Analysts Set Silgan Holdings Inc. (NYSE:SLGN) Price Target at $52.33

Silgan Holdings Inc. (NYSE:SLGN) has received an average recommendation of “Moderate Buy” from the eleven ratings firms that are covering the company, Marketbeat Ratings reports. Five analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $52.6667.

Several brokerages have recently issued reports on SLGN. JPMorgan Chase & Co. increased their price objective on Silgan from $44.00 to $53.00 and gave the company an “overweight” rating in a research note on Monday, February 9th. UBS Group set a $46.00 price target on Silgan and gave the company a “neutral” rating in a research report on Friday, April 10th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Silgan in a research note on Monday, December 29th. Raymond James Financial reissued a “market perform” rating on shares of Silgan in a research report on Thursday, January 15th. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a $48.00 target price on shares of Silgan in a research note on Friday.

Silgan Stock Up 2.9%

Shares of SLGN opened at $42.00 on Wednesday. The company’s 50-day simple moving average is $43.42 and its 200-day simple moving average is $42.07. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.78 and a current ratio of 1.22. Silgan has a 1 year low of $36.15 and a 1 year high of $57.04. The stock has a market capitalization of $4.43 billion, a PE ratio of 15.61, a P/E/G ratio of 2.46 and a beta of 0.75.

Silgan (NYSE:SLGN) last announced its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $0.67 earnings per share for the quarter, beating 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 quarter in the previous year, the business posted $0.85 earnings per share. The business’s quarterly revenue was up 4.1% compared to the same quarter last year. Silgan has set its FY 2026 guidance at 3.700-3.900 EPS and its Q1 2026 guidance at 0.700-0.800 EPS. Analysts forecast that Silgan will post 4.11 earnings per share for the current fiscal year.

Silgan Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th were given a $0.21 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.0%. This is a boost from Silgan’s previous quarterly dividend of $0.20. Silgan’s payout ratio is currently 31.23%.

Hedge Funds Weigh In On Silgan

A number of institutional investors and hedge funds have recently modified their holdings of SLGN. JPMorgan Chase & Co. raised its stake in Silgan by 22.1% in the fourth quarter. JPMorgan Chase & Co. now owns 9,274,095 shares of the industrial products company’s stock valued at $374,395,000 after buying an additional 1,676,760 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Silgan by 0.5% during the 3rd quarter. Vanguard Group Inc. now owns 8,927,750 shares of the industrial products company’s stock worth $383,983,000 after acquiring an additional 47,196 shares in the last quarter. Wellington Management Group LLP raised its position in shares of Silgan by 25.8% during the 3rd quarter. Wellington Management Group LLP now owns 5,604,993 shares of the industrial products company’s stock worth $241,071,000 after acquiring an additional 1,148,044 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Silgan by 17.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 4,387,955 shares of the industrial products company’s stock worth $177,144,000 after buying an additional 647,558 shares during the period. Finally, State Street Corp grew its holdings in shares of Silgan by 0.7% during the second quarter. State Street Corp now owns 3,646,093 shares of the industrial products company’s stock worth $197,545,000 after buying an additional 23,734 shares during the last quarter. 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.