5,574 Shares in Silgan Holdings Inc. $SLGN Acquired by MQS Management LLC

MQS Management LLC bought a new position in shares of Silgan Holdings Inc. (NYSE:SLGN) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 5,574 shares of the industrial products company’s stock, valued at approximately $302,000.

A number of other large investors also recently modified their holdings of SLGN. Caitong International Asset Management Co. Ltd increased its position in shares of 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 purchasing an additional 316 shares during the last quarter. Brooklyn Investment Group increased its position in shares of Silgan by 4,394.1% in the 1st quarter. Brooklyn Investment Group now owns 764 shares of the industrial products company’s stock valued at $39,000 after purchasing an additional 747 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Silgan in the 1st quarter valued at approximately $51,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of Silgan in the 1st quarter valued at approximately $54,000. Finally, CX Institutional increased its position in shares of Silgan by 26.2% in the 2nd quarter. CX Institutional now owns 1,044 shares of the industrial products company’s stock valued at $57,000 after purchasing an additional 217 shares during the last quarter. 70.25% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, EVP Robert B. Lewis sold 11,000 shares of the stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $46.70, for a total transaction of $513,700.00. Following the completion of the sale, the executive vice president owned 142,378 shares in the company, valued at $6,649,052.60. This represents a 7.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.13% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

SLGN has been the topic of a number of recent analyst reports. Wells Fargo & Company set a $55.00 price objective on shares of Silgan and gave the company an “overweight” rating in a research report on Wednesday, October 15th. Royal Bank Of Canada dropped their price objective on shares of Silgan from $64.00 to $57.00 and set an “outperform” rating on the stock in a research report on Friday, August 1st. Bank of America raised shares of Silgan from a “neutral” rating to a “buy” rating and increased their target price for the company from $53.00 to $57.00 in a research report on Thursday, August 28th. Raymond James Financial set a $53.00 target price on shares of Silgan and gave the company an “outperform” rating in a research report on Friday, October 17th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Silgan in a research report on Wednesday, October 8th. Nine investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $60.11.

Silgan Stock Up 0.4%

Shares of NYSE:SLGN opened at $44.78 on Tuesday. The stock has a market cap of $4.79 billion, a P/E ratio of 15.93, a P/E/G ratio of 1.39 and a beta of 0.69. The firm has a fifty day moving average price of $44.08 and a 200 day moving average price of $49.78. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.96 and a quick ratio of 0.56. Silgan Holdings Inc. has a 1-year low of $41.29 and a 1-year high of $58.14.

Silgan (NYSE:SLGN) last issued its quarterly earnings results on Wednesday, July 30th. The industrial products company reported $1.01 earnings per share for the quarter, missing analysts’ consensus estimates of $1.03 by ($0.02). The business had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.53 billion. Silgan had a return on equity of 19.98% and a net margin of 4.90%.The firm’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.88 EPS. Silgan has set its Q3 2025 guidance at 1.180-1.280 EPS. FY 2025 guidance at 3.850-4.050 EPS. Sell-side analysts predict that Silgan Holdings Inc. will post 4.11 EPS for the current year.

Silgan Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were paid a dividend of $0.20 per share. The ex-dividend date was Tuesday, September 2nd. This represents a $0.80 dividend on an annualized basis and a yield of 1.8%. Silgan’s dividend payout ratio is currently 28.47%.

About Silgan

Silgan Holdings Inc, together with its subsidiaries, manufactures and sells rigid packaging solutions for consumer goods products in the United States and internationally. It operates through three segments: Dispensing and Specialty Closures, Metal Containers, and Custom Containers. The Dispensing and Specialty Closures segment offers a range of metal and plastic closures, and dispensing systems for food, beverage, health care, garden, home, personal care, beauty products, and hard surface cleaning products, as well as capping/sealing equipment and detection systems.