Silgan Holdings Inc. $SLGN Shares Purchased by Campbell & CO Investment Adviser LLC

Campbell & CO Investment Adviser LLC boosted its holdings in Silgan Holdings Inc. (NYSE:SLGN) by 238.4% during the second quarter, HoldingsChannel.com reports. The fund owned 69,504 shares of the industrial products company’s stock after acquiring an additional 48,967 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Silgan were worth $3,766,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in SLGN. Principal Financial Group Inc. lifted its holdings in shares of Silgan by 0.3% in the 1st quarter. Principal Financial Group Inc. now owns 186,827 shares of the industrial products company’s stock worth $9,551,000 after purchasing an additional 648 shares during the last quarter. M&T Bank Corp grew its stake in Silgan by 6.9% during the 1st quarter. M&T Bank Corp now owns 18,135 shares of the industrial products company’s stock worth $927,000 after buying an additional 1,165 shares during the last quarter. State of Michigan Retirement System increased its position in Silgan by 1.0% in the first quarter. State of Michigan Retirement System now owns 19,400 shares of the industrial products company’s stock worth $992,000 after buying an additional 200 shares during the period. New York State Common Retirement Fund lifted its stake in Silgan by 27.3% in the first quarter. New York State Common Retirement Fund now owns 146,698 shares of the industrial products company’s stock valued at $7,499,000 after buying an additional 31,447 shares during the last quarter. Finally, Louisiana State Employees Retirement System lifted its stake in Silgan by 0.9% in the first quarter. Louisiana State Employees Retirement System now owns 22,700 shares of the industrial products company’s stock valued at $1,160,000 after buying an additional 200 shares during the last quarter. 70.25% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently commented on SLGN. Weiss Ratings restated a “hold (c)” rating on shares of Silgan in a research report on Wednesday, October 8th. Zacks Research lowered shares of Silgan from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 30th. Royal Bank Of Canada decreased their target price on shares of Silgan from $64.00 to $57.00 and set an “outperform” rating for the company in a research report on Friday, August 1st. Raymond James Financial set a $53.00 price target on Silgan and gave the company an “outperform” rating in a report on Friday, October 17th. Finally, Truist Financial reduced their price objective on Silgan from $62.00 to $53.00 and set a “buy” rating for the company in a research report on Thursday, October 30th. Nine equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $57.22.

Silgan Price Performance

SLGN opened at $38.19 on Friday. The firm has a market capitalization of $4.04 billion, a P/E ratio of 12.99, a PEG ratio of 1.27 and a beta of 0.67. The stock has a fifty day moving average of $42.79 and a 200-day moving average of $49.15. The company has a quick ratio of 0.56, a current ratio of 0.50 and a debt-to-equity ratio of 1.40. Silgan Holdings Inc. has a 12-month low of $36.15 and a 12-month high of $58.14.

Silgan (NYSE:SLGN) last posted its quarterly earnings results on Wednesday, October 29th. The industrial products company reported $1.22 EPS for the quarter, topping the consensus estimate of $1.21 by $0.01. Silgan had a net margin of 4.91% and a return on equity of 19.47%. The business had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $1.94 billion. During the same period last year, the company posted $1.21 earnings per share. The firm’s quarterly revenue was up 15.2% compared to the same quarter last year. Silgan has set its Q4 2025 guidance at 0.620-0.72 EPS. FY 2025 guidance at 3.660-3.76 EPS. Equities analysts forecast that Silgan Holdings Inc. will post 4.11 EPS for the current fiscal year.

Silgan Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Monday, December 1st will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Monday, December 1st. Silgan’s dividend payout ratio is presently 27.21%.

Insider Activity

In other news, CEO Adam J. Greenlee bought 7,000 shares of the firm’s stock in a transaction that occurred on Friday, October 31st. The shares were acquired at an average cost of $38.19 per share, with a total value of $267,330.00. Following the completion of the transaction, the chief executive officer directly owned 328,164 shares in the company, valued at $12,532,583.16. This represents a 2.18% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Robert B. Lewis sold 11,000 shares of the business’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $46.70, for a total value of $513,700.00. Following the transaction, the executive vice president owned 142,378 shares in the company, valued at $6,649,052.60. This represents a 7.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.13% of the stock is owned by company insiders.

Silgan Profile

Silgan Holdings Inc, together with its subsidiaries, manufactures and sells rigid packaging solutions for consumer goods products in the United States and internationally. It operates through three segments: Dispensing and Specialty Closures, Metal Containers, and Custom Containers. The Dispensing and Specialty Closures segment offers a range of metal and plastic closures, and dispensing systems for food, beverage, health care, garden, home, personal care, beauty products, and hard surface cleaning products, as well as capping/sealing equipment and detection systems.