Caprock Group LLC Purchases New Position in Crown Holdings, Inc. $CCK

Caprock Group LLC acquired a new position in Crown Holdings, Inc. (NYSE:CCK) in the 3rd quarter, HoldingsChannel.com reports. The fund acquired 22,395 shares of the industrial products company’s stock, valued at approximately $2,226,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Harbor Capital Advisors Inc. lifted its position in shares of Crown by 103.1% during the third quarter. Harbor Capital Advisors Inc. now owns 264 shares of the industrial products company’s stock worth $25,000 after acquiring an additional 134 shares in the last quarter. Smartleaf Asset Management LLC raised its stake in shares of Crown by 105.0% during the 3rd quarter. Smartleaf Asset Management LLC now owns 289 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 148 shares during the period. Geneos Wealth Management Inc. raised its stake in shares of Crown by 45.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 111 shares during the period. Quent Capital LLC purchased a new stake in Crown during the 3rd quarter worth about $34,000. Finally, Root Financial Partners LLC bought a new position in Crown in the 3rd quarter worth about $37,000. Institutional investors own 90.93% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on CCK shares. Raymond James Financial reaffirmed an “outperform” rating and set a $115.00 target price (up previously from $110.00) on shares of Crown in a report on Wednesday, October 22nd. JPMorgan Chase & Co. cut shares of Crown from an “overweight” rating to a “neutral” rating and upped their price target for the stock from $112.00 to $155.00 in a report on Friday, February 6th. Wolfe Research set a $115.00 price objective on Crown in a research report on Friday, February 6th. Truist Financial restated a “buy” rating and set a $135.00 target price (up from $130.00) on shares of Crown in a research report on Friday, February 6th. Finally, Wells Fargo & Company raised their price target on Crown from $106.00 to $120.00 and gave the company an “equal weight” rating in a report on Friday, February 6th. Ten 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, the stock has a consensus rating of “Moderate Buy” and an average price target of $125.86.

Crown Stock Down 1.0%

CCK opened at $110.36 on Friday. The stock has a market cap of $12.73 billion, a PE ratio of 17.33, a P/E/G ratio of 1.30 and a beta of 0.73. The company has a quick ratio of 0.66, a current ratio of 1.03 and a debt-to-equity ratio of 1.55. Crown Holdings, Inc. has a 52 week low of $75.98 and a 52 week high of $115.85. The business’s fifty day simple moving average is $104.08 and its 200 day simple moving average is $99.53.

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

Insiders Place Their Bets

In other Crown news, CEO Timothy J. Donahue sold 29,024 shares of the business’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $105.00, for a total value of $3,047,520.00. Following the completion of the sale, the chief executive officer directly owned 411,556 shares of the company’s stock, valued at $43,213,380. The trade was a 6.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Djalma Novaes, Jr. sold 19,754 shares of the company’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $101.02, for a total transaction of $1,995,549.08. Following the sale, the chief operating officer owned 96,841 shares of the company’s stock, valued at approximately $9,782,877.82. The trade was a 16.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 64,754 shares of company stock worth $6,720,634. 0.90% of the stock is owned by corporate insiders.

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.