Brokerages Set Silgan Holdings Inc. (NYSE:SLGN) Target Price at $52.33

Silgan Holdings Inc. (NYSE:SLGN) has earned an average recommendation of “Moderate Buy” from the eleven analysts that are presently covering the company, MarketBeat reports. Five equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $52.6667.

Several brokerages have commented on SLGN. Citigroup reaffirmed a “buy” rating and issued a $56.00 target price (up from $47.00) on shares of Silgan in a research note on Friday, February 6th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Silgan in a report on Wednesday, April 1st. They issued a “buy” rating and a $52.00 price target for the company. JPMorgan Chase & Co. upped their price objective on shares of Silgan from $44.00 to $53.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Wells Fargo & Company raised their price objective on Silgan from $52.00 to $55.00 and gave the stock an “overweight” rating in a research note on Friday, February 6th. Finally, Zacks Research upgraded Silgan from a “strong sell” rating to a “hold” rating in a report on Monday, December 29th.

Silgan Price Performance

Silgan stock opened at $40.74 on Wednesday. The company has a current ratio of 1.22, a quick ratio of 0.78 and a debt-to-equity ratio of 1.63. The firm has a market capitalization of $4.31 billion, a P/E ratio of 15.15, a PEG ratio of 2.52 and a beta of 0.75. The business has a 50-day moving average of $43.12 and a 200-day moving average of $42.03. Silgan has a 1 year low of $36.15 and a 1 year high of $57.04.

Silgan (NYSE:SLGN) last announced its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.65 by $0.02. Silgan had a net margin of 4.45% and a return on equity of 17.94%. The business had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.46 billion. During the same period last year, the company posted $0.85 EPS. Silgan’s revenue for the quarter was up 4.1% on a year-over-year basis. Silgan has set its FY 2026 guidance at 3.700-3.900 EPS and its Q1 2026 guidance at 0.700-0.800 EPS. On average, equities analysts anticipate that Silgan will post 3.75 EPS for the current year.

Silgan Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th were issued a dividend of $0.21 per share. This is a boost from Silgan’s previous quarterly dividend of $0.20. The ex-dividend date was Tuesday, March 17th. This represents a $0.84 annualized dividend and a dividend yield of 2.1%. Silgan’s dividend payout ratio (DPR) is presently 31.23%.

Institutional Trading of Silgan

Several hedge funds have recently bought and sold shares of SLGN. Caitong International Asset Management Co. Ltd lifted its stake in 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 valued at $30,000 after buying an additional 707 shares in the last quarter. Measured Wealth Private Client Group LLC bought a new stake in shares of Silgan during the third quarter worth $33,000. EverSource Wealth Advisors LLC raised its holdings in shares of Silgan by 627.2% during the second quarter. EverSource Wealth Advisors LLC now owns 669 shares of the industrial products company’s stock worth $36,000 after acquiring an additional 577 shares during the period. Danske Bank A S raised 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 worth $40,000 after acquiring an additional 700 shares during the period. Finally, Fifth Third Bancorp lifted 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 valued at $44,000 after acquiring an additional 295 shares in the last quarter. 70.25% of the stock is currently owned by institutional investors and hedge funds.

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.