J. Safra Sarasin Holding AG Sells 40,135 Shares of Crown Holdings, Inc. $CCK

J. Safra Sarasin Holding AG cut its stake in Crown Holdings, Inc. (NYSE:CCK) by 88.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,000 shares of the industrial products company’s stock after selling 40,135 shares during the period. J. Safra Sarasin Holding AG’s holdings in Crown were worth $515,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of CCK. Hennessy Advisors Inc. bought a new position in shares of Crown during the third quarter valued at $43,417,000. CWM LLC grew its holdings in shares of Crown by 73.3% in the 3rd quarter. CWM LLC now owns 72,075 shares of the industrial products company’s stock worth $6,962,000 after purchasing an additional 30,488 shares during the last quarter. AEGON ASSET MANAGEMENT UK Plc acquired a new stake in shares of Crown during the 3rd quarter worth about $15,472,000. Nordea Investment Management AB increased its position in shares of Crown by 2.2% during the 4th quarter. Nordea Investment Management AB now owns 1,666,360 shares of the industrial products company’s stock worth $171,668,000 after purchasing an additional 36,540 shares in the last quarter. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund lifted its holdings in Crown by 235.5% during the 3rd quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 25,500 shares of the industrial products company’s stock valued at $2,463,000 after purchasing an additional 17,900 shares during the last quarter. Institutional investors and hedge funds own 90.93% of the company’s stock.

Crown Price Performance

Shares of CCK stock opened at $102.84 on Friday. The stock has a 50-day moving average price of $107.67 and a 200 day moving average price of $101.57. 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 firm has a market cap of $11.54 billion, a price-to-earnings ratio of 16.14, a PEG ratio of 1.22 and a beta of 0.75. Crown Holdings, Inc. has a 12 month low of $75.98 and a 12 month high of $116.62.

Crown (NYSE:CCK) last released its earnings results on Wednesday, February 4th. The industrial products company reported $1.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.69 by $0.05. The company had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $2.99 billion. Crown had a net margin of 5.97% and a return on equity of 26.68%. The company’s revenue was up 7.7% compared to the same quarter last year. During the same period in the prior 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. Research analysts expect that Crown Holdings, Inc. will post 6.96 EPS for the current year.

Crown Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th were issued a $0.35 dividend. This is an increase from Crown’s previous quarterly dividend of $0.26. This represents a $1.40 annualized dividend and a yield of 1.4%. The ex-dividend date was Tuesday, March 17th. Crown’s dividend payout ratio (DPR) is currently 21.98%.

Analyst Upgrades and Downgrades

CCK has been the topic of several research analyst reports. Morgan Stanley reaffirmed an “overweight” rating on shares of Crown in a research note on Friday, February 6th. Truist Financial reissued a “buy” rating and issued a $135.00 target price (up from $130.00) on shares of Crown in a report on Friday, February 6th. Wolfe Research set a $115.00 price target on Crown in a research report on Friday, February 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Crown in a report on Friday, March 27th. Finally, Royal Bank Of Canada lifted their price objective on Crown from $120.00 to $140.00 and gave the company an “outperform” rating in a research report on Monday, February 9th. Twelve research 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.com, the company has an average rating of “Moderate Buy” and an average target price of $125.13.

Insider Buying and Selling

In other news, CEO Timothy J. Donahue sold 29,024 shares of the stock in a transaction on Monday, January 5th. The stock was sold at an average price of $105.00, for a total value of $3,047,520.00. Following the transaction, the chief executive officer owned 411,556 shares of the company’s stock, valued at $43,213,380. This represents a 6.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Djalma Novaes, Jr. sold 29,734 shares of the firm’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $114.80, for a total value of $3,413,463.20. Following the completion of the transaction, the chief operating officer owned 88,052 shares in the company, valued at $10,108,369.60. This represents a 25.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 73,758 shares of company stock worth $8,078,508. Insiders own 0.90% 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.