12,847 Shares in Silgan Holdings Inc. $SLGN Acquired by MQS Management LLC

MQS Management LLC bought a new position in Silgan Holdings Inc. (NYSE:SLGN) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 12,847 shares of the industrial products company’s stock, valued at approximately $498,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Silgan by 1.3% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 17,441 shares of the industrial products company’s stock worth $704,000 after acquiring an additional 221 shares during the last quarter. Inspire Advisors LLC grew its holdings in shares of Silgan by 4.5% during the 4th quarter. Inspire Advisors LLC now owns 5,123 shares of the industrial products company’s stock valued at $207,000 after purchasing an additional 221 shares during the last quarter. Verdence Capital Advisors LLC raised its position in Silgan by 2.5% in the 4th quarter. Verdence Capital Advisors LLC now owns 11,285 shares of the industrial products company’s stock worth $456,000 after purchasing an additional 278 shares during the period. Fifth Third Bancorp raised its position in 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. Finally, NewEdge Advisors LLC lifted its stake in Silgan by 4.8% in the second quarter. NewEdge Advisors LLC now owns 6,767 shares of the industrial products company’s stock worth $367,000 after purchasing an additional 308 shares during the last quarter. 70.25% of the stock is currently owned by institutional investors.

Silgan Trading Up 0.4%

NYSE SLGN opened at $46.46 on Wednesday. The stock has a market cap of $4.91 billion, a P/E ratio of 17.46, a price-to-earnings-growth ratio of 2.65 and a beta of 0.71. Silgan Holdings Inc. has a fifty-two week low of $35.68 and a fifty-two week high of $57.04. The stock has a 50 day simple moving average of $39.79 and a two-hundred day simple moving average of $41.80. 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 (NYSE:SLGN) last posted its earnings results on Wednesday, April 29th. The industrial products company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.04. Silgan had a return on equity of 17.22% and a net margin of 4.31%.The firm had revenue of $1.56 billion for the quarter, compared to analysts’ expectations of $1.51 billion. During the same period in the previous year, the firm earned $0.69 earnings per share. The business’s 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. On average, analysts forecast that Silgan Holdings Inc. will post 3.78 earnings per share for the current year.

Silgan Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were given a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend was Monday, June 1st. Silgan’s dividend payout ratio (DPR) is currently 31.58%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on SLGN shares. Deutsche Bank Aktiengesellschaft assumed coverage on Silgan in a research note on Wednesday, April 1st. They set a “buy” rating and a $52.00 price objective on the stock. 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 report on Thursday, April 30th. Wells Fargo & Company restated 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. JPMorgan Chase & Co. decreased their price target on Silgan from $53.00 to $47.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Finally, Weiss Ratings downgraded Silgan from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, April 24th. Six investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $51.56.

Silgan 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.