Sonoco Products (NYSE:SON) Releases FY 2026 Earnings Guidance

Sonoco Products (NYSE:SON) issued an update on its FY 2026 earnings guidance on Monday morning. The company provided EPS guidance of 5.800-6.200 for the period, compared to the consensus EPS estimate of 5.980. The company issued revenue guidance of -.

Sonoco Products Stock Up 0.7%

Sonoco Products stock traded up $0.36 during mid-day trading on Monday, reaching $51.66. The stock had a trading volume of 1,483,857 shares, compared to its average volume of 946,170. The company has a market capitalization of $5.10 billion, a price-to-earnings ratio of 8.20, a PEG ratio of 0.80 and a beta of 0.54. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.92 and a quick ratio of 0.58. Sonoco Products has a one year low of $38.65 and a one year high of $52.38. The company has a 50-day moving average price of $46.69 and a two-hundred day moving average price of $44.47.

Sonoco Products Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Wednesday, February 25th will be given a dividend of $0.53 per share. The ex-dividend date of this dividend is Wednesday, February 25th. This represents a $2.12 annualized dividend and a dividend yield of 4.1%. Sonoco Products’s dividend payout ratio (DPR) is 33.65%.

Analyst Ratings Changes

Several research firms recently issued reports on SON. Raymond James Financial set a $60.00 price objective on Sonoco Products in a research report on Monday, January 5th. Bank of America raised Sonoco Products from a “neutral” rating to a “buy” rating and increased their price objective for the company from $56.00 to $60.00 in a research report on Monday, January 5th. Weiss Ratings restated a “hold (c-)” rating on shares of Sonoco Products in a research note on Wednesday, January 21st. Wells Fargo & Company reiterated an “equal weight” rating and issued a $47.00 price target (down from $52.00) on shares of Sonoco Products in a research note on Tuesday, January 6th. Finally, Wall Street Zen upgraded shares of Sonoco Products from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Four research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $54.86.

Institutional Investors Weigh In On Sonoco Products

A number of hedge funds have recently modified their holdings of the business. Fuller & Thaler Asset Management Inc. raised its holdings in Sonoco Products by 477.8% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 5,901,950 shares of the industrial products company’s stock worth $257,561,000 after purchasing an additional 4,880,438 shares during the period. State Street Corp raised its stake in shares of Sonoco Products by 0.3% in the second quarter. State Street Corp now owns 4,470,449 shares of the industrial products company’s stock worth $194,733,000 after buying an additional 13,161 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Sonoco Products by 4.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,898,370 shares of the industrial products company’s stock valued at $170,126,000 after buying an additional 176,949 shares in the last quarter. Bank of America Corp DE increased its holdings in Sonoco Products by 6.1% in the 2nd quarter. Bank of America Corp DE now owns 2,804,621 shares of the industrial products company’s stock worth $122,169,000 after acquiring an additional 162,262 shares in the last quarter. Finally, AQR Capital Management LLC increased its stake in shares of Sonoco Products by 357.8% in the third quarter. AQR Capital Management LLC now owns 2,117,022 shares of the industrial products company’s stock worth $90,693,000 after purchasing an additional 1,654,576 shares in the last quarter. Institutional investors own 77.69% of the company’s stock.

Sonoco Products Company Profile

Sonoco Products Company (NYSE: SON) is a global provider of diversified packaging solutions, serving a wide range of consumer, industrial and retail markets. The company offers a broad portfolio that includes rigid paper and plastic containers, flexible packaging, industrial core and tube products, thermoformed plastics, retail point-of-purchase displays, and packaging supply chain services. Through its solutions, Sonoco helps customers in food and beverage, personal care, chemicals, healthcare, home and garden, and electronics industries address their packaging needs, improve product shelf appeal, and optimize logistics efficiency.

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.