Sealed Air Co. (NYSE:SEE – Free Report) – Equities research analysts at Zacks Research boosted their Q2 2026 earnings per share (EPS) estimates for Sealed Air in a report issued on Tuesday, March 11th. Zacks Research analyst R. Department now forecasts that the industrial products company will post earnings of $0.80 per share for the quarter, up from their prior forecast of $0.79. The consensus estimate for Sealed Air’s current full-year earnings is $3.05 per share.
A number of other analysts have also issued reports on SEE. Morgan Stanley lowered their price target on Sealed Air from $39.00 to $38.00 and set an “equal weight” rating on the stock in a research note on Monday, January 13th. Truist Financial boosted their price objective on Sealed Air from $41.00 to $44.00 and gave the stock a “buy” rating in a research note on Monday, January 6th. Citigroup lowered their price objective on Sealed Air from $44.00 to $42.00 and set a “buy” rating on the stock in a research note on Monday, January 6th. Mizuho lowered their price objective on Sealed Air from $45.00 to $42.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 7th. Finally, Wells Fargo & Company boosted their price objective on Sealed Air from $42.00 to $43.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 26th. Six research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Sealed Air has an average rating of “Moderate Buy” and a consensus target price of $40.25.
Sealed Air Stock Performance
Shares of NYSE:SEE opened at $29.85 on Friday. The company has a debt-to-equity ratio of 5.62, a current ratio of 1.29 and a quick ratio of 0.79. The business’s 50 day moving average price is $33.53 and its 200-day moving average price is $34.70. The firm has a market capitalization of $4.35 billion, a PE ratio of 10.97 and a beta of 1.32. Sealed Air has a 1 year low of $29.33 and a 1 year high of $41.14.
Sealed Air (NYSE:SEE – Get Free Report) last issued its quarterly earnings results on Tuesday, February 25th. The industrial products company reported $0.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.08. The firm had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.36 billion. Sealed Air had a return on equity of 74.21% and a net margin of 7.34%. The business’s revenue was down .4% on a year-over-year basis. During the same period in the previous year, the company posted $0.88 earnings per share.
Institutional Investors Weigh In On Sealed Air
Several institutional investors and hedge funds have recently modified their holdings of SEE. Assetmark Inc. raised its holdings in shares of Sealed Air by 1.8% in the 3rd quarter. Assetmark Inc. now owns 55,570 shares of the industrial products company’s stock valued at $2,017,000 after buying an additional 961 shares during the period. State of New Jersey Common Pension Fund D raised its holdings in shares of Sealed Air by 10.2% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 56,755 shares of the industrial products company’s stock valued at $2,060,000 after buying an additional 5,231 shares during the period. Entropy Technologies LP purchased a new stake in shares of Sealed Air in the 3rd quarter valued at $433,000. KBC Group NV raised its holdings in shares of Sealed Air by 20.1% in the 3rd quarter. KBC Group NV now owns 4,595 shares of the industrial products company’s stock valued at $167,000 after buying an additional 769 shares during the period. Finally, Metis Global Partners LLC raised its holdings in shares of Sealed Air by 38.8% in the 3rd quarter. Metis Global Partners LLC now owns 8,664 shares of the industrial products company’s stock valued at $315,000 after buying an additional 2,420 shares during the period. Hedge funds and other institutional investors own 94.40% of the company’s stock.
Insider Buying and Selling at Sealed Air
In other news, Director Henry R. Keizer acquired 1,120 shares of the business’s stock in a transaction that occurred on Tuesday, March 11th. The shares were purchased at an average price of $30.00 per share, for a total transaction of $33,600.00. Following the acquisition, the director now owns 35,000 shares of the company’s stock, valued at $1,050,000. This represents a 3.31 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.30% of the company’s stock.
Sealed Air Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be given a $0.20 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.80 dividend on an annualized basis and a yield of 2.68%. Sealed Air’s dividend payout ratio is currently 44.20%.
About Sealed Air
Sealed Air Corporation provides packaging solutions in the Americas, Europe, the Middle East, Africa, Asia, Australia, and New Zealand. It operates through two segments, Food and Protective. The Food segment offers integrated packaging materials and automation equipment solutions to provide food safety, shelf life extension, reduce food waste, automate processes, and optimize total cost for food processors in the fresh red meat, smoked and processed meats, poultry, seafood, plant-based, fluids and liquids and cheese markets under the CRYOVAC, CRYOVAC Grip & Tear, CRYOVAC Darfresh, LIQUIBOX, Simple Steps, and Optidure brands.
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