Crown Holdings, Inc. $CCK Shares Sold by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp lessened its holdings in shares of Crown Holdings, Inc. (NYSE:CCKFree Report) by 69.0% in the 4th quarter, Holdings Channel reports. The fund owned 144,403 shares of the industrial products company’s stock after selling 322,054 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Crown were worth $14,869,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Smartleaf Asset Management LLC grew its position in shares of Crown by 105.0% in the third quarter. Smartleaf Asset Management LLC now owns 289 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 148 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in Crown during the third quarter worth approximately $29,000. ORG Partners LLC lifted its position in Crown by 52.5% during the fourth quarter. ORG Partners LLC now owns 305 shares of the industrial products company’s stock worth $31,000 after buying an additional 105 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in Crown by 45.3% during the first quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock worth $32,000 after buying an additional 111 shares during the last quarter. Finally, Quent Capital LLC purchased a new stake in Crown in the 3rd quarter valued at $34,000. 90.93% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Truist Financial cut their target price on Crown from $135.00 to $129.00 and set a “buy” rating for the company in a research note on Wednesday, April 15th. UBS Group dropped their price objective on shares of Crown from $120.00 to $112.00 and set a “neutral” rating for the company in a report on Wednesday. Weiss Ratings restated a “buy (b)” rating on shares of Crown in a research report on Friday, March 27th. Wells Fargo & Company reduced their target price on shares of Crown from $111.00 to $109.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 14th. Finally, Jefferies Financial Group restated a “buy” rating on shares of Crown in a report on Monday, February 23rd. Eleven research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, Crown has an average rating of “Moderate Buy” and a consensus price target of $120.93.

Read Our Latest Report on Crown

Crown News Summary

Here are the key news stories impacting Crown this week:

Insider Transactions at Crown

In related news, CEO Timothy J. Donahue sold 7,500 shares of Crown 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 completion of the transaction, the chief executive officer owned 451,070 shares in the company, valued at approximately $48,196,829.50. The trade was a 1.64% decrease in their ownership of the stock. The sale 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. Also, COO Djalma Novaes, Jr. sold 29,734 shares of the 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 sale, the chief operating officer owned 88,052 shares in the company, valued at approximately $10,108,369.60. This trade represents a 25.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 52,234 shares of company stock worth $5,832,363 over the last quarter. Insiders own 0.90% of the company’s stock.

Crown Stock Down 0.8%

Shares of NYSE CCK opened at $98.26 on Friday. The company has a quick ratio of 0.66, a current ratio of 1.12 and a debt-to-equity ratio of 1.67. The business’s 50 day moving average is $105.34 and its two-hundred day moving average is $102.79. Crown Holdings, Inc. has a 52-week low of $89.21 and a 52-week high of $116.62. The firm has a market cap of $11.03 billion, a price-to-earnings ratio of 15.65, a PEG ratio of 1.63 and a beta of 0.75.

Crown (NYSE:CCKGet Free Report) last released its quarterly earnings results on Monday, April 27th. The industrial products company reported $1.86 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 business had revenue of $3.26 billion during the quarter, compared to analyst estimates of $3.03 billion. During the same period last year, the business posted $1.67 earnings per share. The company’s quarterly revenue was up 12.9% on a year-over-year basis. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q2 2026 guidance at 2.100-2.200 EPS. Research analysts predict that Crown Holdings, Inc. will post 8.03 EPS for the current year.

Crown Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th will be given a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Thursday, May 14th. Crown’s payout ratio is currently 21.98%.

Crown Profile

(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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Institutional Ownership by Quarter for Crown (NYSE:CCK)

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