Royce & Associates LP Buys 46,706 Shares of Silgan Holdings Inc. $SLGN

Royce & Associates LP lifted its stake in shares of Silgan Holdings Inc. (NYSE:SLGN) by 6.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 755,611 shares of the industrial products company’s stock after purchasing an additional 46,706 shares during the quarter. Royce & Associates LP’s holdings in Silgan were worth $30,504,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC acquired a new position in Silgan in the 3rd quarter valued at approximately $33,000. EverSource Wealth Advisors LLC increased its position in Silgan by 627.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 669 shares of the industrial products company’s stock valued at $36,000 after acquiring an additional 577 shares during the period. Danske Bank A S increased its position in Silgan by 233.3% in the 4th quarter. Danske Bank A S now owns 1,000 shares of the industrial products company’s stock valued at $40,000 after acquiring an additional 700 shares during the period. Fifth Third Bancorp increased its position 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 during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Silgan in the 1st quarter valued at approximately $54,000. 70.25% of the stock is currently owned by institutional investors and hedge funds.

Silgan Trading Down 0.0%

NYSE:SLGN opened at $37.91 on Tuesday. The firm’s fifty day moving average is $39.63 and its 200-day moving average is $41.49. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.78 and a current ratio of 1.26. Silgan Holdings Inc. has a 52 week low of $36.15 and a 52 week high of $57.04. The firm has a market cap of $4.01 billion, a P/E ratio of 14.25, a P/E/G ratio of 2.17 and a beta of 0.74.

Silgan (NYSE:SLGN) last posted its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.78 EPS for the quarter, beating analysts’ consensus estimates of $0.74 by $0.04. Silgan had a net margin of 4.31% and a return on equity of 17.22%. The company had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.51 billion. During the same period in the prior year, the firm posted $0.69 EPS. The company’s quarterly revenue was up 6.4% on a year-over-year basis. Silgan has set its Q2 2026 guidance at 0.920-1.020 EPS and its FY 2026 guidance at 3.730-3.930 EPS. Equities analysts expect that Silgan Holdings Inc. will post 3.78 earnings per share for the current year.

Silgan Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Monday, June 1st. Silgan’s dividend payout ratio is currently 31.58%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on SLGN shares. UBS Group decreased their price target on shares of Silgan from $46.00 to $44.00 and set a “neutral” rating for the company in a research report on Tuesday, May 5th. Weiss Ratings cut shares of Silgan from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, April 24th. Deutsche Bank Aktiengesellschaft started coverage on shares of Silgan in a research report on Wednesday, April 1st. They issued a “buy” rating and a $52.00 price target for the company. JPMorgan Chase & Co. decreased their price target on shares of Silgan from $53.00 to $47.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. Finally, Truist Financial decreased their price target on shares of Silgan from $54.00 to $52.00 and set a “buy” rating for the company in a research report on Thursday, April 30th. Six equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, Silgan currently has a consensus rating of “Moderate Buy” and an average target price of $51.56.

Silgan 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.