Silgan Holdings Inc. (NYSE:SLGN) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Silgan Holdings Inc. (NYSE:SLGN) have been given a consensus rating of “Moderate Buy” by the eleven ratings firms that are presently covering the company, MarketBeat reports. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $51.5556.

Several research analysts recently commented on the stock. Citigroup cut their price objective 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. UBS Group cut their price objective on shares of Silgan from $46.00 to $44.00 and set a “neutral” rating for the company in a report on Tuesday, May 5th. Weiss Ratings cut shares of Silgan from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, April 24th. Royal Bank Of Canada increased their target price on shares of Silgan from $48.00 to $49.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 30th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Silgan from $53.00 to $47.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th.

Silgan Stock Up 0.2%

SLGN opened at $36.70 on Thursday. The company has a 50 day moving average of $39.07 and a 200 day moving average of $41.41. The company has a market cap of $3.88 billion, a PE ratio of 13.80, a price-to-earnings-growth ratio of 2.10 and a beta of 0.71. Silgan has a 12 month low of $35.68 and a 12 month high of $57.04. 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 (NYSE:SLGN) last released its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.74 by $0.04. The company had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.51 billion. Silgan had a net margin of 4.31% and a return on equity of 17.22%. Silgan’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same period last year, the firm earned $0.69 EPS. 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, sell-side analysts expect that Silgan will post 3.78 EPS for the current year.

Silgan Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be paid a $0.21 dividend. The ex-dividend date is Monday, June 1st. This represents a $0.84 annualized dividend and a yield of 2.3%. Silgan’s dividend payout ratio is currently 31.58%.

Institutional Trading of Silgan

Several institutional investors and hedge funds have recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its stake in Silgan by 22.1% in the 4th quarter. JPMorgan Chase & Co. now owns 9,274,095 shares of the industrial products company’s stock worth $374,395,000 after purchasing an additional 1,676,760 shares in the last quarter. Vanguard Group Inc. lifted its stake in Silgan by 0.5% in the 3rd quarter. Vanguard Group Inc. now owns 8,927,750 shares of the industrial products company’s stock worth $383,983,000 after purchasing an additional 47,196 shares in the last quarter. Wellington Management Group LLP lifted its stake in Silgan by 25.8% in the 3rd quarter. Wellington Management Group LLP now owns 5,604,993 shares of the industrial products company’s stock worth $241,071,000 after purchasing an additional 1,148,044 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Silgan by 11.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,893,768 shares of the industrial products company’s stock valued at $189,871,000 after buying an additional 505,813 shares in the last quarter. Finally, State Street Corp raised its position in shares of Silgan by 0.7% during the 2nd quarter. State Street Corp now owns 3,646,093 shares of the industrial products company’s stock valued at $197,545,000 after buying an additional 23,734 shares in the last quarter. 70.25% of the stock is currently owned by hedge funds and other institutional investors.

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.