Crown (NYSE:CCK) Stock Price Expected to Rise, Robert W. Baird Analyst Says

Crown (NYSE:CCK) had its price target hoisted by analysts at Robert W. Baird from $120.00 to $130.00 in a report issued on Wednesday,Benzinga reports. The brokerage presently has a “neutral” rating on the industrial products company’s stock. Robert W. Baird’s target price indicates a potential upside of 13.72% from the company’s current price.

Several other equities research analysts have also commented on CCK. Wall Street Zen raised shares of Crown from a “hold” rating to a “buy” rating in a report on Saturday, June 20th. Bank of America lifted their price objective on Crown from $129.00 to $145.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. Truist Financial decreased their price objective on Crown from $135.00 to $129.00 and set a “buy” rating for the company in a report on Wednesday, April 15th. BMO Capital Markets began coverage on Crown in a research note on Thursday, July 16th. They issued an “outperform” rating and a $130.00 target price on the stock. Finally, Wells Fargo & Company raised their target price on Crown from $109.00 to $117.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 15th. Eleven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $127.93.

Crown Stock Performance

Shares of NYSE CCK opened at $114.32 on Wednesday. The company has a current ratio of 1.05, a quick ratio of 0.70 and a debt-to-equity ratio of 1.63. Crown has a 12 month low of $89.21 and a 12 month high of $121.76. The company has a 50 day simple moving average of $104.17 and a two-hundred day simple moving average of $105.07. The stock has a market cap of $12.78 billion, a price-to-earnings ratio of 16.45, a PEG ratio of 1.87 and a beta of 0.60.

Crown (NYSE:CCK) last released its quarterly earnings data 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. Crown had a net margin of 5.91% and a return on equity of 27.33%. The firm had revenue of $3.67 billion for the quarter, compared to analyst estimates of $3.37 billion. During the same quarter in the prior year, the business earned $2.15 earnings per share. The business’s quarterly revenue was up 16.5% compared to the same quarter last year. Crown has set its Q3 2026 guidance at 2.200-2.30 EPS and its FY 2026 guidance at 8.300-8.50 EPS. As a group, analysts predict that Crown will post 8.39 earnings per share for the current year.

Insiders Place Their Bets

In other Crown news, CEO Timothy J. Donahue sold 15,000 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $105.00, for a total transaction of $1,575,000.00. Following the transaction, the chief executive officer owned 436,070 shares in the company, valued at approximately $45,787,350. This represents a 3.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.90% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in CCK. Caitong International Asset Management Co. Ltd purchased a new position in shares of Crown during the 3rd quarter valued at approximately $29,000. ORG Partners LLC increased its holdings in Crown by 52.5% in the 4th quarter. ORG Partners LLC now owns 305 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 105 shares in the last quarter. Geneos Wealth Management Inc. increased its holdings in Crown by 45.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 111 shares in the last quarter. BOK Financial Private Wealth Inc. acquired a new position in Crown during the fourth quarter worth $42,000. Finally, Smartleaf Asset Management LLC raised its position in Crown by 52.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 440 shares of the industrial products company’s stock worth $46,000 after acquiring an additional 151 shares during the period. 90.93% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Crown

Here are the key news stories impacting Crown this week:

• Positive Sentiment: Crown Holdings reported strong second-quarter results, with earnings and revenue beating expectations and management raising its profit outlook for the year. That improved guidance suggests demand and margins remain healthy. Crown Holdings raises profit outlook after Q2 beat
• Positive Sentiment: The company also declared a quarterly cash dividend of $0.35 per share, reinforcing its shareholder-return profile and signaling continued confidence in cash generation. CROWN HOLDINGS, INC. DECLARES QUARTERLY DIVIDEND
• Neutral Sentiment: Several analysts turned more constructive after the earnings report, with some raising price targets, while others maintained neutral or equal-weight ratings. That mixed reaction suggests Wall Street sees limited near-term upside after the recent rally, even though the outlook has improved. Crown (NYSE:CCK) Stock Price Expected to Rise, Mizuho Analyst Says
• Negative Sentiment: J.P. Morgan downgraded Crown after the stock’s strong run, and some commentary now says the upside may already be priced in. That can pressure the stock even after good results because investors may be locking in gains. Crown Holdings downgraded by J.P. Morgan after strong rally
• Negative Sentiment: Recent articles also describe Crown Holdings as having a healthy earnings outlook but limited upside ahead, reinforcing the idea that valuation concerns are tempering enthusiasm. Crown Holdings: Healthy Earnings Outlook, Yet Limited Upside Ahead

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.