Crown Holdings, Inc. $CCK Shares Sold by Brandywine Global Investment Management LLC

Brandywine Global Investment Management LLC trimmed its stake in shares of Crown Holdings, Inc. (NYSE:CCK) by 76.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 108,512 shares of the industrial products company’s stock after selling 345,561 shares during the period. Brandywine Global Investment Management LLC’s holdings in Crown were worth $11,173,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Smartleaf Asset Management LLC increased its stake in shares of Crown by 105.0% during the third quarter. Smartleaf Asset Management LLC now owns 289 shares of the industrial products company’s stock valued at $28,000 after acquiring an additional 148 shares during the period. Caitong International Asset Management Co. Ltd acquired a new stake in Crown in the third quarter worth approximately $29,000. ORG Partners LLC boosted its stake in Crown by 52.5% during the 4th quarter. ORG Partners LLC now owns 305 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 105 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in Crown by 45.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 111 shares in the last quarter. Finally, BOK Financial Private Wealth Inc. acquired a new position in shares of Crown during the 4th quarter valued at $42,000. 90.93% of the stock is owned by institutional investors and hedge funds.

Crown Stock Up 4.0%

CCK stock opened at $95.75 on Wednesday. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.12 and a quick ratio of 0.70. The firm has a market capitalization of $10.70 billion, a P/E ratio of 15.25, a P/E/G ratio of 1.52 and a beta of 0.63. Crown Holdings, Inc. has a 52-week low of $89.21 and a 52-week high of $116.62. The company’s 50 day simple moving average is $100.10 and its 200-day simple moving average is $103.00.

Crown (NYSE:CCK) last posted its quarterly earnings data on Monday, April 27th. The industrial products company reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.75 by $0.11. Crown had a net margin of 5.65% and a return on equity of 26.62%. The firm had revenue of $3.26 billion for the quarter, compared to analysts’ expectations of $3.03 billion. During the same period in the previous year, the company posted $1.67 EPS. The company’s quarterly 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 Holdings, Inc. will post 8.05 EPS for the current year.

Crown Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 28th. Investors of record on Thursday, May 14th were given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Thursday, May 14th. Crown’s payout ratio is presently 22.29%.

Analyst Ratings Changes

Several analysts have recently weighed in on CCK shares. Citigroup upped their price objective on Crown from $127.00 to $129.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Crown in a report on Wednesday, April 1st. They issued a “buy” rating and a $124.00 price target for the company. Jefferies Financial Group restated a “buy” rating on shares of Crown in a research report on Monday, February 23rd. Wall Street Zen lowered shares of Crown from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Bank of America reduced their target price on shares of Crown from $131.00 to $126.00 and set a “buy” rating for the company in a report on Monday, April 6th. Twelve equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $120.00.

Insiders Place Their Bets

In related news, CEO Timothy J. Donahue sold 7,500 shares of the stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $106.85, for a total value of $801,375.00. Following the completion of the sale, the chief executive officer directly owned 451,070 shares of the company’s stock, valued at approximately $48,196,829.50. This represents a 1.64% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.90% 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.