Wells Fargo Maintains Overweight on Silgan Hldgs, Lowers Price Target to $54
$SLGN
Containers/Packaging
Industrials
Wells Fargo analyst Gabe Hajde maintains Silgan Hldgs (NYSE:SLGN) with a Overweight and lowers the price target from $55 to $54.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/1/2024 | $46.00 → $53.00 | Underweight → Neutral | JP Morgan |
| 7/8/2024 | $50.00 | Neutral → Buy | Citigroup |
| 1/3/2024 | $44.00 → $47.00 | Buy → Neutral | Citigroup |
| 10/20/2023 | $50.00 → $55.00 | Outperform | Raymond James |
| 7/27/2023 | $53.00 | Neutral → Outperform | Robert W. Baird |
| 4/27/2023 | $56.00 | Neutral → Buy | Citigroup |
| 1/5/2023 | $64.00 | Hold → Buy | Truist |
| 1/27/2022 | $41.00 → $45.00 | Hold | Deutsche Bank |
Silgan Holdings Inc. (NYSE:SLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, announced today that its Board of Directors declared a quarterly cash dividend on its common stock. The Board of Directors approved a $0.19 per share quarterly cash dividend payable on December 16, 2024 to the holders of record of common stock of the Company on December 2, 2024. With this dividend payment, the Company will have paid a quarterly cash dividend on its common stock, which it has increased every year, for eighty-three consecutive quarters since 2004. Silgan is a leading supplier of sustainable rigid packaging solutions for the world's
Silgan Holdings Inc. (NYSE:SLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, announced today that it has completed an amendment to its existing senior secured credit facility. This amendment extends the maturity dates for its senior secured credit facility to five years for revolving loans and six years for term loans from the effective date, removes the springing maturity date provisions with respect to the Company's senior notes and provides additional flexibility for the Company. "We are pleased to announce the successful completion of an amendment to our senior secured credit facility," said Kim Ulmer, Senior Vice Pres
Highlights Completed acquisition of Weener Packaging Renewed long-term contract with largest customer Delivered double digit growth and record volume in dispensing products Record Dispensing and Specialty Closures segment Adjusted EBIT Anticipates significant growth in 2025 Silgan Holdings Inc. (NYSE:SLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, today reported third quarter 2024 net sales of $1.75 billion and net income of $100.1 million, or $0.93 per diluted share, as compared to third quarter 2023 net sales of $1.80 billion and net income of $110.6 million, or $1.02 per diluted share. Adjusted net income
4 - SILGAN HOLDINGS INC (0000849869) (Issuer)
4 - SILGAN HOLDINGS INC (0000849869) (Issuer)
4 - SILGAN HOLDINGS INC (0000849869) (Issuer)
8-K - SILGAN HOLDINGS INC (0000849869) (Filer)
10-Q - SILGAN HOLDINGS INC (0000849869) (Filer)
8-K - SILGAN HOLDINGS INC (0000849869) (Filer)
SC 13G - SILGAN HOLDINGS INC (0000849869) (Subject)
SC 13G - SILGAN HOLDINGS INC (0000849869) (Subject)
SC 13G - SILGAN HOLDINGS INC (0000849869) (Subject)
PORTLAND, Tenn., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (NASDAQ:SHLS), a global leader in electrical balance of systems (EBOS) solutions for the energy transition market, today announced that its Board of Directors has appointed Niharika Taskar Ramdev to the Board, effective August 9, 2024. The Board also appointed Ms. Ramdev to be a member of the Audit Committee of the Board. Ms. Ramdev replaces Peter Wilver, who resigned from the Board of Directors as of August 9, 2024. Shoals thanks Mr. Wilver for his service to the Company and its stockholders. "We are grateful to Pete for his outstanding contribution to Shoals and are excited to welcome Niharika to the Boar
Silgan Holdings Inc. (NYSE:SLGN), a leading supplier of sustainable rigid packaging for consumer goods products, announced that R. Philip Silver informed the Company today of his decision to retire as a Director of the Company, effective following the conclusion of the Company's Board of Directors meeting held today. Mr. Silver co-founded the Company together with D. Greg Horrigan 35 years ago and has served as a Director of the Company since its founding. Mr. Silver had also served as the Company's Chairman of the Board in an executive capacity and Co-Chairman of the Board in both an executive and non-executive capacity from its founding until March 2019. "From the initial founding of Sil
Silgan Holdings Inc. (NASDAQ:SLGN), a leading supplier of sustainable rigid packaging solutions for consumer goods products, announced today that, as part of the continuation of its long-term succession planning, Anthony J. Allott has been appointed Non-Executive Chairman of the Board of Directors of the Company, effective April 1, 2022, having served as Executive Chairman until that time. "This is the next planned logical step of our long-term succession plan which we have been successfully implementing over the last several years. With his experience leading Silgan for twenty years and his almost thirty years of experience in packaging, we are delighted that Tony will continue to lead ou
JP Morgan upgraded Silgan Holdings from Underweight to Neutral and set a new price target of $53.00 from $46.00 previously
Citigroup upgraded Silgan Holdings from Neutral to Buy and set a new price target of $50.00
Citigroup downgraded Silgan Holdings from Buy to Neutral and set a new price target of $47.00 from $44.00 previously
Citigroup analyst Anthony Pettinari upgrades Silgan Hldgs (NYSE:SLGN) from Neutral to Buy and announces $50 price target.
Silgan Hldgs's (NYSE:SLGN) short percent of float has risen 3.65% since its last report. The company recently reported that it has 1.31 million shares sold short, which is 1.42% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.52 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest i
Silgan Holdings Inc. (NYSE:SLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, announced today that its Board of Directors declared a quarterly cash dividend on its common stock. The Board of Directors approved a $0.19 per share quarterly cash dividend payable on December 16, 2024 to the holders of record of common stock of the Company on December 2, 2024. With this dividend payment, the Company will have paid a quarterly cash dividend on its common stock, which it has increased every year, for eighty-three consecutive quarters since 2004. Silgan is a leading supplier of sustainable rigid packaging solutions for the world's
Highlights Completed acquisition of Weener Packaging Renewed long-term contract with largest customer Delivered double digit growth and record volume in dispensing products Record Dispensing and Specialty Closures segment Adjusted EBIT Anticipates significant growth in 2025 Silgan Holdings Inc. (NYSE:SLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, today reported third quarter 2024 net sales of $1.75 billion and net income of $100.1 million, or $0.93 per diluted share, as compared to third quarter 2023 net sales of $1.80 billion and net income of $110.6 million, or $1.02 per diluted share. Adjusted net income
Silgan Holdings Inc. (NYSE:SLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, will release its third quarter 2024 earnings results on Wednesday, October 30, 2024, before the U.S. markets open. At 11:00 a.m. eastern time on that day, Silgan will hold a conference call to discuss the Company's results and performance for this period. Callers in the U.S. and Canada can access the conference call toll free by dialing (866) 416-5346. Callers outside of the U.S. and Canada should dial (773) 305-6865 for the conference call. The confirmation code for the conference call is 6661013. The conference call audio will also be webcast li