Crown Holdings, Inc. (NYSE:CCK) Given Average Recommendation of “Moderate Buy” by Analysts

Crown Holdings, Inc. (NYSE:CCK) has received a consensus recommendation of “Moderate Buy” from the seventeen ratings firms that are covering the company, MarketBeat reports. Six investment analysts have rated the stock with a hold recommendation and eleven have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $128.20.

Several analysts recently weighed in on the stock. Wells Fargo & Company boosted their price objective on shares of Crown from $117.00 to $127.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 22nd. Citigroup reaffirmed a “buy” rating on shares of Crown in a report on Thursday, July 23rd. Bank of America increased their price target on Crown from $129.00 to $145.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. BMO Capital Markets raised their price objective on Crown from $130.00 to $135.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. Finally, Raymond James Financial lifted their price objective on Crown from $125.00 to $135.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 15th.

Crown Stock Performance

NYSE:CCK opened at $116.36 on Tuesday. The stock’s 50-day moving average is $112.28 and its 200-day moving average is $106.96. Crown has a 1-year low of $89.21 and a 1-year high of $122.91. The company has a current ratio of 1.05, a quick ratio of 0.65 and a debt-to-equity ratio of 1.63. The stock has a market cap of $12.66 billion, a P/E ratio of 16.74, a price-to-earnings-growth ratio of 1.67 and a beta of 0.59.

Crown (NYSE:CCK) last posted its earnings results on Monday, July 20th. The industrial products company reported $2.49 EPS for the quarter, topping the consensus estimate of $2.16 by $0.33. Crown had a net margin of 5.91% and a return on equity of 27.33%. The business had revenue of $3.67 billion for the quarter, compared to the consensus estimate of $3.37 billion. During the same period last year, the company earned $2.15 EPS. The firm’s revenue was up 16.5% compared to the same quarter last year. 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 research analysts anticipate that Crown will post 8.39 earnings per share for the current year.

Crown Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Thursday, August 6th will be given a $0.35 dividend. The ex-dividend date is Thursday, August 6th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.2%. Crown’s payout ratio is 20.14%.

Insider Activity

In other 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 value of $1,575,000.00. Following the sale, the chief executive officer directly owned 436,070 shares of the company’s stock, valued at approximately $45,787,350. This represents a 3.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.90% of the company’s stock.

Hedge Funds Weigh In On Crown

Hedge funds have recently bought and sold shares of the company. OLD National Bancorp IN lifted its stake in shares of Crown by 507.7% in the 4th quarter. OLD National Bancorp IN now owns 89,549 shares of the industrial products company’s stock valued at $9,221,000 after purchasing an additional 74,814 shares during the period. Louisiana State Employees Retirement System acquired a new stake in Crown during the first quarter worth approximately $3,258,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in Crown in the fourth quarter worth approximately $3,855,000. World Investment Advisors bought a new stake in Crown in the fourth quarter worth approximately $1,188,000. Finally, UBS Group AG lifted its stake in Crown by 27.1% in the fourth quarter. UBS Group AG now owns 1,394,356 shares of the industrial products company’s stock valued at $143,577,000 after buying an additional 297,208 shares during the period. Institutional investors own 90.93% of the company’s stock.

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.