Sonoco Products (NYSE:SON) Hits New 52-Week High Following Better-Than-Expected Earnings

Sonoco Products Company (NYSE:SON) hit a new 52-week high during mid-day trading on Tuesday after the company announced better than expected quarterly earnings. The company traded as high as $57.27 and last traded at $57.1750, with a volume of 375892 shares changing hands. The stock had previously closed at $51.67.

The industrial products company reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.04. Sonoco Products had a net margin of 13.34% and a return on equity of 18.52%. The company had revenue of $1.77 billion during the quarter, compared to analyst estimates of $1.76 billion. During the same period in the prior year, the business posted $1.17 EPS. The business’s revenue for the quarter was up 29.7% compared to the same quarter last year. Sonoco Products has set its FY 2026 guidance at 5.800-6.200 EPS.

Sonoco Products Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders 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 dividend yield of 3.7%. The ex-dividend date of this dividend is Wednesday, February 25th. Sonoco Products’s payout ratio is currently 21.05%.

Key Stories Impacting Sonoco Products

Here are the key news stories impacting Sonoco Products this week:

• Positive Sentiment: Earnings beat and strong top-line: SON reported $1.05 EPS vs. $1.01 expected and $1.77B revenue vs. $1.76B expected; revenue rose ~29.7% year-over-year — a key driver of the stock move. View Press Release
• Positive Sentiment: Investor Day update: Management outlined its value-creation strategy, financial targets and capital allocation plan — clarity that supports the recent re-rating. Sonoco Provides Investors with Strategy and Financial Update
• Positive Sentiment: Analysts lifted price targets to $60: Wells Fargo and Robert W. Baird raised PTs from the high-$40s to $60, signaling higher fair-value estimates even as they kept neutral/equal-weight ratings. Benzinga Tickerreport
• Positive Sentiment: Technical/market signal: Shares reached a 52-week high this week after the print, reflecting strong investor interest and momentum. Sonoco Surges to 52-Week High
• Neutral Sentiment: FY-2026 guidance: Sonoco set EPS guidance of $5.80–6.20, which sits roughly around the consensus (~$5.98) — the range shows potential upside but also variability. View Slide Deck / Guidance
• Neutral Sentiment: Analyst ratings unchanged: Although PTs rose, both firms left “neutral” / “equal weight” stances — suggesting analysts see limited near-term upside rather than a buy conviction. Benzinga
• Negative Sentiment: Upside appears limited from current levels: The new $60 targets imply only modest upside (~low single digits) from recent prices, which could cap further gains unless guidance or fundamentals materially exceed expectations. Tickerreport

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on SON shares. Robert W. Baird lifted their target price on Sonoco Products from $48.00 to $60.00 and gave the stock a “neutral” rating in a report on Wednesday. Jefferies Financial Group reduced their price objective on shares of Sonoco Products from $61.00 to $60.00 and set a “buy” rating for the company in a research report on Friday, October 24th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Sonoco Products in a report on Wednesday, January 21st. Wall Street Zen raised shares of Sonoco Products from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Finally, Raymond James Financial set a $60.00 price target on shares of Sonoco Products in a research report on Monday, January 5th. Four analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $57.13.

Institutional Trading of Sonoco Products

Several large investors have recently added to or reduced their stakes in the company. Fuller & Thaler Asset Management Inc. grew its holdings in shares of Sonoco Products by 477.8% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 5,901,950 shares of the industrial products company’s stock valued at $257,561,000 after buying an additional 4,880,438 shares in the last quarter. AQR Capital Management LLC boosted its position in Sonoco Products by 357.8% during the 3rd quarter. AQR Capital Management LLC now owns 2,117,022 shares of the industrial products company’s stock worth $90,693,000 after acquiring an additional 1,654,576 shares during the period. Norges Bank purchased a new position in Sonoco Products during the 4th quarter valued at about $54,611,000. Squarepoint Ops LLC increased its holdings in shares of Sonoco Products by 2,813.2% in the 4th quarter. Squarepoint Ops LLC now owns 876,895 shares of the industrial products company’s stock valued at $38,268,000 after purchasing an additional 846,794 shares during the period. Finally, LSV Asset Management increased its stake in Sonoco Products by 95.7% in the 4th quarter. LSV Asset Management now owns 1,563,390 shares of the industrial products company’s stock valued at $68,226,000 after buying an additional 764,590 shares during the period. 77.69% of the stock is owned by institutional investors and hedge funds.

Sonoco Products Trading Up 1.7%

The company has a fifty day moving average of $47.32 and a 200-day moving average of $44.65. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.05 and a quick ratio of 0.58. The firm has a market capitalization of $5.69 billion, a PE ratio of 5.73, a price-to-earnings-growth ratio of 0.88 and a beta of 0.54.

About Sonoco Products

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.