Fideuram Intesa Sanpaolo Private Banking S.P.A. Invests $3.86 Million in Crown Holdings, Inc. $CCK

Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in Crown Holdings, Inc. (NYSE:CCK) in the 4th quarter, HoldingsChannel.com reports. The firm bought 37,439 shares of the industrial products company’s stock, valued at approximately $3,855,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. OLD National Bancorp IN increased its stake in shares of Crown by 507.7% in the 4th quarter. OLD National Bancorp IN now owns 89,549 shares of the industrial products company’s stock valued at $9,221,000 after purchasing an additional 74,814 shares in the last quarter. AEGON ASSET MANAGEMENT UK Plc acquired a new stake in Crown in the third quarter valued at approximately $15,472,000. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund increased its position in shares of Crown by 235.5% in the third quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 25,500 shares of the industrial products company’s stock valued at $2,463,000 after buying an additional 17,900 shares in the last quarter. Nordea Investment Management AB raised its stake in shares of Crown by 2.2% during the 4th quarter. Nordea Investment Management AB now owns 1,666,360 shares of the industrial products company’s stock worth $171,668,000 after buying an additional 36,540 shares during the period. Finally, Thrivent Financial for Lutherans lifted its position in shares of Crown by 84.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 835,374 shares of the industrial products company’s stock valued at $80,689,000 after buying an additional 381,766 shares in the last quarter. 90.93% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Crown news, CEO Timothy J. Donahue sold 7,500 shares of the business’s stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $106.85, for a total transaction of $801,375.00. Following the transaction, the chief executive officer owned 451,070 shares of the company’s stock, valued at approximately $48,196,829.50. The trade was a 1.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 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 value 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 sold 44,734 shares of company stock valued at $5,002,338 over the last 90 days. Company insiders own 0.90% of the company’s stock.

Crown Price Performance

Crown stock opened at $97.39 on Thursday. The company has a fifty day simple moving average of $102.11 and a 200-day simple moving average of $103.19. The firm has a market capitalization of $10.88 billion, a price-to-earnings ratio of 15.51, a PEG ratio of 1.57 and a beta of 0.65. The company has a quick ratio of 0.70, a current ratio of 1.12 and a debt-to-equity ratio of 1.67. Crown Holdings, Inc. has a 52-week low of $89.21 and a 52-week high of $116.62.

Crown (NYSE:CCK) last posted its quarterly earnings results on Monday, April 27th. The industrial products company reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.75 by $0.11. Crown had a net margin of 5.65% and a return on equity of 26.62%. The firm had revenue of $3.26 billion for the quarter, compared to the consensus estimate of $3.03 billion. During the same period last year, the firm posted $1.67 earnings per share. The company’s revenue for the quarter was up 12.9% on a year-over-year basis. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q2 2026 guidance at 2.100-2.200 EPS. On average, equities analysts anticipate that Crown Holdings, Inc. will post 8.05 EPS for the current fiscal year.

Crown Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 28th. Stockholders of record on Thursday, May 14th will be issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Thursday, May 14th. Crown’s payout ratio is currently 22.29%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. JPMorgan Chase & Co. raised shares of Crown from a “neutral” rating to an “overweight” rating and set a $107.00 price target for the company in a report on Monday. Weiss Ratings reiterated a “buy (b)” rating on shares of Crown in a research report on Friday, March 27th. Bank of America cut their target price on shares of Crown from $131.00 to $126.00 and set a “buy” rating for the company in a research note on Monday, April 6th. Deutsche Bank Aktiengesellschaft started coverage on shares of Crown in a research report on Wednesday, April 1st. They set a “buy” rating and a $124.00 price target for the company. Finally, Royal Bank Of Canada lowered their price objective on Crown from $140.00 to $129.00 and set an “outperform” rating on the stock in a report on Friday, April 17th. Twelve research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $120.00.

Crown Company Profile

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.