Research Analysts’ Weekly Ratings Updates for Silgan (SLGN)

Several analysts have recently updated their ratings and price targets for Silgan (NYSE: SLGN):

• 1/30/2025 – Silgan had its price target raised by analysts at Wells Fargo & Company from $58.00 to $63.00. They now have an “overweight” rating on the stock.
• 1/30/2025 – Silgan had its price target raised by analysts at Royal Bank of Canada from $63.00 to $65.00. They now have an “outperform” rating on the stock.
• 1/30/2025 – Silgan had its price target raised by analysts at Robert W. Baird from $60.00 to $62.00. They now have an “outperform” rating on the stock.
• 1/30/2025 – Silgan had its price target raised by analysts at Raymond James from $62.00 to $65.00. They now have an “outperform” rating on the stock.
• 1/30/2025 – Silgan had its price target raised by analysts at JPMorgan Chase & Co. from $53.00 to $57.00. They now have a “neutral” rating on the stock.
• 1/30/2025 – Silgan had its price target raised by analysts at Loop Capital from $70.00 to $75.00. They now have a “buy” rating on the stock.
• 1/30/2025 – Silgan had its “buy” rating reaffirmed by analysts at Truist Financial Co.. They now have a $70.00 price target on the stock, up previously from $69.00.
• 1/6/2025 – Silgan had its price target raised by analysts at Bank of America Co. from $60.00 to $61.00. They now have a “buy” rating on the stock.
• 1/6/2025 – Silgan had its price target raised by analysts at Truist Financial Co. from $63.00 to $69.00. They now have a “buy” rating on the stock.

Silgan Stock Up 1.0 %

Shares of SLGN opened at $53.71 on Tuesday. The company has a current ratio of 0.45, a quick ratio of 0.28 and a debt-to-equity ratio of 1.24. Silgan Holdings Inc. has a 12 month low of $41.14 and a 12 month high of $58.14. The firm’s 50 day moving average is $52.98 and its 200-day moving average is $52.43. The stock has a market capitalization of $5.74 billion, a PE ratio of 20.82, a P/E/G ratio of 1.24 and a beta of 0.71.

Silgan (NYSE:SLGN) last released its earnings results on Wednesday, January 29th. The industrial products company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.82 by $0.03. Silgan had a return on equity of 19.70% and a net margin of 4.72%. Equities research analysts forecast that Silgan Holdings Inc. will post 4.11 EPS for the current year.

Insider Buying and Selling

In related news, EVP Robert B. Lewis sold 20,000 shares of the company’s stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of $53.22, for a total transaction of $1,064,400.00. Following the sale, the executive vice president now owns 152,133 shares in the company, valued at $8,096,518.26. This represents a 11.62 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.39% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Silgan

Several hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of Silgan by 5.4% during the fourth quarter. Vanguard Group Inc. now owns 8,931,526 shares of the industrial products company’s stock worth $464,886,000 after acquiring an additional 455,381 shares in the last quarter. FMR LLC grew its stake in shares of Silgan by 12.2% in the 4th quarter. FMR LLC now owns 7,046,400 shares of the industrial products company’s stock worth $366,765,000 after acquiring an additional 767,944 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Silgan by 12.8% in the fourth quarter. JPMorgan Chase & Co. now owns 5,795,781 shares of the industrial products company’s stock valued at $301,670,000 after purchasing an additional 656,923 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Silgan by 0.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,062,013 shares of the industrial products company’s stock worth $159,377,000 after purchasing an additional 11,836 shares during the last quarter. Finally, State Street Corp grew its holdings in shares of Silgan by 0.6% in the third quarter. State Street Corp now owns 2,497,683 shares of the industrial products company’s stock valued at $131,128,000 after acquiring an additional 14,109 shares in the last quarter. Institutional investors own 70.25% of the company’s stock.

Silgan Holdings Inc, together with its subsidiaries, manufactures and sells rigid packaging solutions for consumer goods products in the United States and internationally. It operates through three segments: Dispensing and Specialty Closures, Metal Containers, and Custom Containers. The Dispensing and Specialty Closures segment offers a range of metal and plastic closures, and dispensing systems for food, beverage, health care, garden, home, personal care, beauty products, and hard surface cleaning products, as well as capping/sealing equipment and detection systems.