Silgan (NYSE:SLGN) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Silgan Holdings Inc. (NYSE:SLGN) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $41.64 and traded as high as $45.80. Silgan shares last traded at $45.2160, with a volume of 897,574 shares changing hands.

Wall Street Analysts Forecast Growth

Several research firms have commented on SLGN. JPMorgan Chase & Co. decreased their price objective on shares of Silgan from $53.00 to $47.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft started coverage on shares of Silgan in a report on Wednesday, April 1st. They set a “buy” rating and a $52.00 target price for the company. Royal Bank Of Canada increased their price target on shares of Silgan from $48.00 to $49.00 and gave the company a “sector perform” rating in a report on Thursday, April 30th. Citigroup reduced their price objective on Silgan from $56.00 to $54.00 and set a “buy” rating for the company in a report on Thursday, April 30th. Finally, Wells Fargo & Company reiterated an “overweight” rating and set a $56.00 target price (up from $55.00) on shares of Silgan in a research note on Thursday, April 30th. Six 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.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $51.56.

Silgan Stock Up 2.0%

The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.78 and a current ratio of 1.26. The stock has a market cap of $4.89 billion, a P/E ratio of 17.39, a P/E/G ratio of 2.60 and a beta of 0.71. The stock’s fifty day simple moving average is $39.60 and its 200-day simple moving average is $41.67.

Silgan (NYSE:SLGN) last announced 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. The company had revenue of $1.56 billion for the quarter, compared to analysts’ expectations of $1.51 billion. Silgan had a net margin of 4.31% and a return on equity of 17.22%. The business’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same period last year, the firm earned $0.69 earnings per share. 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, research analysts forecast that Silgan Holdings Inc. will post 3.78 earnings per share for the current fiscal year.

Silgan Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Monday, June 1st. Silgan’s dividend payout ratio is presently 31.58%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd lifted its position in Silgan by 2,525.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 735 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 707 shares during the period. Measured Wealth Private Client Group LLC acquired a new position in shares of Silgan in the 3rd quarter valued at approximately $33,000. EverSource Wealth Advisors LLC raised its position in shares of Silgan by 627.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 669 shares of the industrial products company’s stock valued at $36,000 after buying an additional 577 shares in the last quarter. Danske Bank A S lifted its holdings in shares of Silgan by 233.3% during the 4th quarter. Danske Bank A S now owns 1,000 shares of the industrial products company’s stock worth $40,000 after acquiring an additional 700 shares during the period. Finally, Fifth Third Bancorp boosted 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 acquiring an additional 295 shares in the last quarter. Institutional investors own 70.25% of the company’s stock.

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.