California Public Employees Retirement System Sells 7,987 Shares of Crown Holdings, Inc. $CCK

California Public Employees Retirement System lessened its holdings in shares of Crown Holdings, Inc. (NYSE:CCK) by 2.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 272,565 shares of the industrial products company’s stock after selling 7,987 shares during the quarter. California Public Employees Retirement System’s holdings in Crown were worth $27,325,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Royal Bank of Canada lifted its position in shares of Crown by 24.1% in the first quarter. Royal Bank of Canada now owns 48,920 shares of the industrial products company’s stock valued at $4,367,000 after buying an additional 9,497 shares during the last quarter. Integrated Wealth Concepts LLC increased its holdings in shares of Crown by 39.4% during the 1st quarter. Integrated Wealth Concepts LLC now owns 4,109 shares of the industrial products company’s stock worth $367,000 after acquiring an additional 1,161 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Crown during the 1st quarter worth approximately $111,000. NewEdge Advisors LLC raised its stake in Crown by 6.3% in the 1st quarter. NewEdge Advisors LLC now owns 5,917 shares of the industrial products company’s stock valued at $528,000 after acquiring an additional 351 shares during the period. Finally, Goldman Sachs Group Inc. lifted its holdings in Crown by 23.7% during the 1st 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 during the last quarter. Institutional investors own 90.93% of the company’s stock.

Crown Stock Performance

Shares of NYSE CCK opened at $118.00 on Wednesday. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.12 and a quick ratio of 0.70. The firm has a market cap of $13.19 billion, a price-to-earnings ratio of 16.98, a P/E/G ratio of 1.91 and a beta of 0.60. The stock’s fifty day moving average price is $103.54 and its two-hundred day moving average price is $104.90. Crown Holdings, Inc. has a one year low of $89.21 and a one year high of $121.76.

Crown (NYSE:CCK) last posted its earnings results on Monday, July 20th. The industrial products company reported $2.49 earnings per share for the quarter, topping analysts’ consensus estimates of $2.16 by $0.33. The company had revenue of $3.67 billion during the quarter, compared to the consensus estimate of $3.37 billion. Crown had a return on equity of 27.14% and a net margin of 5.91%.During the same quarter last year, the firm earned $2.15 earnings per share. Crown has set its Q3 2026 guidance at 2.200-2.30 EPS and its FY 2026 guidance at 8.300-8.50 EPS. On average, equities analysts forecast that Crown Holdings, Inc. will post 8.06 EPS for the current year.

Crown Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were paid a $0.35 dividend. The ex-dividend date was Thursday, May 14th. This represents a $1.40 annualized dividend and a yield of 1.2%. Crown’s payout ratio is 22.29%.

Insider Transactions at Crown

In other Crown news, CEO Timothy J. Donahue sold 15,000 shares of the business’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $105.00, for a total value of $1,575,000.00. Following the completion of the sale, the chief executive officer owned 436,070 shares of the company’s stock, valued at $45,787,350. The trade was a 3.33% decrease in their position. The transaction 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. 0.90% of the stock is owned by corporate insiders.

Key Stories Impacting Crown

Here are the key news stories impacting Crown this week:

• Positive Sentiment: Crown Holdings reported Q2 EPS of $2.49, topping estimates of $2.15, on revenue of $3.67 billion versus expectations of $3.37 billion. Crown Holdings, Inc. Reports Second Quarter 2026 Results
• Positive Sentiment: The company said global beverage can volumes rose 5%, signaling improving demand in a key end market for Crown’s packaging products. Crown Holdings Posts Higher Sales As Global Beverage Can Volumes Rise
• Positive Sentiment: Crown raised its FY2026 adjusted EPS guidance to $8.30-$8.50, above prior expectations, which supports the case for stronger earnings momentum ahead. CCK Q2 Earnings Beat on Strong Beverage Can Volumes, ’26 View Raised
• Positive Sentiment: Mizuho raised its price target on Crown to $135 from $130 and kept an outperform rating, reflecting a more constructive view on the stock’s upside. Benzinga report on Mizuho price target increase
• Neutral Sentiment: The earnings call transcript may provide additional detail on margins, demand trends, and guidance, but the headline takeaways already point to a solid quarter. Crown Holdings, Inc. (CCK) Q2 2026 Earnings Call Transcript

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on CCK shares. UBS Group reduced their price objective 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. DA Davidson dropped their price objective on shares of Crown from $115.00 to $107.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 13th. Raymond James Financial raised their target price on shares of Crown from $125.00 to $135.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 15th. Mizuho lifted their target price on shares of Crown from $130.00 to $135.00 and gave the stock an “outperform” rating in a report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Crown in a research note on Wednesday, April 1st. They issued a “buy” rating and a $124.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $124.40.

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.