Truist initiated coverage on Sonoco Products with a new price target
$SON
Containers/Packaging
Consumer Discretionary
Truist initiated coverage of Sonoco Products with a rating of Buy and set a new price target of $63.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/26/2024 | $63.00 | Buy | Truist |
| 8/21/2024 | $54.00 → $52.00 | Equal Weight → Underweight | Wells Fargo |
| 7/19/2024 | $62.00 | Outperform | Raymond James |
| 8/3/2023 | Buy → Hold | Argus | |
| 3/20/2023 | $65.00 | Neutral → Buy | Seaport Research Partners |
| 2/14/2023 | $67.00 | Hold → Buy | Argus |
| 10/31/2022 | $65.00 → $58.00 | Market Perform → Underperform | BMO Capital Markets |
| 10/13/2022 | $76.00 | Underperform → Buy | BofA Securities |
Truist initiated coverage of Sonoco Products with a rating of Buy and set a new price target of $63.00
Wells Fargo downgraded Sonoco Products from Equal Weight to Underweight and set a new price target of $52.00 from $54.00 previously
Raymond James initiated coverage of Sonoco Products with a rating of Outperform and set a new price target of $62.00
4/A - SONOCO PRODUCTS CO (0000091767) (Issuer)
4 - SONOCO PRODUCTS CO (0000091767) (Issuer)
4 - SONOCO PRODUCTS CO (0000091767) (Issuer)
8-K/A - SONOCO PRODUCTS CO (0000091767) (Filer)
8-K/A - SONOCO PRODUCTS CO (0000091767) (Filer)
8-K - SONOCO PRODUCTS CO (0000091767) (Filer)
SC 13G/A - SONOCO PRODUCTS CO (0000091767) (Subject)
SC 13G/A - SONOCO PRODUCTS CO (0000091767) (Subject)
SC 13G/A - SONOCO PRODUCTS CO (0000091767) (Subject)
HARTSVILLE, S.C., Feb. 18, 2025 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Sonoco Products Company (NYSE:SON), please note that the cash flow from operating activities under Full-Year 2025 Guidance should be $800 million to $900 million, not $750 million to $850 million as previously stated. The corrected release follows: Sonoco Products Company ("Sonoco" or the "Company") (NYSE:SON), a global leader in high-value sustainable packaging, today reported financial results for its fourth quarter and fiscal year ended December 31, 2024. References in today's news release to consolidated "net sales," "operating profit," and "adjusted operating profit," and
HARTSVILLE, S.C., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company") (NYSE:SON), a global leader in high-value sustainable packaging, today reported financial results for its fourth quarter and fiscal year ended December 31, 2024. References in today's news release to consolidated "net sales," "operating profit," and "adjusted operating profit," and Consumer Packaging segment "segment operating profit" and "segment adjusted EBITDA" along with the corresponding year-over-year comparable results, do not include results of the Company's Thermoformed and Flexibles Packaging business and its global Trident business (collectively, "TFP"), which are being acc
HARTSVILLE, S.C., Feb. 18, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE:SON) has declared a $0.52 per share quarterly common stock dividend. This dividend will be paid on March 10, 2025, to shareholders of record as of February 26, 2025. According to Howard Coker, President and Chief Executive Officer, this is the 399th consecutive quarter and 99th year dating back to 1925, that the Company has paid dividends to shareholders, and is the 41st consecutive year the Company has increased its annualized dividend. Based on the closing price of Sonoco's common stock on February 11, 2025, the Company's dividend provides an approximate 4.4 percent yield, which is more than doubl
HARTSVILLE, S.C., Feb. 18, 2025 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Sonoco Products Company (NYSE:SON), please note that the cash flow from operating activities under Full-Year 2025 Guidance should be $800 million to $900 million, not $750 million to $850 million as previously stated. The corrected release follows: Sonoco Products Company ("Sonoco" or the "Company") (NYSE:SON), a global leader in high-value sustainable packaging, today reported financial results for its fourth quarter and fiscal year ended December 31, 2024. References in today's news release to consolidated "net sales," "operating profit," and "adjusted operating profit," and
HARTSVILLE, S.C., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company") (NYSE:SON), a global leader in high-value sustainable packaging, today reported financial results for its fourth quarter and fiscal year ended December 31, 2024. References in today's news release to consolidated "net sales," "operating profit," and "adjusted operating profit," and Consumer Packaging segment "segment operating profit" and "segment adjusted EBITDA" along with the corresponding year-over-year comparable results, do not include results of the Company's Thermoformed and Flexibles Packaging business and its global Trident business (collectively, "TFP"), which are being acc
HARTSVILLE, S.C., Feb. 18, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE:SON) has declared a $0.52 per share quarterly common stock dividend. This dividend will be paid on March 10, 2025, to shareholders of record as of February 26, 2025. According to Howard Coker, President and Chief Executive Officer, this is the 399th consecutive quarter and 99th year dating back to 1925, that the Company has paid dividends to shareholders, and is the 41st consecutive year the Company has increased its annualized dividend. Based on the closing price of Sonoco's common stock on February 11, 2025, the Company's dividend provides an approximate 4.4 percent yield, which is more than doubl
HARTSVILLE, S.C., May 14, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company") (NYSE:SON), one of the largest sustainable global packaging companies, today announced the upcoming retirement of tenured executive, Jeff Tomaszewski, President, Diversified Businesses, effective June 30, 2024. "On behalf of the entire Sonoco team, I want to thank Jeff for the great impact he has had on our team and business during his 22-year career with the company," said Howard Coker, President and CEO. "When we created our All Other group of businesses, I asked Jeff to take over these diversified businesses to evaluate their strategic long-term fit for Sonoco, while working in para
HARTSVILLE, S.C., Sept. 13, 2022 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), a diversified global packaging leader, today announced the appointment of Shawn Munday as the Vice President of Global Mergers and Acquisitions, reporting to Chief Financial Officer, Rob Dillard. Shawn will lead business development strategies, mergers and acquisitions (M&A), divestitures, and other strategic investment partnerships and activities on behalf of the Company. "Shawn is a dynamic and proven financial and corporate development leader with a successful track record of identifying investments and M&A opportunities for global organizations and we are delighted to have him join Sonoco," said Rob Dillard, CFO.
HARTSVILLE, S.C., Aug. 31, 2022 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest global sustainable packaging companies, today announced that Sundaram Nagarajan, a member of the Board of Directors, has made the decision to step down from the Board, effective immediately. Nagarajan was appointed a Director of Sonoco in 2015 and is President and Chief Executive Officer and a member of the board of directors of Nordson Corporation (NASDAQ:NDSN), an innovative precision technology company that leverages a scalable growth framework thru an entrepreneurial, division led organization to deliver top tier growth with leading margins and returns. In his letter of resignation, Nagarajan