Vanguard Group Inc. Boosts Stock Position in Silgan Holdings Inc. $SLGN

Vanguard Group Inc. increased its position in shares of Silgan Holdings Inc. (NYSE:SLGN) by 0.5% during the 3rd quarter, Holdings Channel.com reports. The fund owned 8,927,750 shares of the industrial products company’s stock after acquiring an additional 47,196 shares during the period. Vanguard Group Inc. owned 0.08% of Silgan worth $383,983,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Northwestern Mutual Investment Management Company LLC increased its stake in Silgan by 9.0% during the third quarter. Northwestern Mutual Investment Management Company LLC now owns 19,794 shares of the industrial products company’s stock worth $851,000 after purchasing an additional 1,638 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of Silgan by 31.6% in the third quarter. JPMorgan Chase & Co. now owns 7,597,335 shares of the industrial products company’s stock valued at $326,761,000 after purchasing an additional 1,822,797 shares in the last quarter. State of New Jersey Common Pension Fund D increased its stake in Silgan by 29.6% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 45,991 shares of the industrial products company’s stock worth $1,978,000 after buying an additional 10,508 shares during the period. PNC Financial Services Group Inc. lifted its holdings in Silgan by 4.9% during the 3rd quarter. PNC Financial Services Group Inc. now owns 9,983 shares of the industrial products company’s stock worth $429,000 after buying an additional 466 shares in the last quarter. Finally, Skylands Capital LLC purchased a new position in Silgan in the 3rd quarter valued at approximately $1,641,000. 70.25% of the stock is owned by institutional investors and hedge funds.

Silgan Stock Down 0.9%

Shares of NYSE SLGN opened at $47.46 on Friday. The business has a 50-day moving average of $44.20 and a two-hundred day moving average of $42.92. The company has a market capitalization of $5.02 billion, a price-to-earnings ratio of 17.64, a price-to-earnings-growth ratio of 2.04 and a beta of 0.72. Silgan Holdings Inc. has a 1 year low of $36.15 and a 1 year high of $57.04. The company has a debt-to-equity ratio of 1.68, a current ratio of 0.49 and a quick ratio of 0.31.

Silgan (NYSE:SLGN) last released its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.65 by $0.02. The business had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.46 billion. Silgan had a return on equity of 17.94% and a net margin of 4.45%.The business’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.85 EPS. Silgan has set its FY 2026 guidance at 3.700-3.900 EPS and its Q1 2026 guidance at 0.700-0.800 EPS. On average, analysts forecast that Silgan Holdings Inc. will post 4.11 earnings per share for the current fiscal year.

Silgan Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th will be given a dividend of $0.21 per share. The ex-dividend date is Tuesday, March 17th. This represents a $0.84 annualized dividend and a dividend yield of 1.8%. This is a boost from Silgan’s previous quarterly dividend of $0.20. Silgan’s payout ratio is presently 29.74%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on SLGN shares. Wells Fargo & Company upped their price objective on Silgan from $52.00 to $55.00 and gave the stock an “overweight” rating in a research report on Friday, February 6th. JPMorgan Chase & Co. upped their price target on Silgan from $44.00 to $53.00 and gave the stock an “overweight” rating in a report on Monday, February 9th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Silgan in a research report on Monday, December 29th. UBS Group reissued a “neutral” rating and set a $50.00 price objective (up from $44.00) on shares of Silgan in a research report on Thursday, February 5th. Finally, Citigroup restated a “buy” rating and set a $56.00 target price (up from $47.00) on shares of Silgan in a research note on Friday, February 6th. Five equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Silgan currently has an average rating of “Moderate Buy” and a consensus target price of $52.88.

About Silgan

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.