Annis Gardner Whiting Capital Advisors LLC Increases Stock Position in Sealed Air Corporation $SEE

Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of Sealed Air Corporation (NYSE:SEE) by 170,047.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 32,328 shares of the industrial products company’s stock after purchasing an additional 32,309 shares during the quarter. Annis Gardner Whiting Capital Advisors LLC’s holdings in Sealed Air were worth $1,143,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the stock. Corient Private Wealth LLC raised its position in shares of Sealed Air by 3.9% during the 2nd quarter. Corient Private Wealth LLC now owns 11,432 shares of the industrial products company’s stock valued at $355,000 after buying an additional 431 shares in the last quarter. Public Employees Retirement System of Ohio raised its position in Sealed Air by 1.1% during the second quarter. Public Employees Retirement System of Ohio now owns 45,273 shares of the industrial products company’s stock valued at $1,405,000 after purchasing an additional 482 shares in the last quarter. Empowered Funds LLC lifted its stake in Sealed Air by 4.1% during the first quarter. Empowered Funds LLC now owns 12,560 shares of the industrial products company’s stock worth $363,000 after purchasing an additional 500 shares during the last quarter. Texas Permanent School Fund Corp lifted its stake in Sealed Air by 0.7% during the second quarter. Texas Permanent School Fund Corp now owns 67,852 shares of the industrial products company’s stock worth $2,105,000 after purchasing an additional 505 shares during the last quarter. Finally, Brighton Jones LLC boosted its holdings in shares of Sealed Air by 2.2% in the 2nd quarter. Brighton Jones LLC now owns 28,551 shares of the industrial products company’s stock worth $886,000 after purchasing an additional 626 shares in the last quarter. Institutional investors own 94.40% of the company’s stock.

Sealed Air Price Performance

SEE stock opened at $41.89 on Thursday. The stock has a market capitalization of $6.17 billion, a price-to-earnings ratio of 13.60 and a beta of 1.36. The firm’s 50-day moving average price is $41.87 and its two-hundred day moving average price is $36.43. The company has a current ratio of 1.29, a quick ratio of 0.75 and a debt-to-equity ratio of 3.34. Sealed Air Corporation has a 12-month low of $22.78 and a 12-month high of $44.27.

Sealed Air (NYSE:SEE) last posted its earnings results on Tuesday, November 4th. The industrial products company reported $0.87 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.19. Sealed Air had a net margin of 8.52% and a return on equity of 54.90%. The company had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.31 billion. Sealed Air has set its FY 2025 guidance at 3.250-3.350 EPS. As a group, equities analysts predict that Sealed Air Corporation will post 3.05 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the company. Robert W. Baird restated a “neutral” rating and issued a $42.00 target price (down previously from $45.00) on shares of Sealed Air in a research report on Thursday, December 18th. Truist Financial lifted their price target on shares of Sealed Air from $45.00 to $49.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. Wells Fargo & Company upped their price objective on shares of Sealed Air from $43.00 to $46.00 and gave the company an “overweight” rating in a research note on Wednesday, November 5th. Royal Bank Of Canada lifted their target price on shares of Sealed Air from $48.00 to $52.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 5th. Finally, Stifel Nicolaus reissued a “hold” rating and issued a $45.00 price target (up from $43.80) on shares of Sealed Air in a research note on Monday, November 17th. Seven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, Sealed Air currently has a consensus rating of “Moderate Buy” and a consensus price target of $43.42.

Sealed Air Company Profile

Sealed Air Corporation is a global packaging company that develops and manufactures a wide range of materials, equipment and services designed to protect, preserve and promote products. Best known for inventing Bubble Wrap® protective packaging, the company serves customers across food and beverage, e-commerce, electronics, manufacturing and healthcare industries. Sealed Air’s solutions help businesses reduce product damage, extend shelf life and improve operational efficiency.

The company’s product portfolio is organized into three primary segments.