WINTON GROUP Ltd acquired a new stake in shares of Silgan Holdings Inc. (NYSE:SLGN – Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 131,032 shares of the industrial products company’s stock, valued at approximately $5,290,000. WINTON GROUP Ltd owned 0.12% of Silgan at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. Measured Wealth Private Client Group LLC acquired a new stake in Silgan during the 3rd quarter valued at approximately $33,000. EverSource Wealth Advisors LLC lifted its stake in Silgan by 627.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 669 shares of the industrial products company’s stock valued at $36,000 after acquiring an additional 577 shares during the period. Danske Bank A S lifted its stake in Silgan by 233.3% during the 4th quarter. Danske Bank A S now owns 1,000 shares of the industrial products company’s stock valued at $40,000 after acquiring an additional 700 shares during the period. Fifth Third Bancorp lifted its stake in Silgan by 37.4% during the 4th quarter. Fifth Third Bancorp now owns 1,084 shares of the industrial products company’s stock valued at $44,000 after acquiring an additional 295 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Silgan during the 1st quarter valued at approximately $54,000. 70.25% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
SLGN has been the subject of several research reports. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Silgan in a research note on Wednesday, April 1st. They set a “buy” rating and a $52.00 price objective for the company. Royal Bank Of Canada lifted their price objective on shares of Silgan from $48.00 to $49.00 and gave the company a “sector perform” rating in a research note on Thursday, April 30th. JPMorgan Chase & Co. decreased their price objective on shares of Silgan from $53.00 to $47.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Weiss Ratings lowered shares of Silgan from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, April 24th. Finally, UBS Group cut their target price on shares of Silgan from $46.00 to $44.00 and set a “neutral” rating for the company in a report on Tuesday, May 5th. Six analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Silgan presently has a consensus rating of “Moderate Buy” and a consensus target price of $51.56.
Silgan Price Performance
NYSE:SLGN opened at $36.56 on Friday. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.26 and a quick ratio of 0.78. The firm has a market cap of $3.86 billion, a price-to-earnings ratio of 13.74, a price-to-earnings-growth ratio of 2.10 and a beta of 0.71. The company has a 50 day moving average price of $39.11 and a 200-day moving average price of $41.39. Silgan Holdings Inc. has a 1-year low of $35.68 and a 1-year high of $57.04.
Silgan (NYSE:SLGN – Get Free Report) last posted its earnings results on Wednesday, April 29th. The industrial products company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.04. The firm had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.51 billion. Silgan had a net margin of 4.31% and a return on equity of 17.22%. The business’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.69 EPS. Silgan has set its Q2 2026 guidance at 0.920-1.020 EPS and its FY 2026 guidance at 3.730-3.930 EPS. Equities research analysts forecast that Silgan Holdings Inc. will post 3.78 EPS for the current year.
Silgan Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Monday, June 1st. Silgan’s payout ratio is presently 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.
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