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

Crown Holdings, Inc. (NYSE:CCK) has been assigned an average rating of “Moderate Buy” from the sixteen brokerages that are covering the company, MarketBeat reports. Five analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $125.2143.

CCK has been the topic of several analyst reports. Morgan Stanley reiterated an “overweight” rating on shares of Crown in a research report on Friday, February 6th. Wall Street Zen raised Crown from a “hold” rating to a “buy” rating in a research note on Tuesday, March 3rd. Royal Bank Of Canada lifted their price objective on Crown from $120.00 to $140.00 and gave the company an “outperform” rating in a research report on Monday, February 9th. Wolfe Research set a $115.00 target price on shares of Crown in a report on Friday, February 6th. Finally, UBS Group set a $126.00 target price on shares of Crown and gave the stock a “neutral” rating in a research note on Monday, February 9th.

Crown Stock Down 2.6%

Shares of CCK stock opened at $98.40 on Friday. The company has a current ratio of 1.03, a quick ratio of 0.66 and a debt-to-equity ratio of 1.55. Crown has a 12 month low of $75.98 and a 12 month high of $116.62. The stock has a market cap of $11.14 billion, a P/E ratio of 15.45, a P/E/G ratio of 1.18 and a beta of 0.70. The company has a 50 day simple moving average of $108.09 and a two-hundred day simple moving average of $101.16.

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

Crown Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders 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 dividend yield of 1.4%. This is a boost from Crown’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend is Tuesday, March 17th. Crown’s dividend payout ratio is currently 21.98%.

Insiders Place Their Bets

In related news, CEO Timothy J. Donahue sold 29,024 shares of Crown stock in a transaction on Monday, January 5th. The shares were sold at an average price of $105.00, for a total transaction of $3,047,520.00. Following the transaction, the chief executive officer owned 411,556 shares in the company, valued at approximately $43,213,380. The trade was a 6.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Djalma Novaes, Jr. sold 29,734 shares of the company’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $114.80, for a total transaction of $3,413,463.20. Following the completion of the transaction, the chief operating officer directly owned 88,052 shares of the company’s stock, valued at $10,108,369.60. This represents a 25.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 73,758 shares of company stock worth $8,078,508. 0.90% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Crown

Hedge funds have recently made changes to their positions in the business. State Street Corp grew its position in shares of Crown by 2.1% during the third quarter. State Street Corp now owns 4,514,736 shares of the industrial products company’s stock worth $436,078,000 after purchasing an additional 93,045 shares in the last quarter. AQR Capital Management LLC lifted its holdings in Crown by 19.3% in the 4th quarter. AQR Capital Management LLC now owns 4,137,962 shares of the industrial products company’s stock worth $426,086,000 after purchasing an additional 670,412 shares in the last quarter. Invesco Ltd. boosted its stake in Crown by 33.6% in the 4th quarter. Invesco Ltd. now owns 3,526,983 shares of the industrial products company’s stock worth $363,173,000 after purchasing an additional 886,471 shares during the period. Franklin Resources Inc. boosted its stake in Crown by 5.3% in the 3rd quarter. Franklin Resources Inc. now owns 2,979,842 shares of the industrial products company’s stock worth $287,823,000 after purchasing an additional 149,700 shares during the period. Finally, Swedbank AB grew its holdings in Crown by 1.9% during the 4th quarter. Swedbank AB now owns 2,541,183 shares of the industrial products company’s stock valued at $261,666,000 after buying an additional 47,613 shares in the last quarter. Institutional investors own 90.93% of the company’s stock.

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.