Recent Analysts’ Ratings Updates for Sonoco Products (SON)

Several brokerages have updated their recommendations and price targets on shares of Sonoco Products (NYSE: SON) in the last few weeks:

• 5/2/2026 – Sonoco Products was downgraded by Wall Street Zen from “buy” to “hold”.
• 4/28/2026 – Sonoco Products had its “buy” rating reaffirmed by Truist Financial Corporation. They now have a $65.00 price target on the stock, down from $68.00.
• 4/23/2026 – Sonoco Products had its price target lowered by Citigroup Inc. from $70.00 to $63.00. They now have a “buy” rating on the stock.
• 4/23/2026 – Sonoco Products had its price target lowered by Robert W. Baird from $60.00 to $55.00. They now have a “neutral” rating on the stock.
• 4/22/2026 – Sonoco Products had its “buy” rating reaffirmed by Bank of America Corporation.
• 4/20/2026 – Sonoco Products was upgraded by Argus to “hold”.
• 4/15/2026 – Sonoco Products had its price target lowered by Truist Financial Corporation from $69.00 to $68.00. They now have a “buy” rating on the stock.
• 4/10/2026 – Sonoco Products had its price target lowered by UBS Group AG from $62.00 to $59.00. They now have a “neutral” rating on the stock.
• 4/1/2026 – Sonoco Products is now covered by Deutsche Bank Aktiengesellschaft. They set a “buy” rating and a $63.00 price target on the stock.
• 3/20/2026 – Sonoco Products had its price target lowered by Wells Fargo & Company from $60.00 to $56.00. They now have an “equal weight” rating on the stock.

Sonoco Products Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 8th will be issued a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Friday, May 8th. This is a positive change from Sonoco Products’s previous quarterly dividend of $0.53. Sonoco Products’s payout ratio is presently 20.78%.

Insider Buying and Selling

In related news, CFO Paul Joachimczyk bought 8,058 shares of Sonoco Products stock in a transaction that occurred on Friday, April 24th. The stock was acquired at an average price of $49.64 per share, with a total value of $399,999.12. Following the acquisition, the chief financial officer owned 28,558 shares of the company’s stock, valued at approximately $1,417,619.12. This represents a 39.31% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Ernest D. Haynes III sold 1,581 shares of Sonoco Products stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $56.39, for a total transaction of $89,152.59. Following the sale, the insider directly owned 9,377 shares of the company’s stock, valued at $528,769.03. The trade was a 14.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.98% of the stock is currently owned by insiders.

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.