Crown Holdings, Inc. (NYSE:CCK) to Issue Quarterly Dividend of $0.35

Crown Holdings, Inc. (NYSE:CCK) announced a quarterly dividend on Friday, February 27th. Investors of record on Tuesday, March 17th will be given a dividend of 0.35 per share by the industrial products company on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Tuesday, March 17th. This is a 34.6% increase from Crown’s previous quarterly dividend of $0.26.

Crown has a dividend payout ratio of 18.3% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Crown to earn $7.62 per share next year, which means the company should continue to be able to cover its $1.40 annual dividend with an expected future payout ratio of 18.4%.

Crown Stock Performance

CCK opened at $105.13 on Friday. The company has a market cap of $11.90 billion, a price-to-earnings ratio of 16.50, a PEG ratio of 1.23 and a beta of 0.70. The firm’s fifty day simple moving average is $108.22 and its two-hundred day simple moving average is $101.08. The company has a quick ratio of 0.66, a current ratio of 1.03 and a debt-to-equity ratio of 1.55. Crown has a 52-week low of $75.98 and a 52-week high of $116.62.

Crown (NYSE:CCK) last released its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $1.74 earnings per share for the quarter, topping the consensus estimate of $1.69 by $0.05. The firm had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $2.99 billion. Crown had a net margin of 5.97% and a return on equity of 26.68%. The company’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.59 EPS. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q1 2026 guidance at 1.700-1.800 EPS. Equities analysts anticipate that Crown will post 6.96 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CEO Timothy J. Donahue sold 29,024 shares of Crown stock in a transaction on Monday, January 5th. The stock was sold at an average price of $105.00, for a total transaction of $3,047,520.00. Following the transaction, the chief executive officer owned 411,556 shares in the company, valued at $43,213,380. The trade was a 6.59% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Djalma Novaes, Jr. sold 29,734 shares of the company’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $114.80, for a total transaction of $3,413,463.20. Following the completion of the sale, the chief operating officer directly owned 88,052 shares of the company’s stock, valued at $10,108,369.60. This represents a 25.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 101,988 shares of company stock worth $10,964,122. 0.90% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Crown

Several institutional investors and hedge funds have recently bought and sold shares of the company. Harbor Capital Advisors Inc. increased its holdings in shares of Crown by 103.1% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 264 shares of the industrial products company’s stock worth $25,000 after buying an additional 134 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in 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 acquiring an additional 148 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in Crown in the third quarter worth approximately $29,000. ORG Partners LLC increased its stake 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 acquiring an additional 105 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased 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 acquiring an additional 111 shares during the last quarter. 90.93% of the stock is currently owned by institutional investors and hedge funds.

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.