Arete Wealth Advisors LLC Takes $626,000 Position in Silgan Holdings Inc. $SLGN

Arete Wealth Advisors LLC acquired a new stake in Silgan Holdings Inc. (NYSE:SLGN) in the 1st quarter, HoldingsChannel reports. The fund acquired 12,240 shares of the industrial products company’s stock, valued at approximately $626,000.

Several other hedge funds have also added to or reduced their stakes in the business. JPMorgan Chase & Co. lifted its holdings in Silgan by 2.1% during the 1st quarter. JPMorgan Chase & Co. now owns 5,916,625 shares of the industrial products company’s stock valued at $302,458,000 after purchasing an additional 120,844 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Silgan by 8.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,312,590 shares of the industrial products company’s stock valued at $169,334,000 after purchasing an additional 250,577 shares during the last quarter. Wellington Management Group LLP lifted its holdings in Silgan by 18.5% during the 1st quarter. Wellington Management Group LLP now owns 2,868,870 shares of the industrial products company’s stock valued at $146,657,000 after purchasing an additional 448,828 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in Silgan by 4.7% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 2,595,520 shares of the industrial products company’s stock valued at $133,150,000 after purchasing an additional 115,878 shares during the last quarter. Finally, Janus Henderson Group PLC lifted its holdings in Silgan by 36.1% during the 4th quarter. Janus Henderson Group PLC now owns 1,515,582 shares of the industrial products company’s stock valued at $78,885,000 after purchasing an additional 401,890 shares during the last quarter. Institutional investors and hedge funds own 70.25% of the company’s stock.

Silgan Stock Down 0.6%

SLGN opened at $44.49 on Wednesday. Silgan Holdings Inc. has a fifty-two week low of $44.10 and a fifty-two week high of $58.14. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.56 and a current ratio of 0.96. The company has a market capitalization of $4.76 billion, a P/E ratio of 15.83, a P/E/G ratio of 1.16 and a beta of 0.71. The stock has a fifty day moving average of $49.97 and a 200-day moving average of $51.53.

Silgan (NYSE:SLGN) last posted its earnings results on Wednesday, July 30th. The industrial products company reported $1.01 earnings per share for the quarter, missing analysts’ consensus estimates of $1.03 by ($0.02). Silgan had a return on equity of 19.98% and a net margin of 4.90%.The firm had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.53 billion. During the same period in the prior year, the business posted $0.88 EPS. The firm’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, equities analysts expect that Silgan Holdings Inc. will post 4.11 EPS for the current year.

Silgan Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd will be given a $0.20 dividend. The ex-dividend date is Tuesday, September 2nd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.8%. Silgan’s dividend payout ratio (DPR) is presently 28.47%.

Insider Activity at Silgan

In related news, EVP Robert B. Lewis sold 11,000 shares of the firm’s stock in a transaction on Friday, August 22nd. The stock was 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 approximately $6,649,052.60. This trade 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 this link. Insiders own 1.13% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Raymond James Financial cut their price target on Silgan from $64.00 to $60.00 and set a “strong-buy” rating for the company in a report on Thursday, July 31st. Wells Fargo & Company raised their price target on Silgan from $60.00 to $62.00 and gave the company an “overweight” rating in a report on Friday, July 18th. Truist Financial raised their price target on Silgan from $62.00 to $67.00 and gave the company a “buy” rating in a report on Friday, July 11th. Royal Bank Of Canada dropped their target price on Silgan from $64.00 to $57.00 and set an “outperform” rating for the company in a report on Friday, August 1st. Finally, Bank of America raised Silgan from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $53.00 to $57.00 in a report on Thursday, August 28th. One analyst has rated the stock with a Strong Buy rating and eight have issued a Buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $62.22.

About Silgan

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.