Kiltearn Partners Exits Sealed Air Position

Company Overview - Sealed Air Corporation provides packaging and protective solutions primarily in food safety and product protection markets, leveraging proprietary brands and automation technologies [3][7] - The company serves a diversified customer base, including food processors, e-commerce businesses, consumer goods companies, pharmaceutical firms, and industrial manufacturers globally [7] Financial Performance - As of February 13, 2026, Sealed Air's stock price was $41.93, with a market capitalization of $6.2 billion [2] - The company's revenue for the trailing twelve months (TTM) was $5.3 billion, and net income for the same period was $396.4 million [2] - Over the past year, Sealed Air's shares returned 26.3%, significantly outperforming the S&P 500 index's return of 13.2% [5] Recent Developments - Kiltearn Partners LLP fully exited its position in Sealed Air, selling 335,500 shares in the fourth quarter, which previously accounted for 2.4% of its assets under management (AUM) [1][6] - Following this transaction, Kiltearn Partners now holds only 28 positions, with its top five holdings making up over 44% of its AUM [4] Sales Outlook - Sealed Air's third-quarter sales experienced a decline of 1% after adjusting for foreign-currency translation effects, and management anticipates a sales decrease of 2% to 3% for the year [5]