Crown Holdings, Inc. (NYSE:CCK – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $116.62 and last traded at $115.8820, with a volume of 45988 shares traded. The stock had previously closed at $115.10.
Analyst Upgrades and Downgrades
Several brokerages have recently commented on CCK. Weiss Ratings restated a “buy (b)” rating on shares of Crown in a report on Monday, December 29th. Wall Street Zen cut shares of Crown from a “buy” rating to a “hold” rating in a report on Monday. JPMorgan Chase & Co. cut shares of Crown from an “overweight” rating to a “neutral” rating and raised their price target for the company from $112.00 to $155.00 in a research report on Friday, February 6th. Royal Bank Of Canada boosted their price target on shares of Crown from $120.00 to $140.00 and gave the stock an “outperform” rating in a report on Monday, February 9th. Finally, Mizuho raised their target price on Crown from $120.00 to $130.00 and gave the stock an “outperform” rating in a research report on Thursday, February 5th. Eleven analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, Crown presently has an average rating of “Moderate Buy” and a consensus price target of $125.86.
View Our Latest Analysis on Crown
Crown Trading Down 1.6%
Crown (NYSE:CCK – Get Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $1.74 EPS for the quarter, beating analysts’ consensus estimates of $1.69 by $0.05. The business had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $2.99 billion. Crown had a return on equity of 26.68% and a net margin of 5.97%.The business’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.59 earnings per share. 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 anticipate that Crown Holdings, Inc. will post 6.96 EPS for the current year.
Insiders Place Their Bets
In other news, COO Djalma Novaes, Jr. sold 29,734 shares of the company’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $114.80, for a total value of $3,413,463.20. Following the completion of the sale, the chief operating officer owned 88,052 shares in the company, valued at $10,108,369.60. This represents a 25.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Timothy J. Donahue sold 7,500 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $110.67, for a total transaction of $830,025.00. Following the completion of the sale, the chief executive officer owned 474,736 shares in the company, valued at $52,539,033.12. The trade was a 1.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 101,988 shares of company stock worth $10,964,122 in the last three months. Company insiders own 0.90% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Harbor Capital Advisors Inc. lifted its holdings in Crown by 103.1% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 264 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 134 shares during the last quarter. Smartleaf Asset Management LLC raised its position in shares of Crown by 105.0% in the third quarter. Smartleaf Asset Management LLC now owns 289 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 148 shares during the period. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Crown in the third quarter worth $29,000. ORG Partners LLC lifted its stake 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 during the last quarter. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of Crown by 45.3% during the 1st 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 during the period. Institutional investors own 90.93% of the company’s stock.
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.
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