Packaging Corporation of America $PKG Shares Sold by Hudson Bay Capital Management LP

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Hudson Bay Capital Management LP significantly reduced its stake in Packaging Corporation of America (NYSE:PKG), selling 61.4% of its shares. This comes as Packaging Corp. missed Q4 earnings estimates, setting Q1 2026 guidance lower, despite declaring a quarterly dividend of $1.25. Analyst ratings for PKG are mixed, with a consensus of “Moderate Buy.”

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