Crown’s (CCK) “Buy” Rating Reaffirmed at Truist Financial

Crown (NYSE:CCK)‘s stock had its “buy” rating reiterated by investment analysts at Truist Financial in a note issued to investors on Wednesday,Benzinga reports. They currently have a $141.00 price objective on the industrial products company’s stock, up from their previous price objective of $129.00. Truist Financial’s price objective points to a potential upside of 19.70% from the stock’s current price.

CCK has been the subject of several other reports. Citigroup upped their price objective on shares of Crown from $127.00 to $129.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Bank of America lifted their target price on shares of Crown from $129.00 to $145.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th. Jefferies Financial Group set a $121.00 price target on shares of Crown in a report on Wednesday. Wall Street Zen raised Crown from a “hold” rating to a “buy” rating in a research report on Saturday, June 20th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Crown in a research note on Wednesday, July 8th. Twelve analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $127.06.

Crown Stock Performance

CCK traded down $0.20 on Wednesday, hitting $117.79. The company had a trading volume of 399,625 shares, compared to its average volume of 1,153,077. The stock has a market cap of $13.16 billion, a price-to-earnings ratio of 16.94, a price-to-earnings-growth ratio of 1.91 and a beta of 0.60. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.12 and a quick ratio of 0.70. The company’s fifty day moving average price is $103.54 and its 200 day moving average price is $104.90. Crown has a 1-year low of $89.21 and a 1-year high of $121.76.

Crown (NYSE:CCK) last announced its quarterly earnings results on Monday, July 20th. The industrial products company reported $2.49 EPS for the quarter, beating the consensus estimate of $2.16 by $0.33. Crown had a return on equity of 27.14% and a net margin of 5.91%.The company had revenue of $3.67 billion for the quarter, compared to the consensus estimate of $3.37 billion. During the same quarter last year, the company posted $2.15 earnings per share. 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 predict that Crown will post 8.06 earnings per share for the current fiscal year.

Insider Transactions at Crown

In related news, CEO Timothy J. Donahue sold 15,000 shares of the company’s stock in a transaction 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 transaction, the chief executive officer directly owned 436,070 shares in the company, valued at $45,787,350. This represents a 3.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.90% of the company’s stock.

Institutional Trading of Crown

Several hedge funds and other institutional investors have recently bought and sold shares of CCK. Root Financial Partners LLC grew its holdings in Crown by 23.8% during the 4th quarter. Root Financial Partners LLC now owns 473 shares of the industrial products company’s stock worth $49,000 after acquiring an additional 91 shares during the period. Parallel Advisors LLC lifted its stake in shares of Crown by 12.5% in the 4th 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 stake in shares of Crown by 52.5% in the 4th 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. boosted its position in shares of Crown by 45.3% in the 1st 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, Siemens Fonds Invest GmbH grew its stake in shares of Crown by 7.7% during the third quarter. Siemens Fonds Invest GmbH now owns 1,626 shares of the industrial products company’s stock worth $157,000 after purchasing an additional 116 shares during the period. 90.93% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Crown

Here are the key news stories impacting Crown this week:

• Positive Sentiment: Crown beat Q2 expectations with EPS of $2.49 versus estimates around $2.16 and revenue of $3.67 billion versus $3.37 billion expected, signaling solid demand and execution. CROWN HOLDINGS, INC. REPORTS SECOND QUARTER 2026 RESULTS
• Positive Sentiment: The company said global beverage can volumes rose 5%, helping sales and reinforcing the strength of its core packaging business. Crown Holdings Posts Higher Sales As Global Beverage Can Volumes Rise
• Positive Sentiment: Crown raised full-year 2026 EPS guidance to $8.30-$8.50, above prior expectations, which suggests management sees momentum continuing. Why Crown Holdings Shares Are Trading Higher; Here Are 20 Stocks Moving Premarket
• Neutral Sentiment: Analysts at JPMorgan downgraded the stock to neutral, but still lifted their price target to $121 from $107, while Robert W. Baird raised its target to $130 and kept a neutral rating. Analyst rating and target changes
• Neutral Sentiment: Commentary around the Q2 earnings call described management as cautiously upbeat, which may temper some of the enthusiasm after the post-earnings move. Crown Holdings Earnings Call: Growth, Caution, Cash

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.