Crown Holdings, Inc. (NYSE:CCK) Receives Consensus Rating of “Moderate Buy” from Analysts

Crown Holdings, Inc. (NYSE:CCK) has received a consensus rating of “Moderate Buy” from the seventeen analysts that are covering the stock, MarketBeat reports. Five research analysts have rated the stock with a hold recommendation and twelve have given a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $128.20.

CCK has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Crown in a research note on Wednesday, July 22nd. BMO Capital Markets increased their price target on Crown from $130.00 to $135.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. Truist Financial reissued 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. Wells Fargo & Company boosted their price objective on Crown from $117.00 to $127.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 22nd. Finally, Raymond James Financial upped their target price on Crown from $125.00 to $135.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 15th.

Crown Trading Down 1.2%

Crown stock opened at $109.19 on Friday. The stock’s 50 day simple moving average is $116.62 and its two-hundred day simple moving average is $107.62. Crown has a 12 month low of $89.21 and a 12 month high of $122.91. The firm has a market cap of $11.88 billion, a PE ratio of 15.71, a P/E/G ratio of 1.55 and a beta of 0.58. The company has a current ratio of 1.05, a quick ratio of 0.65 and a debt-to-equity ratio of 1.63.

Crown (NYSE:CCK) last released its quarterly earnings results on Monday, July 20th. The industrial products company reported $2.49 EPS for the quarter, beating the consensus estimate of $2.16 by $0.33. The company had revenue of $3.67 billion for the quarter, compared to analyst estimates of $3.37 billion. Crown had a net margin of 5.91% and a return on equity of 27.33%. The firm’s revenue was up 16.5% on a year-over-year basis. During the same quarter last year, the business 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. Analysts anticipate that Crown will post 8.39 earnings per share for the current year.

Crown Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Investors of record on Thursday, August 6th were issued a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Thursday, August 6th. Crown’s payout ratio is presently 20.14%.

Insider Buying and Selling

In other Crown news, CEO Timothy 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 transaction of $1,575,000.00. Following the completion of the transaction, the chief executive officer directly owned 436,070 shares in the company, valued at approximately $45,787,350. This represents a 3.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.90% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Community Bank N.A. acquired a new stake in Crown in the 2nd quarter worth about $32,000. BOK Financial Private Wealth Inc. purchased a new stake in Crown during the 4th quarter worth approximately $42,000. Root Financial Partners LLC raised 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 acquiring an additional 91 shares during the last quarter. Elevation Wealth Partners LLC raised its holdings in shares of Crown by 628.8% during the second quarter. Elevation Wealth Partners LLC now owns 481 shares of the industrial products company’s stock valued at $54,000 after acquiring an additional 415 shares during the last quarter. Finally, Ballast Advisors LLC purchased a new position in shares of Crown in the first quarter valued at approximately $57,000. Institutional investors and hedge funds own 90.93% of the company’s stock.

Crown Company Profile

Crown Holdings, Inc (NYSE: CCK) is a global packaging company that designs and manufactures metal packaging products for consumer goods and industrial customers. Its portfolio includes beverage cans, food cans, aerosol cans, metal closures, and other specialty packaging used for products such as beverages, food, household goods, personal care items, and industrial materials.

The company also provides transit packaging solutions, including equipment and materials used to protect and secure products during shipping.