Truist Sees Soft Early-2026 Packaging Volumes, but Keeps Bullish View on Silgan (SLGN)

Silgan Holdings Inc. (NYSE:SLGN) is included among the 14 Best Mid Cap Dividend Aristocrat Stocks to Buy Now.

On January 6, Truist trimmed its price target on Silgan Holdings Inc. (NYSE:SLGN) to $50 from $53, while keeping its Buy rating. The analyst said packaging volumes could be a bit pressured in early 2026, mainly because promotional activity remains limited. Even so, some consumer packaged goods companies are still finding ways to lift volumes without giving back the pricing gains they’ve already achieved. Truist also expects beverage can demand to stay on an upward track in both North America and Europe. On the containerboard side, the firm believes producers should be able to push through price hikes, supported by disciplined supply management.

Separately, in November, Silgan Holdings Inc. (NYSE:SLGN) announced that its board approved a share repurchase program of up to $500 million, running through December 31, 2029. Adam Greenlee, President and CEO, made the following statement:

“This new authorization replaces our prior authorization which had approximately $25 million remaining for common stock repurchases. This new authorization will allow us to repurchase up to $500 million of our common stock from time to time through December 31, 2029. As in the past, we maintain a disciplined, returns based approach to capital deployment which has created significant value over time for our shareholders and the Company.”

Silgan Holdings Inc. (NYSE:SLGN) is a major supplier of sustainable rigid packaging used in everyday consumer goods. The company runs 124 manufacturing facilities across North and South America, Europe, and Asia.

While we acknowledge the potential of SLGN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SLGN and that has a 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 12 Best Dow Stocks to Buy in 2026 and 13 Best Consumer Staples Dividend Stocks to Invest In Now

Disclosure: None.