AEGON ASSET MANAGEMENT UK Plc Buys 25,097 Shares of Crown Holdings, Inc. $CCK

AEGON ASSET MANAGEMENT UK Plc increased its stake in shares of Crown Holdings, Inc. (NYSE:CCK) by 7.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 351,907 shares of the industrial products company’s stock after acquiring an additional 25,097 shares during the period. AEGON ASSET MANAGEMENT UK Plc’s holdings in Crown were worth $35,272,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Norges Bank acquired a new position in Crown during the fourth quarter worth $158,288,000. Fuller & Thaler Asset Management Inc. bought a new stake in Crown during the 4th quarter worth about $127,230,000. JPMorgan Chase & Co. lifted its position in Crown by 226.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,474,038 shares of the industrial products company’s stock worth $142,377,000 after buying an additional 1,022,789 shares in the last quarter. AQR Capital Management LLC boosted its stake in shares of Crown by 36.9% during the 3rd quarter. AQR Capital Management LLC now owns 3,467,550 shares of the industrial products company’s stock worth $333,197,000 after buying an additional 933,938 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in shares of Crown by 33.6% during the 4th quarter. Invesco Ltd. now owns 3,526,983 shares of the industrial products company’s stock worth $363,173,000 after buying an additional 886,471 shares during the last quarter. 90.93% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently issued reports on CCK. DA Davidson lowered their target price on Crown from $115.00 to $107.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 13th. Royal Bank Of Canada reduced their price target on Crown from $140.00 to $129.00 and set an “outperform” rating for the company in a research report on Friday, April 17th. Wall Street Zen upgraded Crown from a “hold” rating to a “buy” rating in a research note on Saturday. Deutsche Bank Aktiengesellschaft assumed coverage on Crown in a research note on Wednesday, April 1st. They issued a “buy” rating and a $124.00 price target for the company. Finally, Bank of America dropped their price objective on Crown from $131.00 to $126.00 and set a “buy” rating on the stock in a research note on Monday, April 6th. Twelve equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $120.00.

Insider Transactions at Crown

In related news, CEO Timothy J. Donahue sold 7,500 shares of the business’s 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 completion of the sale, the chief executive officer directly owned 451,070 shares in the company, valued at $48,196,829.50. The trade was a 1.64% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through 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.

Crown Stock Up 0.0%

Shares of CCK opened at $101.54 on Friday. The firm has a market cap 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 debt-to-equity ratio of 1.67, a quick ratio of 0.70 and a current ratio of 1.12. Crown Holdings, Inc. has a 52 week low of $89.21 and a 52 week high of $116.62. The firm’s 50-day simple moving average is $99.70 and its 200 day simple moving average is $103.14.

Crown (NYSE:CCK) last issued its quarterly earnings data 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 net margin of 5.65% and a return on equity of 26.62%. The firm had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $3.03 billion. During the same period last year, the business posted $1.67 earnings per share. The business’s revenue for the quarter was up 12.9% compared to the same quarter last year. 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, analysts forecast that Crown Holdings, Inc. will post 8.05 earnings per share for the current year.

Crown Announces Dividend

The company also recently declared 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 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Thursday, May 14th. Crown’s dividend payout ratio (DPR) is presently 22.29%.

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.