Wells Fargo keeps Hold on Sonoco Products stock at USD 56 target
Published on 10/08/2026 at 20:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Wells Fargo maintained a Hold rating and a USD 56.00 price target for Sonoco Products on October 7, 2026.
- Adjusted earnings per share reached USD 1.51 in the second quarter of 2026 versus USD 1.37 a year earlier.
- Sonoco Products stock was at EUR 43.11 at Lang & Schwarz on October 8, 2026, plus 1.10 percent versus EUR 42.64.
- Sonoco Products is scheduled to report third-quarter 2026 results on October 21, 2026.
Sonoco Products (ISIN US8354951027) was kept at Hold by Wells Fargo on October 7, 2026, with a USD 56.00 price target, according to Markets Insider. The stock was trading at EUR 43.11 in after-hours trading at Lang & Schwarz on October 8, 2026, giving investors a market price alongside a cautious analyst stance.
Three dated signals shape SON
On July 23, 2026, Sonoco reported second-quarter adjusted earnings per share of USD 1.51, up from USD 1.37 a year earlier, in the Yahoo Finance transcript. On October 6, 2026, BofA cut its target from USD 60.00 to USD 56.00 while keeping a Neutral rating, as Markets Insider reported. On October 7, 2026, Wells Fargo maintained Hold with a USD 56.00 target, according to Markets Insider.
What does the earnings trend mean?
The second-quarter numbers show earnings improvement despite softer sales. Yahoo Finance reported adjusted earnings per share of USD 1.51 versus USD 1.37 in the second quarter of 2025, while net sales reached USD 1.90 billion, down 1.00 percent year over year. Operating cash flow rose to USD 301.00 million, up 56.00 percent from the prior-year quarter.
The operating picture was mixed across the portfolio. Industrial sales increased 4.00 percent year over year to USD 643.00 million, while consumer sales rose 1.00 percent to USD 1.24 billion, according to the same dated earnings-call transcript. The contrast explains why analysts can acknowledge earnings progress while retaining neutral or Hold ratings.
The next reporting date is October 21
Sonoco Products is scheduled to report third-quarter 2026 results on October 21, 2026, according to MarketBeat. The published consensus cited by MarketBeat calls for USD 1.88 of earnings per share and USD 2.10 billion of revenue for the quarter.
Stock price and valuation
Sonoco Products stock was trading at EUR 43.11 at Lang & Schwarz on October 8, 2026 at 8:33 p.m. CEST, plus 1.10 percent versus the Lang & Schwarz prior close of EUR 42.64 on October 7, 2026. The primary listing is on the New York Stock Exchange, where the finance quote showed USD 48.34 on October 8, 2026, with a 52-week range of USD 38.65 to USD 60.67 and market capitalization of USD 4.8 billion.
The further course of trading is shown by the continuously updated real-time quote of Sonoco Products stock.
Sonoco Products stock facts
- Company: Sonoco Products Company
- ISIN: US8354951027
- Ticker: SON
- Primary exchange: New York Stock Exchange
- Price Lang & Schwarz as of October 8, 2026 at 8:33 p.m. CEST: EUR 43.11
- Change versus prior close: plus 1.10 percent
- Prior close Lang & Schwarz October 7, 2026: EUR 42.64
- Market capitalization: USD 4.8 billion as of October 8, 2026
- 52-week range: USD 38.65-USD 60.67 as of October 8, 2026
- Sector / Industry: Consumer Cyclical / Packaging and Containers
- Index membership: S&P 500
- Next earnings date: October 21, 2026
Market context: Market report S&P 500.
