Sonoco Products to Post Q1 2025 Earnings of $1.22 Per Share, Seaport Res Ptn Forecasts (NYSE:SON)

Sonoco Products (NYSE:SON) – Investment analysts at Seaport Res Ptn issued their Q1 2025 earnings estimates for shares of Sonoco Products in a research note issued to investors on Tuesday, June 25th. Seaport Res Ptn analyst M. Weintraub anticipates that the industrial products company will earn $1.22 per share for the quarter. The consensus estimate for Sonoco Products’ current full-year earnings is $5.10 per share. Seaport Res Ptn also issued estimates for Sonoco Products’ Q2 2025 earnings at $1.41 EPS, Q4 2025 earnings at $1.33 EPS and FY2025 earnings at $5.45 EPS.

A number of other equities analysts also recently commented on the stock. Wells Fargo & Company increased their price objective on shares of Sonoco Products from $56.00 to $57.00 and gave the stock an “equal weight” rating in a research note on Friday, May 3rd. Citigroup cut their target price on shares of Sonoco Products from $66.00 to $65.00 and set a “buy” rating for the company in a research note on Thursday, April 4th. Finally, StockNews.com upgraded shares of Sonoco Products from a “buy” rating to a “strong-buy” rating in a research note on Tuesday. Two equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Sonoco Products currently has a consensus rating of “Moderate Buy” and an average price target of $63.33.

Sonoco Products Price Performance

SON stock opened at $50.72 on Friday. The stock has a 50-day moving average price of $58.01 and a two-hundred day moving average price of $57.27. The stock has a market cap of $4.98 billion, a PE ratio of 12.81, a price-to-earnings-growth ratio of 2.00 and a beta of 0.72. The company has a current ratio of 1.31, a quick ratio of 0.83 and a debt-to-equity ratio of 1.08. Sonoco Products has a 1 year low of $49.98 and a 1 year high of $61.73.

Sonoco Products (NYSE:SON) last released its earnings results on Tuesday, April 30th. The industrial products company reported $1.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.05 by $0.07. The firm had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.67 billion. Sonoco Products had a return on equity of 20.79% and a net margin of 5.86%. The company’s revenue was down 5.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.40 EPS.

Institutional Investors Weigh In On Sonoco Products

Several hedge funds have recently bought and sold shares of SON. Rise Advisors LLC acquired a new stake in Sonoco Products during the first quarter worth approximately $26,000. Bruce G. Allen Investments LLC bought a new position in shares of Sonoco Products during the fourth quarter worth approximately $28,000. FinTrust Capital Advisors LLC increased its holdings in shares of Sonoco Products by 78.8% during the first quarter. FinTrust Capital Advisors LLC now owns 490 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 216 shares during the period. Burkett Financial Services LLC bought a new position in shares of Sonoco Products during the fourth quarter worth approximately $30,000. Finally, TFO Wealth Partners LLC increased its holdings in shares of Sonoco Products by 12,183.3% during the fourth quarter. TFO Wealth Partners LLC now owns 737 shares of the industrial products company’s stock worth $41,000 after purchasing an additional 731 shares during the period. 77.69% of the stock is currently owned by institutional investors and hedge funds.

Sonoco Products Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 10th. Investors of record on Friday, May 10th were paid a $0.52 dividend. This is an increase from Sonoco Products’s previous quarterly dividend of $0.51. This represents a $2.08 annualized dividend and a yield of 4.10%. The ex-dividend date was Thursday, May 9th. Sonoco Products’s dividend payout ratio (DPR) is 52.53%.

About Sonoco Products

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.