Crown Holdings, Inc. (NYSE:CCK) Given Average Rating of “Moderate Buy” by Brokerages

Crown Holdings, Inc. (NYSE:CCKGet Free Report) has received a consensus rating of “Moderate Buy” from the seventeen brokerages that are covering the stock, Marketbeat reports. Six research analysts have rated the stock with a hold recommendation and eleven have given a buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $128.20.

Several research analysts recently commented on CCK shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Crown in a research note on Wednesday, July 22nd. Jefferies Financial Group set a $121.00 price objective on Crown in a research note on Wednesday, July 22nd. DA Davidson lowered their price objective on Crown from $115.00 to $107.00 and set a “neutral” rating for the company in a research report on Wednesday, May 13th. Raymond James Financial upped their target price on shares of Crown from $125.00 to $135.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 15th. Finally, Bank of America raised their target price on shares of Crown from $129.00 to $145.00 and gave the company a “buy” rating in a report on Tuesday, July 14th.

Get Our Latest Stock Report on Crown

Trending Headlines about 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

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

Crown (NYSE:CCKGet Free Report) last posted its quarterly earnings results on Monday, July 20th. The industrial products company reported $2.49 EPS for the quarter, topping the consensus estimate of $2.16 by $0.33. Crown had a net margin of 5.91% and a return on equity of 27.33%. The business had revenue of $3.67 billion during the quarter, compared to the consensus estimate of $3.37 billion. During the same quarter in the previous year, the firm posted $2.15 earnings per share. The company’s quarterly revenue was up 16.5% compared to the same quarter last year. 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 expect that Crown will post 8.39 EPS for the current fiscal year.

Crown Announces Dividend

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

Insider Buying and Selling at Crown

In other news, CEO Timothy J. Donahue sold 15,000 shares of the firm’s stock in a transaction on 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 sale, the chief executive officer directly owned 436,070 shares in the company, valued at approximately $45,787,350. This trade represents a 3.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.90% of the company’s stock.

Hedge Funds Weigh In On Crown

A number of institutional investors and hedge funds have recently modified their holdings of the company. Northside Capital Management LLC raised its stake in Crown by 1.7% in the second quarter. Northside Capital Management LLC now owns 102,521 shares of the industrial products company’s stock valued at $11,464,000 after buying an additional 1,674 shares in the last quarter. Handelsbanken Fonder AB increased its holdings in shares of Crown by 7.0% in the 2nd quarter. Handelsbanken Fonder AB now owns 281,253 shares of the industrial products company’s stock valued at $31,450,000 after acquiring an additional 18,280 shares during the last quarter. Elevation Wealth Partners LLC increased its holdings in shares of Crown by 628.8% in the 2nd quarter. Elevation Wealth Partners LLC now owns 481 shares of the industrial products company’s stock valued at $54,000 after acquiring an additional 415 shares during the last quarter. Assenagon Asset Management S.A. acquired a new stake in shares of Crown during the 2nd quarter worth about $60,275,000. Finally, 55 North Private Wealth LLC acquired a new stake in shares of Crown during the 2nd quarter worth about $293,000. Institutional investors and hedge funds own 90.93% of the company’s stock.

About Crown

(Get Free Report)

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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Analyst Recommendations for Crown (NYSE:CCK)

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