Silgan Holdings Inc. $SLGN Shares Sold by Dean Capital Management

Dean Capital Management cut its position in Silgan Holdings Inc. (NYSE:SLGNFree Report) by 54.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,846 shares of the industrial products company’s stock after selling 13,109 shares during the quarter. Dean Capital Management’s holdings in Silgan were worth $466,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SLGN. EverSource Wealth Advisors LLC lifted its holdings in Silgan by 627.2% in the 2nd 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 in the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in shares of Silgan during the second quarter valued at about $40,000. Quent Capital LLC purchased a new stake in shares of Silgan during the third quarter worth about $49,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of Silgan during the first quarter worth about $54,000. Finally, Hantz Financial Services Inc. lifted its stake in shares of Silgan by 131.7% in the third quarter. Hantz Financial Services Inc. now owns 1,469 shares of the industrial products company’s stock worth $63,000 after acquiring an additional 835 shares in the last quarter. Hedge funds and other institutional investors own 70.25% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Zacks Research raised Silgan from a “strong sell” rating to a “hold” rating in a report on Monday, December 29th. Raymond James Financial reaffirmed a “market perform” rating on shares of Silgan in a research report on Thursday, January 15th. UBS Group reiterated a “neutral” rating and set a $50.00 target price (up from $44.00) on shares of Silgan in a research note on Thursday, February 5th. Weiss Ratings reissued a “hold (c-)” rating on shares of Silgan in a research report on Monday, December 29th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $49.00 price target (up from $43.00) on shares of Silgan in a report on Thursday, February 5th. Five research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Silgan has a consensus rating of “Moderate Buy” and a consensus price target of $52.88.

Read Our Latest Research Report on Silgan

Silgan Stock Up 1.6%

Shares of Silgan stock opened at $41.64 on Monday. The business has a 50-day moving average price of $45.08 and a 200 day moving average price of $42.74. Silgan Holdings Inc. has a fifty-two week low of $36.15 and a fifty-two week high of $57.04. The firm has a market cap of $4.39 billion, a P/E ratio of 15.48, a P/E/G ratio of 1.77 and a beta of 0.70. The company has a quick ratio of 0.78, a current ratio of 1.22 and a debt-to-equity ratio of 1.63.

Silgan (NYSE:SLGNGet Free Report) last issued its earnings results on Wednesday, February 4th. The industrial products company reported $0.67 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 company had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.46 billion. During the same quarter last year, the firm earned $0.85 EPS. The business’s revenue 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. On average, sell-side analysts forecast that Silgan Holdings Inc. will post 4.11 earnings per share for the current fiscal year.

Silgan Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be issued a $0.21 dividend. This is a boost from Silgan’s previous quarterly dividend of $0.20. This represents a $0.84 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Tuesday, March 17th. Silgan’s dividend payout ratio is presently 29.74%.

Silgan Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Silgan (NYSE:SLGN)

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