Seaport Res Ptn Forecasts Sonoco Products Q1 Earnings

Sonoco Products (NYSE:SON) – Research analysts at Seaport Res Ptn issued their Q1 2025 EPS estimates for Sonoco Products in a note issued to investors on Tuesday, February 25th. Seaport Res Ptn analyst M. Weintraub forecasts that the industrial products company will post earnings per share of $1.42 for the quarter. The consensus estimate for Sonoco Products’ current full-year earnings is $6.10 per share. Seaport Res Ptn also issued estimates for Sonoco Products’ Q2 2025 earnings at $1.50 EPS, Q3 2025 earnings at $1.95 EPS, Q4 2025 earnings at $1.08 EPS and FY2025 earnings at $5.95 EPS.

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

A number of other research firms have also recently weighed in on SON. Robert W. Baird cut their price objective on shares of Sonoco Products from $58.00 to $55.00 and set a “neutral” rating for the company in a report on Monday, November 4th. Wells Fargo & Company cut their price objective on shares of Sonoco Products from $50.00 to $48.00 and set an “underweight” rating for the company in a report on Monday, February 24th. Truist Financial cut their price objective on shares of Sonoco Products from $68.00 to $60.00 and set a “buy” rating for the company in a report on Friday, February 21st. Citigroup cut their price objective on shares of Sonoco Products from $59.00 to $55.00 and set a “buy” rating for the company in a report on Monday, January 6th. Finally, Bank of America lifted their price objective on shares of Sonoco Products from $66.00 to $71.00 and gave the company a “buy” rating in a report on Monday, January 6th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $58.50.

Sonoco Products Trading Up 2.8 %

Shares of Sonoco Products stock opened at $47.82 on Friday. Sonoco Products has a 1 year low of $44.35 and a 1 year high of $61.73. The company has a debt-to-equity ratio of 2.18, a current ratio of 0.79 and a quick ratio of 1.91. The firm has a fifty day moving average price of $47.81 and a 200 day moving average price of $50.94. The stock has a market cap of $4.70 billion, a PE ratio of 28.98, a price-to-earnings-growth ratio of 0.76 and a beta of 0.67.

Sonoco Products Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Wednesday, February 26th will be paid a dividend of $0.52 per share. The ex-dividend date of this dividend is Wednesday, February 26th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 4.35%. Sonoco Products’s dividend payout ratio is currently 126.06%.

Insider Transactions at Sonoco Products

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

Hedge Funds Weigh In On Sonoco Products

A number of institutional investors and hedge funds have recently bought and sold shares of SON. Creative Planning boosted its position in Sonoco Products by 4.3% during the third quarter. Creative Planning now owns 11,435 shares of the industrial products company’s stock worth $625,000 after acquiring an additional 473 shares during the last quarter. Raymond James & Associates boosted its position in Sonoco Products by 18.1% during the third quarter. Raymond James & Associates now owns 121,583 shares of the industrial products company’s stock worth $6,642,000 after acquiring an additional 18,648 shares during the last quarter. International Assets Investment Management LLC boosted its position in Sonoco Products by 5,363.0% during the third quarter. International Assets Investment Management LLC now owns 13,275 shares of the industrial products company’s stock worth $725,000 after acquiring an additional 13,032 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in Sonoco Products by 3.6% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 55,948 shares of the industrial products company’s stock worth $3,056,000 after acquiring an additional 1,962 shares during the last quarter. Finally, State of Alaska Department of Revenue boosted its position in Sonoco Products by 7.3% during the third quarter. State of Alaska Department of Revenue now owns 11,351 shares of the industrial products company’s stock worth $620,000 after acquiring an additional 770 shares during the last quarter. 77.69% of the stock is currently owned by institutional investors and hedge funds.

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.