Crown Holdings, Inc. $CCK Shares Sold by Raiffeisen Bank International AG

Raiffeisen Bank International AG lessened its stake in Crown Holdings, Inc. (NYSE:CCK) by 21.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 78,303 shares of the industrial products company’s stock after selling 21,733 shares during the quarter. Raiffeisen Bank International AG’s holdings in Crown were worth $8,122,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of CCK. Root Financial Partners LLC lifted its position in Crown by 23.8% in the fourth quarter. Root Financial Partners LLC now owns 473 shares of the industrial products company’s stock valued at $49,000 after purchasing an additional 91 shares during the period. Parallel Advisors LLC lifted its position in Crown by 12.5% in the fourth quarter. Parallel Advisors LLC now owns 934 shares of the industrial products company’s stock valued at $96,000 after purchasing an additional 104 shares during the period. ORG Partners LLC lifted its position 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 purchasing an additional 105 shares during the period. Geneos Wealth Management Inc. lifted its position 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 purchasing an additional 111 shares during the period. Finally, Siemens Fonds Invest GmbH lifted its position in Crown by 7.7% in the third quarter. Siemens Fonds Invest GmbH now owns 1,626 shares of the industrial products company’s stock valued at $157,000 after purchasing an additional 116 shares during the period. Institutional investors and hedge funds own 90.93% of the company’s stock.

Crown Trading Up 2.5%

Shares of Crown stock opened at $97.87 on Friday. 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 Holdings, Inc. has a 1 year low of $89.21 and a 1 year high of $116.62. The company has a market capitalization of $10.94 billion, a P/E ratio of 15.59, a P/E/G ratio of 1.57 and a beta of 0.63. The business has a 50 day moving average price of $100.00 and a 200 day moving average price of $103.00.

Crown (NYSE:CCK) last issued 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 return on equity of 26.62% and a net margin of 5.65%.The firm had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $3.03 billion. During the same period in the previous year, the firm posted $1.67 EPS. The company’s quarterly 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 Holdings, Inc. will post 8.05 EPS for the current fiscal year.

Crown Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Investors of record on Thursday, May 14th were given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Thursday, May 14th. Crown’s payout ratio is currently 22.29%.

Insider Activity

In related news, CEO Timothy J. Donahue sold 7,500 shares of Crown stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $106.85, for a total transaction of $801,375.00. Following the completion of the transaction, the chief executive officer directly owned 451,070 shares in the company, valued at $48,196,829.50. The trade was a 1.64% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.90% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

CCK has been the subject of a number of recent analyst reports. Weiss Ratings restated a “buy (b)” rating on shares of Crown in a research report on Friday, March 27th. Wall Street Zen downgraded shares of Crown from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th. DA Davidson reduced their price target on shares of Crown from $115.00 to $107.00 and set a “neutral” rating for the company in a research report on Wednesday, May 13th. Royal Bank Of Canada reduced their price target on shares of Crown from $140.00 to $129.00 and set an “outperform” rating for the company in a research report on Friday, April 17th. Finally, Citigroup lifted their price target on shares of Crown from $127.00 to $129.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Twelve research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $120.00.

Crown 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.