Silgan Holdings Inc. (NYSE:SLGN) Stock Has Average Target Price of $52.60 According to Brokerages

Shares of Silgan Holdings Inc. (NYSE:SLGN) have been assigned an average rating of “Moderate Buy” from the twelve analysts that are presently covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $52.60.

A number of brokerages have commented on SLGN. Weiss Ratings raised shares of Silgan from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 15th. BMO Capital Markets assumed coverage on shares of Silgan in a research note on Thursday, July 16th. They set an “outperform” rating and a $57.00 price target on the stock. Bank of America boosted their price objective on shares of Silgan from $53.00 to $58.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th. Citigroup cut their price objective on shares of Silgan from $54.00 to $49.00 and set a “buy” rating for the company in a research report on Friday, October 2nd. Finally, UBS Group set a $38.00 price objective on Silgan and gave the stock a “neutral” rating in a research note on Monday, October 5th.

Institutional Trading of Silgan

Hedge funds and other institutional investors have recently bought and sold shares of the stock. BlackRock Inc. bought a new position in Silgan in the 2nd quarter worth approximately $369,406,000. Dimensional Fund Advisors LP grew its holdings in Silgan by 11.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,893,768 shares of the industrial products company’s stock valued at $189,871,000 after buying an additional 505,813 shares in the last quarter. Bank of America Corp DE bought a new stake in shares of Silgan during the second quarter valued at approximately $101,368,000. Geode Capital Management LLC raised its position in shares of Silgan by 1.8% during the fourth quarter. Geode Capital Management LLC now owns 1,744,745 shares of the industrial products company’s stock valued at $70,449,000 after buying an additional 31,405 shares during the last quarter. Finally, Jupiter Topco LLC purchased a new position in shares of Silgan in the second quarter worth $62,526,000. Hedge funds and other institutional investors own 70.25% of the company’s stock.

Silgan Trading Up 0.2%

Silgan stock opened at $35.50 on Wednesday. Silgan has a 52-week low of $33.70 and a 52-week high of $49.55. The company has a market cap of $3.75 billion, a P/E ratio of 13.92, a P/E/G ratio of 2.06 and a beta of 0.67. The company has a quick ratio of 0.80, a current ratio of 1.27 and a debt-to-equity ratio of 1.54. The business has a 50-day simple moving average of $39.32 and a two-hundred day simple moving average of $40.54.

Silgan (NYSE:SLGN) last issued its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.96 by $0.02. The firm had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.62 billion. Silgan had a net margin of 4.05% and a return on equity of 16.74%. The business’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.01 EPS. Silgan has set its FY 2026 guidance at 3.730-3.930 EPS and its Q3 2026 guidance at 1.210-1.310 EPS. Analysts predict that Silgan will post 3.82 EPS for the current year.

Silgan Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were given a dividend of $0.21 per share. The ex-dividend date was Tuesday, September 1st. This represents a $0.84 annualized dividend and a yield of 2.4%. Silgan’s payout ratio is 32.94%.

About Silgan

Silgan Holdings Inc (NYSE: SLGN) is a manufacturer of rigid packaging for consumer goods. The company produces metal containers, plastic containers, closures and dispensing systems used to package food, pet food, beverages, household products, personal-care items, chemicals, paints and other products.

Silgan’s business is organized around metal containers, closures and dispensing systems. Its products include steel cans, plastic containers, caps, lids, pumps, sprayers and other dispensing components.