240,231 Shares in Crown Holdings, Inc. $CCK Acquired by Todd Asset Management LLC

Todd Asset Management LLC bought a new position in shares of Crown Holdings, Inc. (NYSE:CCK) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 240,231 shares of the industrial products company’s stock, valued at approximately $24,737,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Catalyst Funds Management Pty Ltd bought a new stake in Crown during the 4th quarter worth approximately $1,040,000. Jefferies Financial Group Inc. increased its holdings in Crown by 38.0% during the 4th quarter. Jefferies Financial Group Inc. now owns 13,384 shares of the industrial products company’s stock worth $1,378,000 after acquiring an additional 3,684 shares during the period. MQS Management LLC bought a new stake in Crown during the 4th quarter worth approximately $504,000. Legato Capital Management LLC increased its holdings in Crown by 41.5% during the 4th quarter. Legato Capital Management LLC now owns 21,369 shares of the industrial products company’s stock worth $2,200,000 after acquiring an additional 6,265 shares during the period. Finally, LSV Asset Management increased its holdings in Crown by 542.2% during the 4th quarter. LSV Asset Management now owns 858,275 shares of the industrial products company’s stock worth $88,377,000 after acquiring an additional 724,620 shares during the period. Institutional investors own 90.93% of the company’s stock.

Insider Activity

In other news, CEO Timothy J. Donahue sold 7,500 shares of the company’s stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $106.85, for a total value of $801,375.00. Following the completion of the sale, the chief executive officer owned 451,070 shares of the company’s stock, valued at approximately $48,196,829.50. This represents a 1.64% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 Analysts Forecast Growth

CCK has been the topic of a number of analyst reports. Citigroup upped their target price on shares of Crown from $127.00 to $129.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Wall Street Zen raised shares of Crown from a “hold” rating to a “buy” rating in a report on Saturday. Truist Financial decreased their target price on shares of Crown from $135.00 to $129.00 and set a “buy” rating on the stock in a report on Wednesday, April 15th. Bank of America decreased their price target on shares of Crown from $131.00 to $126.00 and set a “buy” rating on the stock in a report on Monday, April 6th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Crown in a report on Monday, February 23rd. Twelve equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $120.00.

Crown Price Performance

Shares of NYSE:CCK opened at $96.75 on Monday. The company’s fifty day moving average price is $101.77 and its 200-day moving average price is $103.18. The firm has a market capitalization of $10.81 billion, a price-to-earnings ratio of 15.41, a PEG ratio of 1.60 and a beta of 0.65. Crown Holdings, Inc. has a one year low of $89.21 and a one year high of $116.62. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.12 and a quick ratio of 0.70.

Crown (NYSE:CCK) last issued its quarterly earnings results on Monday, April 27th. The industrial products company reported $1.86 EPS for the quarter, topping analysts’ consensus estimates of $1.75 by $0.11. The firm had revenue of $3.26 billion for the quarter, compared to analyst estimates of $3.03 billion. Crown had a net margin of 5.65% and a return on equity of 26.62%. The business’s revenue for the quarter was up 12.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.67 EPS. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q2 2026 guidance at 2.100-2.200 EPS. On average, equities research analysts anticipate that Crown Holdings, Inc. will post 8.05 earnings per share for the current fiscal year.

Crown Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 28th. Stockholders of record on Thursday, May 14th will be paid a $0.35 dividend. The ex-dividend date of this dividend is Thursday, May 14th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.4%. Crown’s dividend payout ratio is 22.29%.

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.