AlphaQuest LLC Raises Stock Holdings in Crown Holdings, Inc. $CCK

AlphaQuest LLC lifted its holdings in shares of Crown Holdings, Inc. (NYSE:CCK) by 31.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,848 shares of the industrial products company’s stock after purchasing an additional 10,019 shares during the quarter. Crown accounts for approximately 0.2% of AlphaQuest LLC’s portfolio, making the stock its 25th largest position. AlphaQuest LLC’s holdings in Crown were worth $4,309,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Smartleaf Asset Management LLC grew its holdings in shares of Crown by 105.0% during the third quarter. Smartleaf Asset Management LLC now owns 289 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 148 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in Crown in the third quarter worth approximately $29,000. ORG Partners LLC boosted its stake in Crown by 52.5% in the fourth quarter. ORG Partners LLC now owns 305 shares of the industrial products company’s stock worth $31,000 after buying an additional 105 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in Crown by 45.3% in the first quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock worth $32,000 after buying an additional 111 shares in the last quarter. Finally, Root Financial Partners LLC purchased a new stake in Crown in the third quarter worth approximately $37,000. Hedge funds and other institutional investors own 90.93% of the company’s stock.

Crown Stock Performance

Shares of CCK stock opened at $96.75 on Tuesday. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.70 and a current ratio of 1.12. Crown Holdings, Inc. has a fifty-two week low of $89.21 and a fifty-two week high of $116.62. The stock has a 50 day moving average price of $101.63 and a two-hundred day moving average price of $103.18. The company has a market capitalization of $10.81 billion, a P/E ratio of 15.41, a PEG ratio of 1.60 and a beta of 0.65.

Crown (NYSE:CCK) last announced its quarterly earnings data on Monday, April 27th. The industrial products company reported $1.86 earnings per share for the quarter, beating the consensus estimate of $1.75 by $0.11. The firm had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $3.03 billion. Crown had a return on equity of 26.62% and a net margin of 5.65%.The business’s revenue was up 12.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.67 earnings per share. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q2 2026 guidance at 2.100-2.200 EPS. Analysts expect that Crown Holdings, Inc. will post 8.05 earnings per share for the current year.

Crown Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 28th. Investors of record on Thursday, May 14th will be issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Thursday, May 14th. Crown’s dividend payout ratio is currently 22.29%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on CCK. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Crown in a research note on Friday, March 27th. Truist Financial cut their target price on Crown from $135.00 to $129.00 and set a “buy” rating for the company in a research note on Wednesday, April 15th. Mizuho upped their target price on Crown from $120.00 to $130.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. Morgan Stanley reaffirmed an “overweight” rating on shares of Crown in a research note on Friday, February 6th. Finally, Wells Fargo & Company cut their target price on Crown from $111.00 to $109.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 14th. 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 MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $120.00.

Insider Activity at Crown

In related news, CEO Timothy J. Donahue sold 7,500 shares of the company’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $106.85, for a total transaction of $801,375.00. Following the completion of the transaction, the chief executive officer owned 451,070 shares in the company, valued at $48,196,829.50. This represents a 1.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.90% of the stock is currently owned by corporate insiders.

Crown Company 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.