Crown (NYSE:CCK) Upgraded at Wall Street Zen

Crown (NYSE:CCK) was upgraded by research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Sunday.

A number of other equities analysts also recently issued reports on the company. UBS Group set a $126.00 price target on Crown and gave the stock a “neutral” rating in a research report on Monday, February 9th. Wells Fargo & Company decreased their price objective on Crown from $120.00 to $111.00 and set an “equal weight” rating for the company in a report on Friday, March 20th. Mizuho increased their target price on shares of Crown from $120.00 to $130.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. Truist Financial reissued a “buy” rating and set a $135.00 target price (up from $130.00) on shares of Crown in a research report on Friday, February 6th. Finally, JPMorgan Chase & Co. lowered shares of Crown from an “overweight” rating to a “neutral” rating and boosted their price target for the company from $112.00 to $155.00 in a report on Friday, February 6th. Twelve investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Crown presently has an average rating of “Moderate Buy” and an average price target of $125.13.

Crown Stock Performance

Shares of Crown stock opened at $102.84 on Friday. The stock’s fifty day moving average is $107.64 and its two-hundred day moving average is $101.66. 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 has a market capitalization of $11.54 billion, a PE ratio of 16.14, a price-to-earnings-growth ratio of 1.37 and a beta of 0.75. Crown has a 52 week low of $75.98 and a 52 week high of $116.62.

Crown (NYSE:CCK) last posted its quarterly 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 company had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $2.99 billion. Crown had a net margin of 5.97% and a return on equity of 26.68%. The firm’s revenue was up 7.7% compared to the same quarter last year. During the same quarter last year, the firm 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. As a group, analysts expect that Crown will post 6.96 earnings per share for the current year.

Insider Buying and Selling at Crown

In related news, COO Djalma Novaes, Jr. sold 29,734 shares of the business’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 in the company, valued at $10,108,369.60. The trade was a 25.24% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Timothy J. Donahue sold 29,024 shares of the company’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $105.00, for a total value of $3,047,520.00. Following the transaction, the chief executive officer directly owned 411,556 shares in the company, valued at $43,213,380. This represents a 6.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 73,758 shares of company stock worth $8,078,508 over the last ninety days. Corporate insiders own 0.90% of the company’s stock.

Institutional Investors Weigh In On Crown

A number of large investors have recently modified their holdings of CCK. State Street Corp increased its holdings in shares of 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 acquiring an additional 93,045 shares in the last quarter. AQR Capital Management LLC grew its position in Crown by 19.3% during the 4th quarter. AQR Capital Management LLC now owns 4,137,962 shares of the industrial products company’s stock worth $426,086,000 after purchasing an additional 670,412 shares during the last quarter. Invesco Ltd. increased its stake in Crown by 33.6% during the 4th quarter. Invesco Ltd. now owns 3,526,983 shares of the industrial products company’s stock valued at $363,173,000 after purchasing an additional 886,471 shares in the last quarter. Franklin Resources Inc. raised its holdings in shares of Crown by 5.3% in the third quarter. Franklin Resources Inc. now owns 2,979,842 shares of the industrial products company’s stock worth $287,823,000 after buying an additional 149,700 shares during the last quarter. Finally, Swedbank AB raised its holdings in shares of Crown by 1.9% in the fourth quarter. Swedbank AB now owns 2,541,183 shares of the industrial products company’s stock worth $261,666,000 after buying an additional 47,613 shares during the last quarter. Hedge funds and other institutional investors 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.