Silgan Holdings Inc. $SLGN Position Increased by AlphaQuest LLC

AlphaQuest LLC lifted its holdings in Silgan Holdings Inc. (NYSE:SLGNFree Report) by 352.4% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 14,119 shares of the industrial products company’s stock after buying an additional 10,998 shares during the quarter. AlphaQuest LLC’s holdings in Silgan were worth $607,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of SLGN. Caitong International Asset Management Co. Ltd lifted its holdings in Silgan by 174.6% in the second quarter. Caitong International Asset Management Co. Ltd now owns 497 shares of the industrial products company’s stock worth $27,000 after acquiring an additional 316 shares during the last quarter. Hantz Financial Services Inc. raised its position in shares of Silgan by 359.4% during the 2nd quarter. Hantz Financial Services Inc. now owns 634 shares of the industrial products company’s stock worth $34,000 after purchasing an additional 496 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in shares of Silgan by 627.2% in the 2nd 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 during the last quarter. Elevation Point Wealth Partners LLC acquired a new position in Silgan during the 2nd quarter valued at approximately $40,000. Finally, Quent Capital LLC bought a new position in Silgan during the 3rd quarter worth $49,000. Institutional investors own 70.25% of the company’s stock.

Silgan Trading Up 9.6%

Shares of NYSE:SLGN opened at $47.97 on Thursday. The company has a 50 day moving average of $41.35 and a 200-day moving average of $43.12. The company has a current ratio of 1.27, a quick ratio of 0.85 and a debt-to-equity ratio of 1.68. The firm has a market cap of $5.07 billion, a P/E ratio of 16.32, a P/E/G ratio of 1.94 and a beta of 0.72. Silgan Holdings Inc. has a twelve month low of $36.15 and a twelve month high of $57.04.

Silgan (NYSE:SLGNGet Free Report) last released its earnings results on Wednesday, February 4th. The industrial products company reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.65 by $0.02. The firm had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.46 billion. Silgan had a return on equity of 19.47% and a net margin of 4.91%.The firm’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $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. As a group, analysts anticipate that Silgan Holdings Inc. will post 4.11 earnings per share for the current fiscal year.

More Silgan News

Here are the key news stories impacting Silgan this week:

Insiders Place Their Bets

In other news, CAO Kimberly Irene Ulmer bought 1,000 shares of the stock in a transaction that occurred on Friday, November 7th. The shares were purchased at an average cost of $38.11 per share, with a total value of $38,110.00. Following the completion of the acquisition, the chief accounting officer directly owned 105,321 shares in the company, valued at approximately $4,013,783.31. The trade was a 0.96% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.13% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on SLGN shares. Royal Bank Of Canada cut Silgan from an “outperform” rating to a “sector perform” rating and cut their target price for the company from $49.00 to $43.00 in a research note on Thursday, January 15th. Truist Financial set a $50.00 price objective on shares of Silgan and gave the company a “buy” rating in a research report on Tuesday, January 6th. Zacks Research upgraded shares of Silgan from a “strong sell” rating to a “hold” rating in a research report on Monday, December 29th. UBS Group reaffirmed a “neutral” rating and set a $44.00 price target (up previously from $42.00) on shares of Silgan in a report on Monday, January 12th. Finally, Wells Fargo & Company decreased their price objective on Silgan from $55.00 to $52.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. Five analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $50.38.

Read Our Latest Stock Report on SLGN

About Silgan

(Free Report)

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.

Featured Articles

Institutional Ownership by Quarter for Silgan (NYSE:SLGN)

Receive News & Ratings for Silgan Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Silgan and related companies with MarketBeat.com's FREE daily email newsletter.