Silgan Holdings Inc. (NYSE:SLGN) Receives $52.88 Consensus Price Target from Brokerages

Shares of Silgan Holdings Inc. (NYSE:SLGN) have received an average recommendation of “Moderate Buy” from the ten ratings firms that are currently covering the company, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $52.8750.

SLGN has been the subject of a number of research analyst reports. UBS Group restated a “neutral” rating and set a $50.00 price objective (up from $44.00) on shares of Silgan in a report on Thursday, February 5th. Royal Bank Of Canada reissued a “sector perform” rating and set a $49.00 price target (up from $43.00) on shares of Silgan in a report on Thursday, February 5th. Raymond James Financial reaffirmed a “market perform” rating on shares of Silgan in a report on Thursday, January 15th. JPMorgan Chase & Co. increased their price objective on Silgan from $44.00 to $53.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Finally, Citigroup reissued a “buy” rating and set a $56.00 target price (up from $47.00) on shares of Silgan in a report on Friday, February 6th.

Silgan Price Performance

Shares of SLGN opened at $38.52 on Friday. The company’s 50-day moving average is $44.85 and its 200-day moving average is $42.49. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.22 and a quick ratio of 0.78. The firm has a market capitalization of $4.06 billion, a PE ratio of 14.32, a PEG ratio of 1.62 and a beta of 0.70. Silgan has a fifty-two week low of $36.15 and a fifty-two week high of $57.04.

Silgan (NYSE:SLGN) last announced its earnings results on Wednesday, February 4th. The industrial products company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.65 by $0.02. Silgan had a net margin of 4.45% and a return on equity of 17.94%. The business had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.46 billion. Silgan’s revenue was up 4.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.85 EPS. 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 forecast that Silgan will post 4.11 EPS for the current year.

Silgan Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be paid a $0.21 dividend. This is a positive change from Silgan’s previous quarterly dividend of $0.20. The ex-dividend date is Tuesday, March 17th. This represents a $0.84 annualized dividend and a yield of 2.2%. Silgan’s dividend payout ratio is presently 31.23%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Envestnet Portfolio Solutions Inc. raised its position in shares of Silgan by 1.3% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 17,441 shares of the industrial products company’s stock valued at $704,000 after buying an additional 221 shares in the last quarter. Inspire Advisors LLC grew its position in Silgan by 4.5% during the fourth quarter. Inspire Advisors LLC now owns 5,123 shares of the industrial products company’s stock worth $207,000 after buying an additional 221 shares in the last quarter. Yousif Capital Management LLC increased its stake in Silgan by 1.0% during the 3rd quarter. Yousif Capital Management LLC now owns 27,578 shares of the industrial products company’s stock worth $1,186,000 after acquiring an additional 262 shares during the period. Verdence Capital Advisors LLC raised its holdings in Silgan by 2.5% in the 4th quarter. Verdence Capital Advisors LLC now owns 11,285 shares of the industrial products company’s stock valued at $456,000 after acquiring an additional 278 shares in the last quarter. Finally, Fifth Third Bancorp raised its holdings in Silgan by 37.4% in the 4th quarter. Fifth Third Bancorp now owns 1,084 shares of the industrial products company’s stock valued at $44,000 after acquiring an additional 295 shares in the last quarter. 70.25% of the stock is 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.