Analysts Set Silgan Holdings Inc. (NYSE:SLGN) Target Price at $51.56

Shares of Silgan Holdings Inc. (NYSE:SLGN) have received an average rating of “Moderate Buy” from the eleven research firms that are currently covering the firm, MarketBeat.com reports. Five investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $51.5556.

SLGN has been the topic of a number of research analyst reports. Wells Fargo & Company reissued an “overweight” rating and issued a $56.00 target price (up from $55.00) on shares of Silgan in a research note on Thursday, April 30th. UBS Group reduced their target price on Silgan from $46.00 to $44.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 5th. Citigroup reduced their target price on Silgan from $56.00 to $54.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. Royal Bank Of Canada increased their target price on Silgan from $48.00 to $49.00 and gave the company a “sector perform” rating in a research note on Thursday, April 30th. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of Silgan in a research note on Wednesday, April 1st. They issued a “buy” rating and a $52.00 price target for the company.

Silgan Stock Up 1.9%

Shares of NYSE:SLGN opened at $39.44 on Thursday. The firm has a fifty day moving average price of $39.11 and a two-hundred day moving average price of $41.42. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.26 and a quick ratio of 0.78. Silgan has a one year low of $35.68 and a one year high of $57.04. The company has a market cap of $4.17 billion, a price-to-earnings ratio of 14.83, a PEG ratio of 2.22 and a beta of 0.71.

Silgan (NYSE:SLGN) last announced its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.74 by $0.04. Silgan had a net margin of 4.31% and a return on equity of 17.22%. The firm had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.51 billion. During the same period last year, the firm earned $0.69 EPS. The business’s quarterly revenue was up 6.4% compared to the same quarter last year. 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 anticipate that Silgan will post 3.78 EPS for the current fiscal year.

Silgan Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be paid a $0.21 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $0.84 annualized dividend and a yield of 2.1%. Silgan’s payout ratio is currently 31.58%.

Institutional Trading of Silgan

Hedge funds have recently added to or reduced their stakes in the business. SG Americas Securities LLC lifted its stake in Silgan by 21,854.8% in the fourth quarter. SG Americas Securities LLC now owns 1,175,238 shares of the industrial products company’s stock worth $47,444,000 after purchasing an additional 1,169,885 shares during the last quarter. Victory Capital Management Inc. lifted its stake in Silgan by 7.8% in the third quarter. Victory Capital Management Inc. now owns 1,524,030 shares of the industrial products company’s stock worth $65,549,000 after purchasing an additional 109,914 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Silgan by 0.5% during the third quarter. Vanguard Group Inc. now owns 8,927,750 shares of the industrial products company’s stock valued at $383,983,000 after acquiring an additional 47,196 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of Silgan by 5.1% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 866,966 shares of the industrial products company’s stock valued at $34,999,000 after acquiring an additional 41,909 shares during the last quarter. Finally, Aristotle Capital Boston LLC raised its stake in shares of Silgan by 28.8% during the third quarter. Aristotle Capital Boston LLC now owns 635,621 shares of the industrial products company’s stock valued at $27,338,000 after acquiring an additional 141,967 shares during the last quarter. 70.25% of the stock is owned by institutional investors.

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.