Crown Holdings, Inc. (NYSE:CCK) Stock Has Average Target Price of $127.73

Crown Holdings, Inc. (NYSE:CCK) has received a consensus rating of “Moderate Buy” from the seventeen research firms that are currently covering the stock, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and twelve have assigned a buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $127.73.

Several equities analysts have recently issued reports on CCK shares. Raymond James Financial upped their price target on Crown from $125.00 to $135.00 and gave the company an “outperform” rating in a research note on Wednesday, July 15th. UBS Group lowered their price objective on Crown from $123.00 to $116.00 and set a “neutral” rating for the company in a research report on Monday, October 5th. Bank of America lifted their price objective on Crown from $129.00 to $145.00 and gave the stock a “buy” rating in a research report on Tuesday, July 14th. Wells Fargo & Company boosted their price objective on Crown from $117.00 to $127.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 22nd. Finally, Robert W. Baird boosted their price objective on Crown from $120.00 to $130.00 and gave the stock a “neutral” rating in a report on Wednesday, July 22nd.

Crown Stock Performance

CCK stock opened at $108.20 on Wednesday. The company has a 50 day moving average price of $114.02 and a 200 day moving average price of $107.82. Crown has a fifty-two week low of $89.21 and a fifty-two week high of $122.91. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.05 and a quick ratio of 0.65. The stock has a market capitalization of $11.77 billion, a PE ratio of 15.57, a price-to-earnings-growth ratio of 1.46 and a beta of 0.56.

Crown (NYSE:CCK) last announced its quarterly earnings data on Monday, July 20th. The industrial products company reported $2.49 EPS for the quarter, beating analysts’ consensus estimates of $2.16 by $0.33. The firm had revenue of $3.67 billion for the quarter, compared to analyst estimates of $3.37 billion. Crown had a return on equity of 27.33% and a net margin of 5.91%. The business’s quarterly revenue was up 16.5% compared to the same quarter last year. During the same period last year, the company earned $2.15 EPS. Crown has set its Q3 2026 guidance at 2.200-2.30 EPS and its FY 2026 guidance at 8.300-8.50 EPS. Analysts forecast that Crown will post 8.39 EPS for the current 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 paid a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Thursday, August 6th. Crown’s dividend payout ratio (DPR) is 20.14%.

Institutional Investors Weigh In On Crown

A number of institutional investors and hedge funds have recently modified their holdings of the business. Dimensional Fund Advisors LP increased its holdings in Crown by 1.7% during the first quarter. Dimensional Fund Advisors LP now owns 1,977,123 shares of the industrial products company’s stock worth $198,186,000 after buying an additional 32,112 shares during the last quarter. Quantinno Capital Management LP lifted its stake in Crown by 19.3% in the first quarter. Quantinno Capital Management LP now owns 1,156,902 shares of the industrial products company’s stock valued at $115,979,000 after acquiring an additional 186,849 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in Crown in the second quarter valued at $112,578,000. Nykredit A S acquired a new stake in Crown in the second quarter valued at $99,537,000. Finally, Assenagon Asset Management S.A. bought a new position in shares of Crown in the 2nd quarter valued at about $60,275,000. 90.93% of the stock is owned by institutional investors.

About Crown

Crown Holdings, Inc (NYSE: CCK) is a global manufacturer of packaging products. The company primarily produces metal beverage cans and ends, food cans, aerosol cans, and metal closures used for beverages, food, household products, personal care items, and other consumer goods.

Crown also provides transit packaging solutions, including protective packaging systems and materials used to secure and transport industrial and consumer products. Its customers include beverage, food, household products, personal care, and industrial companies.

The company traces its history to 1892, when it was founded as Crown Cork & Seal Company following the development of the crown cork bottle closure.