Founded in 1899, Sonoco is a global provider of a variety of consumer packaging, industrial products, protective packaging, and displays and packaging supply chain services. With annualized net sales of approximately $5.4 billion, the Company has 23,000 employees working in approximately 300 operations in 36 countries, serving some of the world’s best known brands in some 85 nations. Sonoco is committed to creating sustainable products, services and programs for our customers, employees and communities that support its corporate purpose of Better Packaging. Better Life. The Company ranked first in the Packaging sector on Fortune’s World’s Most Admired Companies for 2020 as well as Barron’s 100 Most Sustainable Companies.

Company profile
Ticker
SON
Exchange
Website
CEO
Robert Coker
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Sonoco Consumer Products South Africa (PTY) Ltd. ...
IRS number
570248420
SON stock data
News
Sonoco Raises Q2 Base Net Income Per Share Guidance From $1.20-$1.30 To $1.60-$1.70 vs $1.27 Est.
22 Jun 22
JELD-WEN Taps Sonoco Executive Julie Albrecht As Finance Chief
21 Jun 22
Sonoco Picks Internal Candidate Rob Dillard As Finance Chief
15 Jun 22
Stocks That Hit 52-Week Lows On Wednesday
15 Jun 22
Sonoco Products Finance Chief To Depart In June
25 May 22
Press releases
Sonoco Raises Second-Quarter 2022 Financial Guidance
22 Jun 22
Sonoco Participates in European Recycling Trials That Show Digital Watermarking Yields Accurate Container Sortation Results
20 Jun 22
Hill Elected Lead Independent Director of Sonoco's Board of Directors
16 Jun 22
Sonoco Announces Transition of Chief Financial Officer
25 May 22
Kellogg's, Sustana, Sonoco Partner to Prove Recyclability of Paper Containers
16 May 22
Analyst ratings and price targets
Calendar
3 May 22
26 Jun 22
31 Dec 22
Financial summary
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 151.54M | 151.54M | 151.54M | 151.54M | 151.54M | 151.54M |
Cash burn (monthly) | 6.48M | 36.33M | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 17.97M | 100.74M | n/a | n/a | n/a | n/a |
Cash remaining | 133.57M | 50.8M | n/a | n/a | n/a | n/a |
Runway (months of cash) | 20.6 | 1.4 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Jun 22 | Dillard Robert R | RSU Common Stock | Grant | Acquire A | No | No | 0 | 10,941 | 0 | 10,941 |
10 Jun 22 | Albrecht Julie C | RSU Common Stock | Grant | Acquire A | No | No | 56.91 | 62 | 3.53K | 764.4 |
10 Jun 22 | Sean Cairns | RSU Common Stock | Grant | Acquire A | No | No | 56.91 | 13.9 | 791.05 | 13.9 |
10 Jun 22 | Coker R. Howard | RSU Common Stock | Grant | Acquire A | No | No | 56.91 | 516 | 29.37K | 9,493.1 |
10 Jun 22 | Davies Pamela Lewis | Phantom Stock Units Common Stock | Grant | Acquire A | No | No | 56.91 | 418.3 | 23.81K | 48,996.3 |
Institutional ownership, Q1 2022
85.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 410 |
Opened positions | 56 |
Closed positions | 58 |
Increased positions | 136 |
Reduced positions | 141 |
13F shares | Current |
---|---|
Total value | 5.34B |
Total shares | 83.09M |
Total puts | 62.8K |
Total calls | 50.9K |
Total put/call ratio | 1.2 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 10.99M | $687.63M |
Vanguard | 10.58M | $662.12M |
STT State Street | 8.24M | $515.55M |
American Century Investment Management | 7.02M | $406.14M |
American Century Companies | 5.55M | $347.28M |
RY Royal Bank Of Canada | 2.41M | $151.06M |
BAC Bank Of America | 2.1M | $131.5M |
Victory Capital Management | 1.95M | $121.9M |
Dimensional Fund Advisors | 1.8M | $112.91M |
Geode Capital Management | 1.35M | $84.28M |
Financial report summary
?Management Discussion
- Statements included in this Quarterly Report on Form 10-Q that are not historical in nature are intended to be, and are hereby identified as, “forward-looking statements” for purposes of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended. In addition, the Company and its representatives may from time to time make other oral or written statements that are also “forward-looking statements.” Words such as "anticipate," "assume," "believe," "can," "committed," "commitment," "consider," "could," “estimate,” "expect," "forecast," "future," "goal," "guidance," “intend,” "may," "might," "objective," "opportunity," "outlook," “plan,” "potential," "project," “strategy,” “target,” “will,” “would,” or the negative thereof, and similar expressions identify forward-looking statements. Forward-looking statements in this Annual Report on Form 10-K include, but are not limited to, statements regarding:
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
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Readability |
H.S. freshman Avg
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New words:
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Removed:
activated, adjust, adversely, annuity, appliance, August, authority, automotive, behavior, Brazil, Brexit, buy, called, check, choose, cleaning, clearance, Codification, commenced, continental, contingency, continuity, convenience, convert, converted, Cooperation, corrugated, criteria, critical, deficiency, Department, depend, designer, differential, discontinued, Disease, disposed, dispute, disruption, distancing, diverse, Division, downstream, eating, effectively, essential, European, evaluated, exceeding, exited, expansion, expiration, extended, face, Florida, flu, Force, freeze, froze, generation, Habsheim, heat, hired, home, Homeland, hourly, importing, incentive, Infrastructure, initiated, involved, IRS, Jacksonville, low, machine, manufacturer, maximum, mentioned, mixed, monitoring, moving, negotiated, NOPA, notably, noted, notice, offer, opening, operation, optimize, Organization, pharmaceutical, premium, pretax, Prevention, priority, privately, proactively, prohibiting, proposed, proposing, protest, reached, realigned, realignment, rebound, recast, recession, reflect, remote, replace, resin, response, reverse, routine, safety, salaried, sealing, sequential, served, serving, shift, show, simplify, solid, statute, storage, stronger, subsumed, subtopic, suspended, Task, tender, tendered, terminated, ThermoSafe, thousand, top, transform, transport, travel, true, TuboTec, unchanged, union, utilizing, vaccine
Financial reports
Current reports
8-K
Sonoco Raises Second-Quarter 2022 Financial Guidance
22 Jun 22
8-K
Hill Elected Lead Independent Director of Sonoco’s Board of Directors
16 Jun 22
8-K
Departure of Directors or Certain Officers
15 Jun 22
8-K
Sonoco Announces Transition of Chief Financial Officer
25 May 22
8-K
Material Modifications to Rights of Security Holders
22 Apr 22
8-K
Sonoco Reports Record First Quarter 2022 Results
21 Apr 22
8-K/A
Financial Statements and Exhibits
8 Apr 22
8-K
Sonoco Raises First-Quarter 2022 Financial Guidance
22 Mar 22
8-K
Regulation FD Disclosure
15 Mar 22
8-K
Sonoco Announces Changes to Board of Directors
15 Feb 22
Registration and prospectus
424B2
Prospectus for primary offering
12 Jan 22
FWP
Free writing prospectus
11 Jan 22
424B5
Prospectus supplement for primary offering
11 Jan 22
S-8 POS
Registration of securities for employees (post-effective amendment)
20 Jul 21
S-8 POS
Registration of securities for employees (post-effective amendment)
20 Jul 21
8-A12B/A
Registration of securities on exchange (amended)
15 Jun 20
424B2
Prospectus for primary offering
21 Apr 20
FWP
Free writing prospectus
20 Apr 20
424B5
Prospectus supplement for primary offering
20 Apr 20
S-3ASR
Automatic shelf registration
1 Aug 19
Other
SD
Conflict minerals disclosure
20 May 22
SD
Conflict minerals disclosure
7 May 21
SD
Conflict minerals disclosure
11 May 20
SD
Conflict minerals disclosure
29 May 19
SD
Conflict minerals disclosure
21 May 18
SD
Conflict minerals disclosure
29 May 17
SD
Conflict minerals disclosure
22 May 16
NO ACT
No action letter
12 Jan 16
UPLOAD
Letter from SEC
8 Sep 15
UPLOAD
Letter from SEC
25 Aug 15
Ownership
11-K
Annual report of employee stock purchases
24 Jun 22
4
SONOCO PRODUCTS / Robert R Dillard ownership change
17 Jun 22
4
SONOCO PRODUCTS / Adam Wood ownership change
13 Jun 22
4
SONOCO PRODUCTS / THOMAS E WHIDDON ownership change
13 Jun 22
4
SONOCO PRODUCTS / Jeffrey S Tomaszewski ownership change
13 Jun 22
4
SONOCO PRODUCTS / ROGER P SCHRUM ownership change
13 Jun 22
4
SONOCO PRODUCTS / MARC D OKEN ownership change
13 Jun 22
4
SONOCO PRODUCTS / SUNDARAM NAGARAJAN ownership change
13 Jun 22
4
SONOCO PRODUCTS / JAMES M MICALI ownership change
13 Jun 22
4
SONOCO PRODUCTS / BLYTHE J MCGARVIE ownership change
13 Jun 22
Transcripts
2022 Q1
Earnings call transcript
21 Apr 22
2021 Q4
Earnings call transcript
10 Feb 22
2021 Q3
Earnings call transcript
21 Oct 21
2021 Q2
Earnings call transcript
22 Jul 21
2021 Q1
Earnings call transcript
22 Apr 21
2020 Q4
Earnings call transcript
12 Feb 21
2020 Q3
Earnings call transcript
22 Oct 20
2020 Q2
Earnings call transcript
16 Jul 20
2020 Q1
Earnings call transcript
16 Apr 20
2019 Q4
Earnings call transcript
13 Feb 20