Zacks Research Estimates Sealed Air’s Q2 Earnings (NYSE:SEE)

Sealed Air Co. (NYSE:SEE) – Research analysts at Zacks Research upped their Q2 2026 earnings estimates for Sealed Air in a note issued to investors 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 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 announced its earnings results on Tuesday, February 25th. The industrial products company reported $0.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.67 by $0.08. Sealed Air had a net margin of 7.34% and a return on equity of 74.21%. The company had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.36 billion. During the same period in the previous year, the firm posted $0.88 earnings per share. The company’s revenue was down .4% on a year-over-year basis.

Several other equities research analysts have also recently commented on the stock. StockNews.com upgraded shares of Sealed Air from a “hold” rating to a “buy” rating in a research report on Wednesday, February 19th. Morgan Stanley lowered their price target on shares of Sealed Air from $39.00 to $38.00 and set an “equal weight” rating for the company in a research report on Monday, January 13th. Mizuho lowered their price target on shares of Sealed Air from $45.00 to $42.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. UBS Group boosted their price objective on shares of Sealed Air from $37.00 to $38.00 and gave the company a “neutral” rating in a report on Wednesday, February 26th. Finally, Jefferies Financial Group set a $36.00 price objective on shares of Sealed Air in a report on Tuesday, March 4th. Six investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Sealed Air currently has an average rating of “Moderate Buy” and a consensus price target of $40.25.

Sealed Air Stock Up 1.0 %

Shares of NYSE:SEE opened at $29.85 on Friday. Sealed Air has a one year low of $29.33 and a one year high of $41.14. The company has a 50 day moving average of $33.53 and a 200-day moving average of $34.71. 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 stock has a market cap of $4.35 billion, a price-to-earnings ratio of 10.97 and a beta of 1.32.

Sealed Air Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 2.68%. The ex-dividend date is Friday, March 14th. Sealed Air’s payout ratio is currently 44.20%.

Insider Buying and Selling at Sealed Air

In other Sealed Air news, Director Henry R. Keizer acquired 1,120 shares of the business’s stock in a transaction dated Tuesday, March 11th. The shares were acquired at an average price of $30.00 per share, with a total value of $33,600.00. Following the completion of the transaction, the director now directly owns 35,000 shares in the company, valued at $1,050,000. This trade represents a 3.31 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.30% of the company’s stock.

Institutional Trading of Sealed Air

A number of institutional investors have recently made changes to their positions in the business. QSM Asset Management Ltd bought a new stake in shares of Sealed Air in the fourth quarter worth $5,565,000. Mackenzie Financial Corp bought a new stake in Sealed Air during the fourth quarter worth $231,000. Castlekeep Investment Advisors LLC bought a new stake in Sealed Air during the fourth quarter worth $372,000. PharVision Advisers LLC bought a new stake in Sealed Air during the fourth quarter worth $301,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Sealed Air by 14.7% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 377,470 shares of the industrial products company’s stock worth $12,770,000 after acquiring an additional 48,483 shares in the last quarter. Institutional investors own 94.40% of the company’s stock.

Sealed Air Company Profile

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.