Silgan Holdings Inc. $SLGN Shares Bought by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH raised its holdings in Silgan Holdings Inc. (NYSE:SLGN) by 12.9% during the 1st quarter, Holdings Channel reports. The firm owned 552,945 shares of the industrial products company’s stock after purchasing an additional 63,120 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in Silgan were worth $21,454,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Caitong International Asset Management Co. Ltd raised its position in shares of Silgan by 2,525.0% during 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 last quarter. Measured Wealth Private Client Group LLC purchased a new stake in Silgan in the 3rd quarter valued at approximately $33,000. EverSource Wealth Advisors LLC grew its holdings in Silgan by 627.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 669 shares of the industrial products company’s stock valued at $36,000 after buying an additional 577 shares during the last quarter. Danske Bank A S grew its holdings in Silgan by 233.3% during the 4th quarter. Danske Bank A S now owns 1,000 shares of the industrial products company’s stock valued at $40,000 after buying an additional 700 shares during the last quarter. Finally, Fifth Third Bancorp increased its position in Silgan by 37.4% during the fourth quarter. Fifth Third Bancorp now owns 1,084 shares of the industrial products company’s stock worth $44,000 after buying an additional 295 shares in the last quarter. 70.25% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

SLGN has been the topic of several recent research reports. Weiss Ratings downgraded Silgan from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, April 24th. JPMorgan Chase & Co. dropped their price objective on Silgan from $53.00 to $47.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. Citigroup cut their target price on shares of Silgan from $56.00 to $54.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. UBS Group decreased their price target on shares of Silgan from $46.00 to $44.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 5th. Finally, Royal Bank Of Canada raised their price target on shares of Silgan from $48.00 to $49.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 30th. Six analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $51.56.

Silgan Trading Up 0.1%

Shares of Silgan stock opened at $46.26 on Monday. Silgan Holdings Inc. has a fifty-two week low of $35.68 and a fifty-two week high of $57.04. The firm has a market cap of $4.89 billion, a PE ratio of 17.39, a P/E/G ratio of 2.65 and a beta of 0.71. The business’s fifty day moving average is $39.60 and its two-hundred day moving average is $41.69. The company has a quick ratio of 0.78, a current ratio of 1.26 and a debt-to-equity ratio of 1.58.

Silgan (NYSE:SLGN) last announced its quarterly earnings data 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. The business had revenue of $1.56 billion during the quarter, compared to the consensus estimate 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 previous 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. Analysts anticipate that Silgan Holdings Inc. will post 3.78 earnings per share for the current year.

Silgan Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were issued a $0.21 dividend. The ex-dividend date was Monday, June 1st. This represents a $0.84 annualized dividend and a yield of 1.8%. Silgan’s payout ratio is 31.58%.

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.