Silgan Holdings Inc. $SLGN Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC lessened its stake in Silgan Holdings Inc. (NYSE:SLGN) by 4.8% in the third quarter, Holdings Channel reports. The fund owned 1,057,515 shares of the industrial products company’s stock after selling 53,761 shares during the quarter. Silgan makes up about 0.6% of Segall Bryant & Hamill LLC’s holdings, making the stock its 28th biggest holding. Segall Bryant & Hamill LLC’s holdings in Silgan were worth $45,484,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. Swiss National Bank lifted its position in shares of Silgan by 4.9% during the second quarter. Swiss National Bank now owns 173,700 shares of the industrial products company’s stock worth $9,411,000 after purchasing an additional 8,100 shares in the last quarter. Campbell & CO Investment Adviser LLC increased its stake in Silgan by 238.4% during the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 69,504 shares of the industrial products company’s stock worth $3,766,000 after buying an additional 48,967 shares during the period. Massachusetts Financial Services Co. MA lifted its holdings in Silgan by 7.2% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 825,057 shares of the industrial products company’s stock worth $35,486,000 after buying an additional 55,288 shares in the last quarter. New York State Common Retirement Fund lifted its holdings in Silgan by 26.9% in the 2nd quarter. New York State Common Retirement Fund now owns 186,194 shares of the industrial products company’s stock worth $10,088,000 after buying an additional 39,496 shares in the last quarter. Finally, Summit Investment Advisors Inc. boosted its position in Silgan by 26.2% in the 1st quarter. Summit Investment Advisors Inc. now owns 42,995 shares of the industrial products company’s stock valued at $2,198,000 after buying an additional 8,938 shares during the last quarter. Hedge funds and other institutional investors own 70.25% of the company’s stock.

Silgan Price Performance

Shares of SLGN opened at $48.59 on Tuesday. Silgan Holdings Inc. has a 52 week low of $36.15 and a 52 week high of $57.04. The company has a current ratio of 1.22, a quick ratio of 0.78 and a debt-to-equity ratio of 1.63. The firm has a market cap of $5.13 billion, a price-to-earnings ratio of 18.06, a PEG ratio of 2.05 and a beta of 0.70. The stock has a 50 day moving average of $44.49 and a 200-day moving average of $42.88.

Silgan (NYSE:SLGN) last announced its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.02. Silgan had a return on equity of 17.94% and a net margin of 4.45%.The firm had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.46 billion. During the same period last year, the business posted $0.85 earnings per share. The firm’s revenue for the quarter was up 4.1% on a year-over-year basis. 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 forecast that Silgan Holdings Inc. will post 4.11 EPS for the current year.

Silgan Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be given a dividend of $0.21 per share. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.7%. This is a boost from Silgan’s previous quarterly dividend of $0.20. Silgan’s payout ratio is currently 29.74%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Silgan in a research report on Monday, December 29th. JPMorgan Chase & Co. raised their price objective on Silgan from $44.00 to $53.00 and gave the company an “overweight” rating in a research note on Monday, February 9th. Zacks Research upgraded Silgan from a “strong sell” rating to a “hold” rating in a report on Monday, December 29th. Wells Fargo & Company increased their target price on Silgan from $52.00 to $55.00 and gave the company an “overweight” rating in a research note on Friday, February 6th. Finally, UBS Group restated a “neutral” rating and issued a $50.00 price target (up from $44.00) on shares of Silgan in a research note on Thursday, February 5th. Five equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $52.88.

Silgan Company 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.