Sonoco Products Ownership
| SON Stock | USD 51.31 0.33 0.64% |
Shares in Circulation | First Issued 1985-09-30 | Previous Quarter 99.2 M | Current Value 99.3 M | Avarage Shares Outstanding 100 M | Quarterly Volatility 3.4 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Sonoco |
Sonoco Stock Ownership Analysis
About 81.0% of the company shares are owned by institutional investors. The book value of Sonoco Products was at this time reported as 25.23. The company has Price/Earnings To Growth (PEG) ratio of 1.23. Sonoco Products last dividend was issued on the 8th of November 2024. The entity had 11:10 split on the 13th of May 1998. Sonoco Products Company, together with its subsidiaries, manufactures and sells industrial and consumer packaging products in North and South America, Europe, Australia, and Asia. Sonoco Products Company was founded in 1899 and is headquartered in Hartsville, South Carolina. Sonoco Products operates under Packaging Containers classification in the United States and is traded on New York Stock Exchange. It employs 22000 people. To find out more about Sonoco Products contact the company at 843 383 7000 or learn more at https://www.sonoco.com.Besides selling stocks to institutional investors, Sonoco Products also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Sonoco Products' stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Sonoco Products' strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Sonoco Products Quarterly Liabilities And Stockholders Equity |
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Sonoco Products Insider Trades History
Less than 1% of Sonoco Products are currently held by insiders. Unlike Sonoco Products' institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Sonoco Products' private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Sonoco Products' insider trades
Sonoco Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Sonoco Products is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Sonoco Products backward and forwards among themselves. Sonoco Products' institutional investor refers to the entity that pools money to purchase Sonoco Products' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Sei Investments Co | 2024-06-30 | 1.5 M | First Trust Advisors L.p. | 2024-06-30 | 1.4 M | Norges Bank | 2024-06-30 | 1.4 M | Amvescap Plc. | 2024-06-30 | 1.4 M | Victory Capital Management Inc. | 2024-09-30 | 1.3 M | Bank Of New York Mellon Corp | 2024-06-30 | 1.2 M | Charles Schwab Investment Management Inc | 2024-09-30 | 1 M | Brown Advisory Holdings Inc | 2024-09-30 | 1 M | Deprince Race & Zollo Inc | 2024-09-30 | 829.2 K | Vanguard Group Inc | 2024-09-30 | 11 M | Blackrock Inc | 2024-06-30 | 10.9 M |
Sonoco Products Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Sonoco Products insiders, such as employees or executives, is commonly permitted as long as it does not rely on Sonoco Products' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Sonoco Products insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Coker R. Howard over a month ago Acquisition by Coker R. Howard of 637 shares of Sonoco Products subject to Rule 16b-3 | ||
Coker R. Howard over a month ago Acquisition by Coker R. Howard of 637 shares of Sonoco Products subject to Rule 16b-3 | ||
Robert Dillard over a month ago Disposition of tradable shares by Robert Dillard of Sonoco Products subject to Rule 16b-3 | ||
Adam Wood over six months ago Acquisition by Adam Wood of 122 shares of Sonoco Products subject to Rule 16b-3 | ||
Adam Wood over a year ago Acquisition by Adam Wood of 120 shares of Sonoco Products subject to Rule 16b-3 | ||
Adam Wood over a year ago Acquisition by Adam Wood of 103 shares of Sonoco Products subject to Rule 16b-3 |
Sonoco Products Outstanding Bonds
Sonoco Products issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Sonoco Products uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Sonoco bonds can be classified according to their maturity, which is the date when Sonoco Products has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| US835495AL63 Corp BondUS835495AL63 | View | |
| SON 18 01 FEB 25 Corp BondUS835495AM47 | View | |
| SON 225 01 FEB 27 Corp BondUS835495AN20 | View | |
| US835495AJ18 Corp BondUS835495AJ18 | View | |
| US83545GBD34 Corp BondUS83545GBD34 | View | |
| US83545GBE17 Corp BondUS83545GBE17 | View |
Sonoco Products Corporate Filings
F4 | 5th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 1st of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 31st of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 18th of September 2024 Prospectus used primarily for registering securities for public sale. | ViewVerify |
Pair Trading with Sonoco Products
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sonoco Products position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sonoco Products will appreciate offsetting losses from the drop in the long position's value.Moving together with Sonoco Stock
Moving against Sonoco Stock
| 0.83 | PKG | Packaging Corp Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.79 | IP | International Paper | PairCorr |
| 0.75 | KRT | Karat Packaging | PairCorr |
| 0.71 | DRVN | Driven Brands Holdings | PairCorr |
| 0.7 | BERY | Berry Global Group | PairCorr |
The ability to find closely correlated positions to Sonoco Products could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sonoco Products when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sonoco Products - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sonoco Products to buy it.
The correlation of Sonoco Products is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sonoco Products moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sonoco Products moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sonoco Products can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonoco Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Sonoco Stock, please use our How to Invest in Sonoco Products guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Paper & Plastic Packaging Products & Materials space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sonoco Products. If investors know Sonoco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sonoco Products listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.61) | Dividend Share 2.06 | Earnings Share 2.91 | Revenue Per Share 66.695 | Quarterly Revenue Growth (0.02) |
The market value of Sonoco Products is measured differently than its book value, which is the value of Sonoco that is recorded on the company's balance sheet. Investors also form their own opinion of Sonoco Products' value that differs from its market value or its book value, called intrinsic value, which is Sonoco Products' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sonoco Products' market value can be influenced by many factors that don't directly affect Sonoco Products' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sonoco Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonoco Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonoco Products' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.