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

Crown Holdings, Inc. (NYSE:CCK) has been assigned a consensus recommendation of “Moderate Buy” from the seventeen ratings firms that are currently covering the company, Marketbeat.com reports. Five investment analysts have rated the stock with a hold rating and twelve have issued a buy rating on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $120.00.

A number of brokerages have weighed in on CCK. Deutsche Bank Aktiengesellschaft began coverage on shares of Crown in a research report on Wednesday, April 1st. They set a “buy” rating and a $124.00 price target for the company. Truist Financial dropped their price target on shares of Crown from $135.00 to $129.00 and set a “buy” rating for the company in a research report on Wednesday, April 15th. JPMorgan Chase & Co. upgraded shares of Crown from a “neutral” rating to an “overweight” rating and set a $107.00 price target for the company in a research report on Monday, May 18th. Wall Street Zen cut shares of Crown from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Crown in a research report on Monday, February 23rd.

Insider Buying and Selling at Crown

In other Crown news, CEO Timothy J. Donahue sold 7,500 shares of Crown 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 completion of the sale, the chief executive officer directly owned 451,070 shares in the company, valued at $48,196,829.50. This trade represents a 1.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.90% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. State Street Corp boosted its stake in shares of Crown by 2.1% in the third quarter. State Street Corp now owns 4,514,736 shares of the industrial products company’s stock valued at $436,078,000 after purchasing an additional 93,045 shares during the period. AQR Capital Management LLC boosted its stake in shares of Crown by 19.3% in the fourth quarter. AQR Capital Management LLC now owns 4,137,962 shares of the industrial products company’s stock valued at $426,086,000 after purchasing an additional 670,412 shares during the period. Invesco Ltd. boosted its stake in shares of Crown by 33.6% in the fourth quarter. Invesco Ltd. now owns 3,526,983 shares of the industrial products company’s stock valued at $363,173,000 after purchasing an additional 886,471 shares during the period. Franklin Resources Inc. boosted its stake in shares of Crown by 5.3% in the third quarter. Franklin Resources Inc. now owns 2,979,842 shares of the industrial products company’s stock valued at $287,823,000 after purchasing an additional 149,700 shares during the period. Finally, Swedbank AB boosted its stake in shares of Crown by 1.9% in the fourth quarter. Swedbank AB now owns 2,541,183 shares of the industrial products company’s stock valued at $261,666,000 after purchasing an additional 47,613 shares during the period. Hedge funds and other institutional investors own 90.93% of the company’s stock.

Crown Price Performance

Crown stock opened at $95.72 on Thursday. Crown has a 12-month low of $89.21 and a 12-month high of $116.62. The stock has a market cap of $10.70 billion, a P/E ratio of 15.24, a PEG ratio of 1.58 and a beta of 0.63. The company has a 50-day moving average price of $100.05 and a 200 day moving average price of $103.00. 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 released its quarterly earnings data 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. Crown had a net margin of 5.65% and a return on equity of 26.62%. The firm had revenue of $3.26 billion during the quarter, compared to analysts’ expectations of $3.03 billion. During the same period last year, the business earned $1.67 earnings per share. Crown’s revenue was up 12.9% compared to the same quarter last year. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q2 2026 guidance at 2.100-2.200 EPS. Sell-side analysts anticipate that Crown will post 8.05 earnings per share for the current year.

Crown Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were given a dividend of $0.35 per share. The ex-dividend date was Thursday, May 14th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.5%. Crown’s dividend payout ratio (DPR) 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.