William Blair Investment Management LLC Boosts Holdings in Silgan Holdings Inc. $SLGN

William Blair Investment Management LLC raised its stake in shares of Silgan Holdings Inc. (NYSE:SLGN) by 11.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 666,415 shares of the industrial products company’s stock after purchasing an additional 68,611 shares during the period. William Blair Investment Management LLC’s holdings in Silgan were worth $26,903,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC purchased a new position in Silgan during the third quarter valued at $33,000. EverSource Wealth Advisors LLC lifted its holdings in 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 purchasing an additional 577 shares in the last quarter. Danske Bank A S lifted its holdings in Silgan by 233.3% during the fourth quarter. Danske Bank A S now owns 1,000 shares of the industrial products company’s stock valued at $40,000 after purchasing an additional 700 shares in the last quarter. Fifth Third Bancorp lifted its holdings in Silgan by 37.4% during the fourth quarter. Fifth Third Bancorp now owns 1,084 shares of the industrial products company’s stock valued at $44,000 after purchasing an additional 295 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in Silgan during the first quarter valued at $54,000. 70.25% of the stock is owned by hedge funds and other institutional investors.

Silgan Stock Performance

NYSE:SLGN opened at $37.91 on Tuesday. The company’s 50-day moving average price is $39.63 and its 200-day moving average price is $41.49. The company has a current ratio of 1.26, a quick ratio of 0.78 and a debt-to-equity ratio of 1.58. The company has a market cap of $4.01 billion, a P/E ratio of 14.25, a P/E/G ratio of 2.17 and a beta of 0.74. Silgan Holdings Inc. has a twelve month low of $36.15 and a twelve month high of $57.04.

Silgan (NYSE:SLGN) last posted its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.04. The firm had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.51 billion. Silgan had a net margin of 4.31% and a return on equity of 17.22%. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same period last year, the firm posted $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. On average, sell-side analysts forecast that Silgan Holdings Inc. will post 3.78 earnings per share for the current fiscal year.

Silgan Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be paid a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Monday, June 1st. Silgan’s dividend payout ratio (DPR) is currently 31.58%.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. Royal Bank Of Canada increased their price objective on shares of Silgan from $48.00 to $49.00 and gave the company a “sector perform” rating in a report on Thursday, April 30th. JPMorgan Chase & Co. decreased their price objective on shares of Silgan from $53.00 to $47.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Truist Financial decreased their price objective on shares of Silgan from $54.00 to $52.00 and set a “buy” rating on the stock in a report on Thursday, April 30th. Weiss Ratings downgraded shares of Silgan from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, April 24th. Finally, Citigroup decreased their price target on shares of Silgan from $56.00 to $54.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. Six equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Silgan currently has a consensus rating of “Moderate Buy” and a consensus target price of $51.56.

Silgan Profile

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.