Principal Financial Group Inc. Has $25.09 Million Stock Holdings in Crown Holdings, Inc. $CCK

Principal Financial Group Inc. lifted its stake in shares of Crown Holdings, Inc. (NYSE:CCK) by 2.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 250,252 shares of the industrial products company’s stock after acquiring an additional 5,025 shares during the quarter. Principal Financial Group Inc. owned approximately 0.22% of Crown worth $25,088,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd bought a new position in Crown during the 3rd quarter worth approximately $29,000. ORG Partners LLC boosted its stake in shares of Crown by 52.5% in the 4th quarter. ORG Partners LLC now owns 305 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 105 shares during the last quarter. Geneos Wealth Management Inc. increased 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 worth $32,000 after buying an additional 111 shares during the period. BOK Financial Private Wealth Inc. acquired a new position in Crown in the fourth quarter valued at $42,000. Finally, Smartleaf Asset Management LLC boosted its position in Crown by 52.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 440 shares of the industrial products company’s stock valued at $46,000 after acquiring an additional 151 shares during the last quarter. 90.93% of the stock is currently owned by institutional investors.

Crown Stock Performance

Shares of Crown stock opened at $114.73 on Tuesday. The business has a 50-day simple moving average of $103.18 and a 200 day simple moving average of $104.80. Crown Holdings, Inc. has a one year low of $89.21 and a one year high of $118.50. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.12 and a quick ratio of 0.70. The firm has a market capitalization of $12.82 billion, a price-to-earnings ratio of 18.27, a PEG ratio of 1.96 and a beta of 0.60.

Crown (NYSE:CCK) last announced its quarterly earnings results on Monday, July 20th. The industrial products company reported $2.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.15 by $0.34. The business had revenue of $3.67 billion for the quarter, compared to analyst estimates of $3.37 billion. Crown had a return on equity of 26.62% and a net margin of 5.65%.During the same quarter in the prior year, the company earned $2.15 earnings per share. 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, research analysts anticipate that Crown Holdings, Inc. will post 8.06 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. Investors of record on Thursday, May 14th were given a $0.35 dividend. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $1.40 annualized dividend and a yield of 1.2%. Crown’s dividend payout ratio (DPR) is presently 22.29%.

Insider Buying and Selling

In other Crown news, CEO Timothy J. Donahue sold 15,000 shares of the business’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $105.00, for a total transaction of $1,575,000.00. Following the completion of the sale, the chief executive officer owned 436,070 shares in the company, valued at approximately $45,787,350. The trade was a 3.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.90% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on CCK. Wall Street Zen raised Crown from a “hold” rating to a “buy” rating in a research note on Saturday, June 20th. Deutsche Bank Aktiengesellschaft assumed coverage on Crown in a report on Wednesday, April 1st. They issued a “buy” rating and a $124.00 target price for the company. Truist Financial dropped their price target on Crown from $135.00 to $129.00 and set a “buy” rating on the stock in a research note on Wednesday, April 15th. BMO Capital Markets assumed coverage on Crown in a report on Thursday. They set an “outperform” rating and a $130.00 price target on the stock. Finally, Raymond James Financial lifted their price objective on shares of Crown from $125.00 to $135.00 and gave the company an “outperform” rating in a research note on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $124.07.

Key Headlines Impacting Crown

Here are the key news stories impacting Crown this week:

• Positive Sentiment: Second-quarter earnings beat Wall Street estimates, with Crown reporting $2.49 EPS versus $2.15 expected, and revenue of $3.67 billion versus $3.37 billion expected. Crown Holdings Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Management lifted FY 2026 EPS guidance to $8.30-$8.50, above the $8.10 consensus, signaling confidence in full-year profitability.
• Positive Sentiment: Operational momentum improved as global beverage can volumes rose 5%, supporting higher sales and suggesting steady demand in Crown’s core packaging business. Crown Holdings Posts Higher Sales As Global Beverage Can Volumes Rise
• Neutral Sentiment: The company’s Q3 EPS guidance of $2.20-$2.30 was slightly below the $2.25 consensus midpoint, which may limit upside as investors assess whether the strong second quarter can carry forward.
• Neutral Sentiment: Technical commentary noted a recent golden cross, which can be viewed as a constructive long-term chart signal, though it was not a direct fundamental driver. Should You Buy Crown Holdings After Golden Cross?

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.