Dana Investment Advisors Inc. Grows Position in Silgan Holdings Inc. $SLGN

Dana Investment Advisors Inc. raised its holdings in shares of Silgan Holdings Inc. (NYSE:SLGNFree Report) by 23.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 90,617 shares of the industrial products company’s stock after acquiring an additional 17,139 shares during the quarter. Dana Investment Advisors Inc.’s holdings in Silgan were worth $3,658,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. Verdence Capital Advisors LLC lifted its holdings in Silgan by 2.5% during the fourth quarter. Verdence Capital Advisors LLC now owns 11,285 shares of the industrial products company’s stock valued at $456,000 after purchasing an additional 278 shares during the last quarter. Fifth Third Bancorp lifted its holdings in Silgan by 37.4% during the fourth quarter. Fifth Third Bancorp now owns 1,084 shares of the industrial products company’s stock valued at $44,000 after purchasing an additional 295 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in Silgan by 4.8% during the second quarter. NewEdge Advisors LLC now owns 6,767 shares of the industrial products company’s stock valued at $367,000 after purchasing an additional 308 shares during the last quarter. California State Teachers Retirement System lifted its holdings in shares of Silgan by 0.4% in the second quarter. California State Teachers Retirement System now owns 79,193 shares of the industrial products company’s stock worth $4,291,000 after buying an additional 337 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its holdings in shares of Silgan by 1.8% in the second quarter. BNP Paribas Financial Markets now owns 20,802 shares of the industrial products company’s stock worth $1,127,000 after buying an additional 358 shares in the last quarter. 70.25% of the stock is owned by hedge funds and other institutional investors.

Silgan Price Performance

SLGN opened at $36.56 on Monday. The stock has a 50-day moving average price of $40.31 and a 200-day moving average price of $41.57. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.26 and a quick ratio of 0.78. The firm has a market cap of $3.86 billion, a PE ratio of 13.74, a P/E/G ratio of 2.10 and a beta of 0.74. Silgan Holdings Inc. has a 1 year low of $36.15 and a 1 year high of $57.04.

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

Silgan Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be given a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Monday, June 1st. Silgan’s payout ratio is currently 31.58%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. UBS Group reduced 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. JPMorgan Chase & Co. reduced their price target on shares of Silgan from $53.00 to $47.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Silgan in a research report on Wednesday, April 1st. They set a “buy” rating and a $52.00 price target on the stock. Weiss Ratings cut shares of Silgan from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, April 24th. Finally, Wells Fargo & Company reiterated an “overweight” rating and set a $56.00 price target (up from $55.00) on shares of Silgan in a research report on Thursday, April 30th. Six investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $51.56.

Check Out Our Latest Analysis on SLGN

Silgan Company 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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