Crown Holdings, Inc. (NYSE:CCK) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Crown Holdings, Inc. (NYSE:CCK) have earned an average recommendation of “Moderate Buy” from the seventeen research firms that are covering the company, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation and twelve have given a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $120.1429.

A number of equities analysts have commented on CCK shares. JPMorgan Chase & Co. upgraded shares of Crown from a “neutral” rating to an “overweight” rating and set a $107.00 price target on the stock in a research report on Monday, May 18th. Royal Bank Of Canada cut 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. Truist Financial decreased their price objective on Crown from $135.00 to $129.00 and set a “buy” rating for the company in a research note on Wednesday, April 15th. UBS Group lowered their target price on shares of Crown from $120.00 to $112.00 and set a “neutral” rating for the company in a research note on Wednesday, April 29th. Finally, Bank of America decreased their target price on Crown from $131.00 to $126.00 and set a “buy” rating for the company in a research note on Monday, April 6th.

Insider Transactions at Crown

In other Crown news, CEO Timothy J. Donahue sold 15,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $105.00, for a total transaction of $1,575,000.00. Following the sale, the chief executive officer directly owned 436,070 shares in the company, valued at approximately $45,787,350. This trade represents a 3.33% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 30,000 shares of company stock worth $3,163,875. 0.90% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Crown

Several large investors have recently made changes to their positions in the stock. OLD National Bancorp IN grew its holdings in shares of Crown by 507.7% during the fourth quarter. OLD National Bancorp IN now owns 89,549 shares of the industrial products company’s stock worth $9,221,000 after buying an additional 74,814 shares in the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund lifted its stake in Crown by 235.5% in the 3rd quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 25,500 shares of the industrial products company’s stock valued at $2,463,000 after acquiring an additional 17,900 shares in the last quarter. Nordea Investment Management AB boosted its position in Crown by 2.2% during the 4th quarter. Nordea Investment Management AB now owns 1,666,360 shares of the industrial products company’s stock worth $171,668,000 after acquiring an additional 36,540 shares during the last quarter. Compagnie Lombard Odier SCmA boosted its position in Crown by 79.2% during the 4th quarter. Compagnie Lombard Odier SCmA now owns 12,672 shares of the industrial products company’s stock worth $1,305,000 after acquiring an additional 5,600 shares during the last quarter. Finally, Mount Capital Ltd grew its stake in shares of Crown by 11.8% during the 3rd quarter. Mount Capital Ltd now owns 309,600 shares of the industrial products company’s stock worth $29,904,000 after acquiring an additional 32,700 shares in the last quarter. Institutional investors own 90.93% of the company’s stock.

Crown Stock Down 0.1%

CCK opened at $113.17 on Monday. The company has a market capitalization of $12.65 billion, a P/E ratio of 18.02, a P/E/G ratio of 1.87 and a beta of 0.60. The firm’s fifty day moving average price is $100.57 and its two-hundred day moving average price is $104.07. Crown has a fifty-two week low of $89.21 and a fifty-two week high of $116.62. 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 (NYSE:CCK) last posted its quarterly earnings results on Monday, April 27th. The industrial products company reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.75 by $0.11. The firm had revenue of $3.26 billion during the quarter, compared to analyst estimates of $3.03 billion. Crown had a net margin of 5.65% and a return on equity of 26.62%. The company’s quarterly revenue was up 12.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.67 earnings per share. 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, analysts anticipate that Crown will post 8.05 EPS for the current year.

Crown Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Investors of record on Thursday, May 14th were given a $0.35 dividend. The ex-dividend date was Thursday, May 14th. This represents a $1.40 annualized dividend and a dividend yield of 1.2%. Crown’s payout ratio is currently 22.29%.

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.