Crown Holdings, Inc. (NYSE:CCK – Get Free Report) has been given an average recommendation of “Moderate Buy” by the sixteen research firms that are covering the firm, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation and eleven have assigned a buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $125.8571.
CCK has been the subject of a number of research analyst reports. Morgan Stanley restated an “overweight” rating on shares of Crown in a research report on Friday, February 6th. Wells Fargo & Company upped their price objective on Crown from $106.00 to $120.00 and gave the company an “equal weight” rating in a report on Friday, February 6th. UBS Group set a $126.00 target price on Crown and gave the company a “neutral” rating in a research note on Monday, February 9th. Jefferies Financial Group reiterated a “buy” rating on shares of Crown in a research report on Monday. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Crown in a research report on Monday, December 29th.
Read Our Latest Research Report on CCK
Crown Stock Performance
Crown (NYSE:CCK – Get Free Report) last issued its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $1.74 earnings per share for the quarter, topping analysts’ consensus estimates of $1.69 by $0.05. The company had revenue of $3.13 billion during the quarter, compared to analyst estimates of $2.99 billion. Crown had a net margin of 5.97% and a return on equity of 26.68%. The business’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period in the prior year, the business posted $1.59 EPS. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q1 2026 guidance at 1.700-1.800 EPS. On average, sell-side analysts anticipate that Crown will post 6.96 earnings per share for the current fiscal year.
Insider Buying and Selling
In other Crown news, CEO Timothy J. Donahue sold 7,500 shares of Crown stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $110.67, for a total value of $830,025.00. Following the transaction, the chief executive officer owned 474,736 shares in the company, valued at approximately $52,539,033.12. The trade was a 1.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, COO Djalma Novaes, Jr. sold 19,754 shares of the 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 owned 96,841 shares of the company’s stock, valued at $9,782,877.82. This trade represents a 16.94% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 72,254 shares of company stock valued at $7,550,659 over the last 90 days. 0.90% of the stock is currently owned by insiders.
Hedge Funds Weigh In On Crown
A number of hedge funds and other institutional investors have recently modified their holdings of CCK. State Street Corp lifted its stake in Crown by 2.1% during the third quarter. State Street Corp now owns 4,514,736 shares of the industrial products company’s stock valued at $436,078,000 after buying an additional 93,045 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of Crown by 19.3% during the fourth quarter. AQR Capital Management LLC now owns 4,137,962 shares of the industrial products company’s stock valued at $426,086,000 after acquiring an additional 670,412 shares during the period. Invesco Ltd. lifted its position in shares of Crown by 33.6% in the 4th quarter. Invesco Ltd. now owns 3,526,983 shares of the industrial products company’s stock valued at $363,173,000 after acquiring an additional 886,471 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in Crown by 5.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 3,300,662 shares of the industrial products company’s stock worth $339,902,000 after purchasing an additional 165,600 shares during the period. Finally, Franklin Resources Inc. grew its position in Crown by 5.3% during the 3rd quarter. Franklin Resources Inc. now owns 2,979,842 shares of the industrial products company’s stock worth $287,823,000 after purchasing an additional 149,700 shares in the last quarter. Institutional investors and hedge funds own 90.93% of the company’s stock.
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.
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