Brokerages Set Silgan Holdings Inc. (NYSE:SLGN) Target Price at $55.70

Silgan Holdings Inc. (NYSE:SLGN) has received an average recommendation of “Moderate Buy” from the twelve brokerages that are covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $55.20.

SLGN has been the topic of several recent analyst reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Silgan in a research report on Monday, December 29th. Citigroup cut their price objective on shares of Silgan from $49.00 to $47.00 and set a “buy” rating on the stock in a research note on Tuesday. Wells Fargo & Company decreased their target price on shares of Silgan from $55.00 to $52.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. Truist Financial set a $50.00 price target on shares of Silgan and gave the stock a “buy” rating in a research report on Tuesday. Finally, Zacks Research upgraded shares of Silgan from a “strong sell” rating to a “hold” rating in a report on Monday, December 29th.

Insiders Place Their Bets

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

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. CX Institutional boosted its stake in shares of Silgan by 26.2% during the 2nd quarter. CX Institutional now owns 1,044 shares of the industrial products company’s stock worth $57,000 after acquiring an additional 217 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in shares of Silgan by 0.4% in the 2nd quarter. Janney Montgomery Scott LLC now owns 50,156 shares of the industrial products company’s stock valued at $2,717,000 after purchasing an additional 223 shares during the period. Atria Investments Inc increased its stake in Silgan by 3.9% in the 2nd quarter. Atria Investments Inc now owns 6,241 shares of the industrial products company’s stock worth $338,000 after purchasing an additional 232 shares in the last quarter. Aristeia Capital L.L.C. raised its holdings in Silgan by 4.5% during the 1st quarter. Aristeia Capital L.L.C. now owns 5,733 shares of the industrial products company’s stock worth $293,000 after buying an additional 245 shares during the period. Finally, Yousif Capital Management LLC raised its holdings in shares of Silgan by 1.0% during the third quarter. Yousif Capital Management LLC now owns 27,578 shares of the industrial products company’s stock valued at $1,186,000 after acquiring an additional 262 shares during the period. Institutional investors own 70.25% of the company’s stock.

Silgan Trading Up 1.5%

Shares of NYSE:SLGN opened at $42.73 on Monday. 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 company’s 50-day moving average price is $39.68 and its 200 day moving average price is $44.73. The company has a market cap of $4.51 billion, a PE ratio of 14.53, a P/E/G ratio of 1.86 and a beta of 0.72. Silgan has a fifty-two week low of $36.15 and a fifty-two week high of $57.61.

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

Silgan Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 1st were given a dividend of $0.20 per share. The ex-dividend date was Monday, December 1st. This represents a $0.80 annualized dividend and a dividend yield of 1.9%. Silgan’s dividend payout ratio (DPR) is 27.21%.

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.