Silgan Holdings Inc. (NYSE:SLGN – Get Free Report) has been assigned an average rating of “Moderate Buy” from the twelve ratings firms that are presently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation, eight have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $50.60.
Several equities research analysts have weighed in on SLGN shares. Weiss Ratings downgraded shares of Silgan from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, October 13th. UBS Group set a $38.00 price objective on shares of Silgan and gave the stock a “neutral” rating in a research report on Monday, October 5th. Royal Bank Of Canada increased their price objective on shares of Silgan from $47.00 to $48.00 and gave the stock an “outperform” rating in a research report on Friday. Truist Financial raised their target price on Silgan from $45.00 to $46.00 and gave the company a “buy” rating in a research note on Friday. Finally, BMO Capital Markets initiated coverage on Silgan in a research report on Thursday, July 16th. They issued an “outperform” rating and a $57.00 target price for the company.
View Our Latest Stock Analysis on Silgan
Silgan Stock Up 2.6%
Shares of Silgan stock opened at $40.51 on Friday. The stock’s 50-day moving average is $38.35 and its 200 day moving average is $41.38. Silgan has a one year low of $33.70 and a one year high of $49.55. The firm has a market cap of $4.28 billion, a price-to-earnings ratio of 16.33, a PEG ratio of 2.33 and a beta of 0.67. The company has a debt-to-equity ratio of 1.54, a current ratio of 0.52 and a quick ratio of 0.80.
Silgan (NYSE:SLGN – Get Free Report) last posted its quarterly earnings results on Thursday, October 29th. The industrial products company reported $1.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.25 by $0.06. The firm had revenue of $2.04 billion for the quarter, compared to analysts’ expectations of $2.10 billion. Silgan had a return on equity of 16.73% and a net margin of 3.90%. The company’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same period in the prior year, the business earned $1.22 EPS. Equities research analysts anticipate that Silgan will post 3.89 EPS for the current year.
Silgan Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Tuesday, September 1st. Silgan’s payout ratio is 33.87%.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the business. BlackRock Inc. acquired a new stake in shares of Silgan in the 2nd quarter worth about $369,406,000. Dimensional Fund Advisors LP boosted its stake in Silgan by 11.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,893,768 shares of the industrial products company’s stock valued at $189,871,000 after purchasing an additional 505,813 shares during the last quarter. Bank of America Corp DE acquired a new position in Silgan during the 2nd quarter valued at about $101,368,000. Jupiter Topco LLC bought a new stake in Silgan during the 2nd quarter worth approximately $62,526,000. Finally, Atlas FRM LLC bought a new stake in Silgan during the 2nd quarter worth approximately $48,245,600. 70.25% of the stock is currently owned by institutional investors and hedge funds.
More Silgan News
Here are the key news stories impacting Silgan this week:
- Positive Sentiment: Q3 earnings beat estimates: Silgan reported third-quarter adjusted earnings of $1.31 per share, exceeding consensus estimates of approximately $1.25–$1.26 and rising from $1.22 a year earlier. Revenue increased 1.5% year over year to $2.04 billion. Silgan Holdings Tops Q3 Earnings Estimates
- Positive Sentiment: Full-year outlook improved: Silgan raised the midpoint of its full-year earnings estimate, signaling management expects profit performance to remain resilient despite mixed operating conditions. Silgan Announces Third Quarter 2026 Results
- Positive Sentiment: Analysts raised targets and maintained bullish ratings: Truist Financial increased its price target from $45 to $46 while reiterating a “Buy” rating. Royal Bank of Canada raised its target from $47 to $48 and assigned an “Outperform” rating. The revised targets imply approximately 13.6% to 18.5% upside from the referenced share price. Truist Adjusts Silgan Price Target
- Negative Sentiment: Revenue missed expectations: Quarterly sales of $2.04 billion fell short of the approximately $2.10 billion analyst consensus, highlighting softer-than-expected demand or operating trends even as profitability exceeded forecasts. Silgan Misses Q3 Revenue Estimates
About Silgan
Silgan Holdings Inc (NYSE: SLGN) is a manufacturer of rigid packaging products used by consumer goods companies. The company produces metal containers, plastic containers and specialty closures for food, beverage, personal care, household, healthcare, industrial and other products.
Silgan’s metal packaging business supplies cans and containers for food, pet food, paint, chemicals, aerosols and other applications. Its plastic packaging operations manufacture bottles, tubs and other containers, while its closures business produces metal and plastic caps, lids and dispensing systems for a range of consumer and industrial products.
Founded in 1987, Silgan serves customers primarily across North America and Europe through a network of manufacturing facilities.
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