A number of firms have modified their ratings and price targets on shares of Sonoco Products (NYSE: SON) recently:
- 7/15/2026 – Sonoco Products had its price target lowered by Truist Financial Corporation from $65.00 to $64.00. They now have a “buy” rating on the stock.
- 7/14/2026 – Sonoco Products had its price target raised by Bank of America Corporation from $65.00 to $69.00. They now have a “buy” rating on the stock.
- 7/9/2026 – Sonoco Products had its price target raised by Citigroup Inc. from $63.00 to $66.00. They now have a “buy” rating on the stock.
- 6/29/2026 – Sonoco Products was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
Insider Activity at Sonoco Products
In related news, insider James A. Harrell III purchased 6,753 shares of the company’s stock in a transaction that occurred on Monday, April 27th. The shares were purchased at an average price of $50.37 per share, for a total transaction of $340,148.61. Following the transaction, the insider directly owned 10,070 shares of the company’s stock, valued at approximately $507,225.90. The trade was a 203.59% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Paul Joachimczyk acquired 8,058 shares of the firm’s stock in a transaction on Friday, April 24th. The shares were bought at an average cost of $49.64 per share, with a total value of $399,999.12. Following the completion of the transaction, the chief financial officer directly owned 28,558 shares in the company, valued at $1,417,619.12. This trade represents a 39.31% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.98% of the stock is currently owned by insiders.
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.
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