Silgan Holdings Inc. (NYSE:SLGN) Receives Average Rating of “Moderate Buy” from Analysts

Silgan Holdings Inc. (NYSE:SLGN) has received an average rating of “Moderate Buy” from the eleven ratings firms that are presently covering the company, Marketbeat reports. Five analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $51.5556.

Several analysts have commented on SLGN shares. UBS Group decreased their target price on shares of Silgan from $46.00 to $44.00 and set a “neutral” rating for the company in a research report on Tuesday, May 5th. Truist Financial dropped their price target on Silgan from $54.00 to $52.00 and set a “buy” rating on the stock in a research report on Thursday, April 30th. Weiss Ratings downgraded shares of Silgan from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, April 24th. Citigroup dropped their target price on shares of Silgan from $56.00 to $54.00 and set a “buy” rating on the stock in a research report on Thursday, April 30th. Finally, 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 report on Thursday, April 30th.

Hedge Funds Weigh In On Silgan

Several large investors have recently added to or reduced their stakes in the company. Redwood Investment Management LLC bought a new stake in shares of Silgan in the 1st quarter worth approximately $1,044,000. Empowered Funds LLC increased its position in shares of Silgan by 138.2% during the first quarter. Empowered Funds LLC now owns 6,743 shares of the industrial products company’s stock valued at $262,000 after purchasing an additional 3,912 shares during the period. California State Teachers Retirement System increased its position in shares of Silgan by 20.2% during the first quarter. California State Teachers Retirement System now owns 104,983 shares of the industrial products company’s stock valued at $4,073,000 after purchasing an additional 17,655 shares during the period. Quantinno Capital Management LP raised its stake in shares of Silgan by 15.1% in the first quarter. Quantinno Capital Management LP now owns 179,341 shares of the industrial products company’s stock valued at $6,958,000 after purchasing an additional 23,485 shares in the last quarter. Finally, Entropy Technologies LP acquired a new position in shares of Silgan in the first quarter valued at $366,000. Institutional investors and hedge funds own 70.25% of the company’s stock.

Silgan Stock Performance

SLGN stock opened at $46.34 on Monday. The company has a 50-day simple moving average of $40.13 and a 200 day simple moving average of $41.93. The company has a quick ratio of 0.78, a current ratio of 1.26 and a debt-to-equity ratio of 1.58. The company has a market capitalization of $4.90 billion, a P/E ratio of 17.42, a PEG ratio of 2.66 and a beta of 0.66. Silgan has a fifty-two week low of $35.68 and a fifty-two week high of $57.04.

Silgan (NYSE:SLGN) last announced its earnings results 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 firm had revenue of $1.56 billion for the quarter, compared to analysts’ expectations of $1.51 billion. Silgan had a return on equity of 17.22% and a net margin of 4.31%.The firm’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.69 earnings per share. Silgan has set its Q2 2026 guidance at 0.920-1.020 EPS and its FY 2026 guidance at 3.730-3.930 EPS. Sell-side analysts predict that Silgan will post 3.78 earnings per share for the current fiscal year.

Silgan Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were given a dividend of $0.21 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $0.84 dividend on an annualized basis and a yield of 1.8%. Silgan’s dividend payout ratio (DPR) is 31.58%.

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.