Aaron Wealth Advisors LLC Has $1.58 Million Position in Crown Holdings, Inc. $CCK

Aaron Wealth Advisors LLC lessened its stake in Crown Holdings, Inc. (NYSE:CCK) by 23.4% in the 1st quarter, Holdings Channel reports. The institutional investor owned 15,768 shares of the industrial products company’s stock after selling 4,816 shares during the period. Aaron Wealth Advisors LLC’s holdings in Crown were worth $1,581,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Royal Bank of Canada lifted its position in shares of Crown by 24.1% in the 1st quarter. Royal Bank of Canada now owns 48,920 shares of the industrial products company’s stock worth $4,367,000 after acquiring an additional 9,497 shares during the period. Integrated Wealth Concepts LLC raised its position in Crown by 39.4% in the first quarter. Integrated Wealth Concepts LLC now owns 4,109 shares of the industrial products company’s stock worth $367,000 after purchasing an additional 1,161 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in Crown during the first quarter worth about $111,000. NewEdge Advisors LLC lifted its stake in Crown by 6.3% during the first quarter. NewEdge Advisors LLC now owns 5,917 shares of the industrial products company’s stock worth $528,000 after purchasing an additional 351 shares during the period. Finally, Goldman Sachs Group Inc. boosted its holdings in Crown by 23.7% during the first quarter. Goldman Sachs Group Inc. now owns 666,262 shares of the industrial products company’s stock valued at $59,471,000 after purchasing an additional 127,737 shares in the last quarter. 90.93% of the stock is owned by institutional investors and hedge funds.

Crown Trading Up 0.8%

CCK stock opened at $109.82 on Friday. The company has a market cap of $12.27 billion, a P/E ratio of 17.49, a PEG ratio of 1.80 and a beta of 0.63. Crown Holdings, Inc. has a twelve month low of $89.21 and a twelve month high of $116.62. The company has a quick ratio of 0.70, a current ratio of 1.12 and a debt-to-equity ratio of 1.67. The business has a fifty day moving average of $99.67 and a 200-day moving average of $103.42.

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

Crown Announces Dividend

The business also recently disclosed 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. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Thursday, May 14th. Crown’s dividend payout ratio (DPR) is presently 22.29%.

Insider Buying and Selling

In other news, CEO Timothy J. Donahue sold 15,000 shares of the business’s stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $105.00, for a total value of $1,575,000.00. Following the sale, the chief executive officer directly owned 436,070 shares in the company, valued at $45,787,350. The trade was a 3.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 30,000 shares of company stock valued at $3,163,875. Insiders own 0.90% of the company’s stock.

Wall Street Analysts Forecast Growth

CCK has been the topic of several recent analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Crown in a research note on Friday, March 27th. Royal Bank Of Canada dropped their price objective on Crown from $140.00 to $129.00 and set an “outperform” rating for the company in a research note on Friday, April 17th. Bank of America cut their price objective on Crown from $131.00 to $126.00 and set a “buy” rating for the company in a report on Monday, April 6th. Citigroup boosted their target price on shares of Crown from $127.00 to $129.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Finally, UBS Group decreased their price objective on shares of Crown from $120.00 to $112.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 29th. Twelve analysts have rated the stock with a Buy rating and five have given 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 a consensus price target of $120.14.

Crown 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.