Sonoco Products (SON) Expected to Announce Quarterly Earnings on Tuesday
by Teresa Graham · The Cerbat GemSonoco Products (NYSE:SON – Get Free Report) is anticipated to announce its Q1 2026 results after the market closes on Tuesday, April 21st. Analysts expect the company to announce earnings of $1.57 per share and revenue of $1.8803 billion for the quarter. Investors may review the information on the company’s upcoming Q1 2026 earning report for the latest details on the call scheduled for Wednesday, April 22, 2026 at 8:00 AM ET.
Sonoco Products (NYSE:SON – Get Free Report) last posted its earnings results on Tuesday, February 17th. The industrial products company reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.04. The firm had revenue of $1.77 billion during the quarter, compared to analyst estimates of $1.76 billion. Sonoco Products had a net margin of 13.34% and a return on equity of 18.52%. Sonoco Products’s revenue was up 29.7% on a year-over-year basis. During the same period in the previous year, the business posted $1.17 EPS. On average, analysts expect Sonoco Products to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.
Sonoco Products Trading Up 4.0%
Sonoco Products stock opened at $57.47 on Friday. Sonoco Products has a 52-week low of $38.65 and a 52-week high of $58.44. The firm has a market capitalization of $5.68 billion, a price-to-earnings ratio of 5.71, a PEG ratio of 1.10 and a beta of 0.50. The firm has a 50-day moving average price of $54.20 and a two-hundred day moving average price of $47.14. The company has a quick ratio of 0.60, a current ratio of 1.05 and a debt-to-equity ratio of 1.04.
Sonoco Products Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th will be given a dividend of $0.54 per share. This is a positive change from Sonoco Products’s previous quarterly dividend of $0.53. The ex-dividend date is Friday, May 8th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 3.8%. Sonoco Products’s payout ratio is presently 21.05%.
Insider Buying and Selling
In related news, insider Ernest D. Haynes III sold 1,581 shares of the stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $56.39, for a total transaction of $89,152.59. Following the completion of the sale, the insider directly owned 9,377 shares of the company’s stock, valued at $528,769.03. This represents a 14.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.98% of the stock is currently owned by corporate insiders.
Institutional Trading of Sonoco Products
Several institutional investors and hedge funds have recently added to or reduced their stakes in SON. Larson Financial Group LLC lifted its stake in Sonoco Products by 1,826.9% during the third quarter. Larson Financial Group LLC now owns 1,002 shares of the industrial products company’s stock valued at $43,000 after purchasing an additional 950 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in Sonoco Products during the third quarter valued at approximately $56,000. Parallel Advisors LLC lifted its stake in Sonoco Products by 73.5% during the fourth quarter. Parallel Advisors LLC now owns 1,320 shares of the industrial products company’s stock valued at $58,000 after purchasing an additional 559 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in Sonoco Products by 315.4% during the second quarter. EverSource Wealth Advisors LLC now owns 1,587 shares of the industrial products company’s stock valued at $69,000 after purchasing an additional 1,205 shares during the last quarter. Finally, Ameriflex Group Inc. lifted its stake in Sonoco Products by 82.1% during the fourth quarter. Ameriflex Group Inc. now owns 1,639 shares of the industrial products company’s stock valued at $72,000 after purchasing an additional 739 shares during the last quarter. 77.69% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of analysts have commented on SON shares. Deutsche Bank Aktiengesellschaft started coverage on shares of Sonoco Products in a research report on Wednesday, April 1st. They set a “buy” rating and a $63.00 price target on the stock. Truist Financial lowered their price target on Sonoco Products from $69.00 to $68.00 and set a “buy” rating on the stock in a research report on Wednesday. UBS Group lowered their price target on Sonoco Products from $62.00 to $59.00 and set a “neutral” rating on the stock in a research report on Friday, April 10th. Bank of America upgraded Sonoco Products from a “neutral” rating to a “buy” rating and lifted their price target for the company from $56.00 to $60.00 in a research report on Monday, January 5th. Finally, Robert W. Baird upped their price objective on Sonoco Products from $48.00 to $60.00 and gave the company a “neutral” rating in a report on Wednesday, February 18th. Five analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $61.78.
Read Our Latest Research Report on SON
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.