Silgan Holdings Inc. (NYSE:SLGN – Get Free Report) has earned an average rating of “Moderate Buy” from the ten analysts that are presently covering the firm, Marketbeat.com reports. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $52.8750.
A number of research analysts have recently commented on the company. Wells Fargo & Company increased their price objective on Silgan from $52.00 to $55.00 and gave the company an “overweight” rating in a report on Friday, February 6th. Citigroup reiterated a “buy” rating and set a $56.00 price target (up previously from $47.00) on shares of Silgan in a report on Friday, February 6th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $49.00 price target (up previously from $43.00) on shares of Silgan in a research report on Thursday, February 5th. Raymond James Financial reaffirmed a “market perform” rating on shares of Silgan in a report on Thursday, January 15th. Finally, Truist Financial set a $50.00 target price on shares of Silgan and gave the company a “buy” rating in a research note on Tuesday, January 6th.
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Silgan Stock Performance
Silgan (NYSE:SLGN – Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.02. Silgan had a net margin of 4.45% and a return on equity of 17.94%. The firm had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.46 billion. During the same period in the prior year, the company posted $0.85 earnings per share. Silgan’s revenue for the quarter was up 4.1% on a year-over-year basis. Silgan has set its FY 2026 guidance at 3.700-3.900 EPS and its Q1 2026 guidance at 0.700-0.800 EPS. Equities analysts expect that Silgan will post 4.11 EPS for the current fiscal year.
Hedge Funds Weigh In On Silgan
Several large investors have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd grew its holdings in Silgan by 174.6% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 497 shares of the industrial products company’s stock valued at $27,000 after buying an additional 316 shares during the last quarter. Measured Wealth Private Client Group LLC bought a new stake in shares of Silgan in the third quarter valued at approximately $33,000. Hantz Financial Services Inc. grew its stake in shares of Silgan by 359.4% in the second quarter. Hantz Financial Services Inc. now owns 634 shares of the industrial products company’s stock worth $34,000 after acquiring an additional 496 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in Silgan by 627.2% during the second quarter. EverSource Wealth Advisors LLC now owns 669 shares of the industrial products company’s stock worth $36,000 after acquiring an additional 577 shares during the period. Finally, Elevation Point Wealth Partners LLC acquired a new position in Silgan during the 2nd quarter valued at $40,000. Institutional investors and hedge funds own 70.25% of the company’s stock.
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.
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