Seaport Res Ptn Forecasts Lower Earnings for Sonoco Products

Sonoco Products Company (NYSE:SON) – Stock analysts at Seaport Res Ptn cut their Q3 2025 earnings per share (EPS) estimates for shares of Sonoco Products in a research report issued to clients and investors on Monday, October 20th. Seaport Res Ptn analyst M. Weintraub now forecasts that the industrial products company will post earnings per share of $1.87 for the quarter, down from their prior estimate of $1.95. The consensus estimate for Sonoco Products’ current full-year earnings is $6.10 per share. Seaport Res Ptn also issued estimates for Sonoco Products’ Q4 2025 earnings at $1.18 EPS, FY2025 earnings at $5.80 EPS and FY2026 earnings at $6.50 EPS.

SON has been the topic of several other reports. Bank of America reaffirmed a “neutral” rating and issued a $56.00 price target on shares of Sonoco Products in a research report on Thursday, October 9th. Wells Fargo & Company cut their target price on shares of Sonoco Products from $55.00 to $50.00 and set an “overweight” rating for the company in a research note on Wednesday, October 15th. Citigroup decreased their price target on shares of Sonoco Products from $56.00 to $55.00 and set a “buy” rating on the stock in a research report on Monday, September 29th. UBS Group cut their price objective on shares of Sonoco Products from $50.00 to $46.00 and set a “neutral” rating for the company in a research report on Monday, October 6th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Sonoco Products in a research report on Wednesday, October 8th. Four equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Sonoco Products has a consensus rating of “Hold” and a consensus price target of $54.50.

Sonoco Products Trading Up 1.0%

Shares of SON stock opened at $41.57 on Wednesday. Sonoco Products has a 12 month low of $39.13 and a 12 month high of $53.69. The company has a market cap of $4.10 billion, a PE ratio of 7.45, a price-to-earnings-growth ratio of 0.68 and a beta of 0.68. The company has a quick ratio of 0.72, a current ratio of 1.25 and a debt-to-equity ratio of 1.53. The business’s 50 day moving average is $44.57 and its two-hundred day moving average is $44.93.

Sonoco Products (NYSE:SON) last posted its quarterly earnings results on Wednesday, June 22nd. The industrial products company reported $1.00 earnings per share for the quarter. The company had revenue of $1.35 billion during the quarter. Sonoco Products had a return on equity of 20.46% and a net margin of 8.35%. Sonoco Products has set its Q2 2022 guidance at $1.60-$1.70 EPS.

Sonoco Products Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Monday, November 10th will be issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date is Monday, November 10th. Sonoco Products’s dividend payout ratio (DPR) is 37.99%.

Institutional Investors Weigh In On Sonoco Products

Large investors have recently made changes to their positions in the business. D.A. Davidson & CO. increased its position in shares of Sonoco Products by 96.4% during the third quarter. D.A. Davidson & CO. now owns 24,674 shares of the industrial products company’s stock worth $1,063,000 after acquiring an additional 12,112 shares during the last quarter. Allen Wealth Management LLC acquired a new stake in Sonoco Products in the third quarter valued at $1,489,000. GoalVest Advisory LLC grew its holdings in Sonoco Products by 17.4% during the 3rd quarter. GoalVest Advisory LLC now owns 30,994 shares of the industrial products company’s stock worth $1,336,000 after acquiring an additional 4,603 shares in the last quarter. True Wealth Design LLC increased its position in shares of Sonoco Products by 172.5% in the 3rd quarter. True Wealth Design LLC now owns 744 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 471 shares during the last quarter. Finally, Cantor Fitzgerald Investment Advisors L.P. bought a new position in shares of Sonoco Products during the third quarter worth about $1,185,000. Institutional investors and hedge funds 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.