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

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

Sonoco Products Price Performance

Sonoco Products stock traded up $0.36 during midday trading on Monday, hitting $51.66. 1,483,857 shares of the company’s stock were exchanged, compared to its average volume of 946,170. The company has a market cap of $5.10 billion, a P/E 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 quick ratio of 0.58 and a current ratio of 0.92. The stock has a 50-day moving average price of $46.69 and a two-hundred day moving average price of $44.47. Sonoco Products has a 52-week low of $38.65 and a 52-week high of $52.38.

Sonoco Products Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Wednesday, February 25th will be paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Wednesday, February 25th. Sonoco Products’s payout ratio is currently 33.65%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Raymond James Financial set a $60.00 price objective on shares of Sonoco Products in a research report on Monday, January 5th. Wall Street Zen upgraded Sonoco Products from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Truist Financial upped their price objective on Sonoco Products from $53.00 to $54.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Weiss Ratings reissued a “hold (c-)” rating on shares of Sonoco Products in a report on Wednesday, January 21st. Finally, Zacks Research upgraded Sonoco Products from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 6th. Four equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, Sonoco Products presently has a consensus rating of “Hold” and a consensus price target of $54.86.

Institutional Trading of Sonoco Products

A number of institutional investors have recently made changes to their positions in the stock. Caerus Investment Advisors LLC purchased a new stake in Sonoco Products in the fourth quarter worth $215,000. Empowered Funds LLC purchased a new position in Sonoco Products during the 4th quarter valued at $151,000. Quarry LP raised its holdings in Sonoco Products by 27.2% in the 3rd quarter. Quarry LP now owns 3,401 shares of the industrial products company’s stock worth $147,000 after purchasing an additional 728 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new stake in shares of Sonoco Products in the 3rd quarter worth about $206,000. Finally, Jain Global LLC purchased a new position in shares of Sonoco Products during the third quarter valued at about $237,000. Hedge funds and other 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.