Crown Holdings, Inc. (NYSE:CCK) Given Consensus Recommendation of “Moderate Buy” by Analysts

Crown Holdings, Inc. (NYSE:CCKGet Free Report) has received a consensus recommendation of “Moderate Buy” from the seventeen ratings firms that are presently covering the firm, MarketBeat Ratings reports. Six analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 1-year target price among brokers that have covered the stock in the last year is $128.20.

Several equities analysts have issued reports on the company. Jefferies Financial Group set a $121.00 target price on Crown in a research note on Wednesday, July 22nd. Robert W. Baird upped their target price on Crown from $120.00 to $130.00 and gave the company a “neutral” rating in a research report on Wednesday, July 22nd. Weiss Ratings upgraded shares of Crown from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Crown in a research report on Wednesday, July 22nd. Finally, UBS Group upped their price objective on shares of Crown from $115.00 to $123.00 and gave the company a “neutral” rating in a report on Wednesday, July 22nd.

Read Our Latest Research Report on CCK

Crown Stock Performance

Shares of CCK stock opened at $112.67 on Friday. The company’s 50 day moving average is $116.62 and its 200 day moving average is $107.75. The company has a quick ratio of 0.65, a current ratio of 1.05 and a debt-to-equity ratio of 1.63. The firm has a market cap of $12.25 billion, a price-to-earnings ratio of 16.21, a PEG ratio of 1.58 and a beta of 0.58. Crown has a 52-week low of $89.21 and a 52-week high of $122.91.

Crown (NYSE:CCKGet Free Report) last announced 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. The business had revenue of $3.67 billion for the quarter, compared to analysts’ expectations of $3.37 billion. Crown had a return on equity of 27.33% and a net margin of 5.91%.The business’s revenue for the quarter was up 16.5% on a year-over-year basis. During the same quarter last year, the firm earned $2.15 EPS. 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, sell-side analysts anticipate that Crown will post 8.39 EPS for the current fiscal year.

Crown Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 20th. Investors of record on Thursday, August 6th were given a dividend of $0.35 per share. The ex-dividend date was Thursday, August 6th. This represents a $1.40 dividend on an annualized basis and a yield of 1.2%. Crown’s payout ratio is currently 20.14%.

Insiders Place Their Bets

In other Crown news, CEO Timothy Donahue sold 15,000 shares of the stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $105.00, for a total transaction of $1,575,000.00. Following the sale, the chief executive officer directly owned 436,070 shares of the company’s stock, valued at approximately $45,787,350. This trade represents a 3.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.90% of the company’s stock.

Institutional Trading of Crown

A number of hedge funds have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd acquired a new stake in Crown during the third quarter worth about $29,000. Community Bank N.A. acquired a new position in Crown in the second quarter valued at approximately $32,000. Geneos Wealth Management Inc. boosted its position in Crown by 45.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 111 shares in the last quarter. BOK Financial Private Wealth Inc. purchased a new stake in Crown in the 4th quarter worth approximately $42,000. Finally, Smartleaf Asset Management LLC grew its stake in shares of Crown by 52.2% during 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 during the period. Hedge funds and other institutional investors own 90.93% of the company’s stock.

Crown Company Profile

(Get Free Report)

Crown Holdings, Inc (NYSE: CCK) is a global packaging company that designs and manufactures metal packaging products for consumer goods and industrial customers. Its portfolio includes beverage cans, food cans, aerosol cans, metal closures, and other specialty packaging used for products such as beverages, food, household goods, personal care items, and industrial materials.

The company also provides transit packaging solutions, including equipment and materials used to protect and secure products during shipping.

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Analyst Recommendations for Crown (NYSE:CCK)

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