LSV Asset Management Increases Stock Position in Crown Holdings, Inc. $CCK

LSV Asset Management lifted its holdings in Crown Holdings, Inc. (NYSE:CCK) by 542.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 858,275 shares of the industrial products company’s stock after buying an additional 724,620 shares during the period. LSV Asset Management’s holdings in Crown were worth $88,377,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. Advisory Alpha LLC bought a new stake in shares of Crown in the 4th quarter worth about $206,000. Markel Group Inc. increased its holdings in shares of Crown by 11.9% in the 4th quarter. Markel Group Inc. now owns 212,000 shares of the industrial products company’s stock worth $21,830,000 after buying an additional 22,500 shares during the last quarter. BOK Financial Private Wealth Inc. bought a new stake in shares of Crown in the 4th quarter worth about $42,000. Global Retirement Partners LLC increased its holdings in shares of Crown by 305.8% in the 4th quarter. Global Retirement Partners LLC now owns 2,439 shares of the industrial products company’s stock worth $251,000 after buying an additional 1,838 shares during the last quarter. Finally, Leonteq Securities AG bought a new stake in shares of Crown in the 4th quarter worth about $307,000. 90.93% of the stock is currently owned by institutional investors.

Crown Stock Performance

Shares of NYSE:CCK opened at $96.75 on Friday. The company has a market capitalization of $10.81 billion, a price-to-earnings ratio of 15.41, a PEG ratio of 1.60 and a beta of 0.65. Crown Holdings, Inc. has a 12 month low of $89.21 and a 12 month high of $116.62. The firm’s 50-day moving average is $101.77 and its 200 day moving average is $103.14. The company has a current ratio of 1.12, a quick ratio of 0.70 and a debt-to-equity ratio of 1.67.

Crown (NYSE:CCK) last issued its quarterly earnings results on Monday, April 27th. The industrial products company reported $1.86 EPS for the quarter, beating the consensus estimate of $1.75 by $0.11. The company had revenue of $3.26 billion for the quarter, compared to the consensus estimate of $3.03 billion. Crown had a net margin of 5.65% and a return on equity of 26.62%. The firm’s revenue was up 12.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.67 EPS. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q2 2026 guidance at 2.100-2.200 EPS. Research analysts predict that Crown Holdings, Inc. will post 8.05 EPS for the current year.

Crown Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 28th. Investors of record on Thursday, May 14th will be issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.4%. The ex-dividend date is Thursday, May 14th. Crown’s dividend payout ratio is presently 22.29%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Bank of America reduced their target price on shares of Crown from $131.00 to $126.00 and set a “buy” rating on the stock in a report on Monday, April 6th. 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. JPMorgan Chase & Co. upgraded shares of Crown from a “neutral” rating to an “overweight” rating and set a $107.00 target price on the stock in a report on Monday, May 18th. Morgan Stanley restated an “overweight” rating on shares of Crown in a report on Friday, February 6th. Finally, Mizuho boosted their target price on shares of Crown from $120.00 to $130.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. Twelve equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $120.00.

Insider Activity

In related news, COO Djalma Novaes, Jr. sold 29,734 shares of the company’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $114.80, for a total transaction of $3,413,463.20. Following the transaction, the chief operating officer directly owned 88,052 shares in the company, valued at approximately $10,108,369.60. This represents a 25.24% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Timothy J. Donahue sold 7,500 shares of the company’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $106.85, for a total transaction of $801,375.00. Following the transaction, the chief executive officer owned 451,070 shares in the company, valued at $48,196,829.50. The trade was a 1.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 44,734 shares of company stock worth $5,002,338 over the last quarter. 0.90% of the stock is currently owned by insiders.

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.