Crown (NYSE:CCK) Rating Increased to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Crown (NYSE:CCK) from a hold rating to a buy rating in a research note published on Sunday.

A number of other analysts also recently issued reports on CCK. Raymond James Financial restated an “outperform” rating and set a $115.00 price target (up previously from $110.00) on shares of Crown in a report on Wednesday, October 22nd. JPMorgan Chase & Co. lowered Crown from an “overweight” rating to a “neutral” rating and increased their price objective for the stock from $112.00 to $155.00 in a research report on Friday, February 6th. Weiss Ratings restated a “buy (b)” rating on shares of Crown in a research report on Monday, December 29th. Morgan Stanley reaffirmed an “overweight” rating on shares of Crown in a research note on Friday, February 6th. Finally, UBS Group set a $126.00 price target on Crown and gave the stock a “neutral” rating in a report on Monday, February 9th. Ten research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $125.86.

Crown Stock Up 0.3%

Shares of CCK opened at $110.76 on Friday. Crown has a 52-week low of $75.98 and a 52-week high of $115.85. The company has a quick ratio of 0.66, a current ratio of 1.03 and a debt-to-equity ratio of 1.55. The stock has a fifty day simple moving average of $104.33 and a two-hundred day simple moving average of $99.59. The company has a market capitalization of $12.78 billion, a PE ratio of 17.39, a price-to-earnings-growth ratio of 1.29 and a beta of 0.73.

Crown (NYSE:CCK) last announced its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $1.74 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.05. Crown had a net margin of 5.97% and a return on equity of 26.68%. The firm had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $2.99 billion. During the same quarter in the previous year, the company posted $1.59 EPS. The company’s revenue was up 7.7% compared to the same quarter last year. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q1 2026 guidance at 1.700-1.800 EPS. As a group, equities analysts forecast that Crown will post 6.96 EPS for the current year.

Insider Activity

In other news, COO Djalma Novaes, Jr. sold 19,754 shares of the stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $101.02, for a total transaction of $1,995,549.08. Following the sale, the chief operating officer owned 96,841 shares of the company’s stock, valued at approximately $9,782,877.82. This represents a 16.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Timothy J. Donahue sold 29,024 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $105.00, for a total transaction of $3,047,520.00. Following the completion of the transaction, the chief executive officer directly owned 411,556 shares of the company’s stock, valued at approximately $43,213,380. The trade was a 6.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 64,754 shares of company stock worth $6,720,634. 0.90% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Crown

Several large investors have recently added to or reduced their stakes in the business. Harbor Capital Advisors Inc. lifted its holdings in Crown by 103.1% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 264 shares of the industrial products company’s stock worth $25,000 after buying an additional 134 shares during the last quarter. Smartleaf Asset Management LLC raised its position in shares of Crown by 105.0% during the 3rd 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 purchased a new stake in Crown during the third quarter worth approximately $29,000. ORG Partners LLC lifted its stake in Crown by 52.5% during the fourth quarter. ORG Partners LLC now owns 305 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 105 shares during the last quarter. Finally, 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 valued at $32,000 after purchasing an additional 111 shares in the last quarter. 90.93% of the stock is owned by hedge funds and other institutional investors.

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.