Krilogy Financial LLC Takes Position in Crown Holdings, Inc. $CCK

Krilogy Financial LLC purchased a new position in Crown Holdings, Inc. (NYSE:CCK) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 7,059 shares of the industrial products company’s stock, valued at approximately $696,000.

Other hedge funds have also bought and sold shares of the company. State Street Corp increased its stake in shares of Crown by 1.6% during the second quarter. State Street Corp now owns 4,421,691 shares of the industrial products company’s stock valued at $455,346,000 after purchasing an additional 71,355 shares in the last quarter. Bank of New York Mellon Corp grew its stake in shares of Crown by 5.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 3,300,662 shares of the industrial products company’s stock worth $339,902,000 after buying an additional 165,600 shares during the last quarter. Invesco Ltd. increased its position in Crown by 58.6% during the 2nd quarter. Invesco Ltd. now owns 2,727,276 shares of the industrial products company’s stock valued at $280,855,000 after buying an additional 1,007,980 shares in the last quarter. AQR Capital Management LLC raised its stake in Crown by 43.3% during the second quarter. AQR Capital Management LLC now owns 2,533,612 shares of the industrial products company’s stock valued at $260,835,000 after buying an additional 765,136 shares during the last quarter. Finally, Swedbank AB boosted its holdings in Crown by 60.8% in the third quarter. Swedbank AB now owns 2,493,570 shares of the industrial products company’s stock worth $240,854,000 after acquiring an additional 943,045 shares in the last quarter. Institutional investors own 90.93% of the company’s stock.

Insider Transactions at Crown

In other news, COO Djalma Novaes, Jr. sold 19,754 shares of the stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $101.02, for a total value of $1,995,549.08. Following the transaction, the chief operating officer owned 96,841 shares in the company, valued at $9,782,877.82. This represents a 16.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Timothy J. Donahue sold 29,024 shares of the firm’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 transaction of $3,047,520.00. Following the completion of the transaction, the chief executive officer directly owned 411,556 shares in the company, valued at approximately $43,213,380. The trade was a 6.59% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 64,754 shares of company stock worth $6,720,634. 0.90% of the stock is owned by corporate insiders.

Crown Trading Up 0.3%

Shares of CCK stock opened at $110.76 on Friday. Crown Holdings, Inc. has a 12-month low of $75.98 and a 12-month high of $115.85. The company has a current ratio of 1.03, a quick ratio of 0.66 and a debt-to-equity ratio of 1.55. The firm’s 50 day moving average is $104.33 and its 200 day moving average is $99.60. The stock has a market capitalization of $12.78 billion, a P/E ratio of 17.39, a P/E/G ratio of 1.29 and a beta of 0.73.

Crown (NYSE:CCK) last announced 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 business had revenue of $3.13 billion during the quarter, compared to analyst estimates of $2.99 billion. Crown had a net margin of 5.97% and a return on equity of 26.68%. The company’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same period in the previous year, the business 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. Research analysts expect that Crown Holdings, Inc. will post 6.96 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. JPMorgan Chase & Co. downgraded Crown from an “overweight” rating to a “neutral” rating and raised their price target for the company from $112.00 to $155.00 in a report on Friday, February 6th. Truist Financial restated a “buy” rating and set a $135.00 price objective (up from $130.00) on shares of Crown in a research note on Friday, February 6th. Raymond James Financial reiterated an “outperform” rating and issued a $115.00 target price (up previously from $110.00) on shares of Crown in a research note on Wednesday, October 22nd. Mizuho raised their price target on shares of Crown from $120.00 to $130.00 and gave the company an “outperform” rating in a research report on Thursday, February 5th. Finally, UBS Group set a $126.00 price objective on Crown and gave the company a “neutral” rating in a research report on Monday. Ten analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus 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.