RBF Capital LLC Raises Stock Holdings in Silgan Holdings Inc. $SLGN

RBF Capital LLC increased its position in Silgan Holdings Inc. (NYSE:SLGN) by 356.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 159,671 shares of the industrial products company’s stock after buying an additional 124,671 shares during the period. RBF Capital LLC’s holdings in Silgan were worth $6,446,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Silgan Price Performance

NYSE:SLGN opened at $41.70 on Wednesday. Silgan Holdings Inc. has a 52 week low of $35.68 and a 52 week high of $57.04. The company has a quick ratio of 0.78, a current ratio of 1.26 and a debt-to-equity ratio of 1.58. The stock has a market capitalization of $4.41 billion, a PE ratio of 15.68, a price-to-earnings-growth ratio of 2.33 and a beta of 0.71. The stock’s 50-day moving average price is $39.23 and its 200-day moving average price is $41.46.

Silgan (NYSE:SLGN) last posted its earnings results on Wednesday, April 29th. The industrial products company reported $0.78 EPS for the quarter, beating analysts’ consensus estimates of $0.74 by $0.04. Silgan had a return on equity of 17.22% and a net margin of 4.31%.The firm had revenue of $1.56 billion for the quarter, compared to analysts’ expectations of $1.51 billion. During the same period last year, the firm earned $0.69 EPS. 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. As a group, equities analysts expect that Silgan Holdings Inc. will post 3.78 EPS for the current fiscal year.

Silgan Dividend Announcement

The firm 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. The ex-dividend date was Monday, June 1st. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.0%. Silgan’s dividend payout ratio (DPR) is 31.58%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on SLGN. Weiss Ratings lowered Silgan from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, April 24th. UBS Group reduced their price objective on Silgan from $46.00 to $44.00 and set a “neutral” rating for the company in a research note on Tuesday, May 5th. Truist Financial reduced their price objective on Silgan from $54.00 to $52.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. Wells Fargo & Company reiterated an “overweight” rating and set a $56.00 price objective (up from $55.00) on shares of Silgan in a research note on Thursday, April 30th. Finally, JPMorgan Chase & Co. reduced their price objective on Silgan from $53.00 to $47.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Six investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $51.56.

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.