SG Americas Securities LLC Has $7.40 Million Stock Position in Silgan Holdings Inc. $SLGN

SG Americas Securities LLC lessened its stake in shares of Silgan Holdings Inc. (NYSE:SLGN) by 83.8% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 190,755 shares of the industrial products company’s stock after selling 984,483 shares during the period. SG Americas Securities LLC’s holdings in Silgan were worth $7,401,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. JPMorgan Chase & Co. boosted its holdings in shares of Silgan by 22.1% during the 4th quarter. JPMorgan Chase & Co. now owns 9,274,095 shares of the industrial products company’s stock valued at $374,395,000 after acquiring an additional 1,676,760 shares in the last quarter. Wellington Management Group LLP increased its holdings in Silgan by 25.8% in the 3rd quarter. Wellington Management Group LLP now owns 5,604,993 shares of the industrial products company’s stock worth $241,071,000 after purchasing an additional 1,148,044 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Silgan by 17.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 4,387,955 shares of the industrial products company’s stock worth $177,144,000 after purchasing an additional 647,558 shares in the last quarter. State Street Corp raised its position in Silgan by 0.7% in the second quarter. State Street Corp now owns 3,646,093 shares of the industrial products company’s stock valued at $197,545,000 after purchasing an additional 23,734 shares during the last quarter. Finally, Fuller & Thaler Asset Management Inc. boosted its stake in shares of Silgan by 177.3% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 3,400,088 shares of the industrial products company’s stock valued at $137,262,000 after purchasing an additional 2,174,028 shares in the last quarter. 70.25% of the stock is currently owned by institutional investors and hedge funds.

Silgan Trading Up 2.0%

Shares of SLGN stock opened at $46.26 on Friday. Silgan Holdings Inc. has a 1-year low of $35.68 and a 1-year high of $57.04. The company has a current ratio of 1.26, a quick ratio of 0.78 and a debt-to-equity ratio of 1.58. The stock has a market cap of $4.89 billion, a price-to-earnings ratio of 17.39, a PEG ratio of 2.65 and a beta of 0.71. The stock has a 50-day moving average of $39.60 and a 200-day moving average of $41.67.

Silgan (NYSE:SLGN) last posted its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.78 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.04. Silgan had a return on equity of 17.22% and a net margin of 4.31%.The company had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.51 billion. During the same period in the previous year, the firm earned $0.69 earnings per share. The firm’s quarterly revenue was up 6.4% on a year-over-year basis. Silgan has set its Q2 2026 guidance at 0.920-1.020 EPS and its FY 2026 guidance at 3.730-3.930 EPS. On average, equities research analysts forecast that Silgan Holdings Inc. will post 3.78 earnings per share for the current year.

Silgan Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were given a $0.21 dividend. The ex-dividend date was Monday, June 1st. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.8%. Silgan’s payout ratio is 31.58%.

Analysts Set New Price Targets

Several analysts have recently weighed in on SLGN shares. Wells Fargo & Company restated 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. UBS Group cut their target price on shares of Silgan from $46.00 to $44.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Silgan in a report on Wednesday, April 1st. They set a “buy” rating and a $52.00 target price on the stock. Citigroup decreased their price target on shares of Silgan from $56.00 to $54.00 and set a “buy” rating for the company in a research report on Thursday, April 30th. Finally, Weiss Ratings lowered shares of Silgan from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, April 24th. Six research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $51.56.

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.