Silgan Holdings Inc. (NYSE:SLGN) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Silgan Holdings Inc. (NYSE:SLGN) have been assigned a consensus rating of “Moderate Buy” from the ten brokerages that are covering the company, Marketbeat Ratings reports. Five analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is $52.8750.

Several equities analysts have issued reports on the company. Truist Financial set a $50.00 price target on Silgan and gave the company a “buy” rating in a research note on Tuesday, January 6th. Zacks Research upgraded shares of Silgan from a “strong sell” rating to a “hold” rating in a research note on Monday, December 29th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $49.00 target price (up from $43.00) on shares of Silgan in a research report on Thursday, February 5th. Citigroup reissued a “buy” rating and set a $56.00 target price (up from $47.00) on shares of Silgan in a research note on Friday, February 6th. Finally, Wells Fargo & Company raised their price target on shares of Silgan from $52.00 to $55.00 and gave the stock an “overweight” rating in a report on Friday, February 6th.

Silgan Stock Performance

SLGN stock opened at $38.09 on Friday. The firm has a market cap of $4.02 billion, a PE ratio of 14.16, a price-to-earnings-growth ratio of 1.67 and a beta of 0.70. The company has a current ratio of 1.22, a quick ratio of 0.78 and a debt-to-equity ratio of 1.63. The stock has a 50-day moving average price of $44.94 and a 200-day moving average price of $42.57. Silgan has a 1-year low of $36.15 and a 1-year high of $57.04.

Silgan (NYSE:SLGN) last announced its earnings results on Wednesday, February 4th. The industrial products company reported $0.67 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $1.46 billion. During the same quarter in the prior year, the company earned $0.85 EPS. The firm’s revenue for the quarter was up 4.1% compared to the same quarter last year. 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, equities research analysts expect that Silgan 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. Stockholders of record on Tuesday, March 17th will be given a dividend of $0.21 per share. This is a boost from Silgan’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.2%. Silgan’s payout ratio is currently 31.23%.

Institutional Trading of Silgan

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

About Silgan

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.