Brokers Issue Forecasts for Sonoco Products Q1 Earnings

Sonoco Products (NYSE:SON) – Stock analysts at Seaport Res Ptn issued their Q1 2025 earnings per share (EPS) estimates for Sonoco Products in a research report issued to clients and investors on Tuesday, February 25th. Seaport Res Ptn analyst M. Weintraub forecasts that the industrial products company will earn $1.42 per share for the quarter. The consensus estimate for Sonoco Products’ current full-year earnings is $6.10 per share. Seaport Res Ptn also issued estimates for Sonoco Products’ Q2 2025 earnings at $1.50 EPS, Q3 2025 earnings at $1.95 EPS, Q4 2025 earnings at $1.08 EPS and FY2025 earnings at $5.95 EPS.

Other equities research analysts have also issued reports about the company. Robert W. Baird dropped their price target on Sonoco Products from $58.00 to $55.00 and set a “neutral” rating on the stock in a research report on Monday, November 4th. Truist Financial dropped their target price on shares of Sonoco Products from $68.00 to $60.00 and set a “buy” rating on the stock in a report on Friday, February 21st. StockNews.com lowered shares of Sonoco Products from a “buy” rating to a “hold” rating in a research note on Thursday, February 20th. Wells Fargo & Company dropped their price objective on shares of Sonoco Products from $50.00 to $48.00 and set an “underweight” rating on the stock in a research note on Monday. Finally, Bank of America raised their target price 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. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $58.50.

Sonoco Products Stock Performance

Sonoco Products stock opened at $46.57 on Friday. Sonoco Products has a fifty-two week low of $44.35 and a fifty-two week high of $61.73. The stock’s 50 day simple moving average is $47.84 and its two-hundred day simple moving average is $50.95. The company has a debt-to-equity ratio of 2.18, a quick ratio of 1.91 and a current ratio of 0.79. The stock 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.

Sonoco Products (NYSE:SON) last issued its quarterly earnings data on Tuesday, February 18th. The industrial products company reported $1.17 EPS for the quarter, missing the consensus estimate of $1.18 by ($0.01). Sonoco Products had a return on equity of 20.81% and a net margin of 2.60%. The company had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.67 billion.

Sonoco Products Announces Dividend

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

Insider Transactions at Sonoco Products

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

Institutional Inflows and Outflows

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

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.