Quantinno Capital Management LP Increases Position in Crown Holdings, Inc. $CCK

Quantinno Capital Management LP lifted its holdings in shares of Crown Holdings, Inc. (NYSE:CCK) by 19.3% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 1,156,902 shares of the industrial products company’s stock after buying an additional 186,849 shares during the quarter. Quantinno Capital Management LP’s holdings in Crown were worth $115,979,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. OLD National Bancorp IN lifted its holdings in shares of Crown by 507.7% in the 4th quarter. OLD National Bancorp IN now owns 89,549 shares of the industrial products company’s stock valued at $9,221,000 after buying an additional 74,814 shares during the period. Louisiana State Employees Retirement System purchased a new position in shares of Crown in the 1st quarter valued at about $3,258,000. Compagnie Lombard Odier SCmA lifted its stake in shares of Crown by 79.2% in the fourth quarter. Compagnie Lombard Odier SCmA now owns 12,672 shares of the industrial products company’s stock valued at $1,305,000 after purchasing an additional 5,600 shares during the period. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in shares of Crown in the fourth quarter valued at about $3,855,000. Finally, World Investment Advisors purchased a new stake in Crown during the fourth quarter worth about $1,188,000. Hedge funds and other institutional investors own 90.93% of the company’s stock.

Crown Stock Performance

NYSE CCK opened at $118.43 on Tuesday. The business’s 50-day moving average price is $105.03 and its 200 day moving average price is $105.26. The company has a current ratio of 1.05, a quick ratio of 0.65 and a debt-to-equity ratio of 1.63. Crown Holdings, Inc. has a twelve month low of $89.21 and a twelve month high of $121.76. The company has a market capitalization of $13.23 billion, a PE ratio of 17.04, a price-to-earnings-growth ratio of 1.65 and a beta of 0.60.

Crown (NYSE:CCK) last posted its quarterly earnings results on Monday, July 20th. The industrial products company reported $2.49 EPS for the quarter, beating the consensus estimate of $2.16 by $0.33. Crown had a return on equity of 27.33% and a net margin of 5.91%.The company had revenue of $3.67 billion during the quarter, compared to analysts’ expectations of $3.37 billion. During the same quarter in the previous year, the business earned $2.15 EPS. The firm’s revenue was up 16.5% on a year-over-year basis. Crown has set its Q3 2026 guidance at 2.200-2.30 EPS and its FY 2026 guidance at 8.300-8.50 EPS. On average, research analysts predict that Crown Holdings, Inc. will post 8.39 earnings per share for the current year.

Crown Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Thursday, August 6th will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Thursday, August 6th. This represents a $1.40 annualized dividend and a yield of 1.2%. Crown’s dividend payout ratio is 20.14%.

Insiders Place Their Bets

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 shares were sold at an average price of $105.00, for a total transaction of $1,575,000.00. Following the transaction, the chief executive officer owned 436,070 shares of the company’s stock, valued at $45,787,350. This trade represents a 3.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.90% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

CCK has been the topic of a number of research reports. Weiss Ratings restated a “buy (b-)” rating on shares of Crown in a report on Wednesday, July 8th. JPMorgan Chase & Co. downgraded Crown from an “overweight” rating to a “neutral” rating and boosted their target price for the stock from $107.00 to $121.00 in a research report on Wednesday, July 22nd. Bank of America upped their target price on Crown from $129.00 to $145.00 and gave the company a “buy” rating in a report on Tuesday, July 14th. Royal Bank Of Canada raised their price target on Crown from $131.00 to $135.00 and gave the company an “outperform” rating in a research report on Friday. Finally, BMO Capital Markets lifted their price target on Crown from $130.00 to $135.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 22nd. Eleven investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, Crown presently has an average rating of “Moderate Buy” and an average target price of $128.20.

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.