Silgan Holdings Inc. $SLGN Shares Sold by Dean Capital Management

Dean Capital Management lessened its holdings in shares of Silgan Holdings Inc. (NYSE:SLGN) by 54.7% in the third quarter, Holdings Channel.com reports. The institutional investor owned 10,846 shares of the industrial products company’s stock after selling 13,109 shares during the quarter. Dean Capital Management’s holdings in Silgan were worth $466,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in Silgan by 0.5% in the third quarter. Vanguard Group Inc. now owns 8,927,750 shares of the industrial products company’s stock worth $383,983,000 after acquiring an additional 47,196 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Silgan by 31.6% during the third quarter. JPMorgan Chase & Co. now owns 7,597,335 shares of the industrial products company’s stock valued at $326,761,000 after purchasing an additional 1,822,797 shares during the last quarter. Wellington Management Group LLP raised its position in shares of Silgan by 25.8% during 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 during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Silgan by 6.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,740,397 shares of the industrial products company’s stock worth $160,872,000 after purchasing an additional 237,589 shares during the last quarter. Finally, State Street Corp lifted its holdings in shares of Silgan by 0.7% in the 2nd quarter. State Street Corp now owns 3,646,093 shares of the industrial products company’s stock worth $197,545,000 after purchasing an additional 23,734 shares during the last quarter. Institutional investors and hedge funds own 70.25% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. JPMorgan Chase & Co. upped their price objective on Silgan from $44.00 to $53.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $49.00 target price (up from $43.00) on shares of Silgan in a research note on Thursday, February 5th. Wells Fargo & Company boosted their price target on shares of Silgan from $52.00 to $55.00 and gave the company an “overweight” rating in a report on Friday, February 6th. UBS Group restated a “neutral” rating and set a $50.00 price target (up from $44.00) on shares of Silgan in a research report on Thursday, February 5th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Silgan in a report on Monday, December 29th. Five equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $52.88.

Silgan Stock Up 1.6%

SLGN opened at $41.64 on Monday. The stock’s 50 day moving average price is $45.08 and its 200 day moving average price is $42.74. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.22 and a quick ratio of 0.78. The stock has a market cap of $4.39 billion, a P/E ratio of 15.48, a P/E/G ratio of 1.77 and a beta of 0.70. Silgan Holdings Inc. has a 12 month low of $36.15 and a 12 month high of $57.04.

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

Silgan Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be issued a $0.21 dividend. The ex-dividend date of this dividend is Tuesday, March 17th. This is an increase from Silgan’s previous quarterly dividend of $0.20. This represents a $0.84 annualized dividend and a yield of 2.0%. Silgan’s dividend payout ratio is currently 29.74%.

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.