1,347,817 Shares in Silgan Holdings Inc. $SLGN Acquired by Jupiter Topco LLC

Jupiter Topco LLC acquired a new stake in shares of Silgan Holdings Inc. (NYSE:SLGN) during the second quarter, Holdings Channel.com reports. The fund acquired 1,347,817 shares of the industrial products company’s stock, valued at approximately $62,526,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Envestnet Portfolio Solutions Inc. boosted its stake in shares of Silgan by 1.3% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 17,441 shares of the industrial products company’s stock valued at $704,000 after buying an additional 221 shares during the period. Inspire Advisors LLC raised its holdings in shares of Silgan by 4.5% during the fourth quarter. Inspire Advisors LLC now owns 5,123 shares of the industrial products company’s stock worth $207,000 after acquiring an additional 221 shares in the last quarter. Fifth Third Bancorp raised its holdings in shares of Silgan by 37.4% during the fourth quarter. Fifth Third Bancorp now owns 1,084 shares of the industrial products company’s stock worth $44,000 after acquiring an additional 295 shares in the last quarter. NewEdge Advisors LLC boosted its position in Silgan by 4.8% during the second quarter. NewEdge Advisors LLC now owns 6,767 shares of the industrial products company’s stock valued at $367,000 after purchasing an additional 308 shares during the last quarter. Finally, California State Teachers Retirement System boosted its position in Silgan by 0.4% during the second quarter. California State Teachers Retirement System now owns 79,193 shares of the industrial products company’s stock valued at $4,291,000 after purchasing an additional 337 shares during the last quarter. Institutional investors and hedge funds own 70.25% of the company’s stock.

Silgan Price Performance

Shares of NYSE:SLGN opened at $41.84 on Friday. The stock has a market capitalization of $4.42 billion, a P/E ratio of 16.41, a P/E/G ratio of 2.50 and a beta of 0.68. The business has a 50-day moving average of $43.78 and a two-hundred day moving average of $42.22. Silgan Holdings Inc. has a fifty-two week low of $35.68 and a fifty-two week high of $49.55. The company has a debt-to-equity ratio of 1.54, a current ratio of 1.27 and a quick ratio of 0.80.

Silgan (NYSE:SLGN) last issued its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $0.98 EPS for the quarter, beating analysts’ consensus estimates of $0.96 by $0.02. Silgan had a return on equity of 16.74% and a net margin of 4.05%.The business had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.62 billion. During the same quarter in the prior year, the firm posted $1.01 EPS. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. Silgan has set its FY 2026 guidance at 3.730-3.930 EPS and its Q3 2026 guidance at 1.210-1.310 EPS. On average, equities research analysts predict that Silgan Holdings Inc. will post 3.82 EPS for the current fiscal year.

Silgan Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be issued a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 2.0%. The ex-dividend date is Tuesday, September 1st. Silgan’s dividend payout ratio (DPR) is 32.94%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on SLGN. Bank of America upped their target price on Silgan from $53.00 to $58.00 and gave the stock a “buy” rating in a research report on Tuesday, July 14th. Raymond James Financial reissued an “outperform” rating and issued a $59.00 price target on shares of Silgan in a research note on Wednesday, July 15th. Truist Financial cut their price objective on shares of Silgan from $54.00 to $52.00 and set a “buy” rating on the stock in a research report on Thursday, April 30th. BMO Capital Markets started coverage on shares of Silgan in a research report on Thursday, July 16th. They issued an “outperform” rating and a $57.00 target price for the company. Finally, Wells Fargo & Company restated an “overweight” rating and set a $56.00 price target (up from $55.00) on shares of Silgan in a research note on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $54.00.

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.