Vanguard Group Inc. Cuts Position in Crown Holdings, Inc. $CCK

Vanguard Group Inc. lowered its position in Crown Holdings, Inc. (NYSE:CCK) by 0.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,592,377 shares of the industrial products company’s stock after selling 94,450 shares during the quarter. Vanguard Group Inc. owned approximately 0.10% of Crown worth $1,119,708,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of Crown in the 2nd quarter valued at approximately $184,046,000. JPMorgan Chase & Co. raised its stake in Crown by 226.7% in the third quarter. JPMorgan Chase & Co. now owns 1,474,038 shares of the industrial products company’s stock valued at $142,377,000 after buying an additional 1,022,789 shares in the last quarter. Invesco Ltd. lifted its holdings in Crown by 58.6% during the 2nd quarter. Invesco Ltd. now owns 2,727,276 shares of the industrial products company’s stock worth $280,855,000 after buying an additional 1,007,980 shares during the last quarter. Swedbank AB lifted its holdings in Crown by 60.8% during the 3rd quarter. Swedbank AB now owns 2,493,570 shares of the industrial products company’s stock worth $240,854,000 after buying an additional 943,045 shares during the last quarter. Finally, AQR Capital Management LLC boosted its position in shares of Crown by 43.3% during the 2nd quarter. AQR Capital Management LLC now owns 2,533,612 shares of the industrial products company’s stock worth $260,835,000 after acquiring an additional 765,136 shares in the last quarter. Institutional investors and hedge funds own 90.93% of the company’s stock.

Insider Transactions at Crown

In other news, CEO Timothy J. Donahue sold 7,500 shares of the company’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $110.67, for a total value of $830,025.00. Following the completion of the sale, the chief executive officer directly owned 474,736 shares of the company’s stock, valued at approximately $52,539,033.12. This represents a 1.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Djalma Novaes, Jr. sold 19,754 shares of the firm’s 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 transaction, 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. Insiders sold 72,254 shares of company stock valued at $7,550,659 over the last ninety days. Corporate insiders own 0.90% of the company’s stock.

Crown Price Performance

CCK stock opened at $114.80 on Friday. The company has a current ratio of 1.03, a quick ratio of 0.66 and a debt-to-equity ratio of 1.55. The company has a market capitalization of $13.24 billion, a P/E ratio of 18.02, a PEG ratio of 1.34 and a beta of 0.73. The business has a 50 day simple moving average of $106.03 and a 200-day simple moving average of $100.08. Crown Holdings, Inc. has a twelve month low of $75.98 and a twelve month high of $115.85.

Crown (NYSE:CCK) last announced its earnings results on Wednesday, February 4th. The industrial products company reported $1.74 EPS for the quarter, beating analysts’ consensus estimates 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 net margin of 5.97% and a return on equity of 26.68%. The company’s quarterly revenue was up 7.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.59 EPS. 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 Holdings, Inc. will post 6.96 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on CCK shares. Mizuho raised their target price on Crown from $120.00 to $130.00 and gave the stock an “outperform” rating in a research report on Thursday, February 5th. Truist Financial reiterated a “buy” rating and issued a $135.00 price target (up from $130.00) on shares of Crown in a research note on Friday, February 6th. Wolfe Research set a $115.00 price objective on shares of Crown in a research report on Friday, February 6th. JPMorgan Chase & Co. cut shares of Crown from an “overweight” rating to a “neutral” rating and upped their target price for the company from $112.00 to $155.00 in a report on Friday, February 6th. Finally, UBS Group set a $126.00 target price on shares of Crown and gave the company a “neutral” rating in a research report on Monday, February 9th. Ten investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $125.86.

About Crown

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.