Silgan Holdings Inc. (NYSE:SLGN) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Key Points

• Silgan Holdings Inc. has an average recommendation of "Moderate Buy" from ten ratings firms, with nine analysts recommending a buy and one a hold.
• The company's shares recently opened at $44.21, with a market capitalization of $4.73 billion and a dividend yield of 1.8% after a recent quarterly dividend announcement.
• Silgan reported earnings per share of $1.01 in its last quarter, slightly missing the consensus estimate, but experienced an 11.4% year-over-year revenue increase, totaling $1.54 billion.

Silgan Holdings Inc. (NYSE:SLGN - Get Free Report) has received an average recommendation of "Moderate Buy" from the ten ratings firms that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $60.1111.

Several research analysts have weighed in on the stock. Weiss Ratings restated a "hold (c)" rating on shares of Silgan in a research report on Wednesday, October 8th. Bank of America raised shares of Silgan from a "neutral" rating to a "buy" rating and upped their price target for the company from $53.00 to $57.00 in a report on Thursday, August 28th. Wells Fargo & Company set a $55.00 price target on shares of Silgan and gave the company an "overweight" rating in a report on Wednesday, October 15th. Truist Financial reduced their price target on shares of Silgan from $67.00 to $62.00 and set a "buy" rating on the stock in a report on Monday, October 13th. Finally, Royal Bank Of Canada reduced their price target on shares of Silgan from $64.00 to $57.00 and set an "outperform" rating on the stock in a report on Friday, August 1st.

Silgan Trading Up 1.5%

Shares of SLGN opened at $44.21 on Wednesday. The company has a current ratio of 0.96, a quick ratio of 0.56 and a debt-to-equity ratio of 1.40. The firm's 50-day moving average is $44.24 and its two-hundred day moving average is $49.81. Silgan has a twelve month low of $41.29 and a twelve month high of $58.14. The firm has a market capitalization of $4.73 billion, a P/E ratio of 15.73, a PEG ratio of 1.36 and a beta of 0.69.

Silgan (NYSE:SLGN - Get Free Report) last issued its earnings results on Wednesday, July 30th. The industrial products company reported $1.01 earnings per share for the quarter, missing the consensus estimate of $1.03 by ($0.02). Silgan had a return on equity of 19.98% and a net margin of 4.90%.The company had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.53 billion. During the same quarter in the previous year, the company posted $0.88 earnings per share. The company's quarterly revenue was up 11.4% compared to the same quarter last year. Silgan has set its Q3 2025 guidance at 1.180-1.280 EPS. FY 2025 guidance at 3.850-4.050 EPS. On average, research analysts predict that Silgan will post 4.11 earnings per share for the current fiscal year.

Silgan Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend was Tuesday, September 2nd. Silgan's dividend payout ratio is 28.47%.

Insider Activity

In other Silgan news, EVP Robert B. Lewis sold 11,000 shares of the company'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 sale, the executive vice president owned 142,378 shares of the company's stock, valued at $6,649,052.60. This represents a 7.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.13% of the stock is owned by company insiders.

Hedge Funds Weigh In On Silgan

Institutional investors and hedge funds have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd lifted its stake in shares of Silgan by 174.6% during the second quarter. Caitong International Asset Management Co. Ltd now owns 497 shares of the industrial products company's stock valued at $27,000 after buying an additional 316 shares during the period. Hantz Financial Services Inc. lifted its stake in shares of Silgan by 359.4% during the second quarter. Hantz Financial Services Inc. now owns 634 shares of the industrial products company's stock valued at $34,000 after buying an additional 496 shares during the period. EverSource Wealth Advisors LLC lifted its stake 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 valued at $36,000 after buying an additional 577 shares during the period. Brooklyn Investment Group lifted its stake in shares of Silgan by 4,394.1% during the first quarter. Brooklyn Investment Group now owns 764 shares of the industrial products company's stock valued at $39,000 after buying an additional 747 shares during the period. Finally, Elevation Point Wealth Partners LLC purchased a new position in shares of Silgan during the second quarter valued at approximately $40,000. Hedge funds and other institutional investors own 70.25% of the company's stock.

Silgan Company 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.

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