Aristotle Capital Boston LLC Reduces Holdings in Silgan Holdings Inc. $SLGN

Aristotle Capital Boston LLC trimmed its stake in Silgan Holdings Inc. (NYSE:SLGNFree Report) by 8.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 580,668 shares of the industrial products company’s stock after selling 54,953 shares during the period. Silgan accounts for about 1.3% of Aristotle Capital Boston LLC’s investment portfolio, making the stock its 22nd biggest holding. Aristotle Capital Boston LLC owned about 0.55% of Silgan worth $23,442,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. EverSource Wealth Advisors LLC lifted its position in shares of Silgan by 627.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 669 shares of the industrial products company’s stock worth $36,000 after purchasing an additional 577 shares during the period. Measured Wealth Private Client Group LLC purchased a new stake in shares of Silgan in the 3rd quarter worth about $33,000. Danske Bank A S lifted its position in shares of Silgan by 233.3% in the 4th quarter. Danske Bank A S now owns 1,000 shares of the industrial products company’s stock worth $40,000 after purchasing an additional 700 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of Silgan in the 1st quarter worth about $54,000. Finally, Fifth Third Bancorp lifted its position in shares of Silgan by 37.4% in the 4th quarter. Fifth Third Bancorp now owns 1,084 shares of the industrial products company’s stock worth $44,000 after purchasing an additional 295 shares during the period. 70.25% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently commented on SLGN. Royal Bank Of Canada raised their target price 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. UBS Group lowered their price target on shares of Silgan from $46.00 to $44.00 and set a “neutral” rating for the company in a research report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Silgan in a research report on Wednesday, April 1st. They set a “buy” rating and a $52.00 price target for the company. Citigroup lowered their price target on shares of Silgan from $56.00 to $54.00 and set a “buy” rating for the company in a research report on Thursday, April 30th. Finally, Truist Financial lowered their price target on shares of Silgan from $54.00 to $52.00 and set a “buy” rating for the company in a research report on Thursday, April 30th. Six equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $51.56.

Read Our Latest Report on Silgan

Silgan Stock Up 0.5%

NYSE:SLGN opened at $41.89 on Thursday. The firm has a market cap of $4.43 billion, a P/E ratio of 15.75, a P/E/G ratio of 2.39 and a beta of 0.71. 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 Holdings Inc. has a fifty-two week low of $35.68 and a fifty-two week high of $57.04. The firm has a 50-day simple moving average of $39.28 and a two-hundred day simple moving average of $41.48.

Silgan (NYSE:SLGNGet Free Report) last released its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.78 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.04. The business had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.51 billion. Silgan had a net margin of 4.31% and a return on equity of 17.22%. Silgan’s revenue was up 6.4% compared to the same quarter last year. During the same period last year, the business 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. Analysts predict that Silgan Holdings Inc. will post 3.78 earnings per share for the current fiscal year.

Silgan Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date was Monday, June 1st. Silgan’s dividend payout ratio (DPR) is currently 31.58%.

Silgan Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Silgan (NYSE:SLGN)

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