Crown (NYSE:CCK) Stock Price Target Cut by UBS Group

Crown (NYSE:CCK) had its target price reduced by research analysts at UBS Group from $123.00 to $116.00 in a report released on Monday, Benzinga reports. The brokerage presently has a “neutral” rating on the industrial products company’s stock. UBS Group’s price target would indicate a potential upside of 8.71% from the stock’s current price.

Other equities research analysts have also issued reports about the company. Jefferies Financial Group set a $121.00 target price on Crown in a research report on Wednesday, July 22nd. Weiss Ratings upgraded shares of Crown from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, August 5th. Wells Fargo & Company increased their price objective on shares of Crown from $117.00 to $127.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 22nd. Raymond James Financial lifted their price objective on shares of Crown from $125.00 to $135.00 and gave the company an “outperform” rating in a research report on Wednesday, July 15th. Finally, Citigroup restated a “buy” rating on shares of Crown in a research report on Thursday, July 23rd. Twelve equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $127.73.

Crown Stock Performance

CCK stock traded up $0.66 during midday trading on Monday, reaching $106.71. The company had a trading volume of 984,311 shares, compared to its average volume of 1,098,184. The firm has a market capitalization of $11.61 billion, a PE ratio of 15.35, a P/E/G ratio of 1.49 and a beta of 0.56. The stock has a 50 day moving average price of $115.16 and a 200 day moving average price of $107.60. Crown has a fifty-two week low of $89.21 and a fifty-two week high of $122.91. The company has a quick ratio of 0.65, a current ratio of 1.05 and a debt-to-equity ratio of 1.63.

Crown (NYSE:CCK) last announced its quarterly earnings results on Monday, July 20th. The industrial products company reported $2.49 earnings per share for the quarter, topping analysts’ consensus estimates of $2.16 by $0.33. Crown had a return on equity of 27.33% and a net margin of 5.91%.The business had revenue of $3.67 billion for the quarter, compared to analysts’ expectations of $3.37 billion. During the same period in the prior year, the firm earned $2.15 EPS. The business’s quarterly revenue was up 16.5% on a year-over-year basis. Crown has set its Q3 2026 guidance at 2.200-2.30 EPS and its FY 2026 guidance at 8.300-8.50 EPS. Analysts anticipate that Crown will post 8.39 earnings per share for the current year.

Hedge Funds Weigh In On Crown

A number of institutional investors and hedge funds have recently bought and sold shares of CCK. Anchor Investment Management LLC increased its stake in Crown by 5.8% during the 2nd quarter. Anchor Investment Management LLC now owns 1,974 shares of the industrial products company’s stock valued at $221,000 after buying an additional 109 shares during the period. Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of Crown by 2.1% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 5,838 shares of the industrial products company’s stock worth $585,000 after acquiring an additional 121 shares during the period. Amova Asset Management Americas Inc. boosted its holdings in shares of Crown by 2.1% in the first quarter. Amova Asset Management Americas Inc. now owns 5,838 shares of the industrial products company’s stock valued at $585,000 after acquiring an additional 121 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its holdings in shares of Crown by 0.7% in the first quarter. Oregon Public Employees Retirement Fund now owns 22,972 shares of the industrial products company’s stock valued at $2,303,000 after acquiring an additional 152 shares in the last quarter. Finally, Brand Asset Management Group Inc. increased its stake in shares of Crown by 9.5% during the fourth quarter. Brand Asset Management Group Inc. now owns 2,290 shares of the industrial products company’s stock valued at $236,000 after acquiring an additional 199 shares during the period. Institutional investors own 90.93% of the company’s stock.

Crown Company Profile

Crown Holdings, Inc (NYSE: CCK) is a global manufacturer of packaging products. The company primarily produces metal beverage cans and ends, food cans, aerosol cans, and metal closures used for beverages, food, household products, personal care items, and other consumer goods.

Crown also provides transit packaging solutions, including protective packaging systems and materials used to secure and transport industrial and consumer products. Its customers include beverage, food, household products, personal care, and industrial companies.

The company traces its history to 1892, when it was founded as Crown Cork & Seal Company following the development of the crown cork bottle closure.