Dynamic Technology Lab Private Ltd Makes New $1.84 Million Investment in Crown Holdings, Inc. $CCK

Dynamic Technology Lab Private Ltd acquired a new stake in shares of Crown Holdings, Inc. (NYSE:CCKFree Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 17,899 shares of the industrial products company’s stock, valued at approximately $1,843,000.

Other large investors have also made changes to their positions in the company. Smartleaf Asset Management LLC raised its position in shares of Crown by 105.0% during the third quarter. Smartleaf Asset Management LLC now owns 289 shares of the industrial products company’s stock valued at $28,000 after buying an additional 148 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of Crown during the third quarter valued at about $29,000. ORG Partners LLC raised its position in shares of 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 buying an additional 105 shares during the last quarter. Geneos Wealth Management Inc. raised its position in shares of Crown by 45.3% during the first quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock valued at $32,000 after buying an additional 111 shares during the last quarter. Finally, BOK Financial Private Wealth Inc. acquired a new position in shares of Crown during the fourth quarter valued at about $42,000. Institutional investors and hedge funds own 90.93% of the company’s stock.

Crown Stock Performance

NYSE CCK opened at $98.86 on Friday. The stock has a market cap of $11.05 billion, a P/E ratio of 15.74, a PEG ratio of 1.61 and a beta of 0.63. The company’s 50-day simple moving average is $99.90 and its 200 day simple moving average is $102.97. Crown Holdings, Inc. has a twelve month low of $89.21 and a twelve month high of $116.62. 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 (NYSE:CCKGet Free Report) last posted 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 analysts’ expectations of $3.03 billion. Crown had a net margin of 5.65% and a return on equity of 26.62%. The firm’s revenue for the quarter was up 12.9% on a year-over-year basis. During the same quarter in the previous 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. As a group, research analysts forecast that Crown Holdings, Inc. will post 8.05 earnings per share for the current fiscal year.

Crown Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Thursday, May 14th. Crown’s dividend payout ratio is currently 22.29%.

Wall Street Analyst Weigh In

CCK has been the subject of a number of research analyst reports. Bank of America cut their price objective on shares of Crown from $131.00 to $126.00 and set a “buy” rating for the company in a research report on Monday, April 6th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Crown in a research report on Monday, February 23rd. Citigroup upped their price objective on shares of Crown from $127.00 to $129.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. UBS Group cut their price objective on shares of Crown from $120.00 to $112.00 and set a “neutral” rating for the company in a research report on Wednesday, April 29th. Finally, Royal Bank Of Canada cut their price objective on shares of Crown from $140.00 to $129.00 and set an “outperform” rating for the company in a research report on Friday, April 17th. Twelve research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, Crown has an average rating of “Moderate Buy” and a consensus price target of $120.00.

Read Our Latest Report on Crown

Insiders Place Their Bets

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

About Crown

(Free Report)

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.

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Institutional Ownership by Quarter for Crown (NYSE:CCK)

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