Silgan Holdings Inc. (NYSE:SLGN) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Silgan Holdings Inc. (NYSE:SLGN) have received an average recommendation of “Moderate Buy” from the twelve research firms that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and nine have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $55.70.

Several equities analysts recently issued reports on SLGN shares. Zacks Research downgraded Silgan from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 30th. Wells Fargo & Company dropped their price target on Silgan from $55.00 to $52.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. UBS Group assumed coverage on Silgan in a report on Monday, November 24th. They issued a “neutral” rating and a $42.00 price objective on the stock. Raymond James Financial set a $53.00 target price on Silgan and gave the stock an “outperform” rating in a report on Friday, October 17th. Finally, Truist Financial cut their price target on shares of Silgan from $62.00 to $53.00 and set a “buy” rating on the stock in a report on Thursday, October 30th.

Insiders Place Their Bets

In other Silgan news, CEO Adam J. Greenlee purchased 7,000 shares of the stock in a transaction on Friday, October 31st. The shares were bought at an average cost of $38.19 per share, with a total value of $267,330.00. Following the completion of the acquisition, the chief executive officer owned 328,164 shares in the company, valued at $12,532,583.16. This trade represents a 2.18% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Kimberly Irene Ulmer purchased 1,000 shares of the business’s stock in a transaction on Friday, November 7th. The shares were bought at an average cost of $38.11 per share, for a total transaction of $38,110.00. Following the completion of the transaction, the chief accounting officer directly owned 105,321 shares in the company, valued at $4,013,783.31. This trade represents a 0.96% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 1.13% of the company’s stock.

Institutional Investors Weigh In On Silgan

Several hedge funds have recently bought and sold shares of SLGN. Caitong International Asset Management Co. Ltd increased its holdings in shares of Silgan by 174.6% during the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 497 shares of the industrial products company’s stock valued at $27,000 after purchasing an additional 316 shares in the last quarter. Measured Wealth Private Client Group LLC acquired a new position in shares of Silgan in the third quarter worth about $33,000. Hantz Financial Services Inc. boosted its stake in shares of Silgan by 359.4% during the 2nd quarter. Hantz Financial Services Inc. now owns 634 shares of the industrial products company’s stock worth $34,000 after acquiring an additional 496 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in shares of 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 acquiring an additional 577 shares during the period. Finally, Brooklyn Investment Group grew its position in shares of Silgan by 4,394.1% during the 1st quarter. Brooklyn Investment Group now owns 764 shares of the industrial products company’s stock valued at $39,000 after acquiring an additional 747 shares during the period. Hedge funds and other institutional investors own 70.25% of the company’s stock.

Silgan Stock Performance

SLGN opened at $39.08 on Thursday. The company has a market cap of $4.13 billion, a P/E ratio of 13.29, a price-to-earnings-growth ratio of 1.47 and a beta of 0.74. 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 firm’s 50-day moving average price is $40.51 and its 200-day moving average price is $46.73. Silgan has a 52-week low of $36.15 and a 52-week high of $57.61.

Silgan (NYSE:SLGN) last released its earnings results on Wednesday, October 29th. The industrial products company reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.01. Silgan had a net margin of 4.91% and a return on equity of 19.47%. The company had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $1.94 billion. During the same quarter in the previous year, the firm earned $1.21 EPS. Silgan’s revenue was up 15.2% compared to the same quarter last year. Silgan has set its Q4 2025 guidance at 0.620-0.72 EPS and its FY 2025 guidance at 3.660-3.76 EPS. As a group, equities analysts anticipate that Silgan will post 4.11 EPS for the current fiscal year.

Silgan Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 1st will be paid a $0.20 dividend. The ex-dividend date is Monday, December 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.0%. Silgan’s dividend payout ratio is presently 27.21%.

About Silgan

Silgan Holdings Inc, together with its subsidiaries, manufactures and sells rigid packaging solutions for consumer goods products in the United States and internationally. It operates through three segments: Dispensing and Specialty Closures, Metal Containers, and Custom Containers. The Dispensing and Specialty Closures segment offers a range of metal and plastic closures, and dispensing systems for food, beverage, health care, garden, home, personal care, beauty products, and hard surface cleaning products, as well as capping/sealing equipment and detection systems.