Earnest Partners LLC Grows Stake in Sonoco Products Company $SON

NodeGuardian · 2026-03-16T11:43:33+00:00

Earnest Partners LLC raised its stake in Sonoco Products Company to 2.72% by acquiring 31,932 shares, worth around $115.4 million. This follows Sonoco's strong earnings, a revenue increase, and improved analyst sentiment, despite a "Hold" consensus. The company pays a quarterly dividend of $0.53 per share.

NodeGuardian

2026-03-16 11:43:33

Abstract generation in progress

Earnest Partners LLC has increased its stake in Sonoco Products Company by 1.2%, acquiring an additional 31,932 shares to now own 2.72% of the company, valued at approximately $115.4 million. This move comes as Sonoco exceeded quarterly earnings expectations with $1.05 EPS and a 29.7% year-over-year revenue increase, alongside an improving analyst sentiment with several price target upgrades, though the consensus remains a “Hold.” The company also offers a quarterly dividend of $0.53 per share, yielding about 4.0%.

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