Crown (NYSE:CCK) Rating Lowered to Neutral at JPMorgan Chase & Co.

Crown (NYSE:CCK) was downgraded by investment analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a research note issued to investors on Wednesday, MarketBeat Ratings reports. They currently have a $121.00 price objective on the industrial products company’s stock, up from their previous price objective of $107.00. JPMorgan Chase & Co.‘s target price suggests a potential upside of 5.84% from the company’s current price.

Several other equities research analysts have also weighed in on the company. Wall Street Zen raised Crown from a “hold” rating to a “buy” rating in a research report on Saturday, June 20th. Wells Fargo & Company upped their price target on Crown from $109.00 to $117.00 and gave the company an “equal weight” rating in a report on Wednesday, July 15th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Crown in a research note on Wednesday, April 1st. They issued a “buy” rating and a $124.00 price target on the stock. 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. Finally, Citigroup boosted their price objective 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. Eleven research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, Crown has a consensus rating of “Moderate Buy” and a consensus target price of $127.93.

Crown Stock Performance

Shares of CCK stock opened at $114.32 on Wednesday. The company has a market cap of $12.78 billion, a P/E ratio of 16.45, a PEG ratio of 1.87 and a beta of 0.60. The firm has a fifty day moving average price of $104.17 and a 200 day moving average price of $105.07. 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.

Crown (NYSE:CCK) last posted its quarterly earnings results on Monday, July 20th. The industrial products company reported $2.49 earnings per share for the quarter, beating analysts’ consensus estimates of $2.16 by $0.33. The company had revenue of $3.67 billion for the quarter, compared to analysts’ expectations of $3.37 billion. Crown had a return on equity of 27.33% and a net margin of 5.91%.Crown’s quarterly revenue was up 16.5% on a year-over-year basis. During the same period last year, the firm 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. Sell-side analysts predict that Crown will post 8.39 earnings per share for the current fiscal year.

Insider Buying and Selling

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 completion of the sale, the chief executive officer directly owned 436,070 shares of the company’s stock, valued at approximately $45,787,350. This trade represents a 3.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.90% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of CCK. Northside Capital Management LLC raised its stake in shares of Crown by 1.7% during the second quarter. Northside Capital Management LLC now owns 102,521 shares of the industrial products company’s stock worth $11,464,000 after purchasing an additional 1,674 shares during the last quarter. Handelsbanken Fonder AB grew its position in Crown by 7.0% in the 2nd quarter. Handelsbanken Fonder AB now owns 281,253 shares of the industrial products company’s stock valued at $31,450,000 after buying an additional 18,280 shares during the last quarter. Elevation Wealth Partners LLC grew its position in Crown by 628.8% in the 2nd quarter. Elevation Wealth Partners LLC now owns 481 shares of the industrial products company’s stock valued at $54,000 after buying an additional 415 shares during the last quarter. Assenagon Asset Management S.A. acquired a new position in Crown in the 2nd quarter valued at $60,275,000. Finally, 55 North Private Wealth LLC purchased a new position in Crown during the 2nd quarter worth $293,000. Institutional investors and hedge funds own 90.93% of the company’s stock.

Key Crown News

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

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.