Silgan Holdings Inc. (NYSE:SLGN) Receives Consensus Recommendation of “Moderate Buy” from Analysts

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

SLGN has been the topic of several research analyst reports. Royal Bank Of Canada increased their target price on Silgan from $48.00 to $49.00 and gave the stock a “sector perform” rating in a report on Thursday, April 30th. Citigroup decreased their target price on Silgan from $56.00 to $54.00 and set a “buy” rating on the stock in a report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft initiated coverage on Silgan in a report on Wednesday, April 1st. They set a “buy” rating and a $52.00 target price on the stock. UBS Group decreased their target price on Silgan from $46.00 to $44.00 and set a “neutral” rating on the stock in a report on Tuesday, May 5th. Finally, Truist Financial decreased their target price on Silgan from $54.00 to $52.00 and set a “buy” rating on the stock in a report on Thursday, April 30th.

Hedge Funds Weigh In On Silgan

Several large investors have recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its stake in shares of Silgan by 22.1% during the fourth quarter. JPMorgan Chase & Co. now owns 9,274,095 shares of the industrial products company’s stock valued at $374,395,000 after acquiring an additional 1,676,760 shares during the period. Vanguard Group Inc. lifted its stake in shares of Silgan by 0.5% during the third quarter. Vanguard Group Inc. now owns 8,927,750 shares of the industrial products company’s stock valued at $383,983,000 after acquiring an additional 47,196 shares during the period. Wellington Management Group LLP lifted its stake in shares of Silgan by 25.8% during the third quarter. Wellington Management Group LLP now owns 5,604,993 shares of the industrial products company’s stock valued at $241,071,000 after acquiring an additional 1,148,044 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Silgan by 11.5% during the first quarter. Dimensional Fund Advisors LP now owns 4,893,768 shares of the industrial products company’s stock valued at $189,871,000 after acquiring an additional 505,813 shares during the period. Finally, State Street Corp lifted its stake in shares of Silgan by 0.7% during the second quarter. State Street Corp now owns 3,646,093 shares of the industrial products company’s stock valued at $197,545,000 after acquiring an additional 23,734 shares during the period. Institutional investors and hedge funds own 70.25% of the company’s stock.

Silgan Stock Performance

Shares of NYSE:SLGN opened at $36.56 on Friday. The business’s fifty day moving average price is $40.31 and its two-hundred day moving average price is $41.59. 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 stock has a market capitalization 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 0.74. Silgan has a fifty-two week low of $36.15 and a fifty-two week high of $57.04.

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 return on equity of 17.22% and a net margin of 4.31%.The business’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the business 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, analysts predict that Silgan will post 3.78 EPS for the current fiscal 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 paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Monday, June 1st. Silgan’s dividend payout ratio is 31.58%.

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.