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

Silgan Holdings Inc. (NYSE:SLGN) has been given an average rating of “Moderate Buy” by the eleven brokerages that are currently covering the firm, Marketbeat Ratings reports. Five analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $51.5556.

A number of analysts have recently issued reports on the company. Weiss Ratings downgraded Silgan from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, April 24th. Royal Bank Of Canada lifted their price target on Silgan from $48.00 to $49.00 and gave the company a “sector perform” rating in a research report on Thursday, April 30th. Citigroup dropped their price target on Silgan from $56.00 to $54.00 and set a “buy” rating for the company in a research report on Thursday, April 30th. UBS Group dropped their price target on Silgan from $46.00 to $44.00 and set a “neutral” rating for the company in a research report on Tuesday, May 5th. Finally, JPMorgan Chase & Co. dropped their price target on Silgan from $53.00 to $47.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th.

Silgan Stock Down 1.5%

Shares of NYSE SLGN opened at $36.29 on Thursday. Silgan has a 52 week low of $36.15 and a 52 week high of $57.04. The business has a 50-day simple moving average of $39.22 and a two-hundred day simple moving average of $41.43. 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 cap of $3.83 billion, a P/E ratio of 13.64, a P/E/G ratio of 2.11 and a beta of 0.71.

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

Silgan Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders 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 2.3%. The ex-dividend date is Monday, June 1st. Silgan’s dividend payout ratio (DPR) is 31.58%.

Institutional Trading of Silgan

A number of large investors have recently modified their holdings of SLGN. Fuller & Thaler Asset Management Inc. boosted its position in shares of Silgan by 177.3% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 3,400,088 shares of the industrial products company’s stock valued at $137,262,000 after acquiring an additional 2,174,028 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Silgan by 31.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 7,597,335 shares of the industrial products company’s stock valued at $326,761,000 after acquiring an additional 1,822,797 shares during the last quarter. SG Americas Securities LLC raised its holdings in shares of Silgan by 21,854.8% during the 4th quarter. SG Americas Securities LLC now owns 1,175,238 shares of the industrial products company’s stock valued at $47,444,000 after buying an additional 1,169,885 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Silgan by 131.9% during the 3rd quarter. Bank of America Corp DE now owns 2,027,845 shares of the industrial products company’s stock valued at $87,218,000 after buying an additional 1,153,253 shares in the last quarter. Finally, Wellington Management Group LLP raised its holdings in shares of Silgan by 25.8% during the 3rd quarter. Wellington Management Group LLP now owns 5,604,993 shares of the industrial products company’s stock valued at $241,071,000 after buying an additional 1,148,044 shares in the last quarter. Institutional investors own 70.25% of the company’s stock.

About Silgan

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.