Silgan (NYSE:SLGN – Get Free Report) issued its quarterly earnings results on Wednesday. The industrial products company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.65 by $0.02, Briefing.com reports. The company had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.46 billion. Silgan had a net margin of 4.91% and a return on equity of 19.47%. Silgan’s revenue was up 4.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.85 earnings per share. Silgan updated its FY 2026 guidance to 3.700-3.900 EPS and its Q1 2026 guidance to 0.700-0.800 EPS.
Here are the key takeaways from Silgan’s conference call:
- Silgan completed the Weener acquisition integration and achieved run‑rate synergies, with Dispensing & Specialty Closures now >50% of Adjusted EBITDA and delivering record sales, adjusted EBIT/EBITDA while accelerating its new‑product pipeline and wins.
- For 2026 management targets Adjusted EPS of $3.70–$3.90, expects roughly $450 million of free cash flow and will spend about $310 million of CapEx to support dispensing and pet‑food growth, with midpoint guidance exceeding 2025 Adjusted EBIT/EBITDA.
- Interest costs will increase materially (estimated ~$205 million for 2026 and roughly $45 million in Q1) due to the April maturity of the 1.4% senior secured notes, which pressured Q4 adjusted EPS and will weigh on net income and cash flow in 2026.
- Metal Containers showed volume growth (+4% quarterly, pet food +7%) and margin improvement driven by cost‑reduction programs and volume leverage, and management expects low single‑digit volume and adjusted EBIT growth in 2026, led by pet food.
- Although Dispensing & Specialty Closures destocking is reported complete, Custom Containers still carries some destocking and inventory timing effects (plus prior‑quarter pre‑buys), contributing to a Q1 adjusted EPS guide of $0.70–$0.80 versus $0.82 a year ago.
Silgan Stock Up 6.6%
NYSE:SLGN traded up $2.91 during trading hours on Wednesday, hitting $46.67. 301,864 shares of the company traded hands, compared to its average volume of 833,658. The company has a quick ratio of 0.85, a current ratio of 1.27 and a debt-to-equity ratio of 1.68. The company has a market cap of $4.93 billion, a PE ratio of 15.84, a PEG ratio of 1.92 and a beta of 0.72. The firm’s 50-day simple moving average is $41.18 and its 200-day simple moving average is $43.09. Silgan has a one year low of $36.15 and a one year high of $57.04.
Wall Street Analysts Forecast Growth
View Our Latest Report on Silgan
Insider Activity at Silgan
In other news, CAO Kimberly Irene Ulmer bought 1,000 shares of the stock in a transaction dated Friday, November 7th. The stock was bought at an average price of $38.11 per share, for a total transaction of $38,110.00. Following the completion of the acquisition, the chief accounting officer directly owned 105,321 shares in the company, valued at approximately $4,013,783.31. This trade represents a 0.96% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.13% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Silgan
Hedge funds have recently made changes to their positions in the business. Wellington Management Group LLP increased its holdings in Silgan by 25.8% during the third quarter. Wellington Management Group LLP now owns 5,604,993 shares of the industrial products company’s stock worth $241,071,000 after buying an additional 1,148,044 shares during the last quarter. State Street Corp boosted its stake in Silgan by 0.7% in the second quarter. State Street Corp now owns 3,646,093 shares of the industrial products company’s stock valued at $197,545,000 after acquiring an additional 23,734 shares during the last quarter. Bank of America Corp DE grew its position in shares of Silgan by 131.9% during the 3rd quarter. Bank of America Corp DE now owns 2,027,845 shares of the industrial products company’s stock valued at $87,218,000 after acquiring an additional 1,153,253 shares during the period. UBS Group AG increased its stake in shares of Silgan by 66.1% during the 3rd quarter. UBS Group AG now owns 1,629,076 shares of the industrial products company’s stock worth $70,067,000 after purchasing an additional 648,485 shares during the last quarter. Finally, Millennium Management LLC raised its holdings in shares of Silgan by 1,609.6% in the 3rd quarter. Millennium Management LLC now owns 961,540 shares of the industrial products company’s stock worth $41,356,000 after purchasing an additional 905,296 shares during the period. 70.25% of the stock is currently owned by institutional investors.
About Silgan
Silgan Holdings Inc (NYSE: SLGN) is a leading supplier of rigid packaging solutions for consumer goods manufacturers. The company’s core business activities center on the design, production and distribution of metal and plastic containers, closures and dispense systems. Silgan serves a broad array of end markets, including food and beverage, home and personal care, health care and industrial products, providing both standard and custom packaging formats.
Founded in 1987 and headquartered in Stamford, Connecticut, Silgan has grown organically and through strategic acquisitions to establish a global manufacturing footprint.
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