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

Silgan Holdings Inc. (NYSE:SLGN) has received a consensus recommendation of “Moderate Buy” from the twelve ratings firms that are covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $54.00.

Several research analysts have recently issued reports on the stock. BMO Capital Markets assumed coverage on shares of Silgan in a report on Thursday, July 16th. They issued an “outperform” rating and a $57.00 target price on the stock. Royal Bank Of Canada raised shares of Silgan from a “sector perform” rating to an “outperform” rating and raised their price target for the stock from $51.00 to $58.00 in a report on Thursday, August 13th. UBS Group set a $47.00 price objective on shares of Silgan and gave the company a “neutral” rating in a research report on Thursday, July 30th. Weiss Ratings upgraded shares of Silgan from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 15th. Finally, Bank of America raised their target price on Silgan from $53.00 to $58.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th.

Institutional Investors Weigh In On Silgan

Large investors have recently made changes to their positions in the business. Keating Financial Advisory Services Inc. bought a new position in shares of Silgan during the second quarter valued at approximately $28,000. Allworth Financial LP bought a new stake in Silgan in the second quarter valued at $28,000. Parkside Financial Bank & Trust raised its holdings in Silgan by 105.6% in the 2nd quarter. Parkside Financial Bank & Trust now owns 627 shares of the industrial products company’s stock worth $29,000 after purchasing an additional 322 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its position in shares of Silgan by 2,525.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 735 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 707 shares during the period. Finally, Integrated Wealth Concepts LLC purchased a new stake in shares of Silgan in the 2nd quarter worth about $33,000. 70.25% of the stock is currently owned by institutional investors.

Silgan Trading Down 2.1%

NYSE SLGN opened at $37.22 on Friday. Silgan has a 1-year low of $35.68 and a 1-year high of $49.55. The company has a current ratio of 1.27, a quick ratio of 0.80 and a debt-to-equity ratio of 1.54. The stock has a 50-day moving average of $42.16 and a 200-day moving average of $41.31. The firm has a market cap of $3.93 billion, a PE ratio of 14.59, a price-to-earnings-growth ratio of 2.21 and a beta of 0.68.

Silgan (NYSE:SLGN) last posted its quarterly earnings results on Wednesday, July 29th. The industrial products company reported $0.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.96 by $0.02. The business had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.62 billion. Silgan had a return on equity of 16.74% and a net margin of 4.05%.Silgan’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period last year, the company earned $1.01 EPS. Silgan has set its FY 2026 guidance at 3.730-3.930 EPS and its Q3 2026 guidance at 1.210-1.310 EPS. As a group, sell-side analysts forecast that Silgan will post 3.82 EPS for the current year.

Silgan Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were issued a $0.21 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $0.84 annualized dividend and a yield of 2.3%. Silgan’s dividend payout ratio (DPR) is 32.94%.

About Silgan

Silgan Holdings Inc is a manufacturer of rigid packaging products serving consumer goods companies in North America, Europe and other international markets. The company’s packaging is used for food, beverages, household products, personal care items, health care products, chemicals and other consumer and industrial applications.

Silgan operates through three principal business areas: metal containers, dispensing and specialty closures, and custom containers. Its products include steel and aluminum cans for food and general-line applications, aerosol containers, plastic containers, metal and plastic closures, dispensing systems, and custom-molded plastic packaging.