Campbell & CO Investment Adviser LLC Has $307,000 Position in Silgan Holdings Inc. $SLGN

Campbell & CO Investment Adviser LLC cut its position in Silgan Holdings Inc. (NYSE:SLGN) by 89.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,145 shares of the industrial products company’s stock after selling 62,359 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in Silgan were worth $307,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in SLGN. Vaughan Nelson Investment Management L.P. acquired a new stake in shares of Silgan during the second quarter worth $61,303,000. Norges Bank bought a new stake in Silgan during the second quarter valued at $48,626,000. William Blair Investment Management LLC acquired a new stake in Silgan during the 2nd quarter worth about $29,053,000. Jane Street Group LLC bought a new position in shares of Silgan in the 1st quarter worth about $9,892,000. Finally, Adage Capital Partners GP L.L.C. lifted its stake in shares of Silgan by 203.9% in the 2nd quarter. Adage Capital Partners GP L.L.C. now owns 149,033 shares of the industrial products company’s stock valued at $8,075,000 after purchasing an additional 100,000 shares during the period. 70.25% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

SLGN has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Silgan in a research note on Monday, December 29th. Raymond James Financial restated a “market perform” rating on shares of Silgan in a report on Thursday, January 15th. Wells Fargo & Company lowered their price objective on shares of Silgan from $55.00 to $52.00 and set an “overweight” rating for the company in a research note on Thursday, October 30th. Royal Bank Of Canada downgraded shares of Silgan from an “outperform” rating to a “sector perform” rating and dropped their target price for the company from $49.00 to $43.00 in a research report on Thursday, January 15th. Finally, Zacks Research upgraded shares of Silgan from a “strong sell” rating to a “hold” rating in a report on Monday, December 29th. Seven equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, Silgan presently has an average rating of “Moderate Buy” and a consensus price target of $54.00.

Insider Activity at Silgan

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

Silgan Trading Up 0.5%

Shares of Silgan stock opened at $43.39 on Friday. The company has a current ratio of 1.27, a quick ratio of 0.85 and a debt-to-equity ratio of 1.68. The stock has a fifty day simple moving average of $40.55 and a 200 day simple moving average of $43.85. Silgan Holdings Inc. has a 12-month low of $36.15 and a 12-month high of $57.61. The company has a market capitalization of $4.58 billion, a P/E ratio of 14.76, a price-to-earnings-growth ratio of 1.92 and a beta of 0.72.

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

Silgan Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend was Monday, December 1st. Silgan’s dividend payout ratio is presently 27.21%.

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.