Sonoco
About: Over its 100-year-plus history, Sonoco Products has steadily assembled a diverse portfolio of industrial and consumer packaging product offerings such as flexible and rigid plastics, reels and spools, pallets, and composite cans. The company serves a variety of consumer and industrial end markets throughout North America. Sonoco has raised its dividend each year for more than 40 years.
Employees: 23,000
0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
107% more call options, than puts
Call options by funds: $8.85M | Put options by funds: $4.27M
2% more capital invested
Capital invested by funds: $4.05B [Q2] → $4.14B (+$99M) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
5% less first-time investments, than exits
New positions opened: 61 | Existing positions closed: 64
1% less funds holding
Funds holding: 470 [Q2] → 463 (-7) [Q3]
3.91% less ownership
Funds ownership: 81.15% [Q2] → 77.24% (-3.91%) [Q3]
13% less repeat investments, than reductions
Existing positions increased: 155 | Existing positions reduced: 179
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$50
4%
upside
Avg. target
$61
27%
upside
High target
$71
48%
upside
4 analyst ratings
3 positive
75%
0 neutral
0%
1 negative
25%
Citigroup Anthony Pettinari 44% 1-year accuracy 22 / 50 met price target | 15%upside $55 | Buy Maintained | 6 Jan 2025 |
B of A Securities George Staphos 65% 1-year accuracy 13 / 20 met price target | 48%upside $71 | Buy Maintained | 6 Jan 2025 |
Wells Fargo Gabe Hajde 54% 1-year accuracy 33 / 61 met price target | 4%upside $50 | Underweight Maintained | 6 Jan 2025 |
Truist Securities Michael Roxland 52% 1-year accuracy 25 / 48 met price target | 42%upside $68 | Buy Maintained | 6 Jan 2025 |
Financial journalist opinion
Based on 6 articles about SON published over the past 30 days
Neutral
GlobeNewsWire
2 days ago
Sonoco To Report Fourth Quarter and Full Year 2024 Results
HARTSVILLE, S.C., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”)(NYSE: SON), a global leader in high-value sustainable packaging, will announce fourth quarter 2024 results on Tuesday, February 18, 2025 after the market closes.
Positive
Zacks Investment Research
1 week ago
SON or PKG: Which Is the Better Value Stock Right Now?
Investors interested in Containers - Paper and Packaging stocks are likely familiar with Sonoco (SON) and Packaging Corp. (PKG). But which of these two stocks presents investors with the better value opportunity right now?
Positive
Zacks Investment Research
1 week ago
Should Value Investors Buy Sonoco (SON) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Positive
Zacks Investment Research
1 week ago
Pick These 5 Bargain Stocks With Impressive EV-to-EBITDA Ratios
We have screened bargain stocks SM, SON, LOCO, GBX and PAGP based on the EV-to-EBITDA ratio, which gives the true picture of valuation and earnings potential.
Neutral
Business Wire
4 weeks ago
Fairmarkit Expands Latin American Impact Through Partnership with Sonoco
BOSTON--(BUSINESS WIRE)--Fairmarkit, a leading AI-powered autonomous sourcing solutions provider, today announced its expanded partnership with Sonoco, a global leader in high-value sustainable packaging, to streamline procurement operations across Latin America. After a successful partnership with their North America team, Sonoco has broadened their use of Fairmarkit's AI-driven sourcing and procurement technology to standardize procurement workflows, automate sourcing requests, and centralize.
Neutral
GlobeNewsWire
4 weeks ago
Sonoco Announces Senior Leadership Changes for 2025
HARTSVILLE, S.C., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, today announced senior leadership changes which became effective on January 3, 2025.
Positive
Zacks Investment Research
1 month ago
Sonoco Inks Agreement to Sell TFP Business to Focus on Core Business
SON inks sell agreement of its TFP Business for $1.8 billion to focus on core businesses and lower debt levels.
Neutral
PRNewsWire
1 month ago
TOPPAN Holdings Acquires Sonoco's TFP Business
Agreement reached on acquisition of Sonoco's TFP business as TOPPAN Group accelerates expansion of sustainable packaging business in Americas TOKYO , Dec. 18, 2024 /PRNewswire/ -- TOPPAN Holdings Inc. (TYO: 7911) (TOPPAN Holdings) has entered into an agreement with Sonoco Products Company (NYSE: SON) (Sonoco), a global leader in high-value sustainable packaging, to acquire Sonoco's Thermoformed & Flexible Packaging (TFP) business for approximately $1.8 billion on a cash-free and debt-free basis and subject to customary adjustments. This acquisition is highly complementary, combining the robust sales network, customer base, and solution development capabilities of Sonoco's TFP business in North and South America with the technical expertise and manufacturing capabilities of TOPPAN Group's global packaging business.
Neutral
GlobeNewsWire
1 month ago
Sonoco Completes Strategic Review, Announces Agreement to Sell Thermoformed and Flexibles Packaging (TFP) Business to TOPPAN Holdings Inc.
HARTSVILLE, S.C., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, today announced it has entered into an agreement to sell its Thermoformed and Flexibles Packaging business (“TFP”) to TOPPAN Holdings Inc. (“Toppan”) for approximately $1.8 billion on a cash-free and debt-free basis and subject to customary adjustments (the “Transaction”).
Positive
Zacks Investment Research
2 months ago
Sonoco Boosts Portfolio With the Completion of Eviosys Buyout
SON closes the previously announced acquisition of Eviosys, which will now operate under its Consumer Packaging segment.
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