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

Silgan Holdings Inc. (NYSE:SLGN) has received an average recommendation of “Moderate Buy” from the eleven analysts that are covering the firm, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $51.5556.

A number of equities analysts have recently commented on the stock. Raymond James Financial reaffirmed a “market perform” rating on shares of Silgan in a research report on Thursday, January 15th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Silgan in a research report on Wednesday, April 1st. They set a “buy” rating and a $52.00 target price on the stock. Citigroup reduced their target price on shares of Silgan from $56.00 to $54.00 and set a “buy” rating on the stock in a research report on Thursday, April 30th. Wells Fargo & Company reiterated an “overweight” rating and set a $56.00 price objective (up from $55.00) on shares of Silgan in a research note on Thursday, April 30th. Finally, Truist Financial dropped their price objective on shares of Silgan from $54.00 to $52.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th.

Silgan Stock Performance

Shares of NYSE:SLGN opened at $40.27 on Friday. The firm has a market cap of $4.26 billion, a PE ratio of 15.14, a price-to-earnings-growth ratio of 2.30 and a beta of 0.74. The firm’s 50 day simple moving average is $41.37 and its 200-day simple moving average is $41.80. Silgan has a one year low of $36.15 and a one year high of $57.04. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.30 and a current ratio of 1.26.

Silgan (NYSE:SLGN) last issued its earnings results on Wednesday, April 29th. The industrial products company reported $0.78 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.04. The business had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.51 billion. Silgan had a net margin of 4.31% and a return on equity of 17.22%. The company’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same period last year, the company posted $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. As a group, equities analysts predict that Silgan will post 3.78 EPS for the current year.

Silgan Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th were paid a dividend of $0.21 per share. This is a boost from Silgan’s previous quarterly dividend of $0.20. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date was Tuesday, March 17th. Silgan’s payout ratio is 31.58%.

Hedge Funds Weigh In On Silgan

A number of hedge funds and other institutional investors have recently modified their holdings of SLGN. Caitong International Asset Management Co. Ltd boosted its stake in shares of Silgan by 2,525.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 735 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 707 shares in the last quarter. Measured Wealth Private Client Group LLC bought a new position in shares of Silgan during the third quarter valued at approximately $33,000. EverSource Wealth Advisors LLC boosted its stake in shares of Silgan by 627.2% during the second quarter. EverSource Wealth Advisors LLC now owns 669 shares of the industrial products company’s stock valued at $36,000 after purchasing an additional 577 shares in the last quarter. Danske Bank A S boosted its stake in shares of Silgan by 233.3% during the fourth quarter. Danske Bank A S now owns 1,000 shares of the industrial products company’s stock valued at $40,000 after purchasing an additional 700 shares in the last quarter. Finally, Fifth Third Bancorp boosted its stake in shares of Silgan by 37.4% during the fourth quarter. Fifth Third Bancorp now owns 1,084 shares of the industrial products company’s stock valued at $44,000 after purchasing an additional 295 shares in the last quarter. 70.25% of the stock is currently owned by institutional investors.

Silgan Company 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.