Allspring Global Investments Holdings LLC Has $81.20 Million Stake in Silgan Holdings Inc. $SLGN

Allspring Global Investments Holdings LLC lowered its position in Silgan Holdings Inc. (NYSE:SLGN) by 20.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,968,534 shares of the industrial products company’s stock after selling 505,848 shares during the period. Allspring Global Investments Holdings LLC owned 1.86% of Silgan worth $81,202,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Measured Wealth Private Client Group LLC bought a new stake in Silgan during the 3rd quarter worth approximately $33,000. EverSource Wealth Advisors LLC boosted its stake in Silgan by 627.2% in the second quarter. EverSource Wealth Advisors LLC now owns 669 shares of the industrial products company’s stock worth $36,000 after purchasing an additional 577 shares in the last quarter. Elevation Point Wealth Partners LLC bought a new stake in shares of Silgan during the second quarter worth $40,000. Quent Capital LLC acquired a new stake in shares of Silgan in the third quarter valued at $49,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Silgan in the first quarter valued at $54,000. 70.25% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

SLGN has been the subject of several research reports. Weiss Ratings restated a “hold (c-)” rating on shares of Silgan in a research report on Monday, December 29th. Raymond James Financial reissued a “market perform” rating on shares of Silgan in a research note on Thursday, January 15th. JPMorgan Chase & Co. raised their price target on shares of Silgan from $44.00 to $53.00 and gave the company an “overweight” rating in a report on Monday, February 9th. UBS Group restated a “neutral” rating and issued a $50.00 price objective (up from $44.00) on shares of Silgan in a research report on Thursday, February 5th. Finally, Citigroup reaffirmed a “buy” rating and set a $56.00 price objective (up from $47.00) on shares of Silgan in a report on Friday, February 6th. Five research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Silgan presently has a consensus rating of “Moderate Buy” and a consensus target price of $52.88.

Silgan Trading Up 2.2%

SLGN opened at $38.71 on Wednesday. The firm has a 50 day simple moving average of $44.37 and a 200 day simple moving average of $42.24. Silgan Holdings Inc. has a fifty-two week low of $36.15 and a fifty-two week high of $57.04. The company has a market cap of $4.08 billion, a price-to-earnings ratio of 14.39, a price-to-earnings-growth ratio of 1.61 and a beta of 0.70. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.22 and a quick ratio of 0.78.

Silgan (NYSE:SLGN) last announced its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.02. The firm had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.46 billion. Silgan had a net margin of 4.45% and a return on equity of 17.94%. The business’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same period last year, the firm earned $0.85 earnings per share. Silgan has set its FY 2026 guidance at 3.700-3.900 EPS and its Q1 2026 guidance at 0.700-0.800 EPS. On average, sell-side analysts anticipate that Silgan Holdings Inc. will post 4.11 earnings per share for the current year.

Silgan Increases Dividend

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

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.