Crown Holdings, Inc. (NYSE:CCK) Receives Consensus Rating of “Moderate Buy” from Brokerages

Crown Holdings, Inc. (NYSE:CCK) has earned a consensus rating of “Moderate Buy” from the seventeen brokerages that are currently covering the stock, Marketbeat.com reports. Five investment analysts have rated the stock with a hold rating and twelve have issued a buy rating on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $120.00.

Several equities analysts have recently commented on CCK shares. Bank of America cut their price target on Crown from $131.00 to $126.00 and set a “buy” rating on the stock in a research note on Monday, April 6th. DA Davidson cut their target price on Crown from $115.00 to $107.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 13th. Wall Street Zen upgraded Crown from a “hold” rating to a “buy” rating in a research note on Saturday, May 23rd. Royal Bank Of Canada cut their target price on Crown from $140.00 to $129.00 and set an “outperform” rating on the stock in a research note on Friday, April 17th. Finally, JPMorgan Chase & Co. upgraded Crown from a “neutral” rating to an “overweight” rating and set a $107.00 target price on the stock in a research note on Monday, May 18th.

Crown Stock Performance

Shares of Crown stock opened at $94.46 on Thursday. The firm has a market cap of $10.56 billion, a P/E ratio of 15.04, a P/E/G ratio of 1.58 and a beta of 0.63. The company has a current ratio of 1.12, a quick ratio of 0.70 and a debt-to-equity ratio of 1.67. Crown has a 12 month low of $89.21 and a 12 month high of $116.62. The stock’s fifty day moving average price is $100.73 and its 200-day moving average price is $103.06.

Crown (NYSE:CCK) last announced its quarterly earnings results on Monday, April 27th. The industrial products company reported $1.86 EPS for the quarter, beating the consensus estimate of $1.75 by $0.11. The firm had revenue of $3.26 billion for the quarter, compared to analyst estimates of $3.03 billion. Crown had a return on equity of 26.62% and a net margin of 5.65%.The business’s revenue for the quarter was up 12.9% on a year-over-year basis. During the same quarter last year, the firm 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. On average, equities research analysts expect that Crown will post 8.05 earnings per share for the current fiscal year.

Crown Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were paid a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.5%. The ex-dividend date was Thursday, May 14th. Crown’s payout ratio is 22.29%.

Insider Transactions at Crown

In other Crown news, CEO Timothy J. Donahue sold 7,500 shares of Crown stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $106.85, for a total value of $801,375.00. Following the transaction, the chief executive officer owned 451,070 shares in the company, valued at $48,196,829.50. The trade was a 1.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, 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 company insiders.

Hedge Funds Weigh In On Crown

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC boosted its holdings in Crown by 105.0% in the third quarter. Smartleaf Asset Management LLC now owns 289 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 148 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in Crown in the third quarter worth about $29,000. ORG Partners LLC boosted its holdings 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 acquiring an additional 105 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings 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 acquiring an additional 111 shares in the last quarter. Finally, BOK Financial Private Wealth Inc. acquired a new stake in Crown in the fourth quarter worth about $42,000. Hedge funds and other institutional investors own 90.93% of the company’s stock.

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.