Crown (NYSE:CCK) CEO Timothy Donahue Sells 7,500 Shares of Stock

Crown Holdings, Inc. (NYSE:CCK) CEO Timothy Donahue sold 7,500 shares of the firm’s stock in a transaction on 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 directly owned 451,070 shares of the company’s stock, valued at $48,196,829.50. The trade was a 1.64% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Crown Stock Performance

Crown stock opened at $105.03 on Thursday. The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.66 and a current ratio of 1.03. The stock has a fifty day moving average of $107.45 and a two-hundred day moving average of $102.25. The company has a market capitalization of $11.79 billion, a price-to-earnings ratio of 16.49, a PEG ratio of 1.76 and a beta of 0.75. Crown Holdings, Inc. has a fifty-two week low of $83.23 and a fifty-two week high of $116.62.

Crown (NYSE:CCK) last released its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $1.74 earnings per share for the quarter, topping the consensus estimate of $1.69 by $0.05. The company had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $2.99 billion. Crown had a return on equity of 26.68% and a net margin of 5.97%.Crown’s revenue was up 7.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.59 earnings per share. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q1 2026 guidance at 1.700-1.800 EPS. On average, analysts anticipate that Crown Holdings, Inc. will post 6.96 EPS for the current fiscal year.

Crown Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th were given a dividend of $0.35 per share. The ex-dividend date of this dividend was Tuesday, March 17th. This is a positive change from Crown’s previous quarterly dividend of $0.26. This represents a $1.40 annualized dividend and a yield of 1.3%. Crown’s dividend payout ratio (DPR) is 21.98%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CCK. Harbor Capital Advisors Inc. boosted its holdings in Crown by 103.1% in the third quarter. Harbor Capital Advisors Inc. now owns 264 shares of the industrial products company’s stock valued at $25,000 after acquiring an additional 134 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in Crown by 105.0% in the third quarter. Smartleaf Asset Management LLC now owns 289 shares of the industrial products company’s stock valued at $28,000 after acquiring an additional 148 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in Crown in the third quarter valued at $29,000. ORG Partners LLC boosted its holdings in Crown by 52.5% in the fourth quarter. ORG Partners LLC now owns 305 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 105 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its holdings in Crown by 45.3% in the first quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 111 shares during the last quarter. Institutional investors and hedge funds own 90.93% of the company’s stock.

Analyst Ratings Changes

CCK has been the subject of several recent research reports. Jefferies Financial Group reissued a “buy” rating on shares of Crown in a research report on Monday, February 23rd. Mizuho raised their price target on Crown from $120.00 to $130.00 and gave the stock an “outperform” rating in a research report on Thursday, February 5th. Morgan Stanley reaffirmed an “overweight” rating on shares of Crown in a research report on Friday, February 6th. Citigroup lowered their price objective on Crown from $128.00 to $127.00 and set a “buy” rating for the company in a research report on Monday. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Crown in a research report on Friday, March 27th. Twelve analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $124.40.

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.