Analysts Issue Forecasts for Sonoco Products Q1 Earnings

Sonoco Products Company (NYSE:SON) – Equities research analysts at Seaport Res Ptn issued their Q1 2026 earnings estimates for shares of Sonoco Products in a research report issued to clients and investors on Monday, November 17th. Seaport Res Ptn analyst M. Weintraub anticipates that the industrial products company will post earnings per share of $1.31 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 2026 earnings at $1.66 EPS, Q3 2026 earnings at $1.97 EPS and Q4 2026 earnings at $1.21 EPS.

Sonoco Products (NYSE:SON) last released its quarterly earnings data on Wednesday, June 22nd. The industrial products company reported $1.00 EPS for the quarter. The business had revenue of $1.35 billion during the quarter. Sonoco Products had a net margin of 8.82% and a return on equity of 20.49%. Sonoco Products has set its Q2 2022 guidance at $1.60-$1.70 EPS.

Several other equities research analysts have also recently issued reports on SON. Raymond James Financial reissued a “market perform” rating on shares of Sonoco Products in a research report on Friday, October 17th. Wells Fargo & Company increased their target price on shares of Sonoco Products from $50.00 to $52.00 and gave the company an “overweight” rating in a research report on Friday, October 24th. Jefferies Financial Group dropped their price target on Sonoco Products from $61.00 to $60.00 and set a “buy” rating on the stock in a research note on Friday, October 24th. Truist Financial reduced their target price on Sonoco Products from $58.00 to $57.00 and set a “buy” rating for the company in a research note on Monday, October 13th. Finally, Citigroup decreased their price objective on shares of Sonoco Products from $56.00 to $55.00 and set a “buy” rating for the company in a research note on Monday, September 29th. Four research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $54.43.

Sonoco Products Stock Down 0.5%

Shares of NYSE SON opened at $39.84 on Thursday. Sonoco Products has a 1 year low of $38.65 and a 1 year high of $52.77. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.92 and a quick ratio of 0.58. The company has a market cap of $3.93 billion, a P/E ratio of 6.32, a PEG ratio of 0.73 and a beta of 0.67. The firm has a 50-day simple moving average of $42.15 and a two-hundred day simple moving average of $44.47.

Sonoco Products Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Monday, November 10th will be paid a dividend of $0.53 per share. The ex-dividend date is Monday, November 10th. This represents a $2.12 dividend on an annualized basis and a yield of 5.3%. Sonoco Products’s dividend payout ratio is 33.65%.

Insider Buying and Selling at Sonoco Products

In related news, CFO Paul Joachimczyk purchased 20,500 shares of the firm’s stock in a transaction on Wednesday, October 29th. The shares were bought at an average price of $39.50 per share, for a total transaction of $809,750.00. Following the acquisition, the chief financial officer directly owned 20,500 shares in the company, valued at $809,750. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, Director John R. Haley bought 2,506 shares of the business’s stock in a transaction that occurred on Tuesday, October 28th. The stock was purchased at an average cost of $39.87 per share, for a total transaction of $99,914.22. Following the completion of the transaction, the director directly owned 23,310 shares in the company, valued at approximately $929,369.70. This trade represents a 12.05% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.74% of the company’s stock.

Hedge Funds Weigh In On Sonoco Products

A number of hedge funds have recently made changes to their positions in SON. Raymond James Financial Inc. raised its stake in shares of Sonoco Products by 11.0% in the 1st quarter. Raymond James Financial Inc. now owns 136,553 shares of the industrial products company’s stock valued at $6,451,000 after purchasing an additional 13,479 shares during the period. Millennium Management LLC lifted its position in Sonoco Products by 739.7% during the first quarter. Millennium Management LLC now owns 1,152,506 shares of the industrial products company’s stock worth $54,444,000 after acquiring an additional 1,015,250 shares during the last quarter. Jefferies Financial Group Inc. acquired a new stake in Sonoco Products in the 1st quarter worth about $748,000. Picton Mahoney Asset Management grew its holdings in shares of Sonoco Products by 38,195.2% during the 1st quarter. Picton Mahoney Asset Management now owns 8,042 shares of the industrial products company’s stock worth $380,000 after purchasing an additional 8,021 shares in the last quarter. Finally, Nordea Investment Management AB lifted its position in shares of Sonoco Products by 70.1% during the 2nd quarter. Nordea Investment Management AB now owns 2,827,569 shares of the industrial products company’s stock worth $122,914,000 after buying an additional 1,164,849 shares during the last quarter. Hedge funds and other 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.