Crown (NYSE:CCK) Posts Earnings Results, Beats Estimates By $0.05 EPS

Crown (NYSE:CCKGet Free Report) released its quarterly earnings results on Wednesday. The industrial products company reported $1.74 earnings per share for the quarter, topping the consensus estimate of $1.69 by $0.05, FiscalAI reports. The firm had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $2.99 billion. Crown had a net margin of 7.79% and a return on equity of 26.86%. The business’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.59 earnings per share. Crown updated its FY 2026 guidance to 7.900-8.300 EPS and its Q1 2026 guidance to 1.700-1.800 EPS.

Crown Trading Up 3.3%

Shares of CCK opened at $115.24 on Thursday. Crown has a fifty-two week low of $75.98 and a fifty-two week high of $115.72. The firm has a market cap of $13.29 billion, a price-to-earnings ratio of 14.26, a PEG ratio of 1.29 and a beta of 0.73. The firm has a 50 day moving average price of $102.40 and a 200-day moving average price of $99.19. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.76 and a current ratio of 1.16.

Crown News Roundup

Here are the key news stories impacting Crown this week:

Insiders Place Their Bets

In other Crown news, CEO Timothy J. Donahue sold 29,024 shares of the business’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $105.00, for a total value of $3,047,520.00. Following the completion of the sale, the chief executive officer directly owned 411,556 shares of the company’s stock, valued at $43,213,380. The trade was a 6.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Djalma Novaes, Jr. sold 19,754 shares of the company’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $101.02, for a total transaction of $1,995,549.08. Following the sale, the chief operating officer owned 96,841 shares of the company’s stock, valued at approximately $9,782,877.82. The trade was a 16.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 64,754 shares of company stock worth $6,720,634. 0.90% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Crown

Several institutional investors and hedge funds have recently bought and sold shares of CCK. Geneos Wealth Management Inc. boosted its stake in shares of Crown by 45.3% during the first quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 111 shares during the period. Siemens Fonds Invest GmbH raised its holdings in Crown by 7.7% during the 3rd quarter. Siemens Fonds Invest GmbH now owns 1,626 shares of the industrial products company’s stock valued at $157,000 after buying an additional 116 shares during the last quarter. Evergreen Capital Management LLC raised its holdings in Crown by 5.2% during the 2nd quarter. Evergreen Capital Management LLC now owns 3,345 shares of the industrial products company’s stock valued at $344,000 after buying an additional 164 shares during the last quarter. Fiduciary Trust Co boosted its position in Crown by 1.1% during the 3rd quarter. Fiduciary Trust Co now owns 15,922 shares of the industrial products company’s stock valued at $1,538,000 after buying an additional 177 shares during the period. Finally, Vise Technologies Inc. grew its holdings in Crown by 12.5% in the 3rd quarter. Vise Technologies Inc. now owns 2,487 shares of the industrial products company’s stock worth $240,000 after acquiring an additional 276 shares during the last quarter. 90.93% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have weighed in on CCK. Wall Street Zen raised Crown from a “hold” rating to a “buy” rating in a report on Sunday, January 18th. Truist Financial upped their price objective on shares of Crown from $126.00 to $130.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. UBS Group raised their target price on shares of Crown from $125.00 to $126.00 and gave the company a “buy” rating in a research note on Monday, January 12th. Mizuho boosted their price target on shares of Crown from $116.00 to $120.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 21st. Finally, Wells Fargo & Company increased their price target on shares of Crown from $99.00 to $106.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 6th. Twelve research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Crown has a consensus rating of “Moderate Buy” and an average price target of $119.62.

Get Our Latest Analysis on CCK

About Crown

(Get Free Report)

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.

See Also

Earnings History for Crown (NYSE:CCK)

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