Oak Thistle LLC Takes $1.89 Million Position in Crown Holdings, Inc. $CCK

Oak Thistle LLC acquired a new stake in shares of Crown Holdings, Inc. (NYSE:CCK) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 18,350 shares of the industrial products company’s stock, valued at approximately $1,889,000.

Other institutional investors have also recently bought and sold shares of the company. Royal Bank of Canada boosted its holdings in shares of Crown by 24.1% in the first quarter. Royal Bank of Canada now owns 48,920 shares of the industrial products company’s stock valued at $4,367,000 after buying an additional 9,497 shares during the period. Integrated Wealth Concepts LLC lifted its position in Crown by 39.4% in the 1st quarter. Integrated Wealth Concepts LLC now owns 4,109 shares of the industrial products company’s stock valued at $367,000 after acquiring an additional 1,161 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in Crown during the 1st quarter worth about $111,000. NewEdge Advisors LLC increased its holdings in Crown by 6.3% during the 1st quarter. NewEdge Advisors LLC now owns 5,917 shares of the industrial products company’s stock worth $528,000 after purchasing an additional 351 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in Crown by 23.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 666,262 shares of the industrial products company’s stock worth $59,471,000 after purchasing an additional 127,737 shares in the last quarter. Institutional investors own 90.93% of the company’s stock.

Insider Buying and Selling at Crown

In other news, COO Djalma Novaes, Jr. sold 29,734 shares of Crown stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $114.80, for a total value of $3,413,463.20. Following the completion of the transaction, the chief operating officer owned 88,052 shares of the company’s stock, valued at $10,108,369.60. This trade represents a 25.24% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Timothy J. Donahue sold 7,500 shares of Crown stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $110.67, for a total transaction of $830,025.00. Following the completion of the transaction, the chief executive officer directly owned 474,736 shares of the company’s stock, valued at approximately $52,539,033.12. This trade represents a 1.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 44,734 shares of company stock worth $5,030,988 over the last ninety days. Insiders own 0.90% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on CCK. Wall Street Zen upgraded Crown from a “hold” rating to a “buy” rating in a report on Sunday. Deutsche Bank Aktiengesellschaft began coverage on Crown in a research report on Wednesday, April 1st. They issued a “buy” rating and a $124.00 target price on the stock. Truist Financial reissued a “buy” rating and issued a $135.00 target price (up from $130.00) on shares of Crown in a research report on Friday, February 6th. JPMorgan Chase & Co. lowered Crown from an “overweight” rating to a “neutral” rating and lifted their target price for the company from $112.00 to $155.00 in a research report on Friday, February 6th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Crown in a research report on Friday, February 6th. Twelve investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $125.13.

Crown Stock Up 6.2%

Shares of Crown stock opened at $107.23 on Thursday. The business’s 50 day simple moving average is $107.62 and its 200 day simple moving average is $101.85. Crown Holdings, Inc. has a 52-week low of $75.98 and a 52-week high of $116.62. The firm has a market cap of $12.04 billion, a PE ratio of 16.83, a P/E/G ratio of 1.37 and a beta of 0.75. The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.66 and a current ratio of 1.03.

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

Crown Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th were issued a dividend of $0.35 per share. The ex-dividend date was Tuesday, March 17th. This is a positive change from Crown’s previous quarterly dividend of $0.26. This represents a $1.40 dividend on an annualized basis and a yield of 1.3%. Crown’s dividend payout ratio is presently 21.98%.

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.