Crown Holdings, Inc. $CCK Shares Purchased by Deprince Race & Zollo Inc.

Deprince Race & Zollo Inc. raised its position in shares of Crown Holdings, Inc. (NYSE:CCK) by 23.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 267,647 shares of the industrial products company’s stock after acquiring an additional 50,495 shares during the period. Deprince Race & Zollo Inc.’s holdings in Crown were worth $25,852,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of CCK. Harbor Capital Advisors Inc. grew its holdings in shares of Crown by 103.1% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 264 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 134 shares during the period. Geneos Wealth Management Inc. raised its holdings in Crown by 45.3% in the first quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock valued at $32,000 after buying an additional 111 shares during the period. Ameritas Advisory Services LLC acquired a new position in Crown during the second quarter valued at approximately $46,000. Cullen Frost Bankers Inc. grew its stake in Crown by 3,569.2% during the second quarter. Cullen Frost Bankers Inc. now owns 477 shares of the industrial products company’s stock worth $49,000 after buying an additional 464 shares during the period. Finally, Allworth Financial LP grew its stake in Crown by 420.9% during the second quarter. Allworth Financial LP now owns 599 shares of the industrial products company’s stock worth $62,000 after buying an additional 484 shares during the period. 90.93% of the stock is currently owned by hedge funds and other institutional investors.

Crown Stock Up 0.2%

Shares of Crown stock opened at $102.88 on Friday. Crown Holdings, Inc. has a 1-year low of $75.98 and a 1-year high of $109.48. The company has a market capitalization of $11.87 billion, a PE ratio of 12.73, a P/E/G ratio of 1.40 and a beta of 0.76. The company has a debt-to-equity ratio of 1.65, a current ratio of 1.16 and a quick ratio of 0.76. The business has a 50-day moving average of $98.33 and a 200-day moving average of $99.23.

Crown (NYSE:CCK) last issued its quarterly earnings results on Monday, October 20th. The industrial products company reported $2.24 EPS for the quarter, beating analysts’ consensus estimates of $1.98 by $0.26. Crown had a return on equity of 26.86% and a net margin of 7.79%.The firm had revenue of $3.20 billion during the quarter, compared to the consensus estimate of $3.13 billion. During the same quarter in the prior year, the business posted $1.99 earnings per share. Crown’s revenue for the quarter was up 4.2% on a year-over-year basis. Crown has set its Q4 2025 guidance at 1.650-1.75 EPS and its FY 2025 guidance at 7.700-7.80 EPS. As a group, equities analysts forecast that Crown Holdings, Inc. will post 6.96 EPS for the current fiscal year.

Crown Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, November 20th. Stockholders of record on Thursday, November 6th were given a dividend of $0.26 per share. The ex-dividend date of this dividend was Thursday, November 6th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.0%. Crown’s dividend payout ratio (DPR) is presently 12.87%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Truist Financial restated a “buy” rating and set a $126.00 target price (up previously from $118.00) on shares of Crown in a report on Wednesday, October 22nd. Royal Bank Of Canada raised their price objective on Crown from $116.00 to $120.00 and gave the company an “outperform” rating in a research report on Wednesday, October 22nd. Weiss Ratings restated a “buy (b)” rating on shares of Crown in a research note on Monday, December 22nd. Wall Street Zen upgraded Crown from a “hold” rating to a “buy” rating in a research note on Sunday, October 26th. Finally, Raymond James Financial reiterated an “outperform” rating and set a $115.00 target price (up from $110.00) on shares of Crown in a report on Wednesday, October 22nd. Twelve equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $118.08.

Insiders Place Their Bets

In related news, COO Djalma Novaes, Jr. sold 19,754 shares of the company’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $101.02, for a total value of $1,995,549.08. Following the sale, the chief operating officer directly owned 96,841 shares of the company’s stock, valued at $9,782,877.82. This represents a 16.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Timothy J. Donahue sold 8,476 shares of the stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $105.01, for a total transaction of $890,064.76. Following the transaction, the chief executive officer owned 440,580 shares in the company, valued at $46,265,305.80. This trade represents a 1.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.90% of the stock is currently owned by insiders.

About Crown

Crown Holdings, Inc is a leading global supplier of rigid packaging products for consumer goods markets. The company designs, manufactures and sells metal packaging for beverage, food, household, personal care and specialty products. Its portfolio includes aluminum and steel beverage cans, steel food cans, aluminum aerosols, metal closures and ends, offering customers end-to-end solutions from design and prototyping to large-scale production.

Founded in 1919 as the Crown Cork & Seal Company, Crown has grown through strategic acquisitions and investments in advanced manufacturing technologies.