Dimensional Fund Advisors LP Purchases 505,813 Shares of Silgan Holdings Inc. $SLGN

Dimensional Fund Advisors LP boosted its holdings in shares of Silgan Holdings Inc. (NYSE:SLGN) by 11.5% during the first quarter, Holdings Channel reports. The institutional investor owned 4,893,768 shares of the industrial products company’s stock after acquiring an additional 505,813 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Silgan were worth $189,871,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp boosted its position in shares of Silgan by 0.7% in the 1st quarter. Bank of New York Mellon Corp now owns 860,663 shares of the industrial products company’s stock worth $33,394,000 after purchasing an additional 5,661 shares during the last quarter. Calamos Wealth Management LLC acquired a new position in Silgan during the first quarter valued at approximately $284,000. Calamos Advisors LLC acquired a new stake in Silgan in the first quarter worth $284,000. State of Michigan Retirement System grew its holdings in shares of Silgan by 1.9% in the 1st quarter. State of Michigan Retirement System now owns 21,100 shares of the industrial products company’s stock valued at $819,000 after buying an additional 400 shares during the period. Finally, Principal Financial Group Inc. increased its position in shares of Silgan by 3.8% in the 1st quarter. Principal Financial Group Inc. now owns 195,831 shares of the industrial products company’s stock valued at $7,598,000 after buying an additional 7,142 shares in the last quarter. 70.25% of the stock is owned by institutional investors and hedge funds.

Silgan Stock Up 1.9%

NYSE SLGN opened at $46.33 on Friday. 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 company has a market cap of $4.90 billion, a price-to-earnings ratio of 17.42, a PEG ratio of 2.50 and a beta of 0.66. The company has a 50 day moving average of $41.98 and a 200-day moving average of $42.42. Silgan Holdings Inc. has a 1-year low of $35.68 and a 1-year high of $55.92.

Silgan (NYSE:SLGN) last announced its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.04. The firm had revenue of $1.56 billion during the quarter, compared to analysts’ expectations 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 in the previous year, the firm earned $0.69 EPS. 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 expect that Silgan Holdings Inc. will post 3.79 earnings per share for the current fiscal year.

Silgan Dividend Announcement

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

Analysts Set New Price Targets

SLGN has been the subject of a number of research analyst reports. Weiss Ratings raised shares of Silgan from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, July 15th. BMO Capital Markets began coverage on Silgan in a research report on Thursday, July 16th. They set an “outperform” rating and a $57.00 price target for the company. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Silgan in a report on Wednesday, April 1st. They issued a “buy” rating and a $52.00 price objective on the stock. UBS Group cut their price target 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. Finally, Truist Financial reduced their price target on Silgan from $54.00 to $52.00 and set a “buy” rating for the company in a research report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $53.00.

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.