Crown (NYSE:CCK) Reaches New 12-Month High Following Analyst Upgrade

Shares of Crown Holdings, Inc. (NYSE:CCK) reached a new 52-week high on Wednesday after Mizuho raised their price target on the stock from $130.00 to $135.00. Mizuho currently has an outperform rating on the stock. Crown traded as high as $121.76 and last traded at $118.0010, with a volume of 2971236 shares. The stock had previously closed at $114.58.

A number of other research firms also recently weighed in on CCK. Raymond James Financial boosted their target price on Crown from $125.00 to $135.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 15th. Wells Fargo & Company upped their price target on shares of Crown from $109.00 to $117.00 and gave the company an “equal weight” rating in a report on Wednesday, July 15th. BMO Capital Markets began coverage on shares of Crown in a research report on Thursday, July 16th. They set an “outperform” rating and a $130.00 price target for the company. Royal Bank Of Canada upped their price objective on shares of Crown from $129.00 to $131.00 and gave the stock an “outperform” rating in a report on Thursday, July 9th. Finally, UBS Group cut their price objective on shares of Crown from $120.00 to $112.00 and set a “neutral” rating on the stock in a report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $124.40.

Insider Transactions at Crown

In other Crown news, CEO Timothy J. Donahue sold 15,000 shares of the stock in a transaction 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 sale, the chief executive officer directly owned 436,070 shares in the company, valued at approximately $45,787,350. This trade represents a 3.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.90% of the company’s stock.

Crown News Summary

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

Institutional Trading of Crown

Hedge funds and other institutional investors have recently modified their holdings of the company. Royal Bank of Canada boosted its position in shares of Crown by 24.1% during the first quarter. Royal Bank of Canada now owns 48,920 shares of the industrial products company’s stock worth $4,367,000 after acquiring an additional 9,497 shares during the last quarter. Integrated Wealth Concepts LLC lifted its stake in Crown by 39.4% in the first quarter. Integrated Wealth Concepts LLC now owns 4,109 shares of the industrial products company’s stock worth $367,000 after purchasing an additional 1,161 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Crown during the 1st quarter worth approximately $111,000. NewEdge Advisors LLC grew 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 worth $528,000 after acquiring an additional 351 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in shares of Crown by 23.7% during the first quarter. Goldman Sachs Group Inc. now owns 666,262 shares of the industrial products company’s stock valued at $59,471,000 after acquiring an additional 127,737 shares in the last quarter. 90.93% of the stock is owned by hedge funds and other institutional investors.

Crown Trading Up 3.0%

The company has a market capitalization of $13.19 billion, a P/E ratio of 16.98, a PEG ratio of 1.91 and a beta of 0.60. The company’s fifty day simple moving average is $103.54 and its 200-day simple moving average is $104.90. 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 (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. Crown had a return on equity of 27.14% and a net margin of 5.91%.The company had revenue of $3.67 billion during 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. Crown has set its Q3 2026 guidance at 2.200-2.30 EPS and its FY 2026 guidance at 8.300-8.50 EPS. Research analysts predict that Crown Holdings, Inc. will post 8.06 earnings per share for the current year.

Crown Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were issued a $0.35 dividend. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.2%. Crown’s dividend payout ratio (DPR) is currently 22.29%.

About Crown

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.