Brokerages Set Silgan Holdings Inc. (NYSE:SLGN) PT at $51.56

Silgan Holdings Inc. (NYSE:SLGN) has earned a consensus rating of “Moderate Buy” from the eleven research firms that are covering the company, Marketbeat reports. Five research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $51.5556.

Several brokerages have recently commented on SLGN. JPMorgan Chase & Co. decreased their price objective on Silgan from $53.00 to $47.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Weiss Ratings lowered Silgan from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, April 24th. Truist Financial decreased their price objective on Silgan from $54.00 to $52.00 and set a “buy” rating for the company in a report on Thursday, April 30th. UBS Group decreased their price objective on Silgan from $46.00 to $44.00 and set a “neutral” rating for the company in a report on Tuesday, May 5th. Finally, Raymond James Financial reaffirmed a “market perform” rating on shares of Silgan in a research report on Thursday, January 15th.

Silgan Stock Performance

SLGN stock opened at $38.61 on Friday. The firm has a market cap of $4.08 billion, a price-to-earnings ratio of 14.51, a PEG ratio of 2.24 and a beta of 0.74. The firm has a 50-day simple moving average of $40.51 and a two-hundred day simple moving average of $41.63. Silgan has a one year low of $36.15 and a one year high of $57.04. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.78 and a current ratio of 1.26.

Silgan (NYSE:SLGN) last released its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.74 by $0.04. Silgan had a net margin of 4.31% and a return on equity of 17.22%. The business had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.51 billion. During the same period in the prior year, the firm posted $0.69 earnings per share. The company’s quarterly revenue was up 6.4% on a year-over-year basis. Silgan has set its Q2 2026 guidance at 0.920-1.020 EPS and its FY 2026 guidance at 3.730-3.930 EPS. On average, equities analysts forecast that Silgan will post 3.78 EPS for the current fiscal year.

Silgan Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be given a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Monday, June 1st. Silgan’s dividend payout ratio (DPR) is presently 31.58%.

Hedge Funds Weigh In On Silgan

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Envestnet Portfolio Solutions Inc. raised its position in shares of Silgan by 1.3% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 17,441 shares of the industrial products company’s stock valued at $704,000 after purchasing an additional 221 shares during the last quarter. Inspire Advisors LLC raised its stake in Silgan by 4.5% in the 4th quarter. Inspire Advisors LLC now owns 5,123 shares of the industrial products company’s stock worth $207,000 after acquiring an additional 221 shares during the last quarter. Verdence Capital Advisors LLC raised its stake in Silgan by 2.5% in the 4th quarter. Verdence Capital Advisors LLC now owns 11,285 shares of the industrial products company’s stock worth $456,000 after acquiring an additional 278 shares during the last quarter. Fifth Third Bancorp raised its stake in Silgan by 37.4% in 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 during the last quarter. Finally, NewEdge Advisors LLC raised its stake in Silgan by 4.8% in the 2nd quarter. NewEdge Advisors LLC now owns 6,767 shares of the industrial products company’s stock worth $367,000 after acquiring an additional 308 shares during the last quarter. 70.25% of the stock is owned by hedge funds and other institutional investors.

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.