Seaport Res Ptn Comments on Sonoco Products FY2026 Earnings

Sonoco Products (NYSE:SON) – Research analysts at Seaport Res Ptn issued their FY2026 EPS estimates for Sonoco Products in a report issued on Tuesday, February 25th. Seaport Res Ptn analyst M. Weintraub anticipates that the industrial products company will earn $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 issued its quarterly earnings results on Tuesday, February 18th. The industrial products company reported $1.17 EPS for the quarter, missing analysts’ consensus estimates 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 analyst estimates of $1.67 billion.

Several other research analysts have also recently weighed in on the company. Citigroup reduced their price objective on Sonoco Products from $59.00 to $55.00 and set a “buy” rating for the company in a research note on Monday, January 6th. Bank of America lifted their target price on Sonoco Products from $66.00 to $71.00 and gave the company a “buy” rating in a report on Monday, January 6th. Truist Financial cut their price target 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. StockNews.com cut shares of Sonoco Products from a “buy” rating to a “hold” rating in a report on Thursday, February 20th. Finally, Wells Fargo & Company lowered 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. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $58.50.

Sonoco Products Stock Performance

SON opened at $46.57 on Thursday. Sonoco Products has a 1-year low of $44.35 and a 1-year high of $61.73. The company has a market cap of $4.58 billion, a price-to-earnings ratio of 28.22, a PEG ratio of 0.76 and a beta of 0.67. The company has a current ratio of 0.79, a quick ratio of 1.91 and a debt-to-equity ratio of 2.18. The company’s fifty day moving average price is $47.84 and its two-hundred day moving average price is $50.95.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in SON. Kennebec Savings Bank bought a new position in Sonoco Products during the third quarter valued at $27,000. Capital Performance Advisors LLP purchased a new position in Sonoco Products in the 3rd quarter worth about $33,000. Colonial Trust Co SC lifted its holdings in Sonoco Products by 90.6% during the 4th quarter. Colonial Trust Co SC now owns 953 shares of the industrial products company’s stock valued at $47,000 after buying an additional 453 shares in the last quarter. Quarry LP grew its stake in Sonoco Products by 111.3% in the fourth quarter. Quarry LP now owns 970 shares of the industrial products company’s stock worth $47,000 after purchasing an additional 511 shares in the last quarter. Finally, True Wealth Design LLC lifted its stake in Sonoco Products by 650.7% in the fourth quarter. True Wealth Design LLC now owns 1,096 shares of the industrial products company’s stock worth $54,000 after acquiring an additional 950 shares during the period. Hedge funds and other institutional investors own 77.69% of the company’s stock.

Insider Buying and Selling

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

Sonoco Products Dividend Announcement

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

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.