William Blair Brokers Cut Earnings Estimates for Sealed Air

Sealed Air Corporation (NYSE:SEE - Free Report) - Equities researchers at William Blair dropped their FY2025 EPS estimates for shares of Sealed Air in a note issued to investors on Wednesday, June 18th. William Blair analyst R. Sparenblek now forecasts that the industrial products company will earn $3.18 per share for the year, down from their prior forecast of $3.20. The consensus estimate for Sealed Air's current full-year earnings is $3.05 per share. William Blair also issued estimates for Sealed Air's FY2026 earnings at $3.21 EPS.

Sealed Air (NYSE:SEE - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The industrial products company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.67 by $0.14. The company had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.27 billion. Sealed Air had a net margin of 5.55% and a return on equity of 65.49%. Sealed Air's revenue for the quarter was down 4.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.78 EPS.

SEE has been the topic of several other research reports. Truist Financial lowered their price objective on shares of Sealed Air from $44.00 to $33.00 and set a "buy" rating on the stock in a research note on Tuesday, April 22nd. Wall Street Zen raised shares of Sealed Air from a "hold" rating to a "buy" rating in a research note on Friday, June 6th. Wells Fargo & Company lifted their target price on Sealed Air from $42.00 to $43.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 26th. UBS Group upgraded Sealed Air from a "neutral" rating to a "buy" rating and set a $38.00 target price for the company in a research report on Monday, April 7th. Finally, Mizuho decreased their target price on Sealed Air from $39.00 to $32.00 and set an "outperform" rating for the company in a research report on Tuesday, April 15th. Four equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $38.00.

Sealed Air Stock Performance

Shares of NYSE SEE traded up $0.46 during trading on Monday, reaching $31.40. 1,438,260 shares of the company traded hands, compared to its average volume of 1,543,405. The firm has a 50 day simple moving average of $30.59 and a 200-day simple moving average of $31.59. The company has a quick ratio of 0.76, a current ratio of 1.26 and a debt-to-equity ratio of 5.26. The stock has a market capitalization of $4.62 billion, a PE ratio of 15.54, a P/E/G ratio of 2.82 and a beta of 1.37. Sealed Air has a 52-week low of $22.78 and a 52-week high of $38.85.

Sealed Air Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Friday, June 13th will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 2.55%. The ex-dividend date of this dividend is Friday, June 13th. Sealed Air's dividend payout ratio (DPR) is presently 39.60%.

Institutional Investors Weigh In On Sealed Air

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Arizona State Retirement System increased its position in Sealed Air by 0.8% during the fourth quarter. Arizona State Retirement System now owns 42,277 shares of the industrial products company's stock worth $1,430,000 after buying an additional 348 shares during the period. Horizon Kinetics Asset Management LLC increased its position in Sealed Air by 0.8% during the fourth quarter. Horizon Kinetics Asset Management LLC now owns 43,450 shares of the industrial products company's stock worth $1,470,000 after buying an additional 350 shares during the period. Metis Global Partners LLC increased its position in Sealed Air by 4.3% during the fourth quarter. Metis Global Partners LLC now owns 9,039 shares of the industrial products company's stock worth $306,000 after buying an additional 375 shares during the period. Truist Financial Corp increased its position in Sealed Air by 3.3% during the fourth quarter. Truist Financial Corp now owns 11,794 shares of the industrial products company's stock worth $399,000 after buying an additional 377 shares during the period. Finally, Treasurer of the State of North Carolina increased its position in Sealed Air by 0.6% during the fourth quarter. Treasurer of the State of North Carolina now owns 63,960 shares of the industrial products company's stock worth $2,164,000 after buying an additional 400 shares during the period. Institutional investors and hedge funds 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.