Redwood Investment Management LLC Invests $1.04 Million in Silgan Holdings Inc. $SLGN

Redwood Investment Management LLC purchased a new position in shares of Silgan Holdings Inc. (NYSE:SLGN) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 26,909 shares of the industrial products company’s stock, valued at approximately $1,044,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SLGN. Caitong International Asset Management Co. Ltd lifted its position in Silgan by 2,525.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 735 shares of the industrial products company’s stock worth $30,000 after buying an additional 707 shares in the last quarter. Measured Wealth Private Client Group LLC bought a new position in Silgan in the third quarter valued at approximately $33,000. EverSource Wealth Advisors LLC grew 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 valued at $36,000 after purchasing an additional 577 shares in the last quarter. Danske Bank A S boosted its holdings in shares of 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 buying an additional 700 shares during the last quarter. Finally, Fifth Third Bancorp increased its holdings in Silgan by 37.4% during the fourth quarter. Fifth Third Bancorp now owns 1,084 shares of the industrial products company’s stock worth $44,000 after buying an additional 295 shares during the last quarter. 70.25% of the stock is currently owned by institutional investors and hedge funds.

Silgan Stock Performance

SLGN opened at $41.42 on Tuesday. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.33 and a current ratio of 0.53. Silgan Holdings Inc. has a 52-week low of $35.68 and a 52-week high of $49.55. The firm has a market cap of $4.38 billion, a P/E ratio of 16.24, a price-to-earnings-growth ratio of 2.19 and a beta of 0.66. The business’s fifty day moving average is $42.64 and its 200-day moving average is $42.48.

Silgan (NYSE:SLGN) last issued its earnings results on Wednesday, July 29th. The industrial products company reported $0.98 EPS for the quarter, beating the consensus estimate of $0.96 by $0.02. The company had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.62 billion. Silgan had a net margin of 4.05% and a return on equity of 16.74%. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period in the previous year, the company earned $1.01 EPS. Silgan has set its FY 2026 guidance at 3.730-3.930 EPS and its Q3 2026 guidance at 1.210-1.310 EPS. Sell-side analysts expect that Silgan Holdings Inc. will post 3.8 EPS for the current fiscal year.

Silgan Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were paid a $0.21 dividend. The ex-dividend date was Monday, June 1st. This represents a $0.84 annualized dividend and a dividend yield of 2.0%. Silgan’s dividend payout ratio (DPR) is presently 32.94%.

Analyst Ratings Changes

Several research firms have issued reports on SLGN. BMO Capital Markets assumed coverage on shares of Silgan in a research report on Thursday, July 16th. They set an “outperform” rating and a $57.00 price target on the stock. Royal Bank Of Canada reissued a “sector perform” rating and set a $51.00 price target (up from $49.00) on shares of Silgan in a research report on Thursday, July 9th. Citigroup dropped their price target on Silgan from $56.00 to $54.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $56.00 price target (up from $55.00) on shares of Silgan in a report on Thursday, April 30th. Finally, UBS Group set a $47.00 target price on Silgan and gave the stock a “neutral” rating in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $53.30.

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.