Crown Holdings, Inc. (NYSE:CCK) Receives Average Recommendation of “Moderate Buy” from Brokerages

Crown Holdings, Inc. (NYSE:CCK) has earned a consensus recommendation of “Moderate Buy” from the sixteen ratings firms that are covering the company, MarketBeat reports. Five analysts have rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $120.9286.

Several brokerages have recently issued reports on CCK. Bank of America decreased their target price on Crown from $131.00 to $126.00 and set a “buy” rating for the company in a research report on Monday, April 6th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Crown in a research report on Monday, February 23rd. UBS Group reduced their price objective on Crown from $120.00 to $112.00 and set a “neutral” rating for the company in a research report on Wednesday, April 29th. Wall Street Zen lowered Crown from a “buy” rating to a “hold” rating in a research report on Saturday, April 18th. Finally, Mizuho raised their price objective on Crown from $120.00 to $130.00 and gave the company an “outperform” rating in a research report on Thursday, February 5th.

Crown Stock Up 0.2%

Shares of NYSE:CCK opened at $101.27 on Friday. Crown has a 52-week low of $89.21 and a 52-week high of $116.62. The firm has a market capitalization of $11.32 billion, a P/E ratio of 16.13, a P/E/G ratio of 1.67 and a beta of 0.65. The stock has a 50 day moving average price of $104.44 and a 200-day moving average price of $103.13. 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 announced its earnings results on Monday, April 27th. The industrial products company reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.75 by $0.11. Crown had a return on equity of 26.62% and a net margin of 5.65%.The firm had revenue of $3.26 billion during the quarter, compared to analyst estimates of $3.03 billion. During the same quarter in the prior year, the company earned $1.67 EPS. The business’s revenue was up 12.9% compared to the same quarter last year. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q2 2026 guidance at 2.100-2.200 EPS. As a group, equities research analysts anticipate that Crown will post 8.05 EPS for the current fiscal year.

Crown Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 28th. Investors of record on Thursday, May 14th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Thursday, May 14th. Crown’s dividend payout ratio (DPR) is 22.29%.

Insider Buying and Selling

In related news, COO Djalma Novaes, Jr. sold 29,734 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $114.80, for a total transaction 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Timothy J. Donahue sold 7,500 shares of the firm’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $106.85, for a total value of $801,375.00. Following the transaction, the chief executive officer directly owned 451,070 shares of the company’s stock, valued at approximately $48,196,829.50. This trade represents a 1.64% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 52,234 shares of company stock valued at $5,832,363. 0.90% of the stock is owned by corporate insiders.

Institutional Trading of Crown

A number of institutional investors and hedge funds have recently modified their holdings of CCK. Norges Bank bought a new stake in shares of Crown in the 4th quarter worth $158,288,000. Fuller & Thaler Asset Management Inc. bought a new stake in shares of Crown in the 4th quarter worth $127,230,000. JPMorgan Chase & Co. increased its holdings in shares of Crown by 226.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,474,038 shares of the industrial products company’s stock worth $142,377,000 after purchasing an additional 1,022,789 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of Crown by 36.9% in the 3rd quarter. AQR Capital Management LLC now owns 3,467,550 shares of the industrial products company’s stock worth $333,197,000 after purchasing an additional 933,938 shares in the last quarter. Finally, Invesco Ltd. increased its holdings in shares of Crown by 33.6% in the 4th quarter. Invesco Ltd. now owns 3,526,983 shares of the industrial products company’s stock worth $363,173,000 after purchasing an additional 886,471 shares in the last quarter. Institutional investors own 90.93% of the company’s stock.

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.