Seaport Res Ptn Estimates Sonoco Products FY2026 Earnings

Sonoco Products (NYSE:SON) – Stock analysts at Seaport Res Ptn issued their FY2026 earnings estimates for shares of Sonoco Products in a research note issued on Tuesday, February 25th. Seaport Res Ptn analyst M. Weintraub expects 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 released its earnings results on Tuesday, February 18th. The industrial products company reported $1.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.18 by ($0.01). The firm had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.67 billion. Sonoco Products had a net margin of 2.60% and a return on equity of 20.81%.

A number of other research analysts also recently commented on the stock. Citigroup dropped their price objective on shares of Sonoco Products from $59.00 to $55.00 and set a “buy” rating for the company in a research note on Monday, January 6th. Truist Financial dropped their price objective on shares of Sonoco Products from $68.00 to $60.00 and set a “buy” rating for the company in a research note on Friday, February 21st. Bank of America upped their price objective on shares of Sonoco Products from $66.00 to $71.00 and gave the company a “buy” rating in a research note on Monday, January 6th. Robert W. Baird dropped their price objective on shares of Sonoco Products from $58.00 to $55.00 and set a “neutral” rating for the company in a research note on Monday, November 4th. Finally, Wells Fargo & Company dropped their price objective on shares of Sonoco Products from $50.00 to $48.00 and set an “underweight” rating for the company in a research note on Monday. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, Sonoco Products has an average rating of “Hold” and an average price target of $58.50.

Sonoco Products Trading Down 0.4 %

NYSE SON opened at $46.88 on Thursday. Sonoco Products has a 12 month low of $44.35 and a 12 month high of $61.73. The company has a 50-day moving average of $47.92 and a 200-day moving average of $50.98. 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 company has a market cap of $4.61 billion, a P/E ratio of 28.41, a P/E/G ratio of 0.76 and a beta of 0.67.

Hedge Funds Weigh In On Sonoco Products

A number of institutional investors and hedge funds have recently bought and sold shares of SON. Cooper Creek Partners Management LLC purchased a new position in Sonoco Products in the 4th quarter worth approximately $78,203,000. Norges Bank purchased a new position in Sonoco Products in the 4th quarter worth approximately $60,984,000. Invenomic Capital Management LP boosted its holdings in Sonoco Products by 368.6% in the 4th quarter. Invenomic Capital Management LP now owns 666,430 shares of the industrial products company’s stock worth $32,555,000 after acquiring an additional 524,198 shares during the period. Private Management Group Inc. purchased a new position in Sonoco Products in the 3rd quarter worth approximately $24,994,000. Finally, Deprince Race & Zollo Inc. boosted its holdings in Sonoco Products by 53.4% in the 4th quarter. Deprince Race & Zollo Inc. now owns 1,272,121 shares of the industrial products company’s stock worth $62,143,000 after acquiring an additional 442,892 shares during the period. Hedge funds and other institutional investors own 77.69% of the company’s stock.

Insider Buying and Selling

In related news, Director Robert R. Hill, Jr. sold 4,000 shares of the stock in a transaction that occurred on Tuesday, January 7th. The shares were sold at an average price of $47.95, for a total transaction of $191,800.00. Following the completion of the sale, the director now owns 16,065 shares of the company’s stock, valued at approximately $770,316.75. This represents a 19.94 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.51% of the company’s stock.

Sonoco Products Announces Dividend

The firm also recently announced 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 dividend on an annualized basis and a yield of 4.44%. The ex-dividend date of this dividend is Wednesday, February 26th. Sonoco Products’s dividend payout ratio (DPR) is presently 126.06%.

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.