Nykredit A S Makes New Investment in Crown Holdings, Inc. $CCK

Nykredit A S purchased a new position in shares of Crown Holdings, Inc. (NYSE:CCK) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 890,156 shares of the industrial products company’s stock, valued at approximately $99,537,000. Nykredit A S owned about 0.82% of Crown as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Louisiana State Employees Retirement System purchased a new position in Crown in the 1st quarter worth $3,258,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in Crown during the 4th quarter valued at about $3,855,000. World Investment Advisors acquired a new position in shares of Crown in the fourth quarter valued at about $1,188,000. Natixis Advisors LLC lifted its holdings in shares of Crown by 51.3% during the fourth quarter. Natixis Advisors LLC now owns 251,044 shares of the industrial products company’s stock worth $25,850,000 after purchasing an additional 85,156 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Crown by 2,404.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 234,290 shares of the industrial products company’s stock worth $24,125,000 after purchasing an additional 224,936 shares during the period. 90.93% of the stock is owned by hedge funds and other institutional investors.

Crown Price Performance

NYSE:CCK opened at $116.98 on Thursday. The company has a quick ratio of 0.65, a current ratio of 1.05 and a debt-to-equity ratio of 1.63. Crown Holdings, Inc. has a 52 week low of $89.21 and a 52 week high of $122.91. The stock’s 50-day moving average price is $116.31 and its 200-day moving average price is $107.65. The stock has a market capitalization of $12.72 billion, a PE ratio of 16.83, a price-to-earnings-growth ratio of 1.63 and a beta of 0.58.

Crown (NYSE:CCK) last released its quarterly earnings results on Monday, July 20th. The industrial products company reported $2.49 earnings per share for the quarter, topping analysts’ consensus estimates of $2.16 by $0.33. Crown had a return on equity of 27.33% and a net margin of 5.91%.The company had revenue of $3.67 billion during the quarter, compared to analysts’ expectations of $3.37 billion. During the same quarter in the prior year, the firm posted $2.15 EPS. Crown’s quarterly 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. As a group, equities analysts expect that Crown Holdings, Inc. will post 8.39 EPS for the current fiscal year.

Crown Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 20th. Stockholders of record on Thursday, August 6th were given a dividend of $0.35 per share. The ex-dividend date was Thursday, August 6th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.2%. Crown’s dividend payout ratio (DPR) is 20.14%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on CCK. UBS Group increased their price target on shares of Crown from $115.00 to $123.00 and gave the stock a “neutral” rating in a report on Wednesday, July 22nd. Citigroup restated a “buy” rating on shares of Crown in a research note on Thursday, July 23rd. Truist Financial reaffirmed a “buy” rating and issued a $141.00 price objective (up from $129.00) on shares of Crown in a report on Wednesday, July 22nd. Jefferies Financial Group set a $121.00 price objective on shares of Crown in a research note on Wednesday, July 22nd. Finally, Weiss Ratings upgraded shares of Crown from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, August 5th. Eleven investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $128.20.

Insider Activity

In related news, CEO Timothy J. Donahue sold 15,000 shares of Crown 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 owned 436,070 shares of the company’s stock, valued at approximately $45,787,350. This trade represents a 3.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.90% of the stock is owned by company insiders.

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.