Sonoco Products (NYSE:SON) Stock Price Expected to Rise, Robert W. Baird Analyst Says

Sonoco Products (NYSE:SON) had its price objective increased by analysts at Robert W. Baird from $48.00 to $60.00 in a report issued on Wednesday,Benzinga reports. The brokerage presently has a “neutral” rating on the industrial products company’s stock. Robert W. Baird’s price target would indicate a potential upside of 7.07% from the stock’s previous close.

Other equities research analysts have also issued research reports about the stock. UBS Group lifted their price objective on shares of Sonoco Products from $44.00 to $48.00 and gave the company a “neutral” rating in a research note on Monday, January 12th. Wall Street Zen upgraded Sonoco Products from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Bank of America upgraded Sonoco Products from a “neutral” rating to a “buy” rating and upped their price target for the stock from $56.00 to $60.00 in a research note on Monday, January 5th. Truist Financial raised their price objective on Sonoco Products from $53.00 to $54.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. Finally, Raymond James Financial set a $60.00 target price on Sonoco Products in a report on Monday, January 5th. Four equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $60.75.

Sonoco Products Trading Down 2.8%

Shares of NYSE SON opened at $56.04 on Wednesday. The company has a quick ratio of 0.58, a current ratio of 1.05 and a debt-to-equity ratio of 1.04. Sonoco Products has a 12 month low of $38.65 and a 12 month high of $58.44. The company has a market cap of $5.53 billion, a price-to-earnings ratio of 5.57, a P/E/G ratio of 1.15 and a beta of 0.54. The business has a fifty day simple moving average of $47.60 and a 200-day simple moving average of $44.73.

Sonoco Products (NYSE:SON) last posted its quarterly earnings data on Monday, February 16th. The industrial products company reported $1.05 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.04. The firm had revenue of $1.77 billion for the quarter, compared to analysts’ expectations of $1.76 billion. Sonoco Products had a net margin of 13.34% and a return on equity of 18.52%. The company’s quarterly revenue was up 29.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.17 EPS. Sonoco Products has set its FY 2026 guidance at 5.800-6.200 EPS. Sell-side analysts predict that Sonoco Products will post 6.1 EPS for the current year.

Hedge Funds Weigh In On Sonoco Products

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Savant Capital LLC grew its position in shares of Sonoco Products by 415.0% during the third quarter. Savant Capital LLC now owns 37,875 shares of the industrial products company’s stock worth $1,632,000 after buying an additional 30,520 shares in the last quarter. Allen Wealth Management LLC acquired a new position in Sonoco Products during the 3rd quarter worth approximately $1,489,000. AlphaQuest LLC increased its position in shares of Sonoco Products by 1,237.0% in the 3rd quarter. AlphaQuest LLC now owns 24,079 shares of the industrial products company’s stock valued at $1,038,000 after purchasing an additional 22,278 shares during the last quarter. Voya Investment Management LLC raised its holdings in shares of Sonoco Products by 329.3% in the 3rd quarter. Voya Investment Management LLC now owns 50,390 shares of the industrial products company’s stock valued at $2,171,000 after purchasing an additional 38,653 shares in the last quarter. Finally, Pacer Advisors Inc. purchased a new stake in shares of Sonoco Products during the 3rd quarter worth $560,000. Institutional investors and hedge funds own 77.69% of the company’s stock.

Sonoco Products News Summary

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

• Positive Sentiment: Citigroup raised its price target from $52 to $70 and moved to a “buy” rating, implying roughly 25% upside from the referenced price — a clear bull signal that could support further gains. Article Title
• Positive Sentiment: Sonoco hit a new 52‑week high after reporting better‑than‑expected earnings and raising FY‑2026 guidance, validating recent operational momentum and providing a fundamental catalyst. Article Title
• Positive Sentiment: A market write‑up noted the post‑earnings surge and questioned whether there’s more upside or a pullback, highlighting continued investor interest after the strong print. Article Title
• Neutral Sentiment: UBS raised its price target from $48 to $62 but kept a “neutral” rating — the higher target is constructive, though the unchanged stance may limit immediate buying pressure. Article Title
• Neutral Sentiment: Wells Fargo lifted its target to $60 and maintained “equal weight,” signaling modest upside but a cautious view on near‑term outperformance. Article Title
• Neutral Sentiment: Robert W. Baird raised its target to $60 while keeping a “neutral” rating — another example of price‑target support without a full endorsement to buy. Article Title Ticker Report

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.