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

Crown Holdings, Inc. (NYSE:CCK) has received a consensus rating of “Moderate Buy” from the seventeen analysts that are currently covering the firm, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold recommendation and twelve have given a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $120.00.

A number of brokerages recently weighed in on CCK. Jefferies Financial Group reaffirmed a “buy” rating on shares of Crown in a research note on Monday, February 23rd. Wells Fargo & Company lowered their target price on shares of Crown from $111.00 to $109.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 14th. Citigroup raised their target price on shares of Crown from $127.00 to $129.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. JPMorgan Chase & Co. raised shares of Crown from a “neutral” rating to an “overweight” rating and set a $107.00 target price on the stock in a research note on Monday, May 18th. Finally, UBS Group lowered their target price on shares of Crown from $120.00 to $112.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 29th.

Insider Buying and Selling

In other Crown news, CEO Timothy J. Donahue sold 7,500 shares of the stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $106.85, for a total transaction of $801,375.00. Following the transaction, the chief executive officer directly owned 451,070 shares in the company, valued at $48,196,829.50. This trade represents a 1.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, 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.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. NewEdge Advisors LLC grew its position in Crown by 14.7% during the first quarter. NewEdge Advisors LLC now owns 15,304 shares of the industrial products company’s stock valued at $1,534,000 after acquiring an additional 1,959 shares during the last quarter. Edgestream Partners L.P. grew its position in Crown by 187.6% during the first quarter. Edgestream Partners L.P. now owns 26,806 shares of the industrial products company’s stock valued at $2,687,000 after acquiring an additional 17,487 shares during the last quarter. Bull Harbor Capital LLC bought a new position in Crown during the first quarter valued at approximately $736,000. California State Teachers Retirement System grew its position in Crown by 21.1% during the first quarter. California State Teachers Retirement System now owns 133,072 shares of the industrial products company’s stock valued at $13,340,000 after acquiring an additional 23,193 shares during the last quarter. Finally, Royal Bank of Canada grew its position in Crown by 61.8% during the first quarter. Royal Bank of Canada now owns 163,706 shares of the industrial products company’s stock valued at $16,412,000 after acquiring an additional 62,545 shares during the last quarter. 90.93% of the stock is currently owned by institutional investors.

Crown Trading Down 1.3%

Shares of CCK opened at $92.14 on Thursday. The firm’s 50 day simple moving average is $100.18 and its 200 day simple moving average is $102.99. The company has a market capitalization of $10.30 billion, a P/E ratio of 14.67, a P/E/G ratio of 1.54 and a beta of 0.63. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.12 and a quick ratio of 0.70. Crown has a 1-year low of $89.21 and a 1-year high of $116.62.

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

Crown Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Thursday, May 14th. Crown’s dividend payout ratio (DPR) is presently 22.29%.

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.