Crown (NYSE:CCK) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Crown (NYSE:CCK) from a hold rating to a buy rating in a report published on Sunday.

Several other brokerages have also weighed in on CCK. Royal Bank Of Canada raised their price objective on shares of Crown from $120.00 to $140.00 and gave the stock an “outperform” rating in a report on Monday, February 9th. Mizuho lifted their price target on Crown from $120.00 to $130.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. Wells Fargo & Company upped their price objective on Crown from $106.00 to $120.00 and gave the company an “equal weight” rating in a research note on Friday, February 6th. Truist Financial reaffirmed a “buy” rating and set a $135.00 target price (up previously from $130.00) on shares of Crown in a report on Friday, February 6th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Crown in a report on Friday, February 6th. Ten research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $125.86.

Crown Stock Down 0.5%

Shares of NYSE CCK opened at $110.23 on Friday. The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.66 and a current ratio of 1.03. Crown has a 1 year low of $75.98 and a 1 year high of $115.85. The stock’s 50-day simple moving average is $104.95 and its 200-day simple moving average is $99.76. The firm has a market cap of $12.72 billion, a price-to-earnings ratio of 17.30, a PEG ratio of 1.29 and a beta of 0.73.

Crown (NYSE:CCK) last issued its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $1.74 earnings per share for the quarter, beating analysts’ consensus estimates of $1.69 by $0.05. Crown had a return on equity of 26.68% and a net margin of 5.97%.The firm had revenue of $3.13 billion during the quarter, compared to analyst estimates of $2.99 billion. During the same quarter last year, the firm earned $1.59 EPS. Crown’s quarterly revenue was up 7.7% on a year-over-year basis. 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, equities analysts anticipate that Crown will post 6.96 earnings per share for the current fiscal year.

Insider Transactions at Crown

In other news, CEO Timothy J. Donahue sold 7,500 shares of Crown stock in a transaction that occurred on Thursday, January 29th. The stock was sold at an average price of $105.00, for a total transaction of $787,500.00. Following the sale, the chief executive officer owned 482,236 shares of the company’s stock, valued at approximately $50,634,780. The trade was a 1.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 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 value of $1,995,549.08. Following the transaction, the chief operating officer owned 96,841 shares of the company’s stock, valued at approximately $9,782,877.82. This represents a 16.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 64,754 shares of company stock worth $6,720,634. Corporate insiders own 0.90% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Root Financial Partners LLC increased its holdings in shares of Crown by 23.8% during the fourth quarter. Root Financial Partners LLC now owns 473 shares of the industrial products company’s stock valued at $49,000 after purchasing an additional 91 shares during the period. Parallel Advisors LLC raised its position in shares of Crown by 12.5% during the 4th quarter. Parallel Advisors LLC now owns 934 shares of the industrial products company’s stock worth $96,000 after buying an additional 104 shares in the last quarter. ORG Partners LLC lifted its stake in shares of Crown by 52.5% in the 4th quarter. ORG Partners LLC now owns 305 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 105 shares during the period. Geneos Wealth Management Inc. boosted its holdings in shares of Crown by 45.3% in the first quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 111 shares in the last quarter. Finally, ProShare Advisors LLC increased its stake in shares of Crown by 2.3% during the second quarter. ProShare Advisors LLC now owns 5,101 shares of the industrial products company’s stock valued at $525,000 after acquiring an additional 113 shares during the period. 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.