Crown Holdings, Inc. (NYSE:CCK) Receives $128.20 Consensus PT from Analysts

Shares of Crown Holdings, Inc. (NYSE:CCKGet Free Report) have received a consensus rating of “Moderate Buy” from the seventeen ratings firms that are presently covering the company, MarketBeat.com reports. Six investment analysts have rated the stock with a hold recommendation and eleven have given a buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is $128.20.

CCK has been the topic of several recent analyst reports. Wall Street Zen upgraded shares of Crown from a “hold” rating to a “buy” rating in a research note on Saturday, June 20th. Jefferies Financial Group set a $121.00 price target on Crown in a report on Wednesday, July 22nd. DA Davidson lowered their price target on Crown from $115.00 to $107.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 13th. Truist Financial restated a “buy” rating and issued a $141.00 price objective (up from $129.00) on shares of Crown in a research note on Wednesday, July 22nd. Finally, Bank of America raised their price objective on Crown from $129.00 to $145.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th.

Get Our Latest Stock Report on CCK

Insider Buying and Selling

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 shares were 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 in the company, valued at $45,787,350. The trade was a 3.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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 currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd bought a new stake in shares of Crown during the third quarter worth approximately $29,000. Geneos Wealth Management Inc. increased its stake 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 purchasing an additional 111 shares during the period. BOK Financial Private Wealth Inc. acquired a new stake in Crown during the 4th quarter worth approximately $42,000. Smartleaf Asset Management LLC lifted its holdings in Crown by 52.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 440 shares of the industrial products company’s stock worth $46,000 after purchasing an additional 151 shares during the last quarter. Finally, Root Financial Partners LLC boosted its stake in Crown by 23.8% in the 4th quarter. Root Financial Partners LLC now owns 473 shares of the industrial products company’s stock valued at $49,000 after purchasing an additional 91 shares during the period. Institutional investors and hedge funds own 90.93% of the company’s stock.

Crown Price Performance

Shares of NYSE CCK opened at $119.88 on Tuesday. The stock has a market capitalization of $13.04 billion, a price-to-earnings ratio of 17.25, a PEG ratio of 1.67 and a beta of 0.59. The business has a 50-day moving average of $114.32 and a 200-day moving average of $107.37. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.05 and a quick ratio of 0.65. Crown has a fifty-two week low of $89.21 and a fifty-two week high of $122.91.

Crown (NYSE:CCKGet Free Report) last announced its quarterly earnings data on Monday, July 20th. The industrial products company reported $2.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.16 by $0.33. The company had revenue of $3.67 billion for the quarter, compared to analysts’ expectations of $3.37 billion. Crown had a return on equity of 27.33% and a net margin of 5.91%.The business’s revenue was up 16.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.15 EPS. 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, sell-side analysts predict that Crown will post 8.39 earnings per share for the current fiscal year.

Crown Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Thursday, August 6th were issued a dividend of $0.35 per share. The ex-dividend date of this dividend was Thursday, August 6th. This represents a $1.40 annualized dividend and a yield of 1.2%. Crown’s dividend payout ratio (DPR) is currently 20.14%.

Crown Company Profile

(Get 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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Analyst Recommendations for Crown (NYSE:CCK)

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