Crown Holdings, Inc. (NYSE:CCK) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Crown Holdings, Inc. (NYSE:CCK) have been assigned a consensus rating of “Moderate Buy” from the seventeen research firms that are covering the stock, MarketBeat reports. Six research analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 12 month target price among analysts that have covered the stock in the last year is $128.20.

CCK has been the subject of a number of research reports. UBS Group raised their target price on shares of Crown from $115.00 to $123.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 22nd. Mizuho raised their price objective on shares of Crown from $130.00 to $135.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 21st. Wells Fargo & Company boosted their price objective on Crown from $117.00 to $127.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 22nd. BMO Capital Markets increased their target price on Crown from $130.00 to $135.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 22nd. Finally, Bank of America upped their price objective on Crown from $129.00 to $145.00 and gave the company a “buy” rating in a report on Tuesday, July 14th.

Insider Activity

In related news, CEO Timothy J. Donahue sold 15,000 shares of the firm’s stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $105.00, for a total value of $1,575,000.00. Following the transaction, the chief executive officer owned 436,070 shares in the company, valued at approximately $45,787,350. This trade represents a 3.33% decrease in their ownership of the stock. 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. Company insiders own 0.90% of the company’s stock.

Institutional Investors Weigh In On Crown

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Public Employees Retirement System of Ohio acquired a new stake in Crown in the second quarter valued at about $3,860,000. Redwood Investment Management LLC acquired a new position in Crown during the 2nd quarter worth approximately $1,173,000. Foster & Motley Inc. bought a new position in Crown in the 2nd quarter valued at approximately $2,333,000. Trust Co. of Vermont acquired a new stake in Crown in the second quarter valued at approximately $2,435,000. Finally, Bank of New York Mellon Corp acquired a new stake in Crown in the second quarter valued at approximately $112,578,000. 90.93% of the stock is currently owned by institutional investors.

Crown Stock Down 2.2%

CCK stock opened at $116.36 on Tuesday. Crown has a 1-year low of $89.21 and a 1-year high of $122.91. The business’s 50 day simple moving average is $112.28 and its 200 day simple moving average is $106.96. The company has a current ratio of 1.05, a quick ratio of 0.65 and a debt-to-equity ratio of 1.63. The firm has a market capitalization of $12.66 billion, a PE ratio of 16.74, a PEG ratio of 1.67 and a beta of 0.59.

Crown (NYSE:CCK) last announced its quarterly earnings results on Monday, July 20th. The industrial products company reported $2.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.16 by $0.33. Crown had a return on equity of 27.33% and a net margin of 5.91%.The business had revenue of $3.67 billion during the quarter, compared to the consensus estimate of $3.37 billion. During the same quarter last year, the firm posted $2.15 EPS. The company’s quarterly revenue was up 16.5% on a year-over-year basis. Crown has set its Q3 2026 guidance at 2.200-2.30 EPS and its FY 2026 guidance at 8.300-8.50 EPS. As a group, research analysts anticipate that Crown will post 8.39 EPS for the current year.

Crown Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Thursday, August 6th will be paid a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, August 6th. Crown’s payout ratio is 20.14%.

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.