Crown Holdings, Inc. $CCK Shares Acquired by Russell Investments Group Ltd.

Russell Investments Group Ltd. increased its position in shares of Crown Holdings, Inc. (NYSE:CCK) by 12.4% in the 3rd quarter, HoldingsChannel reports. The firm owned 726,810 shares of the industrial products company’s stock after purchasing an additional 80,090 shares during the period. Russell Investments Group Ltd.’s holdings in Crown were worth $70,203,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in CCK. Harbor Capital Advisors Inc. increased its position in Crown by 103.1% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 264 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 134 shares during the period. Smartleaf Asset Management LLC lifted 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 valued at $28,000 after buying an additional 148 shares during the period. Geneos Wealth Management Inc. boosted its stake in shares of 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 buying an additional 111 shares in the last quarter. Quent Capital LLC purchased a new stake in shares of Crown in the third quarter valued at approximately $34,000. Finally, Root Financial Partners LLC acquired a new position in Crown during the third quarter worth $37,000. Hedge funds and other institutional investors own 90.93% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on CCK. Weiss Ratings reissued a “buy (b)” rating on shares of Crown in a report on Monday, December 29th. Royal Bank Of Canada upped their price target on shares of Crown from $120.00 to $140.00 and gave the stock an “outperform” rating in a research note on Monday, February 9th. JPMorgan Chase & Co. downgraded shares of Crown from an “overweight” rating to a “neutral” rating and increased their price target for the company from $112.00 to $155.00 in a report on Friday, February 6th. Wolfe Research set a $115.00 price objective on shares of Crown in a research note on Friday, February 6th. Finally, Wells Fargo & Company boosted their price objective on shares of Crown from $106.00 to $120.00 and gave the stock an “equal weight” rating in a report on Friday, February 6th. Eleven equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $125.86.

Crown Stock Performance

Shares of CCK stock opened at $105.19 on Wednesday. The stock has a fifty day moving average price of $108.15 and a 200 day moving average price of $101.00. 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 stock has a market cap of $11.91 billion, a PE ratio of 16.51, a P/E/G ratio of 1.23 and a beta of 0.70. Crown Holdings, Inc. has a 1 year low of $75.98 and a 1 year high of $116.62.

Crown (NYSE:CCK) last posted its earnings results on Wednesday, February 4th. The industrial products company reported $1.74 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.05. Crown had a return on equity of 26.68% and a net margin of 5.97%.The company had revenue of $3.13 billion for the quarter, compared to analyst estimates of $2.99 billion. During the same quarter in the prior year, the company earned $1.59 earnings per share. Crown’s revenue was up 7.7% compared to the same quarter last year. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q1 2026 guidance at 1.700-1.800 EPS. Sell-side analysts forecast that Crown Holdings, Inc. will post 6.96 earnings per share for the current fiscal year.

Crown Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Tuesday, March 17th. This is a positive change from Crown’s previous quarterly dividend of $0.26. Crown’s dividend payout ratio is currently 21.98%.

Insider Activity

In other news, COO Djalma Novaes, Jr. sold 29,734 shares of the stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $114.80, for a total value of $3,413,463.20. Following the sale, the chief operating officer directly 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. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Timothy J. Donahue sold 29,024 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $105.00, for a total transaction of $3,047,520.00. Following the transaction, the chief executive officer directly owned 411,556 shares of the company’s stock, valued at approximately $43,213,380. This trade represents a 6.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 101,988 shares of company stock valued at $10,964,122 over the last 90 days. 0.90% of the stock is currently owned by insiders.

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.