Silgan Holdings Inc. (NYSE:SLGN) Given Consensus Recommendation of “Moderate Buy” by Analysts

Silgan Holdings Inc. (NYSE:SLGN) has earned a consensus recommendation of “Moderate Buy” from the twelve brokerages that are currently covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $55.70.

Several equities analysts have weighed in on the company. Raymond James Financial set a $53.00 price objective on Silgan and gave the company an “outperform” rating in a report on Friday, October 17th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Silgan in a research report on Monday, December 29th. Zacks Research raised Silgan from a “strong sell” rating to a “hold” rating in a report on Monday, December 29th. Citigroup lowered their price objective on Silgan from $60.00 to $49.00 and set a “buy” rating on the stock in a research note on Friday, October 31st. Finally, Wells Fargo & Company cut their target price on shares of Silgan from $55.00 to $52.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th.

Silgan Trading Up 2.2%

NYSE SLGN opened at $41.28 on Monday. The business’s fifty day moving average is $39.60 and its 200-day moving average is $45.03. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.27 and a quick ratio of 0.85. The stock has a market capitalization of $4.36 billion, a price-to-earnings ratio of 14.04, a PEG ratio of 1.51 and a beta of 0.72. Silgan has a one year low of $36.15 and a one year high of $57.61.

Silgan (NYSE:SLGN) last posted its quarterly earnings data on Wednesday, October 29th. The industrial products company reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.21 by $0.01. The business had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $1.94 billion. Silgan had a net margin of 4.91% and a return on equity of 19.47%. The firm’s quarterly revenue was up 15.2% compared to the same quarter last year. During the same quarter last year, the company posted $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. Equities research analysts predict that Silgan will post 4.11 EPS for the current year.

Silgan Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were issued a $0.20 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a $0.80 annualized dividend and a yield of 1.9%. Silgan’s dividend payout ratio (DPR) is 27.21%.

Insiders Place Their Bets

In related news, CAO Kimberly Irene Ulmer acquired 1,000 shares of the firm’s stock in a transaction that occurred on Friday, November 7th. The shares were bought at an average cost of $38.11 per share, for a total transaction of $38,110.00. Following the purchase, the chief accounting officer owned 105,321 shares in the company, valued at $4,013,783.31. This trade represents a 0.96% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Adam J. Greenlee acquired 7,000 shares of the company’s stock in a transaction that occurred on Friday, October 31st. The shares were bought at an average cost of $38.19 per share, for a total transaction of $267,330.00. Following the acquisition, the chief executive officer directly owned 328,164 shares in the company, valued at $12,532,583.16. This represents a 2.18% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 1.13% of the company’s stock.

Institutional Investors Weigh In On Silgan

Several hedge funds and other institutional investors have recently modified their holdings of SLGN. Vident Advisory LLC boosted its position in shares of Silgan by 29.4% in the first quarter. Vident Advisory LLC now owns 5,373 shares of the industrial products company’s stock valued at $275,000 after acquiring an additional 1,220 shares during the period. Royal Bank of Canada lifted its stake in Silgan by 1.2% in the 1st quarter. Royal Bank of Canada now owns 43,734 shares of the industrial products company’s stock worth $2,235,000 after purchasing an additional 510 shares in the last quarter. Adage Capital Partners GP L.L.C. bought a new position in Silgan in the 1st quarter valued at $2,507,000. AQR Capital Management LLC grew its position in shares of Silgan by 94.7% during the 1st quarter. AQR Capital Management LLC now owns 89,117 shares of the industrial products company’s stock valued at $4,477,000 after purchasing an additional 43,338 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of Silgan in the first quarter worth $54,000. 70.25% of the stock is currently owned by institutional investors.

About Silgan

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.