Silgan Holdings Inc. $SLGN Shares Acquired by Bernzott Capital Advisors

Key Points

• Bernzott Capital Advisors boosted its stake in Silgan by 54.1% in Q4 to 203,262 shares (0.19% of the company) worth $8.21 million, making SLGN its third-largest holding.
• Several large institutions — including JPMorgan, SG Americas, Bank of America, Wellington and Millennium — substantially increased positions, and institutional investors now own 70.25% of Silgan's stock.
• Silgan beat Q1 estimates with $0.78 EPS (vs. $0.74) and $1.56B revenue (vs. $1.51B), provided Q2 and FY2026 EPS guidance (Q2: $0.920–1.020; FY: $3.730–3.930), and raised its quarterly dividend to $0.21 (≈2.1% yield).

Bernzott Capital Advisors boosted its stake in Silgan Holdings Inc. (NYSE:SLGN - Free Report) by 54.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 203,262 shares of the industrial products company's stock after purchasing an additional 71,353 shares during the quarter. Silgan comprises 3.9% of Bernzott Capital Advisors' investment portfolio, making the stock its 3rd biggest position. Bernzott Capital Advisors owned 0.19% of Silgan worth $8,206,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. JPMorgan Chase & Co. grew its position in Silgan by 31.6% in the third quarter. JPMorgan Chase & Co. now owns 7,597,335 shares of the industrial products company's stock valued at $326,761,000 after acquiring an additional 1,822,797 shares during the last quarter. SG Americas Securities LLC grew its position in Silgan by 21,854.8% in the fourth quarter. SG Americas Securities LLC now owns 1,175,238 shares of the industrial products company's stock valued at $47,444,000 after acquiring an additional 1,169,885 shares during the last quarter. Bank of America Corp DE grew its position in Silgan by 131.9% in the third quarter. Bank of America Corp DE now owns 2,027,845 shares of the industrial products company's stock valued at $87,218,000 after acquiring an additional 1,153,253 shares during the last quarter. Wellington Management Group LLP grew its position in Silgan by 25.8% in the third quarter. Wellington Management Group LLP now owns 5,604,993 shares of the industrial products company's stock valued at $241,071,000 after acquiring an additional 1,148,044 shares during the last quarter. Finally, Millennium Management LLC grew its position in Silgan by 1,609.6% in the third quarter. Millennium Management LLC now owns 961,540 shares of the industrial products company's stock valued at $41,356,000 after acquiring an additional 905,296 shares during the last quarter. Institutional investors and hedge funds own 70.25% of the company's stock.

Wall Street Analyst Weigh In

SLGN has been the topic of a number of recent analyst reports. Royal Bank Of Canada lifted their target price on Silgan from $48.00 to $49.00 and gave the company a "sector perform" rating in a research report on Thursday, April 30th. Citigroup decreased their target price on Silgan from $56.00 to $54.00 and set a "buy" rating on the stock in a research report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft initiated coverage on Silgan in a research report on Wednesday, April 1st. They issued a "buy" rating and a $52.00 target price on the stock. Weiss Ratings cut Silgan from a "hold (c)" rating to a "hold (c-)" rating in a research report on Friday, April 24th. Finally, Wells Fargo & Company reiterated an "overweight" rating and issued a $56.00 target price (up from $55.00) on shares of Silgan in a research report on Thursday, April 30th. Six research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $51.56.

Silgan Price Performance

Silgan stock opened at $40.25 on Friday. The stock's 50 day moving average is $41.37 and its 200 day moving average is $41.80. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.49 and a quick ratio of 0.30. The firm has a market cap of $4.25 billion, a P/E ratio of 15.13, a P/E/G ratio of 2.32 and a beta of 0.74. Silgan Holdings Inc. has a one year low of $36.15 and a one year high of $57.04.

Silgan (NYSE:SLGN - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.78 EPS for the quarter, topping analysts' consensus estimates of $0.74 by $0.04. The company had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.51 billion. Silgan had a return on equity of 17.22% and a net margin of 4.31%.The firm's quarterly revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.69 earnings per share. 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, research analysts expect that Silgan Holdings Inc. will post 3.78 EPS for the current year.

Silgan Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th were issued a $0.21 dividend. The ex-dividend date was Tuesday, March 17th. This is an increase from Silgan's previous quarterly dividend of $0.20. This represents a $0.84 dividend on an annualized basis and a yield of 2.1%. Silgan's dividend payout ratio is presently 31.58%.

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.

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