15,876 Silgan Holdings Inc. $SLGN Shares Sold by Leeward Investments LLC MA

Leeward Investments LLC MA decreased its position in shares of Silgan Holdings Inc. (NYSE:SLGN) by 5.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 250,955 shares of the industrial products company’s stock after selling 15,876 shares during the quarter. Leeward Investments LLC MA owned 0.24% of Silgan worth $8,721,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of SLGN. Nisa Investment Advisors LLC increased its holdings in Silgan by 33.1% in the 3rd quarter. Nisa Investment Advisors LLC now owns 1,243 shares of the industrial products company’s stock worth $43,000 after buying an additional 309 shares during the period. Parkside Financial Bank & Trust lifted its stake in Silgan by 105.6% during the 2nd quarter. Parkside Financial Bank & Trust now owns 627 shares of the industrial products company’s stock valued at $29,000 after acquiring an additional 322 shares during the period. Skylands Capital LLC lifted its stake in Silgan by 0.9% during the 1st quarter. Skylands Capital LLC now owns 43,300 shares of the industrial products company’s stock valued at $1,680,000 after acquiring an additional 400 shares during the period. Oregon Public Employees Retirement Fund boosted its holdings in shares of Silgan by 2.3% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 17,953 shares of the industrial products company’s stock valued at $697,000 after acquiring an additional 400 shares during the last quarter. Finally, State of Michigan Retirement System boosted its holdings in shares of Silgan by 1.9% in the 1st quarter. State of Michigan Retirement System now owns 21,100 shares of the industrial products company’s stock valued at $819,000 after acquiring an additional 400 shares during the last quarter. Hedge funds and other institutional investors own 70.25% of the company’s stock.

Silgan Price Performance

Shares of NYSE SLGN opened at $39.31 on Monday. The company has a debt-to-equity ratio of 1.54, a current ratio of 1.27 and a quick ratio of 0.80. The stock has a market capitalization of $4.15 billion, a price-to-earnings ratio of 15.41, a PEG ratio of 2.29 and a beta of 0.67. The firm’s 50 day simple moving average is $38.57 and its 200-day simple moving average is $40.46. Silgan Holdings Inc. has a 12 month low of $33.70 and a 12 month high of $49.55.

Silgan (NYSE:SLGN) last posted its earnings results on Wednesday, July 29th. The industrial products company reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.96 by $0.02. Silgan had a net margin of 4.05% and a return on equity of 16.74%. The firm had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.62 billion. During the same period in the previous year, the business posted $1.01 EPS. The business’s revenue was up 6.8% compared to the same quarter last year. Silgan has set its FY 2026 guidance at 3.730-3.930 EPS and its Q3 2026 guidance at 1.210-1.310 EPS. Analysts expect that Silgan Holdings Inc. will post 3.81 EPS for the current year.

Silgan Dividend Announcement

The company 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 of this dividend was Tuesday, September 1st. This represents a $0.84 dividend on an annualized basis and a yield of 2.1%. Silgan’s payout ratio is presently 32.94%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Truist Financial set a $45.00 price objective on shares of Silgan and gave the stock a “buy” rating in a research note on Monday, October 12th. Weiss Ratings cut shares of Silgan from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, October 13th. Bank of America boosted their target price on shares of Silgan from $53.00 to $58.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th. Citigroup lowered their price target on shares of Silgan from $54.00 to $49.00 and set a “buy” rating on the stock in a report on Friday, October 2nd. Finally, UBS Group set a $38.00 price target on Silgan and gave the stock a “neutral” rating in a research report on Monday, October 5th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $50.40.

Silgan Company Profile

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.