Aristotle Capital Boston LLC Sells 54,953 Shares of Silgan Holdings Inc. $SLGN

Aristotle Capital Boston LLC cut its stake in Silgan Holdings Inc. (NYSE:SLGN) by 8.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 580,668 shares of the industrial products company’s stock after selling 54,953 shares during the period. Silgan accounts for 1.3% of Aristotle Capital Boston LLC’s holdings, making the stock its 22nd biggest position. Aristotle Capital Boston LLC’s holdings in Silgan were worth $23,442,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. JPMorgan Chase & Co. grew its stake in shares of Silgan by 22.1% in the fourth quarter. JPMorgan Chase & Co. now owns 9,274,095 shares of the industrial products company’s stock worth $374,395,000 after acquiring an additional 1,676,760 shares during the period. Vanguard Group Inc. grew its stake in shares of Silgan by 0.5% in the third quarter. Vanguard Group Inc. now owns 8,927,750 shares of the industrial products company’s stock worth $383,983,000 after acquiring an additional 47,196 shares during the period. Wellington Management Group LLP grew its stake in shares of Silgan by 25.8% in 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 acquiring an additional 1,148,044 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Silgan by 17.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,387,955 shares of the industrial products company’s stock worth $177,144,000 after acquiring an additional 647,558 shares during the period. Finally, State Street Corp grew its stake in shares of Silgan by 0.7% in the second quarter. State Street Corp now owns 3,646,093 shares of the industrial products company’s stock worth $197,545,000 after acquiring an additional 23,734 shares during the period. 70.25% of the stock is currently owned by institutional investors.

Silgan Stock Performance

SLGN opened at $41.89 on Thursday. The company has a current ratio of 1.26, a quick ratio of 0.78 and a debt-to-equity ratio of 1.58. Silgan Holdings Inc. has a 12-month low of $35.68 and a 12-month high of $57.04. The company has a market cap of $4.43 billion, a price-to-earnings ratio of 15.75, a PEG ratio of 2.39 and a beta of 0.71. The company’s 50 day moving average is $39.28 and its 200 day moving average is $41.48.

Silgan (NYSE:SLGN) last issued its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.04. Silgan had a net margin of 4.31% and a return on equity of 17.22%. The business had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter in the previous year, the firm earned $0.69 earnings per share. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. Silgan has set its Q2 2026 guidance at 0.920-1.020 EPS and its FY 2026 guidance at 3.730-3.930 EPS. On average, equities research analysts predict that Silgan Holdings Inc. will post 3.78 EPS for the current year.

Silgan Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were issued a dividend of $0.21 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $0.84 annualized dividend and a yield of 2.0%. Silgan’s payout ratio is currently 31.58%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. JPMorgan Chase & Co. reduced their price target on shares of Silgan from $53.00 to $47.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Truist Financial reduced their price target on shares of Silgan from $54.00 to $52.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. Citigroup dropped their price objective on shares of Silgan from $56.00 to $54.00 and set a “buy” rating on the stock in a report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft started coverage on shares of Silgan in a report on Wednesday, April 1st. They issued a “buy” rating and a $52.00 price objective on the stock. Finally, Wells Fargo & Company reissued an “overweight” rating and issued a $56.00 price objective (up from $55.00) on shares of Silgan in a report on Thursday, April 30th. Six investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Silgan has an average rating of “Moderate Buy” and an average price target of $51.56.

Silgan Company Profile

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.