Silgan Holdings Inc. $SLGN Stock Position Raised by ProShare Advisors LLC

ProShare Advisors LLC increased its holdings in shares of Silgan Holdings Inc. (NYSE:SLGN) by 17.1% during the 4th quarter, Holdings Channel.com reports. The fund owned 736,780 shares of the industrial products company’s stock after buying an additional 107,583 shares during the period. ProShare Advisors LLC’s holdings in Silgan were worth $29,744,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the business. Envestnet Portfolio Solutions Inc. grew its holdings in shares of Silgan by 1.3% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 17,441 shares of the industrial products company’s stock valued at $704,000 after purchasing an additional 221 shares during the last quarter. Gamco Investors INC. ET AL acquired a new position in Silgan during the 4th quarter valued at approximately $336,000. Dana Investment Advisors Inc. boosted its position in Silgan by 23.3% during the 4th quarter. Dana Investment Advisors Inc. now owns 90,617 shares of the industrial products company’s stock valued at $3,658,000 after purchasing an additional 17,139 shares during the period. Bernzott Capital Advisors grew its stake in Silgan by 54.1% during the 4th quarter. Bernzott Capital Advisors now owns 203,262 shares of the industrial products company’s stock worth $8,206,000 after buying an additional 71,353 shares during the last quarter. Finally, MGO One Seven LLC acquired a new stake in Silgan in the fourth quarter worth $205,000. Institutional investors own 70.25% of the company’s stock.

Silgan Trading Up 2.8%

Shares of SLGN stock opened at $38.14 on Thursday. Silgan Holdings Inc. has a 1 year low of $36.15 and a 1 year high of $57.04. The firm has a market capitalization of $4.03 billion, a PE ratio of 14.34, a price-to-earnings-growth ratio of 2.12 and a beta of 0.74. The stock has a fifty day moving average of $39.88 and a two-hundred day moving average of $41.51. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.78 and a current ratio of 1.26.

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

Silgan Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Monday, June 1st. Silgan’s payout ratio is 31.58%.

Wall Street Analyst Weigh In

A number of research firms have issued reports on SLGN. JPMorgan Chase & Co. cut their target price on Silgan from $53.00 to $47.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Royal Bank Of Canada upped their price target on shares of Silgan from $48.00 to $49.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 30th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $56.00 price objective (up from $55.00) on shares of Silgan in a report on Thursday, April 30th. Weiss Ratings downgraded shares of Silgan from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, April 24th. Finally, UBS Group reduced their target price on shares of Silgan from $46.00 to $44.00 and set a “neutral” rating for the company in a research note on Tuesday, May 5th. Six analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $51.56.

Silgan 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.