Seaport Res Ptn Weighs in on Sonoco Products FY2026 Earnings

Sonoco Products (NYSE:SON) – Analysts at Seaport Res Ptn issued their FY2026 earnings estimates for shares of Sonoco Products in a research report issued to clients and investors on Tuesday, February 25th. Seaport Res Ptn analyst M. Weintraub anticipates that the industrial products company will post earnings of $6.35 per share for the year. The consensus estimate for Sonoco Products’ current full-year earnings is $6.10 per share.

Sonoco Products (NYSE:SON) last posted its earnings results on Tuesday, February 18th. The industrial products company reported $1.17 EPS for the quarter, missing the consensus estimate of $1.18 by ($0.01). The business had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.67 billion. Sonoco Products had a net margin of 2.60% and a return on equity of 20.81%.

Other analysts also recently issued reports about the company. Wells Fargo & Company reduced their price objective on Sonoco Products from $50.00 to $48.00 and set an “underweight” rating on the stock in a research report on Monday. Bank of America boosted their target price on Sonoco Products from $66.00 to $71.00 and gave the stock a “buy” rating in a report on Monday, January 6th. Truist Financial reduced their target price on shares of Sonoco Products from $68.00 to $60.00 and set a “buy” rating on the stock in a report on Friday, February 21st. Citigroup reduced their target price on shares of Sonoco Products from $59.00 to $55.00 and set a “buy” rating on the stock in a research report on Monday, January 6th. Finally, StockNews.com lowered Sonoco Products from a “buy” rating to a “hold” rating in a research report on Thursday, February 20th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, Sonoco Products presently has an average rating of “Hold” and a consensus price target of $58.50.

Sonoco Products Stock Down 0.7 %

Shares of Sonoco Products stock opened at $46.57 on Thursday. The company has a market cap of $4.58 billion, a P/E ratio of 28.22, a PEG ratio of 0.76 and a beta of 0.67. The firm has a fifty day moving average of $47.84 and a two-hundred day moving average of $50.95. The company has a debt-to-equity ratio of 2.18, a quick ratio of 1.91 and a current ratio of 0.79. Sonoco Products has a one year low of $44.35 and a one year high of $61.73.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Cooper Creek Partners Management LLC acquired a new position in Sonoco Products during the fourth quarter worth approximately $78,203,000. Norges Bank bought a new position in shares of Sonoco Products in the fourth quarter valued at about $60,984,000. Invenomic Capital Management LP lifted its stake in shares of Sonoco Products by 368.6% during the 4th quarter. Invenomic Capital Management LP now owns 666,430 shares of the industrial products company’s stock worth $32,555,000 after buying an additional 524,198 shares during the last quarter. Private Management Group Inc. bought a new stake in shares of Sonoco Products during the 3rd quarter worth about $24,994,000. Finally, Deprince Race & Zollo Inc. grew its position in shares of Sonoco Products by 53.4% in the fourth quarter. Deprince Race & Zollo Inc. now owns 1,272,121 shares of the industrial products company’s stock valued at $62,143,000 after purchasing an additional 442,892 shares during the last quarter. 77.69% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Sonoco Products

In related news, Director Robert R. Hill, Jr. sold 4,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 7th. The shares were sold at an average price of $47.95, for a total transaction of $191,800.00. Following the completion of the transaction, the director now owns 16,065 shares in the company, valued at approximately $770,316.75. The trade was a 19.94 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John R. Haley bought 3,000 shares of Sonoco Products stock in a transaction on Thursday, February 27th. The shares were acquired at an average price of $46.76 per share, for a total transaction of $140,280.00. Following the completion of the acquisition, the director now owns 18,558 shares of the company’s stock, valued at approximately $867,772.08. This represents a 19.28 % increase in their position. The disclosure for this purchase can be found here. Insiders own 0.51% of the company’s stock.

Sonoco Products Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 26th will be given a $0.52 dividend. The ex-dividend date is Wednesday, February 26th. This represents a $2.08 dividend on an annualized basis and a yield of 4.47%. Sonoco Products’s dividend payout ratio (DPR) is presently 126.06%.

Sonoco Products Company Profile

Sonoco Products Company, together with its subsidiaries, designs, develops, manufactures, and sells various engineered and sustainable packaging products in North and South America, Europe, Australia, and Asia. The company operates Consumer Packaging and Industrial Paper Packaging segments. The Consumer Packaging segment offers round and shaped rigid paper, steel, and plastic containers; metal and peelable membrane ends, closures, and components; thermoformed plastic trays and enclosures; and high-barrier flexible packaging products.