Headquartered in Stamford, Connecticut, Silgan is a leading supplier of rigid packaging for consumer goods products with annual net sales of approximately $4.5 billion in 2019. Silgan operates 100 manufacturing facilities in North and South America, Europe and Asia. The Company is a leading supplier of metal containers in North America and Europe for food and general line products. The Company is also a leading worldwide supplier of metal and plastic closures and dispensing systems for food, beverage, health care, garden, personal care, home and beauty products. In addition, the Company is a leading supplier of plastic containers for shelf-stable food and personal care products in North America.

Company profile
Ticker
SLGN
Exchange
Website
CEO
Anthony Allott
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Silgan Holdings LLC • Silgan Corporation • Silgan Containers LLC • Silgan Containers Manufacturing Corporation • Silgan Containers Manufacturing • Silgan White Cap LLC • Silgan White Cap Corporation • Silgan White Cap Americas LLC • Silgan Equipment Company • Silgan ipec Corporation ...
IRS number
61269834
SLGN stock data
News
RBC Capital Maintains Outperform on Silgan Hldgs, Raises Price Target to $58
28 Jul 22
Raymond James Maintains Outperform on Silgan Hldgs, Raises Price Target to $50
28 Jul 22
Silgan Holdings Maintains FY22 Guidance
27 Jul 22
Silgan Holdings Q2 EPS $1.08 Beats $0.96 Estimate, Sales $1.54B Miss $1.57B Estimate
27 Jul 22
Silgan Hldgs: Q2 Earnings Insights
27 Jul 22
Press releases
Silgan Announces Participation in Jefferies Industrials Conference
8 Aug 22
Silgan Declares Quarterly Dividend
3 Aug 22
Silgan Holdings Inc. Completes Listing Transfer to the New York Stock Exchange
1 Aug 22
Silgan Announces All-Time Record Quarterly Earnings and Estimates Higher Earnings Next Quarter
27 Jul 22
Silgan Announces Transfer of Its Common Stock Listing to New York Stock Exchange; to Ring Opening Bell on August 1, 2022
19 Jul 22
Analyst ratings and price targets
Current price
Average target
$54.00
Low target
$50.00
High target
$58.00
RBC Capital
Maintains
$58.00
Raymond James
Maintains
$50.00
Calendar
4 Aug 22
13 Aug 22
31 Dec 22
Financial summary
Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 247.84M | 247.84M | 247.84M | 247.84M | 247.84M | 247.84M |
Cash burn (monthly) | 3.91M | (no burn) | (no burn) | (no burn) | 28.18M | (no burn) |
Cash used (since last report) | 5.69M | n/a | n/a | n/a | 41.07M | n/a |
Cash remaining | 242.15M | n/a | n/a | n/a | 206.78M | n/a |
Runway (months of cash) | 62.0 | n/a | n/a | n/a | 7.3 | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Jun 22 | Silver R Philip | Common Stock | Grant | Acquire A | No | No | 0 | 2,833 | 0 | 64,244 |
1 Jun 22 | Abramson Leigh J | Common Stock | Grant | Acquire A | No | No | 0 | 2,833 | 0 | 15,477 |
1 Jun 22 | Horrigan D Greg | Common Stock | Grant | Acquire A | No | No | 0 | 2,833 | 0 | 8,736,484 |
1 Jun 22 | Donovan William T | Common Stock | Grant | Acquire A | No | No | 0 | 2,833 | 0 | 20,964 |
1 Jun 22 | Kimberly A Fields | Common Stock | Grant | Acquire A | No | No | 0 | 2,833 | 0 | 12,546 |
Institutional ownership, Q1 2022
68.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 267 |
Opened positions | 47 |
Closed positions | 28 |
Increased positions | 91 |
Reduced positions | 85 |
13F shares | Current |
---|---|
Total value | 3.48B |
Total shares | 75.33M |
Total puts | 5.3K |
Total calls | 49.1K |
Total put/call ratio | 0.1 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 8.66M | $400.23M |
BLK Blackrock | 7M | $323.66M |
JPM JPMorgan Chase & Co. | 4.72M | $218.42M |
Wellington Management | 3.98M | $183.99M |
LSV Asset Management | 3.66M | $169.17M |
Cardinal Capital Management | 3.47M | $160.47M |
Allspring Global Investments | 3.24M | $149.71M |
Victory Capital Management | 2.8M | $129.52M |
STT State Street | 2.33M | $107.61M |
Dimensional Fund Advisors | 2.32M | $107.04M |
Financial report summary
?Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. junior Avg
|
New words:
Affiliated, agreed, concur, energy, fine, German, Issuer, matter, permanent, prevailing, proceed, project, put, restocking, settlement, twelve, unchanged
Removed:
April, commenced, competition, continued, effectively, emerging, estimate, Germany, involving, par, registered, stage
Financial reports
Current reports
8-K
Silgan Declares Quarterly Dividend
3 Aug 22
8-K
Silgan Announces All-time Record
27 Jul 22
8-K
Silgan Announces Transfer of Its
19 Jul 22
8-K
Other Events
12 Jul 22
8-K
Submission of Matters to a Vote of Security Holders
3 Jun 22
8-K
Silgan Declares Quarterly Dividend
3 May 22
8-K
Silgan Announces Record First Quarter Earnings and Raises Full Year Earnings Estimate
27 Apr 22
8-K
Silgan Announces Authorization
4 Mar 22
8-K
Silgan Announces Appointment of Anthony J. Allott
25 Feb 22
8-K
Silgan Announces Redemption
24 Feb 22
Registration and prospectus
25
Voluntary exchange delisting
29 Jul 22
8-A12B
Registration of securities on exchange
28 Jul 22
424B3
Prospectus supplement
11 Jun 20
424B3
Prospectus supplement
7 Dec 17
S-4
Registration of securities issued in business combination transactions
28 Nov 17
SC TO-I/A
Issuer tender offer statement (amended)
20 Nov 16
SC TO-I/A
Issuer tender offer statement (amended)
15 Nov 16
SC TO-I/A
Issuer tender offer statement (amended)
7 Nov 16
SC TO-I/A
Issuer tender offer statement (amended)
2 Nov 16
Other
CERT
Certification of approval for exchange listing
29 Jul 22
SD
Conflict minerals disclosure
31 May 22
SD
Conflict minerals disclosure
1 Jun 21
EFFECT
Notice of effectiveness
11 Jun 20
CORRESP
Correspondence with SEC
7 Jun 20
SD
Conflict minerals disclosure
1 Jun 20
UPLOAD
Letter from SEC
27 May 20
CORRESP
Correspondence with SEC
25 May 20
SD
Conflict minerals disclosure
31 May 19
UPLOAD
Letter from SEC
14 Oct 18
Ownership
4
SILGAN / BRAD A LICH ownership change
3 Jun 22
4
SILGAN / Joseph M Jordan ownership change
3 Jun 22
4
SILGAN / Kimberly A Fields ownership change
3 Jun 22
4
SILGAN / WILLIAM T DONOVAN ownership change
3 Jun 22
4
SILGAN / LEIGH J ABRAMSON ownership change
3 Jun 22
4
SILGAN / R PHILIP SILVER ownership change
3 Jun 22
4
SILGAN / D GREG HORRIGAN ownership change
3 Jun 22
4
SILGAN / B Frederik Prinzen ownership change
4 May 22
144
Notice of proposed sale of securities
2 May 22
4
SILGAN / Stacey J. McGrath ownership change
3 Mar 22
Patents
Utility
Laminated Can Sealant
4 Aug 22
A metal can with a monolithic laminated hermetic seal is provided.
Design
Hose end sprayer
26 Jul 22
Inventors: Brandon L. Ramsuer
Utility
Dual actuated aerosol devices
19 Jul 22
An aerosol actuator having a button actuator on a top surface thereof and a lever actuator extending away from the button actuator may be assembled with an aerosol container and valve to provide ergonomic application of a product utilizing the aerosol actuator.
Design
Closure
12 Jul 22
Inventors: Darren Neputy
Utility
Valve for a dispensing container
5 Jul 22
A valve assembly for a dispensing container includes a closure body detachably coupled to a co-injected valve.
Transcripts
2022 Q2
Earnings call transcript
27 Jul 22
2022 Q1
Earnings call transcript
27 Apr 22
2021 Q4
Earnings call transcript
26 Jan 22
2021 Q3
Earnings call transcript
27 Oct 21
2021 Q2
Earnings call transcript
28 Jul 21
2021 Q1
Earnings call transcript
1 May 21
2020 Q4
Earnings call transcript
28 Jan 21
2020 Q3
Earnings call transcript
21 Oct 20
2020 Q2
Earnings call transcript
22 Jul 20
2020 Q1
Earnings call transcript
22 Apr 20
Reddit threads
Daily Discussion Thread - July 27th, 2022
27 Jul 22
Daily Discussion Thread - July 26th, 2022
26 Jul 22
Daily Discussion Thread - July 25th, 2022
25 Jul 22
A Speculative Analysis Look-back - Round 3
27 Jun 22
Daily Discussion Thread - May 31st, 2022
31 May 22
Daily Discussion Thread - May 30th, 2022
30 May 22
Daily Discussion Thread - April 27th, 2022
27 Apr 22
Daily Discussion Thread - April 26th, 2022
26 Apr 22
Daily Discussion Thread - April 25th, 2022
25 Apr 22
Daily Discussion Thread - March 16th, 2022
16 Mar 22