Brokers Issue Forecasts for Sonoco Products Q1 Earnings

Sonoco Products (NYSE:SON) – Research analysts at Seaport Res Ptn issued their Q1 2025 earnings per share (EPS) estimates for shares of Sonoco Products in a report issued on Tuesday, February 25th. Seaport Res Ptn analyst M. Weintraub expects 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.

Several other analysts also recently commented on SON. Truist Financial decreased their price objective on shares of Sonoco Products from $68.00 to $60.00 and set a “buy” rating on the stock in a research report on Friday, February 21st. Robert W. Baird decreased their price target on Sonoco Products from $58.00 to $55.00 and set a “neutral” rating on the stock in a report on Monday, November 4th. Citigroup dropped their price objective on Sonoco Products from $59.00 to $55.00 and set a “buy” rating for the company in a research note on Monday, January 6th. StockNews.com downgraded Sonoco Products from a “buy” rating to a “hold” rating in a research note on Thursday, February 20th. Finally, Bank of America upped their price target on Sonoco Products from $66.00 to $71.00 and gave the stock a “buy” rating in a research note on Monday, January 6th. One analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $58.50.

Sonoco Products Price Performance

NYSE SON opened at $46.57 on Friday. 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 has a 12 month low of $44.35 and a 12 month high of $61.73. The company’s 50 day moving average is $47.84 and its two-hundred day moving average is $50.95. The company has a current ratio of 0.79, a quick ratio of 1.91 and a debt-to-equity ratio of 2.18.

Sonoco Products (NYSE:SON) last posted 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). The company had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.67 billion. Sonoco Products had a return on equity of 20.81% and a net margin of 2.60%.

Sonoco Products Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Wednesday, February 26th will be issued a $0.52 dividend. The ex-dividend date of this dividend is Wednesday, February 26th. This represents a $2.08 annualized dividend and a dividend yield of 4.47%. Sonoco Products’s dividend payout ratio (DPR) is 126.06%.

Insider Buying and Selling

In related news, Director Robert R. Hill, Jr. sold 4,000 shares of the business’s stock in a transaction on Tuesday, January 7th. The shares were sold at an average price of $47.95, for a total value of $191,800.00. Following the sale, the director now owns 16,065 shares in the company, valued at approximately $770,316.75. The trade was a 19.94 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director John R. Haley acquired 3,000 shares of the stock in a transaction on Thursday, February 27th. The shares were acquired at an average price of $46.76 per share, with a total value of $140,280.00. Following the transaction, the director now directly owns 18,558 shares of the company’s stock, valued at $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. 0.51% of the stock is owned by company insiders.

Institutional Trading of Sonoco Products

A number of large investors have recently made changes to their positions in SON. Vanguard Group Inc. grew its position in Sonoco Products by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 11,128,725 shares of the industrial products company’s stock worth $543,638,000 after acquiring an additional 120,843 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Sonoco Products by 4.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,140,471 shares of the industrial products company’s stock valued at $153,411,000 after purchasing an additional 136,965 shares during the last quarter. Earnest Partners LLC boosted its holdings in shares of Sonoco Products by 0.4% in the 4th quarter. Earnest Partners LLC now owns 2,594,601 shares of the industrial products company’s stock worth $126,746,000 after purchasing an additional 10,661 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Sonoco Products by 2.3% in the 3rd quarter. Geode Capital Management LLC now owns 1,863,756 shares of the industrial products company’s stock worth $101,842,000 after purchasing an additional 42,701 shares during the period. Finally, Cooper Creek Partners Management LLC bought a new position in shares of Sonoco Products during the 4th quarter valued at approximately $78,203,000. 77.69% of the stock is currently owned by institutional investors.

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.