Sealed Air Corp. (NYSE:SEE) saw unusually-strong trading volume on Tuesday . Approximately 4,045,446 shares changed hands during trading, an increase of 131% from the previous session’s volume of 1,752,944 shares.The stock last traded at $46.74 and had previously closed at $46.33.

A number of analysts have recently weighed in on SEE shares. Zacks Investment Research raised Sealed Air Corp. from a “hold” rating to a “buy” rating and set a $57.00 price objective for the company in a research note on Tuesday, April 19th. Credit Suisse Group AG reissued an “outperform” rating and set a $63.00 price objective on shares of Sealed Air Corp. in a research note on Friday, April 22nd. Jefferies Group reissued a “hold” rating and set a $45.00 price objective on shares of Sealed Air Corp. in a research note on Friday, April 29th. Goldman Sachs Group Inc. started coverage on Sealed Air Corp. in a research note on Thursday, May 12th. They set a “buy” rating and a $59.00 price objective for the company. Finally, SunTrust Banks Inc. started coverage on Sealed Air Corp. in a research note on Tuesday, July 12th. They set a “buy” rating and a $54.00 price objective for the company. Four research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $53.82.

The stock has a market capitalization of $9.19 billion and a price-to-earnings ratio of 26.65. The stock has a 50-day moving average price of $47.13 and a 200-day moving average price of $46.61.

Sealed Air Corp. (NYSE:SEE) last released its quarterly earnings data on Thursday, July 28th. The company reported $0.65 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.64 by $0.01. The firm earned $1.70 billion during the quarter, compared to the consensus estimate of $1.74 billion. During the same period in the previous year, the firm earned $0.60 EPS. The business’s revenue was down 3.2% compared to the same quarter last year. Analysts forecast that Sealed Air Corp. will post $2.60 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 16th. Stockholders of record on Friday, September 2nd will be given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 1.37%. The ex-dividend date is Wednesday, August 31st.

Several institutional investors recently added to or reduced their stakes in the stock. Trexquant Investment LP bought a new position in Sealed Air Corp. during the fourth quarter valued at $1,022,000. Atlantic Trust Group LLC increased its position in Sealed Air Corp. by 9.7% in the fourth quarter. Atlantic Trust Group LLC now owns 25,930 shares of the company’s stock valued at $1,157,000 after buying an additional 2,288 shares in the last quarter. Suntrust Banks Inc. increased its position in Sealed Air Corp. by 17.0% in the fourth quarter. Suntrust Banks Inc. now owns 28,213 shares of the company’s stock valued at $1,257,000 after buying an additional 4,094 shares in the last quarter. Advisors Asset Management Inc. increased its position in Sealed Air Corp. by 19.3% in the fourth quarter. Advisors Asset Management Inc. now owns 37,242 shares of the company’s stock valued at $1,661,000 after buying an additional 6,032 shares in the last quarter. Finally, TrimTabs Asset Management LLC increased its position in Sealed Air Corp. by 1.9% in the fourth quarter. TrimTabs Asset Management LLC now owns 44,160 shares of the company’s stock valued at $1,970,000 after buying an additional 822 shares in the last quarter.

Sealed Air Corporation is engaged in food safety and security, facility hygiene and product protection business. The Company’s segments are Food Care, Diversey Care, Product Care and Other (includes Corporate, Medical Applications and New Ventures businesses). The Food Care segment focuses on providing processors, retailers and food service operators a range of integrated system solutions.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.