HighTower Advisors LLC Buys 6,109 Shares of Crown Holdings, Inc. $CCK

HighTower Advisors LLC boosted its stake in shares of Crown Holdings, Inc. (NYSE:CCK) by 48.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,652 shares of the industrial products company’s stock after purchasing an additional 6,109 shares during the period. HighTower Advisors LLC’s holdings in Crown were worth $1,802,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Harbor Capital Advisors Inc. raised its stake in Crown by 103.1% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 264 shares of the industrial products company’s stock valued at $25,000 after buying an additional 134 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in shares of Crown by 105.0% in the 3rd quarter. Smartleaf Asset Management LLC now owns 289 shares of the industrial products company’s stock worth $28,000 after buying an additional 148 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of Crown by 45.3% in 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 period. Quent Capital LLC purchased a new stake in Crown during the third quarter valued at $34,000. Finally, Root Financial Partners LLC bought a new position in Crown in the third quarter valued at about $37,000. Hedge funds and other institutional investors own 90.93% of the company’s stock.

Crown Stock Performance

CCK opened at $114.68 on Friday. The company has a 50 day simple moving average of $107.31 and a two-hundred day simple moving average of $100.58. The company has a debt-to-equity ratio of 1.55, a current ratio of 1.03 and a quick ratio of 0.66. The firm has a market cap of $13.23 billion, a P/E ratio of 18.00, a PEG ratio of 1.34 and a beta of 0.73. Crown Holdings, Inc. has a 1-year low of $75.98 and a 1-year high of $116.62.

Crown (NYSE:CCK) last released its earnings results on Wednesday, February 4th. The industrial products company reported $1.74 earnings per share for the quarter, beating analysts’ consensus estimates of $1.69 by $0.05. The company had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $2.99 billion. Crown had a net margin of 5.97% and a return on equity of 26.68%. Crown’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the company 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 forecast that Crown Holdings, Inc. will post 6.96 earnings per share for the current fiscal year.

Insider Transactions at Crown

In related news, COO Djalma Novaes, Jr. sold 29,734 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $114.80, for a total value of $3,413,463.20. Following the transaction, the chief operating officer directly owned 88,052 shares of the company’s stock, valued at approximately $10,108,369.60. The trade was a 25.24% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Timothy J. Donahue sold 29,024 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $105.00, for a total value of $3,047,520.00. Following the completion of the transaction, the chief executive officer owned 411,556 shares of the company’s stock, valued at $43,213,380. The trade was a 6.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 101,988 shares of company stock valued at $10,964,122. Corporate insiders own 0.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on CCK shares. JPMorgan Chase & Co. downgraded Crown from an “overweight” rating to a “neutral” rating and boosted their price target for the company from $112.00 to $155.00 in a research note on Friday, February 6th. Wolfe Research set a $115.00 target price on shares of Crown in a research report on Friday, February 6th. Mizuho upped their target price on shares of Crown from $120.00 to $130.00 and gave the company an “outperform” rating in a report on Thursday, February 5th. Royal Bank Of Canada lifted their price target on shares of Crown from $120.00 to $140.00 and gave the stock an “outperform” rating in a research note on Monday, February 9th. Finally, UBS Group set a $126.00 price objective on shares of Crown and gave the company a “neutral” rating in a research report on Monday, February 9th. Eleven analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, Crown presently has a consensus rating of “Moderate Buy” and an average price target of $125.86.

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.