Sonoco will raise uncoated recycled paperboard prices by 60 Euro per ton in EMEA due to inflationary pressures.
Quiver AI Summary
Sonoco S.a.r.l., a subsidiary of Sonoco Products Company, announced a price increase of 60 Euro per ton for uncoated recycled paperboard (URB) grades in the EMEA region due to ongoing inflationary pressures and rising operational costs. This price adjustment will take effect for shipments made on or after September 15, 2026. Karsten Kemmerling, Division Vice President of Sales & Marketing, highlighted that geopolitical constraints and expected increases in energy and fuel costs necessitated this decision, as the company cannot absorb these rising expenses. Sonoco, founded in 1899, is a prominent player in sustainable packaging, generating $7.5 billion in net sales in 2025 and operating worldwide.
Potential Positives
- Sonoco is implementing a price increase for uncoated recycled paperboard, which reflects the company's proactive approach to managing rising operational costs due to inflation.
- The price adjustment is a direct response to geopolitical constraints and expected increases in energy and fuel costs, indicating the company's awareness of market dynamics.
- Sonoco's strong financial performance, with net sales of $7.5 billion in 2025, highlights the company's robust market position and ability to pass on cost increases to maintain profitability.
- Recognition from Fortune as one of the World’s Most Admired Companies and inclusion on USA TODAY’s list of America’s Climate Leaders underscores Sonoco's strong reputation in sustainability and corporate responsibility, enhancing brand value.
Potential Negatives
- The announced price increase of 60 Euro per ton for uncoated recycled paperboard (URB) may indicate underlying cost pressures that could affect the company’s competitiveness in the market.
- The statement regarding the inability to absorb additional costs suggests potential vulnerabilities in the company's financial health, which may concern investors.
FAQ
What is the price increase for uncoated recycled paperboard?
Sonoco will increase prices by 60 Euro per ton for uncoated recycled paperboard in the EMEA region.
When will the price increase take effect?
The new prices will apply to all shipments made on or after September 15, 2026.
What is driving the price increase for Sonoco’s products?
The price increase is due to inflationary pressures, rising energy and fuel costs, and geopolitical constraints.
How many plants does Sonoco operate in Europe?
Sonoco operates 19 tubes and core plants and five paperboard mills in Europe.
What are Sonoco’s financial highlights?
In 2025, Sonoco generated net sales of $7.5 billion and employs approximately 22,000 people globally.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SON Insider Trading Activity
$SON insiders have traded $SON stock on the open market 5 times in the past 6 months. Of those trades, 3 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $SON stock by insiders over the last 6 months:
- PAUL JOACHIMCZYK (CFO) purchased 8,058 shares for an estimated $399,998
- JAMES A. III HARRELL (Pres. Global Ind. Paper Pkg.) purchased 6,753 shares for an estimated $340,183
- R. HOWARD COKER (President & CEO) purchased 4,345 shares for an estimated $249,446
- ERNEST D III HAYNES (Pres. Consumer Pkg Americas) sold 1,581 shares for an estimated $89,152
- JOHN M FLORENCE (Gnl Council, Secy, VP) sold 261 shares for an estimated $15,284
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$SON Revenue
$SON had revenues of $1.9B in Q2 2026. This is a decrease of -1.31% from the same period in the prior year.
You can track SON financials on Quiver Quantitative's SON stock page.
You can access data on SON stock through the Quiver Quantitative API.
$SON Hedge Fund Activity
We have seen 255 institutional investors add shares of $SON stock to their portfolio, and 240 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- LSV ASSET MANAGEMENT added 2,561,528 shares (+122.8%) to their portfolio in Q2 2026, for an estimated $144,342,102
- EPOCH INVESTMENT PARTNERS, INC. added 1,170,817 shares (+inf%) to their portfolio in Q2 2026, for an estimated $65,975,537
- RUBRIC CAPITAL MANAGEMENT LP added 1,143,562 shares (+inf%) to their portfolio in Q2 2026, for an estimated $64,439,718
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 1,102,076 shares (+inf%) to their portfolio in Q2 2026, for an estimated $62,101,982
- FMR LLC added 1,050,983 shares (+110.6%) to their portfolio in Q2 2026, for an estimated $59,222,892
- DIMENSIONAL FUND ADVISORS LP added 929,422 shares (+23.6%) to their portfolio in Q2 2026, for an estimated $52,372,929
- INVESCO LTD. added 805,521 shares (+64.1%) to their portfolio in Q2 2026, for an estimated $45,391,108
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$SON Price Targets
Multiple analysts have issued price targets for $SON recently. We have seen 6 analysts offer price targets for $SON in the last 6 months, with a median target of $61.0.
Here are some recent targets:
- Anthony Pettinari from Citigroup set a target price of $66.0 on 07/09/2026
- Michael Roxland from Truist Securities set a target price of $65.0 on 04/28/2026
- Ghansham Panjabi from Baird set a target price of $55.0 on 04/23/2026
- Anojja Shah from UBS set a target price of $59.0 on 04/10/2026
- Hillary Cacanando from Deutsche Bank set a target price of $63.0 on 04/01/2026
- Gabe Hajde from Wells Fargo set a target price of $56.0 on 03/20/2026
Full Release
BRUSSELS, Aug. 25, 2026 (GLOBE NEWSWIRE) -- Sonoco S.a.r.l., a wholly owned unit of Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, announces it will increase prices by 60 Euro per ton for uncoated recycled paperboard (URB) grades sold by the Company in the EMEA region.
The increase is in direct response to the continued inflationary pressures on the business and will take effect for all shipments made on or after September 15, 2026.
“Geopolitical constraints and the continued inflationary business environment are driving cost increases across our operations and supply chain. Expected increases in energy and fuel costs are likely to further pressure our operating and transportation costs. As we are unable to absorb these additional costs, we are forced to pass them on to the market,” said Sonoco’s Karsten Kemmerling, Division Vice President, Sales & Marketing, Industrial Paper Packaging, EMEA.
Sonoco S.a.r.l. is wholly owned by Sonoco and operates 19 tubes and core plants and five paperboard mills in Europe.
About Sonoco
Founded in 1899, Sonoco (NYSE: SON) is a global leader in value-added, sustainable metal and paper consumer and industrial packaging. A Fortune 500 company, Sonoco generated net sales of $7.5 billion from continuing operations in 2025 and has approximately 22,000 employees working in 263 operations in 37 countries, serving some of the world’s best-known brands. Guided by our purpose of
Better Packaging. Better Life.,
we strive to foster a culture of innovation, collaboration and excellence to provide solutions that better serve all our stakeholders and support a more sustainable future. Sonoco was proudly named one of the World’s Most Admired Companies by Fortune in 2026 as well as one of America’s Most Admired and Responsible Companies by Fortune and Newsweek. In 2025, the Company was included on USA TODAY’s list of America’s Climate Leaders. For more information on the Company, visit our website at
www.sonoco.com
.
Contact: Roger Schrum
843-339-6018
[email protected]
This press release was published by a CLEAR® Verified individual.
