Zacks Research Has Strong Outlook for Sealed Air Q2 Earnings

Sealed Air Co. (NYSE:SEE) – Equities research analysts at Zacks Research raised their Q2 2026 earnings per share estimates for shares of Sealed Air in a research report issued on Tuesday, March 11th. Zacks Research analyst R. Department now anticipates that the industrial products company will earn $0.80 per share for the quarter, up from their previous estimate of $0.79. The consensus estimate for Sealed Air’s current full-year earnings is $3.05 per share.

Sealed Air (NYSE:SEE) last released its quarterly earnings data on Tuesday, February 25th. The industrial products company reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.08. The business had revenue of $1.37 billion during the quarter, compared to analysts’ expectations of $1.36 billion. Sealed Air had a return on equity of 74.21% and a net margin of 7.34%. The business’s quarterly revenue was down .4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.88 EPS.

A number of other analysts have also recently issued reports on SEE. Mizuho decreased their target price on Sealed Air from $45.00 to $42.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. Bank of America decreased their target price on Sealed Air from $42.00 to $39.00 and set a “buy” rating for the company in a research report on Monday, January 6th. Wells Fargo & Company upped their target price on Sealed Air from $42.00 to $43.00 and gave the company an “overweight” rating in a research report on Wednesday, February 26th. Citigroup decreased their target price on Sealed Air from $44.00 to $42.00 and set a “buy” rating for the company in a research report on Monday, January 6th. Finally, UBS Group increased their price objective on Sealed Air from $37.00 to $38.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 26th. Six research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Sealed Air has an average rating of “Moderate Buy” and an average price target of $40.25.

Sealed Air Stock Up 1.0 %

Shares of NYSE SEE opened at $29.85 on Friday. The stock has a market cap of $4.35 billion, a PE ratio of 10.97 and a beta of 1.32. The company has a quick ratio of 0.79, a current ratio of 1.29 and a debt-to-equity ratio of 5.62. Sealed Air has a 52-week low of $29.33 and a 52-week high of $41.14. The business has a 50-day moving average price of $33.53 and a 200 day moving average price of $34.70.

Hedge Funds Weigh In On Sealed Air

Large investors have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of Sealed Air during the 4th quarter worth approximately $27,000. Manchester Capital Management LLC increased its stake in Sealed Air by 139.4% in the 4th quarter. Manchester Capital Management LLC now owns 1,202 shares of the industrial products company’s stock valued at $41,000 after purchasing an additional 700 shares in the last quarter. GAMMA Investing LLC increased its stake in Sealed Air by 218.0% in the 4th quarter. GAMMA Investing LLC now owns 1,323 shares of the industrial products company’s stock valued at $45,000 after purchasing an additional 907 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new position in Sealed Air in the 4th quarter valued at approximately $45,000. Finally, Smartleaf Asset Management LLC increased its stake in Sealed Air by 148.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,530 shares of the industrial products company’s stock valued at $51,000 after purchasing an additional 913 shares in the last quarter. 94.40% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Sealed Air

In other Sealed Air news, Director Henry R. Keizer bought 1,120 shares of the business’s stock in a transaction dated Tuesday, March 11th. The stock was acquired at an average cost of $30.00 per share, with a total value of $33,600.00. Following the purchase, the director now owns 35,000 shares in the company, valued at approximately $1,050,000. This represents a 3.31 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through 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. Stockholders of record on Friday, March 14th will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.68%. The ex-dividend date of this dividend is Friday, March 14th. Sealed Air’s dividend payout ratio (DPR) is 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.