Q3 EPS Estimates for Sonoco Products Cut by Seaport Res Ptn

Sonoco Products Company (NYSE:SON) – Research analysts at Seaport Res Ptn dropped their Q3 2025 earnings per share estimates for Sonoco Products in a research report issued on Monday, October 20th. Seaport Res Ptn analyst M. Weintraub now anticipates that the industrial products company will post earnings of $1.87 per share for the quarter, down from their previous estimate of $1.95. The consensus estimate for Sonoco Products’ current full-year earnings is $6.10 per share. Seaport Res Ptn also issued estimates for Sonoco Products’ Q4 2025 earnings at $1.18 EPS, FY2025 earnings at $5.80 EPS and FY2026 earnings at $6.50 EPS.

SON has been the topic of several other reports. Truist Financial reduced their target price on Sonoco Products from $58.00 to $57.00 and set a “buy” rating on the stock in a report on Monday, October 13th. Bank of America reiterated a “neutral” rating and issued a $56.00 target price on shares of Sonoco Products in a report on Thursday, October 9th. Citigroup cut their price target on Sonoco Products from $56.00 to $55.00 and set a “buy” rating on the stock in a report on Monday, September 29th. Weiss Ratings restated a “hold (c-)” rating on shares of Sonoco Products in a report on Wednesday, October 8th. Finally, Raymond James Financial restated a “market perform” rating on shares of Sonoco Products in a report on Friday, October 17th. Four equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, Sonoco Products has a consensus rating of “Hold” and a consensus target price of $54.50.

Sonoco Products Stock Performance

Shares of SON stock opened at $41.19 on Wednesday. The business’s 50 day simple moving average is $44.67 and its 200 day simple moving average is $44.95. Sonoco Products has a one year low of $39.13 and a one year high of $53.69. The stock has a market capitalization of $4.06 billion, a PE ratio of 7.38, a PEG ratio of 0.66 and a beta of 0.68. The company has a debt-to-equity ratio of 1.53, a current ratio of 1.25 and a quick ratio of 0.72.

Sonoco Products (NYSE:SON) last announced its earnings results on Wednesday, June 22nd. The industrial products company reported $1.00 EPS for the quarter. Sonoco Products had a return on equity of 20.46% and a net margin of 8.35%.The business had revenue of $1.35 billion for the quarter. Sonoco Products has set its Q2 2022 guidance at $1.60-$1.70 EPS.

Institutional Investors Weigh In On Sonoco Products

A number of institutional investors and hedge funds have recently bought and sold shares of SON. ST Germain D J Co. Inc. purchased a new stake in Sonoco Products in the 2nd quarter valued at $26,000. TD Waterhouse Canada Inc. purchased a new stake in Sonoco Products in the 2nd quarter valued at $30,000. True Wealth Design LLC raised its position in Sonoco Products by 172.5% in the 3rd quarter. True Wealth Design LLC now owns 744 shares of the industrial products company’s stock valued at $32,000 after buying an additional 471 shares during the last quarter. Whittier Trust Co. of Nevada Inc. raised its position in Sonoco Products by 508.1% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 900 shares of the industrial products company’s stock valued at $43,000 after buying an additional 752 shares during the last quarter. Finally, Allworth Financial LP raised its position in Sonoco Products by 152.0% in the 1st quarter. Allworth Financial LP now owns 1,071 shares of the industrial products company’s stock valued at $50,000 after buying an additional 646 shares during the last quarter. 77.69% of the stock is owned by hedge funds and other institutional investors.

Sonoco Products Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Monday, November 10th will be issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date is Monday, November 10th. Sonoco Products’s dividend payout ratio (DPR) is currently 37.99%.

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.