Silgan Holdings Inc. $SLGN Shares Sold by Franklin Resources Inc.

Franklin Resources Inc. trimmed its holdings in shares of Silgan Holdings Inc. (NYSE:SLGN) by 23.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 65,371 shares of the industrial products company’s stock after selling 20,306 shares during the period. Franklin Resources Inc. owned approximately 0.06% of Silgan worth $3,542,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of SLGN. Vaughan Nelson Investment Management L.P. acquired a new position in Silgan during the 2nd quarter valued at about $61,303,000. William Blair Investment Management LLC bought a new position in shares of Silgan in the second quarter valued at approximately $29,053,000. Wellington Management Group LLP increased its stake in shares of Silgan by 18.5% during the first quarter. Wellington Management Group LLP now owns 2,868,870 shares of the industrial products company’s stock valued at $146,657,000 after acquiring an additional 448,828 shares during the period. Nuveen LLC bought a new stake in Silgan during the first quarter worth approximately $15,638,000. Finally, Dimensional Fund Advisors LP raised its holdings in Silgan by 8.2% during the first quarter. Dimensional Fund Advisors LP now owns 3,312,590 shares of the industrial products company’s stock worth $169,334,000 after purchasing an additional 250,577 shares in the last quarter. Institutional investors and hedge funds own 70.25% of the company’s stock.

Silgan Stock Performance

Shares of Silgan stock opened at $39.26 on Wednesday. The stock has a market cap of $4.15 billion, a PE ratio of 13.35, a price-to-earnings-growth ratio of 1.27 and a beta of 0.74. The business has a fifty day simple moving average of $40.97 and a 200-day simple moving average of $47.37. The company has a quick ratio of 0.56, a current ratio of 0.50 and a debt-to-equity ratio of 1.40. Silgan Holdings Inc. has a 12 month low of $36.15 and a 12 month high of $57.61.

Silgan (NYSE:SLGN) last posted its quarterly earnings results on Wednesday, October 29th. The industrial products company reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.01. The firm had revenue of $2.01 billion for the quarter, compared to analyst estimates of $1.94 billion. Silgan had a return on equity of 19.47% and a net margin of 4.91%.Silgan’s quarterly revenue was up 15.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.21 earnings per share. Silgan has set its Q4 2025 guidance at 0.620-0.72 EPS and its FY 2025 guidance at 3.660-3.76 EPS. On average, sell-side analysts anticipate that Silgan Holdings Inc. will post 4.11 EPS for the current fiscal year.

Silgan Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 1st will be given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Monday, December 1st. Silgan’s dividend payout ratio is 27.21%.

Insider Activity at Silgan

In related news, CAO Kimberly Irene Ulmer purchased 1,000 shares of the stock in a transaction dated Friday, November 7th. The shares were acquired at an average cost of $38.11 per share, for a total transaction of $38,110.00. Following the acquisition, the chief accounting officer directly owned 105,321 shares in the company, valued at approximately $4,013,783.31. The trade was a 0.96% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Adam J. Greenlee acquired 7,000 shares of the business’s stock in a transaction that occurred on Friday, October 31st. The shares were purchased at an average price of $38.19 per share, with a total value of $267,330.00. Following the completion of the acquisition, the chief executive officer owned 328,164 shares of the company’s stock, valued at $12,532,583.16. This represents a 2.18% increase in their position. The disclosure for this purchase is available in the SEC filing. Company insiders own 1.13% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on SLGN. UBS Group assumed coverage on Silgan in a research report on Monday, November 24th. They set a “neutral” rating and a $42.00 price target on the stock. Wells Fargo & Company decreased their target price on Silgan from $55.00 to $52.00 and set an “overweight” rating for the company in a research note on Thursday, October 30th. Truist Financial dropped their price target on shares of Silgan from $62.00 to $53.00 and set a “buy” rating on the stock in a research report on Thursday, October 30th. Weiss Ratings reissued a “hold (c)” rating on shares of Silgan in a report on Wednesday, October 8th. Finally, Bank of America upgraded shares of Silgan from a “neutral” rating to a “buy” rating and raised their price objective for the company from $53.00 to $57.00 in a research report on Thursday, August 28th. Nine equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $55.70.

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.