Wellington Management Group LLP Reduces Position in Crown Holdings, Inc. $CCK

Wellington Management Group LLP decreased its stake in shares of Crown Holdings, Inc. (NYSE:CCK) by 8.8% during the second quarter, HoldingsChannel reports. The firm owned 283,570 shares of the industrial products company’s stock after selling 27,274 shares during the quarter. Wellington Management Group LLP’s holdings in Crown were worth $31,709,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Root Financial Partners LLC grew its holdings in shares of Crown by 23.8% during the fourth quarter. Root Financial Partners LLC now owns 473 shares of the industrial products company’s stock valued at $49,000 after buying an additional 91 shares during the last quarter. Parallel Advisors LLC raised its stake in Crown by 12.5% in the 4th quarter. Parallel Advisors LLC now owns 934 shares of the industrial products company’s stock worth $96,000 after acquiring an additional 104 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in Crown by 45.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 111 shares during the last quarter. Siemens Fonds Invest GmbH lifted its position in Crown by 7.7% during the 3rd quarter. Siemens Fonds Invest GmbH now owns 1,626 shares of the industrial products company’s stock worth $157,000 after acquiring an additional 116 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. grew its stake in Crown by 2.1% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 5,838 shares of the industrial products company’s stock valued at $585,000 after purchasing an additional 121 shares during the last quarter. 90.93% of the stock is currently owned by institutional investors and hedge funds.

Crown Price Performance

Shares of NYSE CCK opened at $115.28 on Friday. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.05 and a quick ratio of 0.65. The stock has a market capitalization of $12.54 billion, a price-to-earnings ratio of 16.59, a PEG ratio of 1.62 and a beta of 0.58. The firm’s 50 day simple moving average is $116.52 and its 200-day simple moving average is $107.74. Crown Holdings, Inc. has a 12 month low of $89.21 and a 12 month high of $122.91.

Crown (NYSE:CCK) last posted its earnings results on Monday, July 20th. The industrial products company reported $2.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.16 by $0.33. Crown had a net margin of 5.91% and a return on equity of 27.33%. The firm had revenue of $3.67 billion during the quarter, compared to analysts’ expectations of $3.37 billion. During the same period in the previous year, the business posted $2.15 EPS. The business’s revenue was up 16.5% compared to the same quarter last year. Crown has set its Q3 2026 guidance at 2.200-2.30 EPS and its FY 2026 guidance at 8.300-8.50 EPS. Analysts expect that Crown Holdings, Inc. will post 8.39 EPS for the current year.

Crown Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Thursday, August 6th were given a $0.35 dividend. The ex-dividend date was Thursday, August 6th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.2%. Crown’s dividend payout ratio is 20.14%.

Insider Activity

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

Key Headlines Impacting Crown

Here are the key news stories impacting Crown this week:

• Positive Sentiment: Long-term growth profile highlighted: Zacks identified Crown Holdings as a potentially attractive long-term growth stock through its Style Scores framework. The coverage points to Crown’s favorable growth characteristics, which may support investor interest despite near-term share-price weakness. Why Crown Holdings (CCK) is a Top Growth Stock for the Long-Term
• Neutral Sentiment: Analyst commentary provides additional visibility: A market roundup included Crown Holdings among consumer-cyclical companies under analyst review. The supplied report does not specify a new price target, rating change, or earnings-estimate revision for CCK, so the immediate investment impact appears limited. Analysts Offer Insights on Consumer Cyclical Companies: Tilly’s, Crown Holdings and Kontoor Brands
• Neutral Sentiment: Senior legal executive retirement announced: Crown said Adam Dickstein, its senior vice president and general counsel, will retire. The announcement is a management transition but does not indicate a change to operations, financial guidance, or capital-allocation plans in the available information. Crown Holdings Announces Retirement of Senior Legal Executive

Analyst Ratings Changes

CCK has been the subject of several research analyst reports. Bank of America raised their price objective on Crown from $129.00 to $145.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Wells Fargo & Company increased their price target on shares of Crown from $117.00 to $127.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 22nd. Mizuho raised their price target on shares of Crown from $130.00 to $135.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 21st. BMO Capital Markets lifted their price objective on shares of Crown from $130.00 to $135.00 and gave the company an “outperform” rating in a research note on Wednesday, July 22nd. Finally, Truist Financial reaffirmed a “buy” rating and issued a $141.00 price objective (up from $129.00) on shares of Crown in a report on Wednesday, July 22nd. Eleven investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $128.20.

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.