Sonoco Products Company is a global designer, developer, and manufacturer of a variety of highly engineered and sustainable packaging serving multiple end markets. Its segments include Consumer Packaging and Industrial Paper Packaging. Products within the Consumer Packaging segment consist of rigid packaging (paper, metal, and plastic), primarily serving the consumer staples market focused on food, beverage, household, personal, and pharmaceutical products. Its rigid paper containers are manufactured from 100% recycled paperboard provided primarily from Sonoco global paper operations. These paper products are primarily used in the food and beverage markets. Products within the Industrial Paper Packaging segment consist primarily of goods produced from recycled fiber including paperboard tubes, cores, cones and cans; partitions; paper-based protective materials, and uncoated recycled paperboard for high-end applications such as folding cartons, can board, and laminated structures.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 38.18% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 7.52B.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 301.73%.
Undervalued
The company’s latest PB is 1.40, at a low 3-year percentile range.
Institutional Buying
The latest institutional holdings are 97.27M shares, increasing 9.43% quarter-over-quarter.
Held by Bill Nygren | OAKMX
Star Investor Bill Nygren | OAKMX holds 737.55K shares of this stock.