Insider Selling: Crown (NYSE:CCK) CEO Sells $1,575,000.00 in Stock

Crown Holdings, Inc. (NYSE:CCK) CEO Timothy Donahue sold 15,000 shares of the business’s stock in a transaction on Tuesday, June 23rd. The stock was 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 in the company, valued at approximately $45,787,350. The trade was a 3.33% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Crown Price Performance

Shares of Crown stock traded up $2.53 during trading on Tuesday, reaching $105.75. 1,315,757 shares of the stock traded hands, compared to its average volume of 1,161,927. The company has a market capitalization of $11.82 billion, a price-to-earnings ratio of 16.84, a P/E/G ratio of 1.68 and a beta of 0.63. The business has a fifty day simple moving average of $99.61 and a two-hundred day simple moving average of $103.22. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.12 and a quick ratio of 0.70. Crown Holdings, Inc. has a 52-week low of $89.21 and a 52-week high of $116.62.

Crown (NYSE:CCK) last posted its earnings results on Monday, April 27th. The industrial products company reported $1.86 EPS for the quarter, topping analysts’ consensus estimates of $1.75 by $0.11. Crown had a return on equity of 26.62% and a net margin of 5.65%.The company had revenue of $3.26 billion for the quarter, compared to the consensus estimate of $3.03 billion. During the same period in the previous year, the business earned $1.67 earnings per share. The firm’s revenue for the quarter 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. Sell-side analysts expect that Crown Holdings, Inc. will post 8.05 EPS for the current year.

Crown Announces Dividend

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 dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Thursday, May 14th. Crown’s dividend payout ratio is 22.29%.

Institutional Trading of Crown

Institutional investors have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd purchased a new position in Crown during the third quarter worth $29,000. ORG Partners LLC lifted its holdings in shares of Crown by 52.5% in the 4th 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. Geneos Wealth Management Inc. boosted its stake in shares of Crown by 45.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 111 shares during the period. BOK Financial Private Wealth Inc. bought a new position in Crown during the 4th quarter valued at about $42,000. Finally, Smartleaf Asset Management LLC grew its holdings in Crown by 52.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 440 shares of the industrial products company’s stock valued at $46,000 after purchasing an additional 151 shares during the last quarter. 90.93% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on CCK. DA Davidson reduced their price target on shares of Crown from $115.00 to $107.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 13th. Wells Fargo & Company dropped their price objective on shares of Crown from $111.00 to $109.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 14th. Citigroup boosted their target price on shares of Crown from $127.00 to $129.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Royal Bank Of Canada decreased their target price on shares of Crown from $140.00 to $129.00 and set an “outperform” rating on the stock in a research report on Friday, April 17th. Finally, Truist Financial lowered their price target on shares of Crown from $135.00 to $129.00 and set a “buy” rating for the company in a report on Wednesday, April 15th. Twelve investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $120.00.

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.