131,032 Shares in Silgan Holdings Inc. $SLGN Bought by WINTON GROUP Ltd

WINTON GROUP Ltd purchased a new position in Silgan Holdings Inc. (NYSE:SLGN) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 131,032 shares of the industrial products company’s stock, valued at approximately $5,290,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its holdings in Silgan by 0.5% in the 3rd quarter. Vanguard Group Inc. now owns 8,927,750 shares of the industrial products company’s stock worth $383,983,000 after acquiring an additional 47,196 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Silgan by 31.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,597,335 shares of the industrial products company’s stock worth $326,761,000 after acquiring an additional 1,822,797 shares in the last quarter. Wellington Management Group LLP increased its holdings in Silgan by 25.8% in the 3rd quarter. Wellington Management Group LLP now owns 5,604,993 shares of the industrial products company’s stock worth $241,071,000 after acquiring an additional 1,148,044 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Silgan by 6.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,740,397 shares of the industrial products company’s stock worth $160,872,000 after acquiring an additional 237,589 shares in the last quarter. Finally, State Street Corp increased its holdings in Silgan by 0.7% in the 2nd quarter. State Street Corp now owns 3,646,093 shares of the industrial products company’s stock worth $197,545,000 after acquiring an additional 23,734 shares in the last quarter. Hedge funds and other institutional investors own 70.25% of the company’s stock.

Silgan Trading Up 0.8%

Shares of SLGN stock opened at $36.56 on Friday. The company’s 50-day moving average price is $39.11 and its 200-day moving average price is $41.39. The company has a current ratio of 1.26, a quick ratio of 0.78 and a debt-to-equity ratio of 1.58. The stock has a market cap of $3.86 billion, a price-to-earnings ratio of 13.74, a PEG ratio of 2.10 and a beta of 0.71. Silgan Holdings Inc. has a twelve month low of $35.68 and a twelve month high of $57.04.

Silgan (NYSE:SLGN) last announced its quarterly 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 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 company’s revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the company 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, equities analysts predict that Silgan Holdings Inc. will post 3.78 earnings per share for the current year.

Silgan Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be given a dividend of $0.21 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $0.84 annualized dividend and a dividend yield of 2.3%. Silgan’s payout ratio is presently 31.58%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Truist Financial lowered their target price on shares of Silgan from $54.00 to $52.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. UBS Group lowered their target price on shares of Silgan from $46.00 to $44.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 5th. Wells Fargo & Company reaffirmed 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. Weiss Ratings cut shares of Silgan from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, April 24th. Finally, Citigroup lowered their target price on shares of Silgan from $56.00 to $54.00 and set a “buy” rating on the stock 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 MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $51.56.

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.