Packaging Corp of America (PKG)

Nov 11, 2026

Sonoco Products Company, a global packaging firm, has announced that CEO R. Howard Coker will retire on December 31, 2026, after over 40 years with the company. Ernest D. Haynes III, currently President of Global Consumer Packaging, has been appointed to succeed Coker as President and CEO. The Board praised Coker's leadership in transforming Sonoco and expressed confidence in Haynes's extensive experience to drive future growth.

Nov 10, 2026

Sonoco CEO R. Howard Coker will retire at year-end, with Ernest D. Haynes III, current president of global consumer packaging, set to succeed him on January 1. Haynes, who has been with Sonoco for nearly 30 years, will receive a base salary of $1.1 million, a 120% bonus target, and annual equity awards of about $6 million. Coker is credited with reshaping Sonoco, but Haynes will take over during a challenging period, as the company reported a net loss of $732 million in the third quarter of 2026.

Nov 10, 2026

Pictet Asset Management Holding SA reduced its stake in Packaging Corporation of America (NYSE:PKG) by 4.5% during the third quarter, now owning 321,607 shares valued at $73.73 million. Despite this, other institutional investors have acquired significant positions, with BlackRock Inc. and Bank of New York Mellon Corp initiating large stakes. The company reported strong Q3 earnings, beating analyst estimates, and announced a quarterly dividend of $1.50 per share.

Nov 6, 2026

Craig Armstrong, VP & GM of North America Conveying Solutions at Regal Rexnord, discusses key takeaways from PACK EXPO 2026, highlighting the focus on flexible production, workforce challenges, and technologies that offer multiple operational benefits. He notes that evolving consumer preferences and labor availability are driving demand for more agile, automated, and sustainable packaging solutions. Regal Rexnord is responding by investing in reliable and innovative conveyance solutions, including a new high-speed conveyor belt designed for recyclability.

Nov 6, 2026

At PACK EXPO 2026, manufacturers prioritized flexible production, addressing workforce challenges, and implementing technologies that offer multiple operational benefits. Craig Armstrong from Regal Rexnord highlighted the need for greater agility due to evolving consumer demands and product complexity. Regal Rexnord is responding by investing in solutions that ensure reliability, uptime, and performance, with a focus on faster changeovers, higher throughput, and sustainability through innovations like a new recyclable high-speed conveyor belt.

Nov 5, 2026

Amcor Plc (AMCR) reported adjusted earnings of 95 cents per share for the quarter ended Sept. 30, 2026, missing the Zacks Consensus Estimate due to higher energy, distribution, and interest costs. Despite a 6.7% increase in revenues to $6.13 billion, driven by raw-material cost pass-through, the company lowered its adjusted EPS guidance for the six-month transition period ending Dec. 31, 2026, to $1.70-$1.80 from $1.80-$1.90. This downward revision reflects the delayed recovery of increased operating costs.

Nov 4, 2026

Hormel Foods packaging scientists are innovating solutions to improve product quality, manufacturing efficiency, and meet customer requests, while significantly reducing packaging materials. These efforts contribute to the company's "Good Feeds Us All" global impact framework, with notable achievements in material reduction, such as saving 1.1 million pounds in 2025 and achieving 61% of their 2030 goal. The collaborative process, often starting from manufacturing challenges or retailer needs, demonstrates how practical packaging improvements can lead to broader sustainability benefits.

Nov 4, 2026

Sonoco Products Company announced a $40 million investment over the next two years to modernize and expand its Richmond, VA paperboard mill. This investment aims to enhance manufacturing capabilities, improve product quality, and increase annual production capacity by approximately 9,000 tons. The project will be executed in two phases, focusing on sheet formation, profile control, density, cleanliness, pulping operations, water systems, automation, and employee experience, with minimal disruption to current output.

Nov 3, 2026

Packaging Corp. (PKG) has seen a 3.85% increase in its stock price over the past week, outperforming the Containers - Paper and Packaging industry. The company holds a Zacks Rank of #2 (Buy) and a Momentum Style Score of B, indicating strong short-term price activity and favorable earnings estimate revisions. This performance suggests PKG could be a solid momentum pick for investors.

Nov 3, 2026

Ball Corporation exceeded Wall Street expectations in Q3, reporting a 24% revenue increase to $4.19 billion, driven by a 4.7% rise in global aluminum packaging shipments. The company reaffirmed its 2026 outlook for double-digit comparable earnings growth and expects to generate approximately $900 million in free cash flow, while also planning to return at least $800 million to shareholders. Despite a GAAP loss due to a noncash pension charge, adjusted earnings remained positive, reflecting strong operational performance across its regional segments, particularly in South America with double-digit volume growth.

Oct 31, 2026

International Paper's attractive 5.5% dividend yield is scrutinized as its free cash flow turned negative in Q3 2026 and was also negative for 2025, meaning dividends are currently funded from its balance sheet. Elevated capital spending is expected to continue for several years, making the company's ability to cover its dividend with operational cash flow a concern. In contrast, rivals Smurfit Westrock and Packaging Corporation of America successfully fund their dividends with operating cash flow.

Oct 29, 2026

Packaging Corp. of America (PKG) stock advanced 2.45% to $254.53 on Thursday, despite a generally grim trading session for the broader market. The S&P 500 Index fell 0.30% and the Dow Jones Industrial Average dropped 0.25%. This daily gain for Packaging Corp. of America broke a two-day losing streak for the company.

Oct 29, 2026

International Paper reported a Q3 2026 loss of $1.10bn, a significant increase from the previous year, primarily due to a $1.38bn non-cash goodwill impairment charge related to its Packaging Solutions EMEA business. Despite this, the company saw growth in its North American packaging segment. International Paper's CEO stated that the company is focused on its strategy to improve cost position and customer experience while advancing the separation of its EMEA packaging business.

Oct 28, 2026

International Paper reported a $1.10 billion Q3 loss from continuing operations, primarily due to a $1.38 billion non-cash goodwill impairment charge for its EMEA packaging business. Despite the loss, the company aims for $460 million to $500 million in North American operating profit for Q4 and $1.3 billion to $1.4 billion for full-year 2026, while also advancing the separation of its EMEA packaging business. Softer demand and rising costs for paper, fiber, energy, and fuel contributed to reduced sales volumes, although North American packaging saw improved operating profit compared to the previous year.