Foster & Motley Inc. Acquires 6,698 Shares of Crown Holdings, Inc. $CCK

Foster & Motley Inc. increased its stake in shares of Crown Holdings, Inc. (NYSE:CCKFree Report) by 80.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,044 shares of the industrial products company’s stock after purchasing an additional 6,698 shares during the period. Foster & Motley Inc.’s holdings in Crown were worth $1,549,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in CCK. Harbor Capital Advisors Inc. lifted its stake in Crown by 103.1% in the third quarter. Harbor Capital Advisors Inc. now owns 264 shares of the industrial products company’s stock valued at $25,000 after buying an additional 134 shares during the period. Smartleaf Asset Management LLC increased its stake in shares of Crown by 105.0% in the 3rd quarter. Smartleaf Asset Management LLC now owns 289 shares of the industrial products company’s stock valued at $28,000 after acquiring an additional 148 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Crown in the 3rd quarter valued at approximately $29,000. ORG Partners LLC raised its position in shares of Crown by 52.5% in the 4th quarter. ORG Partners LLC now owns 305 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 105 shares during the period. Finally, Geneos Wealth Management Inc. boosted its stake in Crown by 45.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 111 shares during the last quarter. Institutional investors own 90.93% of the company’s stock.

Insider Activity at Crown

In other news, COO Djalma Novaes, Jr. sold 29,734 shares of Crown stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $114.80, for a total value of $3,413,463.20. Following the sale, the chief operating officer directly owned 88,052 shares in the company, valued at $10,108,369.60. This trade represents a 25.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 transaction of $830,025.00. Following the completion of the sale, the chief executive officer owned 474,736 shares in the company, valued at $52,539,033.12. This trade represents a 1.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 73,758 shares of company stock worth $8,078,508 in the last 90 days. Company insiders own 0.90% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on CCK shares. Wolfe Research set a $115.00 target price on shares of Crown in a research note on Friday, February 6th. Morgan Stanley restated an “overweight” rating on shares of Crown in a research report on Friday, February 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Crown in a research note on Friday. JPMorgan Chase & Co. cut Crown from an “overweight” rating to a “neutral” rating and boosted their target price for the company from $112.00 to $155.00 in a research note on Friday, February 6th. Finally, Wells Fargo & Company lowered their price target on Crown from $120.00 to $111.00 and set an “equal weight” rating for the company in a report on Friday, March 20th. Eleven investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $125.21.

Check Out Our Latest Report on Crown

Crown Price Performance

Shares of NYSE CCK opened at $100.22 on Wednesday. The company has a fifty day moving average price of $107.64 and a 200 day moving average price of $101.54. The firm has a market cap of $11.25 billion, a PE ratio of 15.73, a PEG ratio of 1.15 and a beta of 0.70. The company has a current ratio of 1.03, a quick ratio of 0.66 and a debt-to-equity ratio of 1.55. Crown Holdings, Inc. has a 1-year low of $75.98 and a 1-year high of $116.62.

Crown (NYSE:CCKGet Free Report) last released its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $1.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.05. The firm had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $2.99 billion. Crown had a return on equity of 26.68% and a net margin of 5.97%.The company’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter last 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. Research analysts predict that Crown Holdings, Inc. will post 6.96 earnings per share for the current fiscal year.

Crown Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th were given a $0.35 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $1.40 dividend on an annualized basis and a yield of 1.4%. This is a boost from Crown’s previous quarterly dividend of $0.26. Crown’s payout ratio is 21.98%.

Crown Company Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding CCK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Crown Holdings, Inc. (NYSE:CCKFree Report).

Institutional Ownership by Quarter for Crown (NYSE:CCK)

Receive News & Ratings for Crown Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crown and related companies with MarketBeat.com's FREE daily email newsletter.