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

Crown Holdings, Inc. (NYSE:CCK) has been assigned an average rating of “Moderate Buy” from the seventeen analysts that are covering the company, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation and twelve have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $120.1429.

CCK has been the subject of a number of research reports. JPMorgan Chase & Co. upgraded shares of Crown from a “neutral” rating to an “overweight” rating and set a $107.00 target price for the company in a research report on Monday, May 18th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Crown in a research report on Wednesday, April 1st. They set a “buy” rating and a $124.00 target price for the company. Truist Financial cut their target price on shares of Crown from $135.00 to $129.00 and set a “buy” rating for the company in a research report on Wednesday, April 15th. Citigroup increased their target price on shares of Crown from $127.00 to $129.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Finally, DA Davidson cut their target price on shares of Crown from $115.00 to $107.00 and set a “neutral” rating for the company in a research report on Wednesday, May 13th.

Insiders Place Their Bets

In other Crown news, CEO Timothy J. Donahue sold 15,000 shares of the stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $105.00, for a total transaction of $1,575,000.00. Following the completion of the transaction, the chief executive officer owned 436,070 shares in the company, valued at $45,787,350. This trade represents a 3.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 30,000 shares of company stock worth $3,163,875 in the last three months. 0.90% of the stock is owned by company insiders.

Institutional Investors Weigh In On Crown

Institutional investors and hedge funds have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Crown in the third quarter worth about $29,000. ORG Partners LLC lifted its holdings in shares of 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 buying an additional 105 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of 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 buying an additional 111 shares in the last quarter. BOK Financial Private Wealth Inc. purchased a new stake in shares of Crown in the fourth quarter worth about $42,000. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of Crown by 52.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 440 shares of the industrial products company’s stock worth $46,000 after buying an additional 151 shares in the last quarter. 90.93% of the stock is owned by hedge funds and other institutional investors.

Crown Price Performance

CCK opened at $110.81 on Monday. The firm has a market cap of $12.38 billion, a P/E ratio of 17.64, a PEG ratio of 1.82 and a beta of 0.63. The firm has a 50-day moving average of $99.79 and a 200 day moving average of $103.53. 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 has a fifty-two week low of $89.21 and a fifty-two week high of $116.62.

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

Crown Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Thursday, May 14th. Crown’s dividend payout ratio (DPR) is currently 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.