147,802 Shares in Sonoco Products Company $SON Purchased by Legal & General Group Plc

Posted by on Sep 2nd, 2026

Legal & General Group Plc purchased a new stake in shares of Sonoco Products Company (NYSE:SON – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 147,802 shares of the industrial products company’s stock, valued at approximately $8,329,000. Legal & General Group Plc owned 0.15% of Sonoco Products as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. SBI Securities Co. Ltd. raised its position in Sonoco Products by 77.7% in the fourth quarter. SBI Securities Co. Ltd. now owns 590 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 258 shares during the period. WPG Advisers LLC grew its position in shares of Sonoco Products by 93.1% during the 1st quarter. WPG Advisers LLC now owns 612 shares of the industrial products company’s stock valued at $33,000 after acquiring an additional 295 shares during the period. LRI Investments LLC purchased a new stake in shares of Sonoco Products during the 4th quarter worth approximately $29,000. Larson Financial Group LLC increased its stake in shares of Sonoco Products by 1,826.9% during the 3rd quarter. Larson Financial Group LLC now owns 1,002 shares of the industrial products company’s stock worth $43,000 after purchasing an additional 950 shares during the last quarter. Finally, Cullen Frost Bankers Inc. bought a new stake in shares of Sonoco Products in the 4th quarter worth approximately $47,000. Hedge funds and other institutional investors own 77.69% of the company’s stock.

Sonoco Products Stock Down 1.8%

SON opened at $54.14 on Wednesday. Sonoco Products Company has a 12 month low of $38.65 and a 12 month high of $60.67. The company has a market cap of $5.35 billion, a PE ratio of 8.61, a price-to-earnings-growth ratio of 1.17 and a beta of 0.36. The company has a current ratio of 0.99, a quick ratio of 0.55 and a debt-to-equity ratio of 0.97. The company has a 50 day moving average of $56.65 and a 200 day moving average of $53.74.

Sonoco Products (NYSE:SON – Get Free Report) last issued its earnings results on Wednesday, July 22nd. The industrial products company reported $1.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.47 by $0.04. The business had revenue of $1.89 billion for the quarter, compared to analysts’ expectations of $1.88 billion. Sonoco Products had a net margin of 8.41% and a return on equity of 16.50%. The business’s revenue for the quarter was down 1.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.37 EPS. Sonoco Products has set its FY 2026 guidance at 5.800-6.200 EPS. On average, sell-side analysts expect that Sonoco Products Company will post 5.8 EPS for the current year.

Sonoco Products Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 10th will be paid a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date is Monday, August 10th. Sonoco Products’s payout ratio is presently 34.34%.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Bank of America upped their price objective on Sonoco Products from $65.00 to $69.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. Truist Financial boosted their target price on Sonoco Products from $64.00 to $68.00 and gave the company a “buy” rating in a research note on Friday, July 24th. Citigroup upped their price target on Sonoco Products from $63.00 to $66.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. Finally, Weiss Ratings upgraded Sonoco Products from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, August 26th. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $61.78.

Get Our Latest Report on Sonoco Products

Sonoco Products Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Sonoco Products (NYSE:SON)

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