Voya Investment Management LLC grew its holdings in Crown Holdings, Inc. (NYSE:CCK – Free Report) by 51.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 292,434 shares of the industrial products company’s stock after purchasing an additional 99,381 shares during the quarter. Voya Investment Management LLC owned approximately 0.25% of Crown worth $28,246,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently modified their holdings of CCK. Northern Trust Corp lifted its stake in shares of Crown by 13.7% during the 1st quarter. Northern Trust Corp now owns 1,242,250 shares of the industrial products company’s stock worth $110,883,000 after purchasing an additional 149,339 shares during the last quarter. Vinva Investment Management Ltd lifted its position in shares of Crown by 152.9% during the second quarter. Vinva Investment Management Ltd now owns 194,348 shares of the industrial products company’s stock valued at $20,393,000 after buying an additional 117,494 shares during the last quarter. Greenland Capital Management LP bought a new stake in shares of Crown in the 2nd quarter valued at about $589,000. Inspire Investing LLC purchased a new position in shares of Crown in the 1st quarter worth approximately $762,000. Finally, Andra AP fonden raised its stake in shares of Crown by 52.6% during the 2nd quarter. Andra AP fonden now owns 20,900 shares of the industrial products company’s stock worth $2,152,000 after acquiring an additional 7,200 shares in the last quarter. 90.93% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
CCK has been the topic of several analyst reports. Wall Street Zen raised shares of Crown from a “hold” rating to a “buy” rating in a report on Sunday, October 26th. Citigroup lowered their price objective on Crown from $135.00 to $124.00 and set a “buy” rating for the company in a research report on Monday, September 29th. Truist Financial restated a “buy” rating and set a $126.00 target price (up from $118.00) on shares of Crown in a research note on Wednesday, October 22nd. Wells Fargo & Company increased their price target on Crown from $97.00 to $99.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 22nd. Finally, UBS Group reissued a “buy” rating and issued a $117.00 price target on shares of Crown in a report on Tuesday, October 21st. Twelve equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $118.08.
Insider Buying and Selling at Crown
In other Crown news, CEO Timothy J. Donahue sold 8,476 shares of the company’s stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $105.01, for a total value of $890,064.76. Following the sale, the chief executive officer directly owned 440,580 shares of the company’s stock, valued at approximately $46,265,305.80. This represents a 1.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Djalma Novaes, Jr. sold 19,754 shares of the stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $101.02, for a total value of $1,995,549.08. Following the sale, the chief operating officer directly owned 96,841 shares in the company, valued at $9,782,877.82. This represents a 16.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.90% of the stock is owned by corporate insiders.
Key Stores Impacting Crown
Here are the key news stories impacting Crown this week:
- Positive Sentiment: Analysts and fundamentals: recent coverage from MarketBeat and Zacks highlights Crown’s strong earnings/guidance, dividend and favorable analyst targets/ratings — signals that support valuation and upside. Crown Holdings (CCK) is a Top-Ranked Growth Stock: Should You Buy? Are Investors Undervaluing Crown Holdings (CCK) Right Now?
- Neutral Sentiment: Analytical pieces raising questions but not decisive news: articles exploring CCK’s value case and relative strength provide context for investors but don’t present new company-level catalysts. Is Crown Holdings (CCK) Still a Value Play If Demand Stays Tepid and Costs Keep Rising? Crown Holdings shows improved relative strength; still shy of benchmark
- Neutral Sentiment: Unrelated “Crown” items: corporate actions from other firms named Crown (Albion Crown VCT, Crown International) appear in feeds but do not affect Crown Holdings (CCK). Albion Crown VCT Raises £12.3m in Share Offer Crown International Calls EGM to Approve Major Rights Issue
- Negative Sentiment: Insider selling by senior management: COO Djalma Novaes, Jr. sold ~19,754 shares (~$2.0M) and CEO Timothy Donahue sold 8,476 shares (~$0.89M) this week — sizable disclosed sales that often weigh on investor sentiment and can add near-term selling pressure. Crown (NYSE:CCK) COO Sells $1,995,549.08 in Stock Timothy J. Donahue insider filings
- Negative Sentiment: Bearish retail/strategy coverage: a “3 reasons to sell CCK” piece adds negative narrative and may amplify short-term selling among retail investors. 3 reasons to sell CCK and 1 stock to buy instead
Crown Stock Performance
Shares of CCK stock opened at $102.10 on Monday. The business has a fifty day moving average of $97.20 and a 200 day moving average of $99.11. Crown Holdings, Inc. has a 1 year low of $75.98 and a 1 year high of $109.48. The company has a debt-to-equity ratio of 1.65, a current ratio of 1.16 and a quick ratio of 0.76. The firm has a market capitalization of $11.78 billion, a price-to-earnings ratio of 12.64, a price-to-earnings-growth ratio of 1.38 and a beta of 0.76.
Crown (NYSE:CCK – Get Free Report) last announced its quarterly earnings data on Monday, October 20th. The industrial products company reported $2.24 earnings per share for the quarter, beating analysts’ consensus estimates of $1.98 by $0.26. Crown had a return on equity of 26.86% and a net margin of 7.79%.The business had revenue of $3.20 billion for the quarter, compared to analyst estimates of $3.13 billion. During the same period in the prior year, the company earned $1.99 earnings per share. The company’s revenue was up 4.2% on a year-over-year basis. Crown has set its Q4 2025 guidance at 1.650-1.75 EPS and its FY 2025 guidance at 7.700-7.80 EPS. As a group, research analysts expect that Crown Holdings, Inc. will post 6.96 earnings per share for the current year.
Crown Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 20th. Shareholders of record on Thursday, November 6th were paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 1.0%. The ex-dividend date was Thursday, November 6th. Crown’s payout ratio is presently 12.87%.
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.
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