Crown Holdings, Inc. $CCK Shares Acquired by Compagnie Lombard Odier SCmA

Compagnie Lombard Odier SCmA raised its holdings in Crown Holdings, Inc. (NYSE:CCKFree Report) by 79.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,672 shares of the industrial products company’s stock after buying an additional 5,600 shares during the quarter. Compagnie Lombard Odier SCmA’s holdings in Crown were worth $1,305,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in CCK. Hennessy Advisors Inc. acquired a new position in shares of Crown in the 3rd quarter valued at approximately $43,417,000. CWM LLC grew its holdings in Crown by 73.3% during the 3rd quarter. CWM LLC now owns 72,075 shares of the industrial products company’s stock worth $6,962,000 after acquiring an additional 30,488 shares in the last quarter. AEGON ASSET MANAGEMENT UK Plc bought a new stake in shares of Crown in the 3rd quarter worth about $15,472,000. Nordea Investment Management AB raised its stake in shares of Crown by 2.2% in the 4th quarter. Nordea Investment Management AB now owns 1,666,360 shares of the industrial products company’s stock valued at $171,668,000 after purchasing an additional 36,540 shares in the last quarter. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund lifted its position in shares of Crown by 235.5% during the third quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 25,500 shares of the industrial products company’s stock worth $2,463,000 after purchasing an additional 17,900 shares during the last quarter. 90.93% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Crown

In other news, COO Djalma Novaes, Jr. sold 29,734 shares of the firm’s stock in a transaction on 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 transaction, the chief operating officer directly owned 88,052 shares of the company’s stock, valued at approximately $10,108,369.60. This trade represents a 25.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Timothy J. Donahue sold 7,500 shares of Crown stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $110.67, for a total transaction of $830,025.00. Following the sale, the chief executive officer owned 474,736 shares in the company, valued at approximately $52,539,033.12. This represents a 1.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 73,758 shares of company stock worth $8,078,508 in the last ninety days. 0.90% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

CCK has been the subject of several research analyst reports. Jefferies Financial Group reissued a “buy” rating on shares of Crown in a report on Monday, February 23rd. JPMorgan Chase & Co. downgraded shares of Crown from an “overweight” rating to a “neutral” rating and lifted their price objective for the stock from $112.00 to $155.00 in a report on Friday, February 6th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Crown in a research note on Wednesday. They set a “buy” rating and a $124.00 target price for the company. Wall Street Zen downgraded shares of Crown from a “buy” rating to a “hold” rating in a research report on Saturday, March 28th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Crown in a report on Friday, March 27th. Twelve research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $125.13.

Read Our Latest Stock Analysis on Crown

Crown Trading Down 0.9%

Shares of NYSE:CCK opened at $102.84 on Friday. The company has a quick ratio of 0.66, a current ratio of 1.03 and a debt-to-equity ratio of 1.55. The company’s 50-day moving average price is $107.67 and its 200 day moving average price is $101.57. The company has a market cap of $11.54 billion, a PE ratio of 16.14, a P/E/G ratio of 1.22 and a beta of 0.75. Crown Holdings, Inc. has a fifty-two week low of $75.98 and a fifty-two week high of $116.62.

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

Crown Increases Dividend

The firm 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 was Tuesday, March 17th. This represents a $1.40 annualized dividend and a yield of 1.4%. This is an increase from Crown’s previous quarterly dividend of $0.26. Crown’s payout ratio is 21.98%.

About Crown

(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.

Further Reading

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Institutional Ownership by Quarter for Crown (NYSE:CCK)

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