22,763 Shares in Silgan Holdings Inc. $SLGN Acquired by Wasatch Advisors LP

Wasatch Advisors LP bought a new stake in Silgan Holdings Inc. (NYSE:SLGN) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 22,763 shares of the industrial products company’s stock, valued at approximately $883,000.

A number of other large investors have also made changes to their positions in SLGN. EverSource Wealth Advisors LLC increased its position in Silgan by 627.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 669 shares of the industrial products company’s stock valued at $36,000 after buying an additional 577 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in Silgan by 2,525.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 735 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 707 shares in the last quarter. Measured Wealth Private Client Group LLC acquired a new stake in Silgan in the third quarter worth about $33,000. Danske Bank A S grew its stake in shares of Silgan by 233.3% during the fourth quarter. Danske Bank A S now owns 1,000 shares of the industrial products company’s stock worth $40,000 after acquiring an additional 700 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of Silgan during the first quarter worth about $54,000. 70.25% of the stock is owned by institutional investors and hedge funds.

Silgan Stock Up 2.0%

NYSE:SLGN opened at $46.26 on Friday. The firm has a market capitalization of $4.89 billion, a P/E ratio of 17.39, a PEG ratio of 2.65 and a beta of 0.71. Silgan Holdings Inc. has a 1-year low of $35.68 and a 1-year high of $57.04. The company’s fifty day moving average price is $39.60 and its 200-day moving average price is $41.67. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.26 and a quick ratio of 0.78.

Silgan (NYSE:SLGN) last posted its earnings results on Wednesday, April 29th. The industrial products company reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.74 by $0.04. Silgan had a net margin of 4.31% and a return on equity of 17.22%. The company had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.51 billion. During the same period in the previous year, the firm posted $0.69 earnings per share. The firm’s quarterly revenue 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. As a group, equities research analysts anticipate that Silgan Holdings Inc. will post 3.78 EPS for the current year.

Silgan Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were issued a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend was Monday, June 1st. Silgan’s payout ratio is 31.58%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on SLGN shares. Deutsche Bank Aktiengesellschaft began coverage on shares of Silgan in a research report on Wednesday, April 1st. They issued a “buy” rating and a $52.00 price objective for the company. Royal Bank Of Canada boosted their target price on shares of Silgan from $48.00 to $49.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 30th. Weiss Ratings lowered shares of Silgan from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, April 24th. Citigroup decreased their price target on shares of Silgan from $56.00 to $54.00 and set a “buy” rating for the company in a report on Thursday, April 30th. Finally, Wells Fargo & Company reissued an “overweight” rating and set a $56.00 price objective (up from $55.00) on shares of Silgan in a report on Thursday, April 30th. Six analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $51.56.

Silgan 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.