Segall Bryant & Hamill LLC Reduces Holdings in Silgan Holdings Inc. $SLGN

Segall Bryant & Hamill LLC reduced its stake in shares of Silgan Holdings Inc. (NYSE:SLGN) by 4.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,057,515 shares of the industrial products company’s stock after selling 53,761 shares during the period. Silgan accounts for about 0.6% of Segall Bryant & Hamill LLC’s holdings, making the stock its 28th biggest position. Segall Bryant & Hamill LLC owned about 1.00% of Silgan worth $45,484,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of the stock. Swiss National Bank lifted its stake in shares of Silgan by 4.9% during the second quarter. Swiss National Bank now owns 173,700 shares of the industrial products company’s stock valued at $9,411,000 after buying an additional 8,100 shares during the period. Campbell & CO Investment Adviser LLC grew its stake in Silgan by 238.4% in the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 69,504 shares of the industrial products company’s stock worth $3,766,000 after acquiring an additional 48,967 shares during the period. Massachusetts Financial Services Co. MA raised its holdings in Silgan by 7.2% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 825,057 shares of the industrial products company’s stock valued at $35,486,000 after acquiring an additional 55,288 shares during the last quarter. New York State Common Retirement Fund lifted its stake in shares of Silgan by 26.9% during the 2nd quarter. New York State Common Retirement Fund now owns 186,194 shares of the industrial products company’s stock worth $10,088,000 after purchasing an additional 39,496 shares during the period. Finally, Summit Investment Advisors Inc. boosted its holdings in shares of Silgan by 26.2% during the first quarter. Summit Investment Advisors Inc. now owns 42,995 shares of the industrial products company’s stock worth $2,198,000 after purchasing an additional 8,938 shares during the last quarter. Institutional investors and hedge funds own 70.25% of the company’s stock.

Silgan Trading Up 1.1%

NYSE SLGN opened at $48.59 on Tuesday. The firm has a market capitalization of $5.13 billion, a price-to-earnings ratio of 18.06, a PEG ratio of 2.05 and a beta of 0.70. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.78 and a current ratio of 1.22. Silgan Holdings Inc. has a one year low of $36.15 and a one year high of $57.04. The company’s 50 day moving average price is $44.49 and its 200 day moving average price is $42.88.

Silgan (NYSE:SLGN) last released its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.02. Silgan had a net margin of 4.45% and a return on equity of 17.94%. The company had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.46 billion. During the same quarter in the prior year, the business earned $0.85 earnings per share. The business’s quarterly revenue was up 4.1% compared to the same quarter last year. 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 predict that Silgan Holdings Inc. will post 4.11 EPS for the current year.

Silgan Increases Dividend

The business also recently disclosed 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. This represents a $0.84 annualized dividend and a yield of 1.7%. This is a boost from Silgan’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend is Tuesday, March 17th. Silgan’s dividend payout ratio is 29.74%.

Analysts Set New Price Targets

Several research firms recently commented on SLGN. Raymond James Financial reiterated a “market perform” rating on shares of Silgan in a research note on Thursday, January 15th. JPMorgan Chase & Co. lifted their price target on Silgan from $44.00 to $53.00 and gave the company an “overweight” rating in a report on Monday, February 9th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $49.00 price objective (up from $43.00) on shares of Silgan in a report on Thursday, February 5th. Weiss Ratings reissued a “hold (c-)” rating on shares of Silgan in a research report on Monday, December 29th. Finally, Citigroup restated 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. Five research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Silgan presently has an average rating of “Moderate Buy” and an average 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.