Canada Pension Plan Investment Board acquired a new stake in Sonoco Products Company (NYSE:SON – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 111,200 shares of the industrial products company’s stock, valued at approximately $6,266,000. Canada Pension Plan Investment Board owned about 0.11% of Sonoco Products as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently made changes to their positions in SON. BlackRock Inc. acquired a new position in shares of Sonoco Products in the second quarter valued at $657,016,000. LSV Asset Management lifted its stake in shares of Sonoco Products by 95.7% during the 4th quarter. LSV Asset Management now owns 1,563,390 shares of the industrial products company’s stock worth $68,226,000 after buying an additional 764,590 shares during the last quarter. UBS Group AG boosted its holdings in shares of Sonoco Products by 57.8% during the 4th quarter. UBS Group AG now owns 303,784 shares of the industrial products company’s stock worth $13,257,000 after buying an additional 111,295 shares during the period. Natixis Advisors LLC boosted its holdings in shares of Sonoco Products by 18.6% during the 4th quarter. Natixis Advisors LLC now owns 326,547 shares of the industrial products company’s stock worth $14,251,000 after buying an additional 51,273 shares during the period. Finally, Thompson Siegel & Walmsley LLC acquired a new position in Sonoco Products in the 4th quarter valued at about $7,774,000. 77.69% of the stock is currently owned by institutional investors.
Sonoco Products Price Performance SON stock opened at $56.60 on Monday. The company has a quick ratio of 0.55, a current ratio of 0.99 and a debt-to-equity ratio of 0.97. Sonoco Products Company has a 12 month low of $38.65 and a 12 month high of $60.67. The firm has a market cap of $5.60 billion, a P/E ratio of 9.00, a P/E/G ratio of 1.19 and a beta of 0.37. The company’s 50-day moving average price is $56.49 and its two-hundred day moving average price is $53.69.
Sonoco Products (NYSE:SON – Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The industrial products company reported $1.51 earnings per share for the quarter, topping analysts’ consensus estimates of $1.47 by $0.04. The company had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.88 billion. Sonoco Products had a net margin of 8.41% and a return on equity of 16.50%. The firm’s quarterly revenue was down 1.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.37 EPS. Sonoco Products has set its FY 2026 guidance at 5.800-6.200 EPS. On average, analysts anticipate that Sonoco Products Company will post 5.8 earnings per share for the current fiscal year. Sonoco Products Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 10th will be paid a dividend of $0.54 per share. The ex-dividend date is Monday, August 10th. This represents a $2.16 annualized dividend and a yield of 3.8%. Sonoco Products’s dividend payout ratio is presently 34.34%.
Analyst Upgrades and Downgrades SON has been the topic of several research analyst reports. Bank of America increased their price target on shares of Sonoco Products from $65.00 to $69.00 and gave the company a “buy” rating in a report on Tuesday, July 14th. Weiss Ratings upgraded Sonoco Products from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday. Truist Financial increased their target price on Sonoco Products from $64.00 to $68.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Finally, Citigroup increased their target price on Sonoco Products from $63.00 to $66.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. Six investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, Sonoco Products presently has an average rating of “Moderate Buy” and an average target price of $61.78.
Check Out Our Latest Stock Analysis on Sonoco Products
Sonoco Products Profile (Free Report)
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.
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R. Howard Coker, President & CEO of Sonoco Products (SON +1.46%), purchased 4,345 shares of common stock on Aug. 7, 2026, according to a recent SEC Form 4 filing. He also disposed of 4,345 shares at $0.
Transaction summaryMetricValueShares purchased4,345Shares disposed of4,345Post-transaction shares (total)560,465Post-transaction shares (directly held)542,592Post-transaction shares (indirectly held)17,873Key questionsWhat is the scale of this insider acquisition?
President & CEO R. Howard Coker acquired 4,345 shares in a direct purchase and then disposed of the same number of shares. How is the executive's total equity position structured?
The executive's holdings are predominantly direct, totaling 542,592 shares following the transaction. A smaller portion of the position, consisting of 17,873 shares, is held indirectly through a spouse.What was the market environment at the time of the transaction?
The purchase was completed at $57.41 per share, while the stock closed the same day at $58.02. This acquisition follows a period of positive performance, with the stock price recording a 26% return over the 12 months ending Aug. 7, 2026.Company OverviewMetricValueShare Price (as of market close 2026-08-07)$58.02Market Capitalization$5.7 billionRevenue (TTM)$7.5 billionNet Income (TTM)$645 millionCompany SnapshotSonoco Products manufactures and distributes a comprehensive portfolio of industrial and consumer packaging solutions, including rigid paper containers, flexible packaging, and protective materials, generating revenue across diversified end markets in North and South America, Europe, Australia, and Asia.The company operates through two primary business segments, Consumer Packaging and Industrial Paper Packaging, which design, produce, and deliver customized packaging solutions to manufacturers and brand owners seeking cost-effective and sustainable containment and protection products.Sonoco serves a broad customer base spanning food and beverage, personal care, healthcare, industrial, and consumer goods manufacturers, positioning itself as a critical supplier to companies requiring reliable, high-quality packaging across multiple geographies and market verticals.Sonoco Products is a global packaging leader with $7.5 billion in TTM revenue and operating across multiple continents. The company's dual-segment structure provides exposure to both consumer-facing and industrial packaging markets, enabling diversification across economic cycles. Sonoco's competitive positioning is reinforced by its extensive manufacturing footprint, technical capabilities in sustainable packaging innovation, and long-standing customer relationships with multinational corporations.
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What this transaction means for investorsFor shareholders, this is largely a non-event. As Coker purchased and disposed of the same number of shares in a day, gifting the shares was likely part of a tax strategy. It isn't the same type of signal as buying and holding the stock, nor is it the same type of signal as just selling shares. What would be more helpful for shareholders is to evaluate the stock's upside potential after a strong run.
The company is coming off a strong report for its 2026 second-quarter earnings, with a record operating cash flow of $301 million. That's helping fuel a particularly strong 2026, with Sonoco shares climbing 35.4% as of this writing. In comparison, the S&P 500 is only up 12.1% in the same time frame. Looking ahead, 50% of the 14 analysts tracked by CNN consider Sonoco a buy, while 50% consider it a hold. With a median one-year price target of $63, this suggests a 6.7% gain, implying some underperformance ahead unless the analysts revisit their price targets.
Jack Delaney has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
HARTSVILLE, S.C., Aug. 18, 2026 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value metal and paper consumer and industrial packaging, today announced Francesco Giannolo’s appointment to Vice President and General Manager of Sonoco Consumer Packaging, EMEA. He reports directly to Ernest Haynes, president of Sonoco’s Global Consumer Packaging segment.
Giannolo joined Sonoco in 2019 and prior to this new appointment was Vice President of Commercial for Sonoco’s Consumer Packaging EMEA/APAC business. In 2022, Giannolo was appointed Vice President and General Manager of Sonoco’s Rigid Paper Containers business in EMEA and held other sales leadership roles.
“As we align our global Consumer Packaging businesses, it is critical that we have a strong, experienced leader in the EMEA region. Francesco is that leader,” said Ernest Haynes, president of Sonoco Global Consumer Packaging. “We look forward to even greater focus on innovation, productivity and customer service.”
A native of Naples, Italy, Giannolo has worked in the packaging industry for 23 years, beginning his career at Crown Packaging in 2004 where he was named Plant Manager. He then worked with Amcor as Plant General Manager in its medical division before joining its commercial excellence team where he served as Senior Director of Commercial Excellence for EMEA. Giannolo holds a Master of Science in Environmental and Land Planning Engineering from the Federico II University of Naples.
Earlier this month, Sonoco aligned its Global Consumer Packaging businesses under a single integrated leadership structure, led by Haynes. As President of Sonoco’s Global Consumer Packaging segment, Haynes is responsible for Sonoco’s largest global business with roughly $5.2 billion in annual sales, 98 operations in 25 countries and 11,250 employees serving some of the best-known consumer brands around the world.
About Sonoco
Founded in 1899, Sonoco (NYSE: SON) is a global leader in value-added, sustainable metal and paper consumer and industrial packaging. A Fortune 500 company, Sonoco generated net sales of $7.5 billion from continuing operations in 2025 and has approximately 22,000 employees working in 263 operations in 37 countries, serving some of the world’s best-known brands. Guided by our purpose of Better Packaging. Better Life., we strive to foster a culture of innovation, collaboration and excellence to provide solutions that better serve all our stakeholders and support a more sustainable future. Sonoco was proudly named one of the World’s Most Admired Companies by Fortune in 2026 as well as one of America’s Most Admired and Responsible Companies by Fortune and Newsweek. In 2025, the Company was included on USA TODAY’s list of America’s Climate Leaders. For more information on the Company, visit our website at www.sonoco.com.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/28112872-c9b0-480a-89dd-77947aeaa7a6
Francesco Giannolo Vice President/General Manager Consumer Packaging, EMEA Sonoco
Sonoco Products Company (SON) Q2 2026 Earnings Call July 23, 2026 8:00 AM EDT
Company Participants
Roger Schrum - Head of Investor Relations & Global Marketing Communications
Robert Coker - President, CEO & Director
Paul Joachimczyk - CFO & Principal Accounting Officer
Conference Call Participants
George Staphos - BofA Securities, Research Division
Anthony Pettinari - Citigroup Inc., Research Division
John Dunigan - Jefferies LLC, Research Division
Michael Roxland - Truist Securities, Inc., Research Division
Mark Weintraub - Seaport Research Partners
Hillary Cacanando - Deutsche Bank AG, Research Division
Ghansham Panjabi - Robert W. Baird & Co. Incorporated, Research Division
Matthew Roberts - CGS International
Gabe Hajde - Wells Fargo Securities, LLC, Research Division
Anojja Shah - UBS Investment Bank, Research Division
Presentation
Operator
Hello, everyone. Thank you for joining us, and welcome to the Sonoco Second Quarter 2026 Earnings Conference Call. [Operator Instructions] I will now hand the conference over to Roger Schrum, Head of Investor Relations and Global Marketing Communications. Roger, please go ahead.
Roger Schrum
Head of Investor Relations & Global Marketing Communications
Thank you, Warren, and good morning, everyone. Last evening, we issued a news release and posted an investor presentation that reviews Sonoco's Second Quarter 2026 financial results. Both are posted on the Investor Relations section of our website at sonoco.com. A replay of today's conference call will be available on our website later today, and we'll post a transcript later this week.
If you would turn to Slide 2, I'll remind you that during today's call, we will discuss a number of forward-looking statements based on current expectations, estimates and projections. These statements are not guarantees of future performance and are subject to certain risks and uncertainties. Therefore, actual results may differ materially.
Additionally, today's presentation includes the use of non-GAAP financial measures, which management believes provides useful information to investors about the company's financial condition
HARTSVILLE, S.C., July 15, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a mid-cap value global packaging company, has declared a $0.54 per share quarterly common stock dividend. This dividend is payable on September 10, 2026, to shareholders of record as of August 10, 2026.
According to Howard Coker, president and chief executive officer, this is the 405th consecutive quarter dating back to 1925, that the Company has paid dividends to shareholders. Sonoco has increased its annual dividend for 43 consecutive years. Based on the closing price of Sonoco’s common stock on July 14, 2026, the Company dividend provides an approximate 4.0% yield, which is more than double the dividend yield of the S&P 500 Index.
About Sonoco
Founded in 1899, Sonoco (NYSE: SON) is a global leader in value-added, sustainable metal and paper consumer and industrial packaging. As a member of the Fortune 500, the Company had net sales of $7.5 billion from continuing operations in 2025 and has approximately 22,000 employees working in 263 operations in 37 countries, serving some of the world’s best-known brands. Guided by our purpose of Better Packaging. Better Life., we strive to foster a culture of innovation, collaboration and excellence to provide solutions that better serve all our stakeholders and support a more sustainable future. A Fortune 500 company, Sonoco was proudly named one of the World’s Most Admired Companies by Fortune in 2026 as well as one of America’s Most Admired and Responsible Companies by Fortune and Newsweek. In 2025, the Company was included on USA TODAY’s list of America’s Climate Leaders. For more information on the Company, visit our website at www.sonoco.com.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
As of July 6, 2026, three stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Here’s the latest list of major overbought players in this sector.
Sonoco Products Co (NYSE:SON)Ball Corp (NYSE:BALL) On May 18, JP Morgan analyst Jeffrey Zekauskas upgraded Ball from Neutral to Overweight and maintained the price target of $60. The company’s stock gained around 20% over the past month and has a 52-week high of $68.29. RSI Value: 77.8 BALL Price Action: Shares of Ball gained 2.7% to close at $63.39 on Thursday. Crown Holdings Inc (NYSE:CCK)Learn more about BZ Edge Rankings—click to see scores for other stocks in the sector and see how they compare.
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Investors looking for high-yield dividend stocks typically don't expect them to generate alpha. But in some cases, they do. Take Sonoco Products (SON +2.26%), for example.
Sonoco Products is not the oil and gas company, which is spelled differently. Sonoco Products makes packaging -- metal, paper, and plastic packages for consumer and industrial uses.
It's not a stock many people know, but Sonoco is not only paying an above-average dividend yield; it is also beating the S&P 500 and the Nasdaq.
Image source: Getty Images.
Sonoco crushes S&P 500 and Nasdaq Sonoco's stock has posted impressive numbers this year. The stock has returned 30% year to date, beating the Nasdaq's 10.3% and the S&P 500's 8.5%.
Further, the stock has a dividend yield of 3.78%, well above the S&P 500 average. It has also boosted its dividend annually for the past 43 consecutive years. If it keeps boosting the payout annually for seven more years, it will be a Dividend King.
Sonoco Products is coming off a quarter in which sales dropped 2%, but earnings rose 26% year over year to $0.68 per share. This is largely due to an expense-reduction plan that led to a 4% drop in selling, general, and administrative expenses in the latest quarter.
Sonoco's Profitability Performance Plan targets $32 million in savings this year and $150 million to $200 million over the next three years. It is also streamlining operations by selling off some of its lower-performing assets, like ThermoSafe. The expense reductions will offset some of the higher material costs the company is experiencing due to inflation and tariffs.
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Also, net sales will stall out in fiscal 2026, as the company guides for revenue between $7.25 billion and $7.75 billion, which would be on par with last year at the midpoint. Further, cash flow from operations is anticipated to be between $700 million and $800 million, up slightly from last fiscal year.
Sonoco has more room to run Sonoco's stock has rallied this year mainly due to its cost-cutting initiative and the pivot to consumer packaging from industrial. Consumer packaging is a higher-margin business and less cyclical than industrial packaging. The company has been steadily increasing consumer sales, and the consumer side now makes up about 67% of its total sales, up from 42% in 2020.
Sonoco has strong cash flow, a low payout ratio of 38%, and is fully committed to its dividend. It has raised its dividend for 43 straight years and has paid a dividend for 404 straight quarters (since 1925).
While analysts expect only 2% earnings growth in fiscal 2026, they see 10% growth in 2027, likely due to the benefits of the pivot and the Profitability Performance Plan kicking in.
Roughly 50% of analysts rate Sonoco as a buy, while 50% rate it a hold. It has a median price target of $63 per share, which suggests 12% upside.
Plus, the stock is still dirt cheap, even after the 29% surge. It is trading at 9 times forward earnings and has a minuscule five-year PEG ratio of 0.20, which makes it a great value and a good buy -- for both dividends and returns.
