Royal Bank Of Canada Forecasts Strong Price Appreciation for Crown (NYSE:CCK) Stock

Crown (NYSE:CCK) had its price objective increased by investment analysts at Royal Bank Of Canada from $120.00 to $140.00 in a research note issued on Monday, MarketBeat.com reports. The brokerage currently has an “outperform” rating on the industrial products company’s stock. Royal Bank Of Canada’s price objective would suggest a potential upside of 27.08% from the stock’s current price.

Other research analysts also recently issued reports about the company. Wolfe Research set a $115.00 price objective on Crown in a research note on Friday. Morgan Stanley restated an “overweight” rating on shares of Crown in a report on Friday. Wall Street Zen lowered shares of Crown from a “buy” rating to a “hold” rating in a report on Saturday. Truist Financial reissued a “buy” rating and set a $135.00 price target (up from $130.00) on shares of Crown in a research report on Friday. Finally, Raymond James Financial reaffirmed an “outperform” rating and set a $115.00 target price (up previously from $110.00) on shares of Crown in a research note on Wednesday, October 22nd. Ten equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $125.86.

Crown Trading Down 2.4%

Shares of NYSE CCK traded down $2.71 during trading on Monday, reaching $110.17. The company had a trading volume of 227,855 shares, compared to its average volume of 1,229,449. Crown has a 12 month low of $75.98 and a 12 month high of $115.85. The company has a quick ratio of 0.66, a current ratio of 1.03 and a debt-to-equity ratio of 1.55. The stock has a market cap of $12.71 billion, a P/E ratio of 17.30, a PEG ratio of 1.31 and a beta of 0.73. The company’s fifty day moving average price is $103.07 and its 200-day moving average price is $99.27.

Crown (NYSE:CCK) last announced its earnings results on Wednesday, February 4th. The industrial products company reported $1.74 EPS for the quarter, beating the consensus estimate of $1.69 by $0.05. The business had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $2.99 billion. Crown had a return on equity of 26.68% and a net margin of 5.97%.The firm’s revenue was up 7.7% on a year-over-year basis. During the same period in the prior year, the business posted $1.59 earnings per share. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q1 2026 guidance at 1.700-1.800 EPS. As a group, research analysts expect that Crown will post 6.96 earnings per share for the current year.

Insider Transactions at Crown

In other news, CEO Timothy J. Donahue sold 7,500 shares of the company’s stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of $105.00, for a total transaction of $787,500.00. Following the transaction, the chief executive officer owned 482,236 shares in the company, valued at $50,634,780. This represents a 1.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, COO Djalma Novaes, Jr. sold 19,754 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $101.02, for a total transaction of $1,995,549.08. Following the sale, the chief operating officer directly owned 96,841 shares in the company, valued at approximately $9,782,877.82. This represents a 16.94% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 64,754 shares of company stock worth $6,720,634. 0.90% of the stock is owned by corporate insiders.

Institutional Trading of Crown

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Catalyst Funds Management Pty Ltd purchased a new position in Crown in the fourth quarter valued at $1,040,000. Jefferies Financial Group Inc. lifted its holdings in shares of Crown by 38.0% in the 4th quarter. Jefferies Financial Group Inc. now owns 13,384 shares of the industrial products company’s stock valued at $1,378,000 after purchasing an additional 3,684 shares during the last quarter. MQS Management LLC purchased a new position in shares of Crown in the 4th quarter valued at approximately $504,000. Legato Capital Management LLC boosted its holdings in shares of Crown by 41.5% in the fourth quarter. Legato Capital Management LLC now owns 21,369 shares of the industrial products company’s stock valued at $2,200,000 after acquiring an additional 6,265 shares in the last quarter. Finally, LSV Asset Management raised its holdings in Crown by 542.2% during the fourth quarter. LSV Asset Management now owns 858,275 shares of the industrial products company’s stock worth $88,377,000 after purchasing an additional 724,620 shares in the last quarter. Institutional investors and hedge funds own 90.93% of the company’s stock.

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.