Hsbc Holdings PLC Purchases 52,056 Shares of Crown Holdings, Inc. $CCK

Hsbc Holdings PLC boosted its position in shares of Crown Holdings, Inc. (NYSE:CCK) by 31.3% during the 1st quarter, HoldingsChannel.com reports. The fund owned 218,541 shares of the industrial products company’s stock after buying an additional 52,056 shares during the quarter. Hsbc Holdings PLC’s holdings in Crown were worth $21,707,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors 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% during the 4th quarter. OLD National Bancorp IN now owns 89,549 shares of the industrial products company’s stock worth $9,221,000 after purchasing an additional 74,814 shares during the last quarter. Compagnie Lombard Odier SCmA lifted its stake in Crown by 79.2% in the 4th quarter. Compagnie Lombard Odier SCmA now owns 12,672 shares of the industrial products company’s stock valued at $1,305,000 after purchasing an additional 5,600 shares during the last quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in Crown during the fourth quarter worth about $3,855,000. Louisiana State Employees Retirement System bought a new position in Crown during the first quarter worth about $3,258,000. Finally, World Investment Advisors acquired a new position in Crown during the fourth quarter worth approximately $1,188,000. Institutional investors and hedge funds own 90.93% of the company’s stock.

Key Crown News

Here are the key news stories impacting Crown this week:

• Positive Sentiment: Crown Holdings reported Q2 EPS of $2.49, topping estimates of $2.15, on revenue of $3.67 billion versus expectations of $3.37 billion. Crown Holdings, Inc. Reports Second Quarter 2026 Results
• Positive Sentiment: The company said global beverage can volumes rose 5%, signaling improving demand in a key end market for Crown’s packaging products. Crown Holdings Posts Higher Sales As Global Beverage Can Volumes Rise
• Positive Sentiment: Crown raised its FY2026 adjusted EPS guidance to $8.30-$8.50, above prior expectations, which supports the case for stronger earnings momentum ahead. CCK Q2 Earnings Beat on Strong Beverage Can Volumes, ’26 View Raised
• Positive Sentiment: Mizuho raised its price target on Crown to $135 from $130 and kept an outperform rating, reflecting a more constructive view on the stock’s upside. Benzinga report on Mizuho price target increase
• Neutral Sentiment: The earnings call transcript may provide additional detail on margins, demand trends, and guidance, but the headline takeaways already point to a solid quarter. Crown Holdings, Inc. (CCK) Q2 2026 Earnings Call Transcript

Wall Street Analysts Forecast Growth

CCK has been the subject of a number of recent analyst reports. Raymond James Financial raised their price objective on Crown from $125.00 to $135.00 and gave the company an “outperform” rating in a research report on Wednesday, July 15th. DA Davidson decreased their target price on Crown from $115.00 to $107.00 and set a “neutral” rating on the stock in a report on Wednesday, May 13th. 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. JPMorgan Chase & Co. raised Crown from a “neutral” rating to an “overweight” rating and set a $107.00 price target for the company in a report on Monday, May 18th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Crown in a research report on Wednesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $124.40.

Insider Transactions at Crown

In other Crown news, CEO Timothy J. Donahue sold 15,000 shares of the company’s stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $105.00, for a total value of $1,575,000.00. Following the transaction, the chief executive officer directly owned 436,070 shares of the company’s stock, valued at $45,787,350. This represents a 3.33% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.90% of the stock is owned by company insiders.

Crown Stock Up 3.0%

Crown stock opened at $118.00 on Wednesday. The stock has a market cap of $13.19 billion, a P/E ratio of 16.98, a P/E/G ratio of 1.91 and a beta of 0.60. 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 twelve month low of $89.21 and a twelve month high of $121.76. The company’s 50-day moving average price is $103.54 and its two-hundred day moving average price is $104.90.

Crown (NYSE:CCK) last issued its quarterly earnings data on Monday, July 20th. The industrial products company reported $2.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.16 by $0.33. Crown had a net margin of 5.91% and a return on equity of 27.14%. The firm had revenue of $3.67 billion during the quarter, compared to the consensus estimate of $3.37 billion. During the same period last year, the business posted $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. As a group, analysts expect that Crown Holdings, Inc. will post 8.06 EPS for the current year.

Crown Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, May 28th. Investors of record on Thursday, May 14th were issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend 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.