Silgan Holdings Inc. $SLGN Shares Acquired by Vanguard Group Inc.

Vanguard Group Inc. lifted its holdings in Silgan Holdings Inc. (NYSE:SLGN) by 0.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,927,750 shares of the industrial products company’s stock after buying an additional 47,196 shares during the period. Vanguard Group Inc. owned approximately 8.34% of Silgan worth $383,983,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of the business. Atria Investments Inc raised its holdings in Silgan by 3.9% in the 2nd quarter. Atria Investments Inc now owns 6,241 shares of the industrial products company’s stock valued at $338,000 after acquiring an additional 232 shares during the last quarter. Yousif Capital Management LLC grew its position in shares of Silgan by 1.0% in the third quarter. Yousif Capital Management LLC now owns 27,578 shares of the industrial products company’s stock valued at $1,186,000 after purchasing an additional 262 shares in the last quarter. NewEdge Advisors LLC increased its holdings in shares of Silgan by 4.8% in the second quarter. NewEdge Advisors LLC now owns 6,767 shares of the industrial products company’s stock valued at $367,000 after purchasing an additional 308 shares during the last quarter. Corient Private Wealth LLC lifted its position in Silgan by 6.7% during the second quarter. Corient Private Wealth LLC now owns 5,073 shares of the industrial products company’s stock worth $275,000 after buying an additional 319 shares in the last quarter. Finally, California State Teachers Retirement System boosted its stake in Silgan by 0.4% during the second quarter. California State Teachers Retirement System now owns 79,193 shares of the industrial products company’s stock worth $4,291,000 after buying an additional 337 shares during the last quarter. Hedge funds and other institutional investors own 70.25% of the company’s stock.

Silgan Trading Down 0.9%

NYSE SLGN opened at $47.46 on Friday. The company has a debt-to-equity ratio of 1.68, a current ratio of 0.49 and a quick ratio of 0.31. The stock has a market capitalization of $5.02 billion, a P/E ratio of 17.64, a PEG ratio of 2.04 and a beta of 0.72. The firm’s 50-day moving average is $44.20 and its two-hundred day moving average is $42.92. Silgan Holdings Inc. has a 12 month low of $36.15 and a 12 month high of $57.04.

Silgan (NYSE:SLGN) last announced its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.65 by $0.02. Silgan had a net margin of 4.45% and a return on equity of 17.94%. The business had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.46 billion. During the same period last year, the business earned $0.85 earnings per share. The business’s revenue for the quarter was up 4.1% on a year-over-year basis. Silgan has set its FY 2026 guidance at 3.700-3.900 EPS and its Q1 2026 guidance at 0.700-0.800 EPS. On average, sell-side analysts anticipate that Silgan Holdings Inc. will post 4.11 earnings per share for the current year.

Silgan Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be given a $0.21 dividend. The ex-dividend date of this dividend is Tuesday, March 17th. This is a positive change from Silgan’s previous quarterly dividend of $0.20. This represents a $0.84 dividend on an annualized basis and a yield of 1.8%. Silgan’s dividend payout ratio is presently 29.74%.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $49.00 target price (up from $43.00) on shares of Silgan in a research note on Thursday, February 5th. Zacks Research raised shares of Silgan from a “strong sell” rating to a “hold” rating in a report on Monday, December 29th. Weiss Ratings restated a “hold (c-)” rating on shares of Silgan in a research report on Monday, December 29th. Citigroup reiterated a “buy” rating and issued a $56.00 target price (up from $47.00) on shares of Silgan in a report on Friday, February 6th. Finally, Wells Fargo & Company increased their price target on shares of Silgan from $52.00 to $55.00 and gave the company an “overweight” rating in a research note on Friday, February 6th. Five 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.com, Silgan currently has a consensus rating of “Moderate Buy” and a consensus target price of $52.88.

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.