Silgan Holdings Inc. $SLGN Shares Sold by ProShare Advisors LLC

ProShare Advisors LLC reduced its stake in Silgan Holdings Inc. (NYSE:SLGN) by 2.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 629,197 shares of the industrial products company’s stock after selling 18,126 shares during the quarter. ProShare Advisors LLC owned about 0.59% of Silgan worth $27,062,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in SLGN. Royal Bank of Canada grew its holdings in shares of Silgan by 1.2% during the first quarter. Royal Bank of Canada now owns 43,734 shares of the industrial products company’s stock worth $2,235,000 after buying an additional 510 shares in the last quarter. AQR Capital Management LLC grew its stake in Silgan by 94.7% in the 1st quarter. AQR Capital Management LLC now owns 89,117 shares of the industrial products company’s stock worth $4,477,000 after acquiring an additional 43,338 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in Silgan in the 1st quarter worth approximately $54,000. NewEdge Advisors LLC lifted its stake in shares of Silgan by 332.3% during the 1st quarter. NewEdge Advisors LLC now owns 6,459 shares of the industrial products company’s stock worth $330,000 after purchasing an additional 4,965 shares during the period. Finally, United Services Automobile Association acquired a new stake in shares of Silgan during the first quarter worth $264,000. Institutional investors and hedge funds own 70.25% of the company’s stock.

Analyst Upgrades and Downgrades

SLGN has been the topic of several recent analyst reports. UBS Group reiterated a “neutral” rating and set a $50.00 price objective (up from $44.00) on shares of Silgan in a report on Thursday, February 5th. JPMorgan Chase & Co. lifted their price target on shares of Silgan from $44.00 to $53.00 and gave the company an “overweight” rating in a report on Monday. Zacks Research upgraded Silgan from a “strong sell” rating to a “hold” rating in a report on Monday, December 29th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $49.00 target price (up previously from $43.00) on shares of Silgan in a report on Thursday, February 5th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Silgan in a research report on Monday, December 29th. Five analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Silgan currently has a consensus rating of “Moderate Buy” and a consensus price target of $52.88.

Silgan Trading Up 0.2%

Shares of SLGN opened at $48.79 on Wednesday. Silgan Holdings Inc. has a 12 month low of $36.15 and a 12 month high of $57.04. The stock’s 50-day moving average is $42.10 and its two-hundred day moving average is $42.84. The company has a debt-to-equity ratio of 1.68, a current ratio of 0.49 and a quick ratio of 0.31. The stock has a market cap of $5.16 billion, a PE ratio of 18.14, a P/E/G ratio of 2.08 and a beta of 0.72.

Silgan (NYSE:SLGN) last posted its earnings results on Wednesday, February 4th. The industrial products company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.02. The business had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.46 billion. Silgan had a return on equity of 17.94% and a net margin of 4.45%.The company’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.85 earnings per share. Silgan has set its FY 2026 guidance at 3.700-3.900 EPS and its Q1 2026 guidance at 0.700-0.800 EPS. Equities analysts forecast that Silgan Holdings Inc. will post 4.11 earnings per share for the current fiscal year.

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.