New insider activity at Sonoco Products ( (SON) ) has taken place on May 3, 2025.
In a notable series of transactions, President & CEO Howard Coker acquired 20,000 shares of Sonoco Products stock, valued at $823,400. Additionally, Director John R. Haley purchased 2,246 shares for $100,081, while Director Robert R. Hill invested in 5,475 shares, amounting to $220,821. These significant purchases by the company’s leadership underscore their confidence in Sonoco Products’ future performance.
Recent Updates on SON stock
Sonoco Products Company has reported a strong performance in its Q1 2025 earnings, with a 30.6% increase in net sales to $1.7 billion and a 38% rise in adjusted EBITDA to $338 million. The company’s strategic initiatives, including the integration of Eviosys and the sale of its Thermoformed and Flexibles Packaging business, have bolstered its financial position by reducing debt and enhancing its focus on core businesses. The Consumer Packaging segment experienced significant growth, driven by the Eviosys acquisition and favorable market conditions. However, challenges persist in the industrial segment due to slower volumes and adverse currency impacts. Analysts have adjusted Sonoco’s price targets due to concerns over tariffs and potential recession impacts on consumer demand, despite the company’s strong overall performance and strategic transformation efforts.
Spark’s Take on SON Stock
According to Spark, TipRanks’ AI Analyst, SON is a Neutral.
Sonoco Products exhibits strong financial growth and strategic initiatives such as debt reduction and leadership enhancement. However, high leverage, low profitability margins, and bearish technical indicators temper the outlook. The company’s valuation appears high, though its strong dividend yield offers some offsetting benefits.
To see Spark’s full report on SON stock, click here.
More about Sonoco Products
YTD Price Performance: -10.45%
Average Trading Volume: 904,270
Technical Sentiment Signal: Buy
Current Market Cap: $4.27B