Crown (NYSE:CCK) Reaches New 12-Month High After Analyst Upgrade

Crown Holdings, Inc. (NYSE:CCK)’s share price hit a new 52-week high during trading on Wednesday after Wells Fargo & Company raised their price target on the stock from $117.00 to $127.00. Wells Fargo & Company currently has an equal weight rating on the stock. Crown traded as high as $121.76 and last traded at $118.0010, with a volume of 2971236 shares trading hands. The stock had previously closed at $114.58.

Several other research firms have also commented on CCK. UBS Group boosted their price target on Crown from $115.00 to $123.00 and gave the stock a “neutral” rating in a research report on Wednesday. BMO Capital Markets lifted their target price on Crown from $130.00 to $135.00 and gave the company an “outperform” rating in a research note on Wednesday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Crown in a report on Wednesday. Bank of America increased their price target on shares of Crown from $129.00 to $145.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th. Finally, Mizuho raised their price target on shares of Crown from $130.00 to $135.00 and gave the company an “outperform” rating in a report on Tuesday. Eleven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $127.93.

Insider Buying and Selling at Crown

In related news, CEO Timothy J. Donahue sold 15,000 shares of the firm’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $105.00, for a total transaction of $1,575,000.00. Following the completion of the transaction, the chief executive officer owned 436,070 shares of the company’s stock, valued at $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 SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.90% of the stock is owned by insiders.

Key Stories Impacting Crown

Here are the key news stories impacting Crown this week:

• Positive Sentiment: Crown Holdings reported Q2 earnings above expectations and lifted its 2026 guidance, signaling stronger demand and better profitability ahead. CCK Q2 Earnings Beat on Strong Beverage Can Volumes, ’26 View Raised
• Positive Sentiment: Analysts at Truist, Wells Fargo, Robert W. Baird, and Mizuho all raised price targets, reflecting confidence in Crown Holdings’ earnings outlook and valuation. Analyst price target changes
• Neutral Sentiment: JPMorgan downgraded the stock to neutral, but still increased its price target, suggesting the company’s fundamentals remain solid even if upside may be more limited from here. JPMorgan downgrade and target increase
• Neutral Sentiment: Seeking Alpha and earnings-call coverage highlighted a cautiously upbeat tone from management, with investors watching how growth and cash flow trends develop after the strong quarter. CCK Q2 2026 Earnings Call Transcript
• Negative Sentiment: Some commentary argues Crown Holdings has healthy earnings momentum but limited further upside, which could temper enthusiasm after the recent run-up. Crown Holdings: Healthy Earnings Outlook, Yet Limited Upside Ahead

Hedge Funds Weigh In On Crown

Institutional investors have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Crown in the third quarter worth about $29,000. ORG Partners LLC raised its position in Crown by 52.5% during the fourth quarter. ORG Partners LLC now owns 305 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 105 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings 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 period. BOK Financial Private Wealth Inc. purchased a new stake in Crown in the 4th quarter worth approximately $42,000. Finally, Smartleaf Asset Management LLC boosted its position in Crown by 52.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 440 shares of the industrial products company’s stock worth $46,000 after purchasing an additional 151 shares in the last quarter. Hedge funds and other institutional investors own 90.93% of the company’s stock.

Crown Stock Down 1.4%

The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.70 and a current ratio of 1.05. The firm has a market cap of $13.00 billion, a price-to-earnings ratio of 16.74, a PEG ratio of 1.88 and a beta of 0.60. The business’s 50 day moving average price is $103.86 and its 200 day moving average price is $105.00.

Crown (NYSE:CCK) last posted its 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 net margin of 5.91% and a return on equity of 27.33%. The firm had revenue of $3.67 billion during the quarter, compared to analysts’ expectations of $3.37 billion. During the same period in the previous year, the business posted $2.15 EPS. The business’s revenue was up 16.5% compared to the same quarter last year. Crown has set its Q3 2026 guidance at 2.200-2.30 EPS and its FY 2026 guidance at 8.300-8.50 EPS. On average, equities analysts forecast that Crown Holdings, Inc. will post 8.45 EPS for the current year.

Crown Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were given a $0.35 dividend. The ex-dividend date was Thursday, May 14th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.2%. Crown’s dividend 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.