MQS Management LLC Invests $498,000 in Silgan Holdings Inc. $SLGN

MQS Management LLC bought a new stake in Silgan Holdings Inc. (NYSE:SLGN) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 12,847 shares of the industrial products company’s stock, valued at approximately $498,000.

Several other hedge funds also recently made changes to their positions in SLGN. JPMorgan Chase & Co. grew its stake in Silgan by 22.1% in the fourth quarter. JPMorgan Chase & Co. now owns 9,274,095 shares of the industrial products company’s stock worth $374,395,000 after purchasing an additional 1,676,760 shares during the period. Wellington Management Group LLP lifted its position in Silgan by 25.8% during the third quarter. Wellington Management Group LLP now owns 5,604,993 shares of the industrial products company’s stock valued at $241,071,000 after buying an additional 1,148,044 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Silgan by 17.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,387,955 shares of the industrial products company’s stock valued at $177,144,000 after buying an additional 647,558 shares in the last quarter. State Street Corp boosted its holdings in shares of Silgan by 0.7% during the 2nd quarter. State Street Corp now owns 3,646,093 shares of the industrial products company’s stock valued at $197,545,000 after buying an additional 23,734 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. grew its position in shares of Silgan by 177.3% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 3,400,088 shares of the industrial products company’s stock worth $137,262,000 after buying an additional 2,174,028 shares during the period. 70.25% of the stock is currently owned by institutional investors.

Silgan Trading Up 0.4%

NYSE:SLGN opened at $46.46 on Wednesday. The company has a market cap of $4.91 billion, a PE ratio of 17.46, a price-to-earnings-growth ratio of 2.65 and a beta of 0.71. The company has a current ratio of 1.26, a quick ratio of 0.78 and a debt-to-equity ratio of 1.58. The company has a 50 day simple moving average of $39.79 and a two-hundred day simple moving average of $41.80. Silgan Holdings Inc. has a 12 month low of $35.68 and a 12 month high of $57.04.

Silgan (NYSE:SLGN) last announced its earnings results on Wednesday, April 29th. The industrial products company reported $0.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.04. Silgan had a return on equity of 17.22% and a net margin of 4.31%.The business 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 posted $0.69 earnings per share. The business’s revenue for the quarter 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. Research analysts forecast that Silgan Holdings Inc. will post 3.78 earnings per share for the current year.

Silgan Announces Dividend

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

Analyst Ratings Changes

Several brokerages recently issued reports on SLGN. Weiss Ratings lowered shares of Silgan from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, April 24th. Royal Bank Of Canada upped their price objective on shares of Silgan from $48.00 to $49.00 and gave the stock a “sector perform” rating in a report on Thursday, April 30th. JPMorgan Chase & Co. decreased their target price on shares of Silgan from $53.00 to $47.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Deutsche Bank Aktiengesellschaft started coverage on shares of Silgan in a report on Wednesday, April 1st. They set a “buy” rating and a $52.00 target price for the company. Finally, UBS Group dropped their price target on Silgan from $46.00 to $44.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 5th. Six research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, Silgan currently has an average rating of “Moderate Buy” and a consensus target price of $51.56.

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.