TD Asset Management Inc increased its stake in Sealed Air Corporation (NYSE:SEE) by 3.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 822,000 shares of the industrial products company's stock after purchasing an additional 29,600 shares during the quarter. TD Asset Management Inc owned approximately 0.56% of Sealed Air worth $23,756,000 at the end of the most recent quarter.\n\nSeveral other institutional investors and hedge funds also recently bought and sold shares of SEE. T. Rowe Price Investment Management Inc. raised its stake in shares of Sealed Air by 9.6% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 12,316,192 shares of the industrial products company's stock worth $416,657,000 after buying an additional 1,081,848 shares during the period. Invesco Ltd. increased its holdings in Sealed Air by 69.2% in the 4th quarter. Invesco Ltd. now owns 3,788,839 shares of the industrial products company's stock worth $128,176,000 after acquiring an additional 1,549,184 shares in the last quarter. Victory Capital Management Inc. increased its holdings in Sealed Air by 42.1% in the 1st quarter. Victory Capital Management Inc. now owns 2,864,927 shares of the industrial products company's stock worth $82,796,000 after acquiring an additional 849,485 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Sealed Air by 8.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,204,663 shares of the industrial products company's stock worth $74,583,000 after acquiring an additional 178,592 shares during the period. Finally, Northern Trust Corp lifted its holdings in Sealed Air by 21.3% during the fourth quarter. Northern Trust Corp now owns 1,642,371 shares of the industrial products company's stock valued at $55,561,000 after purchasing an additional 288,528 shares in the last quarter.\n\n94.40% of the stock is currently owned by hedge funds and other institutional investors. Analyst Ratings Changes A number of analysts have recently issued reports on SEE shares. Truist Financial increased their price objective on shares of Sealed Air from $33.00 to $40.00 and gave the stock a \"buy\" rating in a research note on Friday, July 11th. UBS Group increased their price target 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 boosted their price objective on Sealed Air from $34.00 to $37.00 and gave the company an \"outperformer\" rating in a research report on Tuesday, July 15th. Citigroup upped their price objective on Sealed Air from $33.00 to $37.00 and gave the stock a \"buy\" rating in a research note on Friday, July 11th. Finally, Wells Fargo & Co lifted their target price on Sealed Air from $39.00 to $43.00 and gave the company an \"overweight\" rating in a research note on Friday, July 18th. Four analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of \"Moderate Buy\" and a consensus target price of $38.27.\n\nSealed Air Trading Down 1.2% opened at $30.40 on Wednesday. The firm has a fifty day moving average price of $31.66 and a 200 day moving average price of $31.11. Sealed Air Corporation has a fifty-two week low of $22.78 and a fifty-two week high of $38.85. The firm has a market cap of $4.47 billion, a PE ratio of 15.05, a price-to-earnings-growth ratio of 2.81 and a beta of 1.35. The company has a debt-to-equity ratio of 5.26, a quick ratio of 0.76 and a current ratio of 1.26.\n\nSealed Air (NYSE:SEE) last issued its quarterly earnings data on Tuesday, May 6th. The industrial products company reported $0.81 EPS for the quarter, topping analysts' consensus estimates of $0.67 by $0.14. The business had revenue of $1.27 billion during the quarter, compared to analysts' expectations of $1.27 billion. Sealed Air had a net margin of 5.55% and a return on equity of 65.49%. The business's revenue was down 4.4% on a year-over-year basis. During the same period last year, the company posted $0.78 EPS. Sell-side analysts anticipate that Sealed Air Corporation will post 3.05 earnings per share for the current fiscal year.\n\nSealed Air Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 26th. Shareholders of record on Friday, September 12th will be given a dividend of $0.20 per share. The ex-dividend date is Friday, September 12th. This represents a $0.80 dividend on an annualized basis and a yield of 2.63%. Sealed Air's dividend payout ratio (DPR) is presently 39.60%.\n\nAbout 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.

TD Asset Management Inc Boosts Stake in Sealed Air Corporation (NYSE:SEE)

TD Asset Management Inc increased its stake in Sealed Air by 3.7% in Q1, while other institutional investors and hedge funds also adjusted their holdings. Analyst ratings and financial metrics for Sealed Air were also highlighted, including a 1.2% stock price drop and a $0.80 annualized dividend.