Silgan Holdings Inc. (NYSE:SLGN) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Silgan Holdings Inc. (NYSE:SLGN) have earned an average rating of “Moderate Buy” from the twelve analysts that are covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $53.00.

A number of equities analysts recently weighed in on SLGN shares. Wells Fargo & Company restated an “overweight” rating and set a $56.00 price target (up from $55.00) on shares of Silgan in a research report on Thursday, April 30th. Truist Financial cut 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. BMO Capital Markets initiated coverage on Silgan in a research note on Thursday, July 16th. They set an “outperform” rating and a $57.00 price target on the stock. JPMorgan Chase & Co. lowered 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. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a $51.00 target price (up from $49.00) on shares of Silgan in a research note on Thursday, July 9th.

Institutional Trading of Silgan

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SLGN. Royal Bank of Canada raised its stake in Silgan by 1.2% during the 1st quarter. Royal Bank of Canada now owns 43,734 shares of the industrial products company’s stock worth $2,235,000 after acquiring an additional 510 shares in the last quarter. AQR Capital Management LLC raised its stake in Silgan by 94.7% during the 1st quarter. AQR Capital Management LLC now owns 89,117 shares of the industrial products company’s stock valued at $4,477,000 after acquiring an additional 43,338 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of Silgan during the first quarter worth approximately $54,000. NewEdge Advisors LLC lifted its stake in shares of Silgan by 332.3% in the 1st quarter. NewEdge Advisors LLC now owns 6,459 shares of the industrial products company’s stock worth $330,000 after acquiring an additional 4,965 shares during the period. Finally, United Services Automobile Association acquired a new stake in Silgan in the first quarter valued at about $264,000. Institutional investors and hedge funds own 70.25% of the company’s stock.

Silgan Stock Performance

NYSE:SLGN opened at $45.42 on Friday. The stock has a market capitalization of $4.80 billion, a PE ratio of 17.07, a P/E/G ratio of 2.50 and a beta of 0.66. Silgan has a fifty-two week low of $35.68 and a fifty-two week high of $56.27. The company has a fifty day moving average of $41.79 and a two-hundred day moving average of $42.40. 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 posted 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. The company had revenue of $1.56 billion for the quarter, compared to analysts’ expectations of $1.51 billion. Silgan had a return on equity of 17.22% and a net margin of 4.31%.Silgan’s revenue was up 6.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $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. As a group, research analysts forecast that Silgan will post 3.79 earnings per share for the current fiscal year.

Silgan Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Monday, June 1st. Silgan’s dividend payout ratio is 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.