Sealed Air Corporation (NYSE:SEE) Short Interest Update

Key Points

• Sealed Air Corporation saw a significant increase in short interest in August, rising by 20.5% to 6.3 million shares, equating to approximately 4.3% of the company's shares sold short.
• Financial analysts have generally upgraded Sealed Air's stock ratings, with JPMorgan Chase raising its price target from $33.00 to $36.00 and a consensus target price now set at $38.55.
• The company recently reported earnings of $0.89 per share for the last quarter, exceeding expectations and projecting a full-year EPS of 3.05 for 2025.

Sealed Air Corporation (NYSE:SEE - Get Free Report) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 6,300,000 shares, a growth of 20.5% from the August 15th total of 5,230,000 shares. Based on an average trading volume of 1,360,000 shares, the days-to-cover ratio is presently 4.6 days. Approximately 4.3% of the company's shares are sold short. Approximately 4.3% of the company's shares are sold short. Based on an average trading volume of 1,360,000 shares, the days-to-cover ratio is presently 4.6 days.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Brighton Jones LLC bought a new position in Sealed Air in the fourth quarter valued at approximately $737,000. Deutsche Bank AG boosted its holdings in shares of Sealed Air by 1.2% in the 4th quarter. Deutsche Bank AG now owns 84,181 shares of the industrial products company's stock valued at $2,848,000 after buying an additional 1,034 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Sealed Air during the fourth quarter worth $27,000. State of Wyoming grew its position in shares of Sealed Air by 11.8% in the 4th quarter. State of Wyoming now owns 8,900 shares of the industrial products company's stock valued at $301,000 after acquiring an additional 936 shares during the period. Finally, Squarepoint Ops LLC bought a new position in shares of Sealed Air in the 4th quarter valued at about $350,000. 94.40% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

SEE has been the topic of several analyst reports. JPMorgan Chase & Co. upgraded shares of Sealed Air from a "neutral" rating to an "overweight" rating and increased their target price for the stock from $33.00 to $36.00 in a report on Tuesday, September 9th. UBS Group raised their price objective on Sealed Air from $39.00 to $40.00 and gave the stock a "buy" rating in a research note on Wednesday, July 9th. Mizuho lifted their target price on Sealed Air from $34.00 to $37.00 and gave the stock an "outperformer" rating in a report on Tuesday, July 15th. Raymond James Financial reissued a "strong-buy" rating on shares of Sealed Air in a research note on Tuesday, July 15th. Finally, Wall Street Zen raised Sealed Air from a "hold" rating to a "buy" rating in a research report on Saturday, August 9th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $38.55.

Sealed Air Stock Up 1.9%

Shares of NYSE SEE traded up $0.63 during midday trading on Thursday, reaching $34.40. The company's stock had a trading volume of 1,716,733 shares, compared to its average volume of 1,268,202. The stock has a 50 day simple moving average of $31.49 and a 200-day simple moving average of $30.47. The company has a current ratio of 1.19, a quick ratio of 0.71 and a debt-to-equity ratio of 4.18. The stock has a market capitalization of $5.06 billion, a price-to-earnings ratio of 17.37, a PEG ratio of 2.63 and a beta of 1.33. Sealed Air has a fifty-two week low of $22.78 and a fifty-two week high of $38.85.

Sealed Air (NYSE:SEE - Get Free Report) last released its earnings results on Tuesday, August 5th. The industrial products company reported $0.89 earnings per share for the quarter, beating analysts' consensus estimates of $0.72 by $0.17. Sealed Air had a net margin of 5.46% and a return on equity of 60.61%. The business had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter last year, the firm earned $0.83 earnings per share. The firm's revenue for the quarter was down .7% compared to the same quarter last year. Sealed Air has set its FY 2025 guidance at 2.900-3.300 EPS. Equities research analysts predict that Sealed Air will post 3.05 earnings per share for the current year.

Sealed Air Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 26th. Investors of record on Friday, September 12th will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 2.3%. The ex-dividend date is Friday, September 12th. Sealed Air's dividend payout ratio is presently 40.40%.

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.

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