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

Crown Holdings, Inc. (NYSE:CCK) has earned a consensus rating of “Moderate Buy” from the seventeen analysts that are currently covering the company, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation and twelve have given a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $124.80.

A number of research firms have recently commented on CCK. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Crown in a research report on Wednesday, April 1st. They issued a “buy” rating and a $124.00 price target on the stock. JPMorgan Chase & Co. lowered shares of Crown from an “overweight” rating to a “neutral” rating and boosted their target price for the stock from $112.00 to $155.00 in a research report on Friday, February 6th. Citigroup dropped their target price on shares of Crown from $128.00 to $127.00 and set a “buy” rating on the stock in a research report on Monday. Mizuho boosted their target price on shares of Crown from $120.00 to $130.00 and gave the stock an “outperform” rating in a research report on Thursday, February 5th. Finally, Truist Financial reaffirmed a “buy” rating and set a $135.00 target price (up from $130.00) on shares of Crown in a research report on Friday, February 6th.

Insiders Place Their Bets

In related news, CEO Timothy J. Donahue sold 7,500 shares of the business’s stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $105.00, for a total transaction of $787,500.00. Following the transaction, the chief executive officer owned 458,570 shares of the company’s stock, valued at approximately $48,149,850. The trade was a 1.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Djalma Novaes, Jr. sold 29,734 shares of the business’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 transaction, the chief operating officer directly owned 88,052 shares in the company, valued at $10,108,369.60. This trade represents a 25.24% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 52,234 shares of company stock worth $5,818,488 in the last ninety days. 0.90% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Crown

Institutional investors have recently bought and sold shares of the business. Harbor Capital Advisors Inc. boosted its stake in Crown by 103.1% during the third quarter. Harbor Capital Advisors Inc. now owns 264 shares of the industrial products company’s stock worth $25,000 after buying an additional 134 shares in the last quarter. Smartleaf Asset Management LLC boosted its stake in Crown by 105.0% during the third 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 in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in Crown during the third quarter worth $29,000. ORG Partners LLC boosted its stake in Crown by 52.5% during the fourth quarter. ORG Partners LLC now owns 305 shares of the industrial products company’s stock worth $31,000 after buying an additional 105 shares in the last quarter. Finally, Geneos Wealth Management Inc. boosted its stake in Crown by 45.3% during the first quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock worth $32,000 after buying an additional 111 shares in the last quarter. Institutional investors and hedge funds own 90.93% of the company’s stock.

Crown Trading Down 0.6%

NYSE:CCK opened at $107.13 on Wednesday. Crown has a 12 month low of $83.23 and a 12 month high of $116.62. The firm has a market cap of $12.02 billion, a price-to-earnings ratio of 16.82, a P/E/G ratio of 1.77 and a beta of 0.75. The company has a quick ratio of 0.66, a current ratio of 1.03 and a debt-to-equity ratio of 1.55. The company’s 50 day moving average is $107.66 and its 200-day moving average is $102.23.

Crown (NYSE:CCK) last released its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $1.74 EPS for the quarter, beating analysts’ consensus estimates of $1.69 by $0.05. Crown had a net margin of 5.97% and a return on equity of 26.68%. The company had revenue of $3.13 billion for the quarter, compared to analyst estimates of $2.99 billion. During the same quarter last year, the firm posted $1.59 earnings per share. The company’s quarterly 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. Equities analysts anticipate that Crown will post 6.96 EPS for the current year.

Crown Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th were given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.3%. This is an increase from Crown’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Tuesday, March 17th. Crown’s payout ratio is presently 21.98%.

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.