Boston Trust Walden Corp Trims Stake in Silgan Holdings Inc. $SLGN

Boston Trust Walden Corp lowered its position in Silgan Holdings Inc. (NYSE:SLGN) by 40.4% in the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 913,884 shares of the industrial products company’s stock after selling 619,895 shares during the period. Boston Trust Walden Corp’s holdings in Silgan were worth $35,459,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in SLGN. EverSource Wealth Advisors LLC raised its stake in Silgan by 627.2% during the second quarter. EverSource Wealth Advisors LLC now owns 669 shares of the industrial products company’s stock valued at $36,000 after buying an additional 577 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its stake in shares of Silgan by 2,525.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 735 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 707 shares during the last quarter. Measured Wealth Private Client Group LLC purchased a new stake in shares of Silgan in the third quarter worth $33,000. Danske Bank A S increased its holdings in shares of Silgan by 233.3% during the fourth quarter. Danske Bank A S now owns 1,000 shares of the industrial products company’s stock valued at $40,000 after acquiring an additional 700 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of Silgan during the first quarter valued at $54,000. Hedge funds and other institutional investors own 70.25% of the company’s stock.

Silgan Price Performance

Silgan stock opened at $46.34 on Friday. Silgan Holdings Inc. has a 12-month low of $35.68 and a 12-month high of $57.04. The company has a current ratio of 1.26, a quick ratio of 0.78 and a debt-to-equity ratio of 1.58. The firm has a 50-day moving average price of $40.13 and a 200-day moving average price of $41.93. The firm has a market capitalization of $4.90 billion, a PE ratio of 17.42, a price-to-earnings-growth ratio of 2.66 and a beta of 0.66.

Silgan (NYSE:SLGN) last issued 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. The company had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.51 billion. Silgan had a net margin of 4.31% and a return on equity of 17.22%. The firm’s revenue was up 6.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $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. As a group, equities research analysts forecast that Silgan Holdings Inc. will post 3.78 EPS for the current year.

Silgan Dividend Announcement

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

Analyst Ratings Changes

Several analysts have commented on the company. Citigroup cut 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. Deutsche Bank Aktiengesellschaft started coverage on Silgan in a research note on Wednesday, April 1st. They issued a “buy” rating and a $52.00 price objective on the stock. Wells Fargo & Company reaffirmed an “overweight” rating and set a $56.00 price objective (up from $55.00) on shares of Silgan in a research report on Thursday, April 30th. UBS Group cut their price objective on Silgan from $46.00 to $44.00 and set a “neutral” rating for the company in a research note on Tuesday, May 5th. Finally, Weiss Ratings lowered shares of Silgan from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, April 24th. Six equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $51.56.

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.