Fjarde AP Fonden Fourth Swedish National Pension Fund Has $8.75 Million Stake in Crown Holdings, Inc. $CCK

Fjarde AP Fonden Fourth Swedish National Pension Fund trimmed its stake in shares of Crown Holdings, Inc. (NYSE:CCK) by 41.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 85,000 shares of the industrial products company’s stock after selling 61,300 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Crown were worth $8,752,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. Root Financial Partners LLC lifted its position 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 worth $49,000 after purchasing an additional 91 shares in the last quarter. Parallel Advisors LLC lifted its position in shares of Crown by 12.5% during the fourth quarter. Parallel Advisors LLC now owns 934 shares of the industrial products company’s stock worth $96,000 after purchasing an additional 104 shares in the last quarter. ORG Partners LLC lifted its position in shares of Crown by 52.5% during the fourth quarter. ORG Partners LLC now owns 305 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 105 shares in the last quarter. Geneos Wealth Management Inc. lifted its position 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 worth $32,000 after purchasing an additional 111 shares in the last quarter. Finally, Siemens Fonds Invest GmbH lifted its position in shares of Crown by 7.7% during the third quarter. Siemens Fonds Invest GmbH now owns 1,626 shares of the industrial products company’s stock worth $157,000 after purchasing an additional 116 shares in the last quarter. 90.93% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on CCK shares. Wells Fargo & Company reduced their target price on shares of Crown from $111.00 to $109.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 14th. Weiss Ratings restated a “buy (b)” rating on shares of Crown in a report on Friday, March 27th. Citigroup increased their price objective on shares of Crown from $127.00 to $129.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Royal Bank Of Canada cut their price objective on shares of Crown from $140.00 to $129.00 and set an “outperform” rating on the stock in a report on Friday, April 17th. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of Crown in a report on Wednesday, April 1st. They issued a “buy” rating and a $124.00 price objective on the stock. Twelve analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $120.00.

Crown Stock Down 0.1%

Shares of NYSE:CCK opened at $93.33 on Monday. Crown Holdings, Inc. has a 52 week low of $89.21 and a 52 week high of $116.62. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.70 and a current ratio of 1.12. The company has a market capitalization of $10.43 billion, a PE ratio of 14.86, a PEG ratio of 1.54 and a beta of 0.63. The company has a 50 day moving average price of $100.37 and a two-hundred day moving average price of $103.02.

Crown (NYSE:CCK) last issued its earnings results on Monday, April 27th. The industrial products company reported $1.86 EPS for the quarter, beating the consensus estimate of $1.75 by $0.11. Crown had a net margin of 5.65% and a return on equity of 26.62%. The firm had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $3.03 billion. During the same quarter in the prior year, the firm earned $1.67 earnings per share. The business’s quarterly revenue was up 12.9% on a year-over-year basis. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q2 2026 guidance at 2.100-2.200 EPS. Analysts forecast that Crown Holdings, Inc. will post 8.05 earnings per share for the current year.

Crown Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, May 28th. Investors of record on Thursday, May 14th were paid a $0.35 dividend. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $1.40 dividend on an annualized basis and a yield of 1.5%. Crown’s dividend payout ratio is presently 22.29%.

Insiders Place Their Bets

In related news, CEO Timothy J. Donahue sold 7,500 shares of the company’s stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $106.85, for a total value of $801,375.00. Following the completion of the transaction, the chief executive officer directly owned 451,070 shares of the company’s stock, valued at approximately $48,196,829.50. This represents a 1.64% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.90% of the company’s stock.

Crown 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.