Crown Holdings, Inc. $CCK Stake Boosted by Natixis Advisors LLC

Natixis Advisors LLC boosted its stake in shares of Crown Holdings, Inc. (NYSE:CCK) by 51.3% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 251,044 shares of the industrial products company’s stock after purchasing an additional 85,156 shares during the quarter. Natixis Advisors LLC’s holdings in Crown were worth $25,850,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of CCK. Royal Bank of Canada raised its holdings in Crown by 24.1% during the 1st quarter. Royal Bank of Canada now owns 48,920 shares of the industrial products company’s stock worth $4,367,000 after buying an additional 9,497 shares during the period. Integrated Wealth Concepts LLC raised its holdings in Crown by 39.4% during the 1st quarter. Integrated Wealth Concepts LLC now owns 4,109 shares of the industrial products company’s stock worth $367,000 after buying an additional 1,161 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Crown during the 1st quarter worth about $111,000. NewEdge Advisors LLC raised its holdings in Crown by 6.3% during the 1st quarter. NewEdge Advisors LLC now owns 5,917 shares of the industrial products company’s stock worth $528,000 after buying an additional 351 shares during the period. Finally, Goldman Sachs Group Inc. raised its holdings in Crown by 23.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 666,262 shares of the industrial products company’s stock worth $59,471,000 after buying an additional 127,737 shares during the period. Institutional investors and hedge funds own 90.93% of the company’s stock.

Crown Trading Down 1.5%

Shares of NYSE:CCK opened at $93.12 on Friday. The firm has a fifty day moving average of $100.57 and a two-hundred day moving average of $103.03. The firm has a market capitalization of $10.41 billion, a P/E ratio of 14.83, a price-to-earnings-growth ratio of 1.56 and a beta of 0.63. Crown Holdings, Inc. has a 12-month low of $89.21 and a 12-month high of $116.62. The company has a quick ratio of 0.70, a current ratio of 1.12 and a debt-to-equity ratio of 1.67.

Crown (NYSE:CCK) last issued its earnings results on Monday, April 27th. The industrial products company reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.75 by $0.11. Crown had a net margin of 5.65% and a return on equity of 26.62%. The company had revenue of $3.26 billion during the quarter, compared to analyst estimates of $3.03 billion. During the same quarter last year, the business posted $1.67 EPS. The company’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. On average, equities analysts expect that Crown Holdings, Inc. will post 8.05 EPS for the current fiscal year.

Crown Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were paid a $0.35 dividend. The ex-dividend date was Thursday, May 14th. This represents a $1.40 dividend on an annualized basis and a yield of 1.5%. Crown’s payout ratio is 22.29%.

Insider Buying and Selling

In other Crown news, CEO Timothy J. Donahue sold 7,500 shares of the business’s stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $106.85, for a total value 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 sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.90% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft assumed coverage on Crown in a report on Wednesday, April 1st. They set a “buy” rating and a $124.00 price objective on the stock. Bank of America lowered their price target on Crown from $131.00 to $126.00 and set a “buy” rating on the stock in a report on Monday, April 6th. DA Davidson lowered their price target on Crown from $115.00 to $107.00 and set a “neutral” rating on the stock in a report on Wednesday, May 13th. UBS Group lowered their price target on Crown from $120.00 to $112.00 and set a “neutral” rating on the stock in a report on Wednesday, April 29th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Crown in a research note on Monday, February 23rd. Twelve analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price 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.