Empowered Funds LLC Grows Stock Holdings in Crown Holdings, Inc. $CCK

Empowered Funds LLC raised its holdings in Crown Holdings, Inc. (NYSE:CCK) by 6.2% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 105,793 shares of the industrial products company’s stock after acquiring an additional 6,160 shares during the period. Empowered Funds LLC owned 0.09% of Crown worth $10,606,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. Royal Bank of Canada grew its position in shares of Crown by 24.1% in the first quarter. Royal Bank of Canada now owns 48,920 shares of the industrial products company’s stock valued at $4,367,000 after purchasing an additional 9,497 shares during the period. Integrated Wealth Concepts LLC lifted its position in Crown by 39.4% during the first 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. purchased a new position in Crown during the first quarter worth about $111,000. NewEdge Advisors LLC boosted its stake in Crown by 6.3% in 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 last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in Crown by 23.7% in 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 last quarter. Hedge funds and other institutional investors own 90.93% of the company’s stock.

Crown Stock Performance

Crown stock opened at $118.27 on Friday. The stock’s 50-day moving average is $106.43 and its 200-day moving average is $105.61. The company has a market cap of $13.22 billion, a price-to-earnings ratio of 17.02, a price-to-earnings-growth ratio of 1.68 and a beta of 0.60. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.05 and a quick ratio of 0.65. Crown Holdings, Inc. has a 12 month low of $89.21 and a 12 month high of $121.90.

Crown (NYSE:CCK) last released its quarterly earnings data on Monday, July 20th. The industrial products company reported $2.49 earnings per share for the quarter, beating the consensus estimate of $2.16 by $0.33. Crown had a return on equity of 27.33% and a net margin of 5.91%.The business had revenue of $3.67 billion for the quarter, compared to analyst estimates of $3.37 billion. During the same period in the previous year, the company posted $2.15 EPS. The company’s revenue was up 16.5% compared to the same quarter last year. Crown has set its Q3 2026 guidance at 2.200-2.30 EPS and its FY 2026 guidance at 8.300-8.50 EPS. Equities analysts anticipate that Crown Holdings, Inc. will post 8.39 earnings per share for the current year.

Crown Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Shareholders of record on Thursday, August 6th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, August 6th. Crown’s payout ratio is 20.14%.

Analyst Ratings Changes

A number of research firms have recently commented on CCK. Citigroup reaffirmed a “buy” rating on shares of Crown in a research note on Thursday, July 23rd. Weiss Ratings reissued a “buy (b-)” rating on shares of Crown in a research report on Wednesday, July 8th. Mizuho boosted their target price on shares of Crown from $130.00 to $135.00 and gave the company an “outperform” rating in a report on Tuesday, July 21st. JPMorgan Chase & Co. lowered shares of Crown from an “overweight” rating to a “neutral” rating and upped their price target for the stock from $107.00 to $121.00 in a research report on Wednesday, July 22nd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Crown in a research note on Wednesday, July 22nd. Eleven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $128.20.

Crown News Summary

Here are the key news stories impacting Crown this week:

• Positive Sentiment: Crown was highlighted among three industrial stocks to buy, with analysts citing resilient manufacturing activity, infrastructure spending and longer-term demand for packaging products as potential supports for its earnings outlook. 3 Industrial Stocks to Buy Amid Manufacturing Resilience
• Positive Sentiment: Coverage of Crown’s packaging outlook points to ongoing attention on the company’s metal packaging businesses and potential benefits from stable consumer and industrial demand. Crown Holdings Packaging Outlook Takes Center Stage
• Positive Sentiment: A long-term growth article presents Crown as an attractive growth stock, reinforcing the bullish narrative following its strong quarterly results, including earnings and revenue that exceeded analyst expectations. Why Crown Holdings Is a Top Growth Stock for the Long Term
• Neutral Sentiment: Analyst coverage assigns Crown a consensus “Moderate Buy” rating, supporting sentiment but not indicating a fresh change in estimates or recommendations. Crown Holdings Given Average Recommendation of Moderate Buy
• Negative Sentiment: Crown recently reached a 52-week high, prompting discussion of whether investors should take profits. Its elevated valuation and momentum may make the stock more vulnerable to short-term selling if further catalysts do not emerge. Crown Holdings Soars to 52-Week High

Insider Transactions at Crown

In other Crown news, CEO Timothy J. Donahue sold 15,000 shares of the business’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 completion of the sale, the chief executive officer directly owned 436,070 shares in the company, valued at $45,787,350. The trade was a 3.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.90% of the stock is currently owned by corporate insiders.

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.