Silgan Holdings Inc. (NYSE:SLGN) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Silgan Holdings Inc. (NYSE:SLGN) has received a consensus recommendation of “Moderate Buy” from the twelve analysts that are covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation, eight have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $54.00.

Several research firms have recently commented on SLGN. Weiss Ratings raised shares of Silgan from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, July 15th. Royal Bank Of Canada upgraded Silgan from a “sector perform” rating to an “outperform” rating and increased their price objective for the stock from $51.00 to $58.00 in a research report on Thursday, August 13th. BMO Capital Markets assumed coverage on Silgan in a research report on Thursday, July 16th. They issued an “outperform” rating and a $57.00 target price on the stock. Raymond James Financial reaffirmed an “outperform” rating and issued a $59.00 price target on shares of Silgan in a research note on Wednesday, July 15th. Finally, UBS Group set a $47.00 price target on Silgan and gave the stock a “neutral” rating in a report on Thursday, July 30th.

Silgan Trading Up 0.3%

Shares of SLGN opened at $38.68 on Friday. Silgan has a 12-month low of $35.68 and a 12-month high of $49.55. The firm has a market capitalization of $4.09 billion, a P/E ratio of 15.17, a P/E/G ratio of 2.24 and a beta of 0.68. The firm has a 50-day moving average price of $42.83 and a 200 day moving average price of $41.65. The company has a current ratio of 1.27, a quick ratio of 0.80 and a debt-to-equity ratio of 1.54.

Silgan (NYSE:SLGN) last posted its earnings results on Wednesday, July 29th. The industrial products company reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.02. Silgan had a net margin of 4.05% and a return on equity of 16.74%. The company had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.62 billion. During the same period in the previous year, the business posted $1.01 EPS. Silgan’s revenue was up 6.8% on a year-over-year basis. 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 forecast that Silgan will post 3.82 EPS for the current year.

Silgan Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Tuesday, September 1st. Silgan’s dividend payout ratio (DPR) is 32.94%.

Hedge Funds Weigh In On Silgan

Several large investors have recently made changes to their positions in SLGN. Allworth Financial LP purchased a new position in shares of Silgan during the 2nd quarter worth approximately $28,000. Keating Financial Advisory Services Inc. purchased a new stake in Silgan in the second quarter valued at approximately $28,000. Parkside Financial Bank & Trust lifted its stake in Silgan by 105.6% during the second quarter. Parkside Financial Bank & Trust now owns 627 shares of the industrial products company’s stock worth $29,000 after purchasing an additional 322 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of Silgan by 627.2% during the second quarter. EverSource Wealth Advisors LLC now owns 669 shares of the industrial products company’s stock worth $36,000 after buying an additional 577 shares during the period. Finally, Integrated Wealth Concepts LLC purchased a new position in shares of Silgan during the second quarter worth $33,000. 70.25% of the stock is currently owned by institutional investors and hedge funds.

Silgan Company Profile

Silgan Holdings Inc is a manufacturer of rigid packaging products serving consumer goods companies in North America, Europe and other international markets. The company’s packaging is used for food, beverages, household products, personal care items, health care products, chemicals and other consumer and industrial applications.

Silgan operates through three principal business areas: metal containers, dispensing and specialty closures, and custom containers. Its products include steel and aluminum cans for food and general-line applications, aerosol containers, plastic containers, metal and plastic closures, dispensing systems, and custom-molded plastic packaging.