Dakota Wealth Management Makes New Investment in Crown Holdings, Inc. $CCK

Dakota Wealth Management acquired a new stake in Crown Holdings, Inc. (NYSE:CCK) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 5,900 shares of the industrial products company’s stock, valued at approximately $608,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Geneos Wealth Management Inc. boosted its holdings in shares of Crown by 45.3% during the first quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 111 shares during the period. Siemens Fonds Invest GmbH increased its holdings in Crown by 7.7% during the 3rd quarter. Siemens Fonds Invest GmbH now owns 1,626 shares of the industrial products company’s stock valued at $157,000 after purchasing an additional 116 shares during the period. Harbor Capital Advisors Inc. increased its holdings in Crown by 103.1% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 264 shares of the industrial products company’s stock valued at $25,000 after purchasing an additional 134 shares during the period. Smartleaf Asset Management LLC raised its position in Crown by 105.0% during the 3rd quarter. Smartleaf Asset Management LLC now owns 289 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 148 shares during the last quarter. Finally, Evergreen Capital Management LLC lifted its holdings in Crown by 5.2% in the 2nd quarter. Evergreen Capital Management LLC now owns 3,345 shares of the industrial products company’s stock worth $344,000 after buying an additional 164 shares during the period. 90.93% of the stock is owned by institutional investors.

Insider Buying and Selling at Crown

In other news, CEO Timothy J. Donahue sold 29,024 shares of the business’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $105.00, for a total transaction of $3,047,520.00. Following the sale, the chief executive officer owned 411,556 shares in the company, valued at approximately $43,213,380. The trade was a 6.59% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Djalma Novaes, Jr. sold 29,734 shares of the company’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $114.80, for a total transaction of $3,413,463.20. Following the completion of the sale, the chief operating officer directly owned 88,052 shares in the company, valued at $10,108,369.60. This represents a 25.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 73,758 shares of company stock valued at $8,078,508 in the last three months. Insiders own 0.90% of the company’s stock.

Analyst Upgrades and Downgrades

CCK has been the topic of a number of recent analyst reports. Wall Street Zen lowered Crown from a “buy” rating to a “hold” rating in a research report on Saturday. Truist Financial reaffirmed a “buy” rating and issued a $135.00 price target (up from $130.00) on shares of Crown in a research note on Friday, February 6th. Mizuho lifted their price target on shares of Crown from $120.00 to $130.00 and gave the company an “outperform” rating in a report on Thursday, February 5th. Jefferies Financial Group reissued a “buy” rating on shares of Crown in a research report on Monday, February 23rd. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Crown in a report on Friday. Eleven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $125.21.

Crown Stock Down 1.3%

CCK stock opened at $98.24 on Tuesday. Crown Holdings, Inc. has a fifty-two week low of $75.98 and a fifty-two week high of $116.62. The business’s 50 day moving average price is $107.67 and its two-hundred day moving average price is $101.51. The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.66 and a current ratio of 1.03. The company has a market capitalization of $11.03 billion, a price-to-earnings ratio of 15.42, a price-to-earnings-growth ratio of 1.17 and a beta of 0.70.

Crown (NYSE:CCK) last released its earnings results on Wednesday, February 4th. The industrial products company reported $1.74 EPS for the quarter, beating analysts’ consensus estimates of $1.69 by $0.05. Crown had a return on equity of 26.68% and a net margin of 5.97%.The company had revenue of $3.13 billion during the quarter, compared to analysts’ expectations of $2.99 billion. During the same quarter last year, the business posted $1.59 EPS. The firm’s revenue for the quarter was up 7.7% compared to the same quarter last year. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q1 2026 guidance at 1.700-1.800 EPS. As a group, analysts forecast that Crown Holdings, Inc. will post 6.96 earnings per share for the current fiscal year.

Crown Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be given a dividend of $0.35 per share. This is an increase from Crown’s previous quarterly dividend of $0.26. This represents a $1.40 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Tuesday, March 17th. Crown’s payout ratio is 21.98%.

Crown Profile

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.