Silgan Holdings Inc. $SLGN Shares Sold by GW&K Investment Management LLC

GW&K Investment Management LLC cut its holdings in Silgan Holdings Inc. (NYSE:SLGN) by 28.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 539,766 shares of the industrial products company’s stock after selling 215,886 shares during the period. GW&K Investment Management LLC owned about 0.51% of Silgan worth $21,790,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of SLGN. Royal Bank of Canada boosted its holdings in shares of Silgan by 1.2% in the 1st quarter. Royal Bank of Canada now owns 43,734 shares of the industrial products company’s stock valued at $2,235,000 after buying an additional 510 shares during the period. AQR Capital Management LLC boosted its holdings in shares of Silgan by 94.7% in the 1st quarter. AQR Capital Management LLC now owns 89,117 shares of the industrial products company’s stock valued at $4,477,000 after buying an additional 43,338 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Silgan in the 1st quarter valued at about $54,000. NewEdge Advisors LLC boosted its holdings in shares of Silgan by 332.3% in the 1st quarter. NewEdge Advisors LLC now owns 6,459 shares of the industrial products company’s stock valued at $330,000 after buying an additional 4,965 shares during the period. Finally, United Services Automobile Association acquired a new position in shares of Silgan in the 1st quarter valued at about $264,000. 70.25% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

SLGN has been the subject of several research reports. JPMorgan Chase & Co. decreased 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. 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. Deutsche Bank Aktiengesellschaft started coverage on shares of Silgan in a report on Wednesday, April 1st. They issued a “buy” rating and a $52.00 price target for the company. Wells Fargo & Company reiterated an “overweight” rating and issued a $56.00 price objective (up from $55.00) on shares of Silgan in a research report on Thursday, April 30th. Finally, Weiss Ratings downgraded shares of Silgan from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, April 24th. Six 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 data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $51.56.

Silgan Stock Up 1.9%

SLGN stock opened at $39.44 on Thursday. Silgan Holdings Inc. has a 52 week low of $35.68 and a 52 week high of $57.04. The company has a market capitalization of $4.17 billion, a price-to-earnings ratio of 14.83, a price-to-earnings-growth ratio of 2.22 and a beta of 0.71. The firm’s 50-day moving average is $39.11 and its two-hundred day moving average is $41.42. 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 results on Wednesday, April 29th. The industrial products company reported $0.78 EPS for the quarter, topping 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 for the quarter, compared to the consensus estimate of $1.51 billion. During the same period in the previous year, the firm earned $0.69 EPS. Silgan’s 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. On average, analysts forecast that Silgan Holdings Inc. will post 3.78 earnings per share for the current fiscal year.

Silgan Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Monday, June 1st. Silgan’s payout ratio 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.