Empowered Funds LLC Grows Stake in Crown Holdings, Inc. $CCK

Empowered Funds LLC grew its stake in shares of Crown Holdings, Inc. (NYSE:CCK) by 6.2% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 105,793 shares of the industrial products company’s stock after purchasing an additional 6,160 shares during the quarter. Empowered Funds LLC’s holdings in Crown were worth $10,606,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Crown in the third quarter valued at about $29,000. ORG Partners LLC lifted its position in Crown by 52.5% during the 4th quarter. ORG Partners LLC now owns 305 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 105 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in 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 acquiring an additional 111 shares in the last quarter. BOK Financial Private Wealth Inc. purchased a new position in Crown in the 4th quarter worth approximately $42,000. Finally, Smartleaf Asset Management LLC boosted its holdings in Crown by 52.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 440 shares of the industrial products company’s stock worth $46,000 after acquiring an additional 151 shares during the period. Hedge funds and other institutional investors own 90.93% of the company’s stock.

Wall Street Analysts Forecast Growth

CCK has been the topic of a number of analyst reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Crown in a research note on Wednesday, July 8th. DA Davidson decreased their target price on shares of Crown from $115.00 to $107.00 and set a “neutral” rating for the company in a research note on Wednesday, May 13th. Citigroup reaffirmed a “buy” rating on shares of Crown in a report on Thursday, July 23rd. JPMorgan Chase & Co. downgraded shares of Crown from an “overweight” rating to a “neutral” rating and lifted their price target for the stock from $107.00 to $121.00 in a research note on Wednesday, July 22nd. Finally, BMO Capital Markets boosted their price objective on shares of Crown from $130.00 to $135.00 and gave the stock an “outperform” rating in a report on Wednesday, July 22nd. Eleven investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $128.20.

Insiders Place Their Bets

In other news, CEO Timothy J. Donahue sold 15,000 shares of the business’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $105.00, for a total value of $1,575,000.00. Following the completion of the sale, the chief executive officer owned 436,070 shares of the company’s stock, valued at approximately $45,787,350. The trade was a 3.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.90% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Crown

Here are the key news stories impacting Crown this week:

• Positive Sentiment: Crown was highlighted among three industrial stocks to buy, with analysts citing resilient manufacturing activity, infrastructure spending and longer-term demand for packaging products as potential supports for its earnings outlook. 3 Industrial Stocks to Buy Amid Manufacturing Resilience
• Positive Sentiment: Coverage of Crown’s packaging outlook points to ongoing attention on the company’s metal packaging businesses and potential benefits from stable consumer and industrial demand. Crown Holdings Packaging Outlook Takes Center Stage
• Positive Sentiment: A long-term growth article presents Crown as an attractive growth stock, reinforcing the bullish narrative following its strong quarterly results, including earnings and revenue that exceeded analyst expectations. Why Crown Holdings Is a Top Growth Stock for the Long Term
• Neutral Sentiment: Analyst coverage assigns Crown a consensus “Moderate Buy” rating, supporting sentiment but not indicating a fresh change in estimates or recommendations. Crown Holdings Given Average Recommendation of Moderate Buy
• Negative Sentiment: Crown recently reached a 52-week high, prompting discussion of whether investors should take profits. Its elevated valuation and momentum may make the stock more vulnerable to short-term selling if further catalysts do not emerge. Crown Holdings Soars to 52-Week High

Crown Price Performance

CCK stock opened at $118.27 on Friday. The stock’s 50 day moving average is $106.43 and its two-hundred day moving average is $105.61. Crown Holdings, Inc. has a 52-week low of $89.21 and a 52-week high of $121.90. The company has a market capitalization of $13.22 billion, a PE ratio of 17.02, a P/E/G ratio of 1.68 and a beta of 0.60. The company has a quick ratio of 0.65, a current ratio of 1.05 and a debt-to-equity ratio of 1.63.

Crown (NYSE:CCK) last released its 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 period in the prior year, the business posted $2.15 EPS. The business’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. Analysts predict that Crown Holdings, Inc. will post 8.39 earnings per share for the current fiscal year.

Crown Announces Dividend

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

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.