Silgan Holdings Inc. $SLGN Shares Sold by JLB & Associates Inc.

JLB & Associates Inc. lessened its stake in Silgan Holdings Inc. (NYSE:SLGN) by 36.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 28,964 shares of the industrial products company’s stock after selling 16,923 shares during the quarter. JLB & Associates Inc.’s holdings in Silgan were worth $1,169,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. EverSource Wealth Advisors LLC lifted its stake in Silgan by 627.2% in the second quarter. EverSource Wealth Advisors LLC now owns 669 shares of the industrial products company’s stock worth $36,000 after acquiring an additional 577 shares during the last quarter. Measured Wealth Private Client Group LLC purchased a new stake in shares of Silgan in the 3rd quarter valued at approximately $33,000. Danske Bank A S raised its holdings in shares of Silgan by 233.3% in the 4th quarter. Danske Bank A S now owns 1,000 shares of the industrial products company’s stock valued at $40,000 after purchasing an additional 700 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Silgan in the 1st quarter valued at $54,000. Finally, Fifth Third Bancorp lifted its position in shares of Silgan by 37.4% during the 4th quarter. Fifth Third Bancorp now owns 1,084 shares of the industrial products company’s stock worth $44,000 after purchasing an additional 295 shares during the last quarter. 70.25% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently commented on SLGN shares. Citigroup dropped their target price on Silgan from $56.00 to $54.00 and set a “buy” rating on the stock in a report on Thursday, April 30th. Truist Financial lowered their price objective on Silgan from $54.00 to $52.00 and set a “buy” rating for the company in a research report on Thursday, April 30th. Wells Fargo & Company reiterated an “overweight” rating and issued a $56.00 price objective (up from $55.00) on shares of Silgan in a report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft assumed coverage on Silgan in a research report on Wednesday, April 1st. They set a “buy” rating and a $52.00 target price on the stock. Finally, UBS Group lowered their price target on Silgan from $46.00 to $44.00 and set a “neutral” rating for the company in a report on Tuesday. Six analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, Silgan presently has a consensus rating of “Moderate Buy” and a consensus target price of $51.56.

Silgan Price Performance

Shares of SLGN opened at $40.25 on Friday. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.49 and a quick ratio of 0.30. Silgan Holdings Inc. has a 1-year low of $36.15 and a 1-year high of $57.04. The stock has a market cap of $4.25 billion, a PE ratio of 15.13, a price-to-earnings-growth ratio of 2.32 and a beta of 0.74. The firm has a fifty day moving average price of $41.37 and a 200 day moving average price of $41.80.

Silgan (NYSE:SLGN) last issued its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.78 earnings per share (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 company had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.51 billion. During the same quarter last year, the company posted $0.69 earnings per share. The business’s quarterly 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. As a group, sell-side analysts anticipate that Silgan Holdings Inc. will post 3.78 EPS for the current year.

Silgan Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th were given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 2.1%. This is a positive change from Silgan’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend was Tuesday, March 17th. Silgan’s dividend payout ratio is presently 31.58%.

Silgan 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.