Vanguard Personalized Indexing Management LLC Buys 1,424 Shares of Silgan Holdings Inc. $SLGN

Vanguard Personalized Indexing Management LLC boosted its stake in Silgan Holdings Inc. (NYSE:SLGN) by 15.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,478 shares of the industrial products company’s stock after acquiring an additional 1,424 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Silgan were worth $568,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Silgan during the 1st quarter worth about $51,000. Zurich Insurance Group Ltd FI acquired a new position in shares of Silgan during the 1st quarter worth about $1,258,000. M&T Bank Corp boosted its stake in shares of Silgan by 6.9% during the 1st quarter. M&T Bank Corp now owns 18,135 shares of the industrial products company’s stock worth $927,000 after buying an additional 1,165 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Silgan by 13.4% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 6,903 shares of the industrial products company’s stock worth $353,000 after buying an additional 815 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its stake in shares of Silgan by 1.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 49,933 shares of the industrial products company’s stock worth $2,553,000 after buying an additional 695 shares during the last quarter. 70.25% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently commented on SLGN shares. Royal Bank Of Canada reduced their price objective on shares of Silgan from $64.00 to $57.00 and set an “outperform” rating for the company in a research note on Friday, August 1st. Raymond James Financial set a $53.00 price objective on shares of Silgan and gave the stock an “outperform” rating in a research note on Friday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Silgan in a report on Wednesday, October 8th. Wells Fargo & Company set a $55.00 target price on shares of Silgan and gave the company an “overweight” rating in a report on Wednesday, October 15th. Finally, Truist Financial dropped their target price on shares of Silgan from $67.00 to $62.00 and set a “buy” rating on the stock in a report on Monday, October 13th. Nine equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $60.11.

Silgan Stock Up 1.5%

Shares of SLGN stock opened at $44.21 on Wednesday. The stock has a market cap of $4.73 billion, a price-to-earnings ratio of 15.73, a PEG ratio of 1.36 and a beta of 0.69. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.56 and a current ratio of 0.96. Silgan Holdings Inc. has a 52-week low of $41.29 and a 52-week high of $58.14. The firm’s 50-day moving average is $44.24 and its 200-day moving average is $49.81.

Silgan (NYSE:SLGN) last released its quarterly earnings results on Wednesday, July 30th. The industrial products company reported $1.01 earnings per share for the quarter, missing the consensus estimate of $1.03 by ($0.02). The company had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.53 billion. Silgan had a net margin of 4.90% and a return on equity of 19.98%. The firm’s revenue was up 11.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.88 earnings per share. Silgan has set its Q3 2025 guidance at 1.180-1.280 EPS. FY 2025 guidance at 3.850-4.050 EPS. Sell-side analysts predict that Silgan Holdings Inc. will post 4.11 EPS for the current year.

Silgan Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Tuesday, September 2nd. Silgan’s dividend payout ratio is currently 28.47%.

Insiders Place Their Bets

In other Silgan news, EVP Robert B. Lewis sold 11,000 shares of the stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $46.70, for a total value of $513,700.00. Following the transaction, the executive vice president directly owned 142,378 shares of the company’s stock, valued at $6,649,052.60. This represents a 7.17% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.13% of the stock is currently owned by corporate insiders.

Silgan Profile

Silgan Holdings Inc, together with its subsidiaries, manufactures and sells rigid packaging solutions for consumer goods products in the United States and internationally. It operates through three segments: Dispensing and Specialty Closures, Metal Containers, and Custom Containers. The Dispensing and Specialty Closures segment offers a range of metal and plastic closures, and dispensing systems for food, beverage, health care, garden, home, personal care, beauty products, and hard surface cleaning products, as well as capping/sealing equipment and detection systems.