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7 stories mentioning SON

Every FINWIRES story that references SON, newest first.

Insider Trading

Sonoco Products Insider Bought Shares Worth $340,183, According to a Recent SEC Filing

James A. Harrell III, President of Global Industrial Paper Packaging, on April 27, 2026, executed a purchase for 6,753 shares in Sonoco Products (SON) for $340,183. Following the Form 4 filing with the SEC, Harrell has control over a total of 70,026 common shares of the company, with 59,956 shares held directly and 10,070 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/91767/000122520826004697/xslF345X05/doc4.xmlPrice: $49.73, Change: $-0.18, Percent Change: -0.36%

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Insider Trading

Sonoco Products Insider Bought Shares Worth $399,998, According to a Recent SEC Filing

Paul Joachimczyk, CFO, on April 24, 2026, executed a purchase for 8,058 shares in Sonoco Products (SON) for $399,998. Following the Form 4 filing with the SEC, Joachimczyk has control over a total of 28,558 common shares of the company, with 28,558 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/91767/000122520826004596/xslF345X05/doc4.xml

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Wire

Top Midday Decliners

Liberty Defense Holdings (DETX, TSXV: SCAN) began trading on the Nasdaq Capital Market on Wednesday as part of its initial public offering in the US of about 3.67 million common shares, targeting roughly $20 million in gross proceeds.Shares declined 5.4% as intraday trading volume rose to over 1.2 million.TE Connectivity (TEL) shares slumped 12% amid heavy trading after the company reported lower-than-expected fiscal Q2 net sales on Wednesday.More than 4.3 million shares of the company traded intraday compared with a daily average of about 2.2 million.Sonoco Products (SON) reported a year-over-year decline in Q1 adjusted earnings and sales late Tuesday.Shares slumped 17% as intraday trading volume soared to more than 4.3 million from a daily average of about 998,000.Price: $4.26, Change: $-0.24, Percent Change: -5.38%

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Research

Research Alert: CFRA Keeps Hold Opinion On Shares Of Sonoco Products Co.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We decrease our 12-month target by $4 to $54 on an EV/EBITDA of 7.9x our 2026 EBITDA estimate, a discount to SON's three-year average of 8.0x. We decrease our 2026 EPS view by $0.07 to $5.90 and decrease 2027 by $0.08 to $6.50. We see an increased risk of guidance being lowered in Q2 following the near-miss this quarter and have lowered our EPS forecast accordingly. SON made a $20M investment in automated wood reel production to meet increased demand from wire and cable industry related to data center and power infrastructure build-outs. We believe this will have a strong ROI given the long-term demand growth we see in both these spaces. SON's new paper plant opened in Nong Yai, Thailand, serving the growing Asian snack market and increasing volumes by 6% in the region. We believe this volume growth should increase throughout 2026 as the region remains a bright spot in terms of volume this year.

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Research

Research Alert: CFRA Keeps Hold Opinion On Shares Of Sonoco Products Co.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We decrease our 12-month target by $4 to $54 on an EV/EBITDA of 7.9x our 2026 EBITDA estimate, a discount to SON's three-year average of 8.0x. We decrease our 2026 EPS view by $0.07 to $5.90 and decrease 2027 by $0.08 to $6.50. We see an increased risk of guidance being lowered in Q2 following the near-miss this quarter and have lowered our EPS forecast accordingly. SON made a $20M investment in automated wood reel production to meet increased demand from wire and cable industry related to data center and power infrastructure build-outs. We believe this will have a strong ROI given the long-term demand growth we see in both these spaces. SON's new paper plant opened in Nong Yai, Thailand, serving the growing Asian snack market and increasing volumes by 6% in the region. We believe this volume growth should increase throughout 2026 as the region remains a bright spot in terms of volume this year.

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Research

Research Alert: Sonoco Products Co Q1: Revenue Below Consensus, Margins Down Y/y

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:SON's Q1 2026 results highlight persistent operational challenges, with net sales of $1.676B declining 1.9% Y/Y and missing consensus by $33M, primarily due to the November 2025 ThermoSafe divestiture. Adjusted EPS of $1.20 fell 13.0% from $1.38 in the prior year, though meeting consensus estimates, while GAAP improvements reflected favorable tax adjustments and divestiture impacts rather than underlying operational strength. The transformed portfolio continues facing headwinds despite management's strategic repositioning efforts. The significant adjusted metrics decline contrasts with GAAP improvements, suggesting the operational challenges may persist as the company navigates its post-divestiture structure. We believe the weak adjusted performance underscores concerns about the company's ability to generate sustainable growth from its current portfolio mix, particularly given the revenue shortfall relative to expectations.

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Wire

Sonoco Products Raises Quarterly Dividend to $0.54 From $0.53, Payable June 10 to Holders of Record May 8

Sonoco Products Raises Quarterly Dividend to $0.54 From $0.53, Payable June 10 to Holders of Record May 8

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