Kovitz Investment Group Partners LLC Has $2.44 Million Stake in Crown Holdings, Inc. $CCK

Kovitz Investment Group Partners LLC reduced its stake in Crown Holdings, Inc. (NYSE:CCK) by 17.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,660 shares of the industrial products company’s stock after selling 5,102 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in Crown were worth $2,436,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in CCK. Smartleaf Asset Management LLC raised 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 purchasing an additional 148 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in shares of Crown during the third quarter worth about $29,000. ORG Partners LLC grew its holdings in shares of Crown by 52.5% during 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. grew 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 buying an additional 111 shares in the last quarter. Finally, BOK Financial Private Wealth Inc. acquired a new stake in Crown in the 4th quarter valued at approximately $42,000. Institutional investors own 90.93% of the company’s stock.

Insiders Place Their Bets

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

Analysts Set New Price Targets

CCK has been the subject of a number of recent research reports. Truist Financial reduced their price target on Crown from $135.00 to $129.00 and set a “buy” rating for the company in a research report on Wednesday, April 15th. Wall Street Zen upgraded shares of Crown from a “hold” rating to a “buy” rating in a report on Saturday. Weiss Ratings restated a “buy (b)” rating on shares of Crown in a report on Friday, March 27th. UBS Group decreased their target price on shares of Crown from $120.00 to $112.00 and set a “neutral” rating for the company in a research report on Wednesday, April 29th. Finally, DA Davidson lowered their price target on shares of Crown from $115.00 to $107.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 13th. Twelve analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $120.00.

Crown Trading Up 0.0%

Shares of NYSE:CCK opened at $101.54 on Friday. Crown Holdings, Inc. has a 52-week low of $89.21 and a 52-week high of $116.62. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.70 and a current ratio of 1.12. The company has a market capitalization of $11.35 billion, a P/E ratio of 16.17, a price-to-earnings-growth ratio of 1.68 and a beta of 0.63. The company has a 50-day simple moving average of $99.70 and a 200 day simple moving average of $103.14.

Crown (NYSE:CCK) last announced its quarterly earnings results on Monday, April 27th. The industrial products company reported $1.86 earnings per share for the quarter, topping analysts’ consensus estimates of $1.75 by $0.11. The firm had revenue of $3.26 billion for 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% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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. Sell-side analysts forecast that Crown Holdings, Inc. will post 8.05 earnings per share for the current year.

Crown Announces Dividend

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

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.