Mariner Investment Group LLC Takes $515,000 Position in Crown Holdings, Inc. $CCK

Mariner Investment Group LLC purchased a new position in Crown Holdings, Inc. (NYSE:CCK) in the 4th quarter, HoldingsChannel reports. The institutional investor purchased 5,000 shares of the industrial products company’s stock, valued at approximately $515,000.

Other institutional investors also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC boosted its holdings in shares of Crown by 105.0% in the 3rd quarter. Smartleaf Asset Management LLC now owns 289 shares of the industrial products company’s stock valued at $28,000 after buying an additional 148 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in Crown during the third quarter valued at approximately $29,000. ORG Partners LLC boosted its stake 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 in the last quarter. Geneos Wealth Management Inc. grew 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 worth $32,000 after purchasing an additional 111 shares during the last quarter. Finally, BOK Financial Private Wealth Inc. acquired a new position in shares of Crown during the fourth quarter worth $42,000. Institutional investors own 90.93% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Crown in a research note on Friday, March 27th. Citigroup boosted their price target on Crown from $127.00 to $129.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Royal Bank Of Canada lowered their target price on shares of Crown from $140.00 to $129.00 and set an “outperform” rating for the company in a research note on Friday, April 17th. Truist Financial dropped their target price on shares of Crown from $135.00 to $129.00 and set a “buy” rating on the stock in a research report on Wednesday, April 15th. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Crown in a research note on Wednesday, April 1st. They set a “buy” rating and a $124.00 price target on the stock. Twelve analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $120.00.

Insiders Place Their Bets

In other Crown news, CEO Timothy J. Donahue sold 7,500 shares of the stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $106.85, for a total transaction of $801,375.00. Following the sale, the chief executive officer directly owned 451,070 shares of the company’s stock, valued at approximately $48,196,829.50. This trade represents a 1.64% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.90% of the company’s stock.

Crown Stock Performance

CCK opened at $101.54 on Friday. Crown Holdings, Inc. has a 12-month low of $89.21 and a 12-month high of $116.62. The company has a current ratio of 1.12, a quick ratio of 0.70 and a debt-to-equity ratio of 1.67. The firm has a market capitalization of $11.35 billion, a PE ratio of 16.17, a P/E/G ratio of 1.68 and a beta of 0.63. The firm has a 50 day moving average of $99.81 and a two-hundred day moving average of $103.15.

Crown (NYSE:CCK) last released its quarterly earnings data on Monday, April 27th. The industrial products company reported $1.86 EPS for the quarter, beating the consensus estimate of $1.75 by $0.11. The business had revenue of $3.26 billion for the quarter, compared to the consensus estimate of $3.03 billion. Crown had a net margin of 5.65% and a return on equity of 26.62%. The business’s revenue for the quarter was up 12.9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.67 EPS. 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 Holdings, Inc. will post 8.05 EPS for the current year.

Crown Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were issued a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Thursday, May 14th. Crown’s dividend payout ratio is presently 22.29%.

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.