Crown (NYSE:CCK) Issues Quarterly Earnings Results, Beats Estimates By $0.33 EPS

Crown (NYSE:CCK) issued its quarterly earnings results on Monday. The industrial products company reported $2.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.16 by $0.33, FiscalAI reports. Crown had a return on equity of 27.14% and a net margin of 5.91%.The firm had revenue of $3.67 billion for the quarter, compared to analyst estimates of $3.37 billion. During the same period last year, the company earned $2.15 EPS. Crown updated its Q3 2026 guidance to 2.200-2.30 EPS and its FY 2026 guidance to 8.300-8.50 EPS.

Crown Stock Performance

NYSE CCK opened at $118.00 on Wednesday. The firm has a market capitalization of $13.19 billion, a P/E ratio of 16.98, a P/E/G ratio of 1.91 and a beta of 0.60. Crown has a 1-year low of $89.21 and a 1-year high of $121.76. 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 business’s 50-day simple moving average is $103.54 and its 200-day simple moving average is $104.90.

Crown Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Stockholders of record on Thursday, May 14th were issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Thursday, May 14th. Crown’s dividend payout ratio (DPR) is 22.29%.

Key Crown News

Here are the key news stories impacting Crown this week:

• Positive Sentiment: Crown Holdings beat second-quarter expectations, reporting adjusted EPS of $2.49 versus estimates around $2.15-$2.16, and revenue of $3.67 billion versus $3.37 billion expected. CROWN HOLDINGS, INC. REPORTS SECOND QUARTER 2026 RESULTS
• Positive Sentiment: The company raised full-year 2026 EPS guidance to $8.30-$8.50, above prior expectations, signaling management confidence in continued demand and profitability. CCK Q2 Earnings Beat on Strong Beverage Can Volumes, ’26 View Raised
• Positive Sentiment: Strong beverage can volumes were a key driver, with global beverage can volumes up 5%, helping sales and reinforcing the earnings beat. Crown Holdings Posts Higher Sales As Global Beverage Can Volumes Rise
• Positive Sentiment: Mizuho raised its price target on CCK to $135 from $130 and kept an outperform rating, adding to the bullish momentum after earnings. Benzinga report on Mizuho price target increase
• Neutral Sentiment: Management gave a cautiously upbeat earnings-call tone, balancing growth optimism with some caution around the broader operating environment. Crown Holdings Earnings Call: Growth, Caution, Cash
• Neutral Sentiment: Technical traders also cited a “golden cross” and a new 12-month high, which may have supported buying interest alongside the fundamental news. Should You Buy Crown Holdings (CCK) After Golden Cross?

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on CCK shares. Jefferies Financial Group set a $121.00 price objective on shares of Crown in a research note on Wednesday. Citigroup raised their target price on shares of Crown from $127.00 to $129.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. DA Davidson lowered their target price on shares of Crown from $115.00 to $107.00 and set a “neutral” rating for the company in a report on Wednesday, May 13th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Crown in a research report on Wednesday, July 8th. Finally, BMO Capital Markets initiated coverage on shares of Crown in a research note on Thursday, July 16th. They set an “outperform” rating and a $130.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, Crown currently has an average rating of “Moderate Buy” and an average price target of $124.19.

Insider Activity

In related news, CEO Timothy J. Donahue sold 15,000 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $105.00, for a total transaction 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. This represents a 3.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.90% of the company’s stock.

Institutional Investors Weigh In On Crown

Institutional investors have recently bought and sold shares of the business. Fuller & Thaler Asset Management Inc. purchased a new position in shares of Crown in the 4th quarter valued at $127,230,000. AQR Capital Management LLC boosted its position in Crown by 36.9% during the 3rd quarter. AQR Capital Management LLC now owns 3,467,550 shares of the industrial products company’s stock worth $333,197,000 after purchasing an additional 933,938 shares during the period. Invesco Ltd. increased its holdings in Crown by 33.6% in the 4th quarter. Invesco Ltd. now owns 3,526,983 shares of the industrial products company’s stock valued at $363,173,000 after purchasing an additional 886,471 shares in the last quarter. Scopus Asset Management L.P. acquired a new stake in Crown in the 2nd quarter valued at $47,214,000. Finally, Balyasny Asset Management L.P. raised its position in Crown by 180.5% in the second quarter. Balyasny Asset Management L.P. now owns 576,394 shares of the industrial products company’s stock valued at $59,357,000 after purchasing an additional 370,929 shares during the period. 90.93% of the stock is currently owned by hedge funds and other institutional investors.

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.