Sonoco Products (NYSE:SON) Releases FY 2026 Earnings Guidance

Sonoco Products (NYSE:SON) issued an update on its FY 2026 earnings guidance on Monday morning. The company provided earnings per share guidance of 5.800-6.200 for the period, compared to the consensus earnings per share estimate of 5.980. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on SON shares. Truist Financial upped their price objective on Sonoco Products from $53.00 to $54.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Raymond James Financial set a $60.00 target price on Sonoco Products in a research note on Monday, January 5th. Zacks Research upgraded shares of Sonoco Products from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 6th. Wells Fargo & Company restated an “equal weight” rating and issued a $47.00 price objective (down from $52.00) on shares of Sonoco Products in a report on Tuesday, January 6th. Finally, Jefferies Financial Group cut their price objective on shares of Sonoco Products from $61.00 to $60.00 and set a “buy” rating for the company in a research note on Friday, October 24th. Four equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $54.86.

Sonoco Products Trading Up 0.7%

Shares of NYSE:SON traded up $0.36 during trading on Monday, reaching $51.66. 1,483,857 shares of the company traded hands, compared to its average volume of 946,170. The company has a current ratio of 0.92, a quick ratio of 0.58 and a debt-to-equity ratio of 1.14. Sonoco Products has a 52-week low of $38.65 and a 52-week high of $52.38. The firm has a market capitalization of $5.10 billion, a price-to-earnings ratio of 8.20, a P/E/G ratio of 0.80 and a beta of 0.54. The business’s fifty day moving average is $46.69 and its 200-day moving average is $44.47.

Sonoco Products Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Wednesday, February 25th will be paid a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend is Wednesday, February 25th. Sonoco Products’s dividend payout ratio is 33.65%.

Institutional Trading of Sonoco Products

Several large investors have recently added to or reduced their stakes in the stock. Fuller & Thaler Asset Management Inc. lifted its position in Sonoco Products by 477.8% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 5,901,950 shares of the industrial products company’s stock valued at $257,561,000 after acquiring an additional 4,880,438 shares during the period. State Street Corp increased its stake in shares of Sonoco Products by 0.3% during the second quarter. State Street Corp now owns 4,470,449 shares of the industrial products company’s stock valued at $194,733,000 after purchasing an additional 13,161 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Sonoco Products by 4.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,898,370 shares of the industrial products company’s stock valued at $170,126,000 after purchasing an additional 176,949 shares during the last quarter. Bank of America Corp DE boosted its position in shares of Sonoco Products by 6.1% in the 2nd quarter. Bank of America Corp DE now owns 2,804,621 shares of the industrial products company’s stock worth $122,169,000 after purchasing an additional 162,262 shares in the last quarter. Finally, AQR Capital Management LLC grew its stake in shares of Sonoco Products by 357.8% in the 3rd quarter. AQR Capital Management LLC now owns 2,117,022 shares of the industrial products company’s stock worth $90,693,000 after buying an additional 1,654,576 shares during the last quarter. Institutional investors own 77.69% of the company’s stock.

Sonoco Products Company Profile

Sonoco Products Company (NYSE: SON) is a global provider of diversified packaging solutions, serving a wide range of consumer, industrial and retail markets. The company offers a broad portfolio that includes rigid paper and plastic containers, flexible packaging, industrial core and tube products, thermoformed plastics, retail point-of-purchase displays, and packaging supply chain services. Through its solutions, Sonoco helps customers in food and beverage, personal care, chemicals, healthcare, home and garden, and electronics industries address their packaging needs, improve product shelf appeal, and optimize logistics efficiency.

With operations in more than 30 countries across North America, South America, Europe, Asia and Africa, Sonoco leverages a global network of manufacturing facilities, recycling centers and distribution channels to meet the demands of multinational and regional customers.