Crown (NYSE:CCK) Downgraded by Wall Street Zen to “Hold”

Wall Street Zen downgraded shares of Crown (NYSE:CCKFree Report) from a buy rating to a hold rating in a research report report published on Monday morning.

CCK has been the topic of several other research reports. Royal Bank Of Canada boosted their price objective on Crown from $120.00 to $140.00 and gave the stock an “outperform” rating in a report on Monday, February 9th. UBS Group set a $126.00 price target on Crown and gave the company a “neutral” rating in a research note on Monday, February 9th. JPMorgan Chase & Co. cut shares of Crown from an “overweight” rating to a “neutral” rating and boosted their price objective for the company from $112.00 to $155.00 in a research report on Friday, February 6th. Mizuho boosted their price target on Crown from $120.00 to $130.00 and gave the stock an “outperform” rating in a research report on Thursday, February 5th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Crown in a research report on Friday, February 6th. Eleven equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $125.86.

Read Our Latest Analysis on Crown

Crown Price Performance

Shares of NYSE:CCK opened at $115.01 on Monday. The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.66 and a current ratio of 1.03. The firm has a market cap of $13.27 billion, a price-to-earnings ratio of 18.05, a P/E/G ratio of 1.34 and a beta of 0.73. The firm has a fifty day moving average price of $106.31 and a 200 day moving average price of $100.19. Crown has a fifty-two week low of $75.98 and a fifty-two week high of $115.85.

Crown (NYSE:CCKGet Free Report) last issued its quarterly 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 business had revenue of $3.13 billion for the quarter, compared to analyst estimates of $2.99 billion. Crown had a net margin of 5.97% and a return on equity of 26.68%. Crown’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the business 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, sell-side analysts expect that Crown will post 6.96 earnings per share for the current fiscal year.

Insider Activity

In other news, CEO Timothy J. Donahue sold 7,500 shares of the stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $110.67, for a total transaction of $830,025.00. Following the completion of the transaction, the chief executive officer directly owned 474,736 shares in the company, valued at $52,539,033.12. This represents a 1.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Djalma Novaes, Jr. sold 19,754 shares of the 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 completion of 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 ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 72,254 shares of company stock worth $7,550,659. 0.90% of the stock is owned by company insiders.

Institutional Trading of Crown

A number of large investors have recently bought and sold shares of CCK. Harbor Capital Advisors Inc. boosted its position in shares of Crown by 103.1% in the third quarter. Harbor Capital Advisors Inc. now owns 264 shares of the industrial products company’s stock valued at $25,000 after acquiring an additional 134 shares during the period. Smartleaf Asset Management LLC increased its holdings in shares of Crown by 105.0% in the 3rd quarter. Smartleaf Asset Management LLC now owns 289 shares of the industrial products company’s stock worth $28,000 after buying an additional 148 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Crown during the 3rd quarter valued at $29,000. ORG Partners LLC grew its position in Crown by 52.5% in the fourth quarter. ORG Partners LLC now owns 305 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 105 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its stake in Crown by 45.3% in the first quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 111 shares during the last quarter. 90.93% of the stock is currently owned by institutional investors and hedge funds.

About Crown

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Crown (NYSE:CCK)

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