Crown (NYSE:CCK) Price Target Raised to $135.00

Crown (NYSE:CCKFree Report) had its price target hoisted by Mizuho from $130.00 to $135.00 in a research note published on Tuesday,Benzinga reports. They currently have an outperform rating on the industrial products company’s stock.

A number of other research analysts also recently commented on CCK. DA Davidson reduced their price objective on shares of Crown from $115.00 to $107.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 13th. BMO Capital Markets started coverage on shares of Crown in a research report on Thursday, July 16th. They issued an “outperform” rating and a $130.00 target price for the company. Wells Fargo & Company upped their target price on shares of Crown from $109.00 to $117.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 15th. Raymond James Financial increased their price target on shares of Crown from $125.00 to $135.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 15th. Finally, Bank of America lifted their price target on Crown from $129.00 to $145.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Eleven analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $127.93.

Check Out Our Latest Stock Analysis on Crown

Crown Stock Performance

Shares of CCK opened at $114.32 on Tuesday. The firm has a market cap of $12.78 billion, a price-to-earnings ratio of 16.45, a PEG ratio of 1.87 and a beta of 0.60. The company has a quick ratio of 0.70, a current ratio of 1.05 and a debt-to-equity ratio of 1.63. The business’s 50 day moving average is $104.17 and its two-hundred day moving average is $105.07. Crown has a 52-week low of $89.21 and a 52-week high of $121.76.

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

Crown Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Thursday, May 14th. Crown’s dividend payout ratio is 20.14%.

Insider Activity at Crown

In other news, CEO Timothy J. Donahue sold 15,000 shares of Crown stock in a transaction dated 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 completion of the transaction, the chief executive officer directly owned 436,070 shares of the company’s stock, valued at approximately $45,787,350. The trade was a 3.33% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.90% of the company’s stock.

Hedge Funds Weigh In On Crown

A number of hedge funds and other institutional investors have recently bought and sold shares of CCK. Northside Capital Management LLC grew its holdings in shares of Crown by 1.7% during the second quarter. Northside Capital Management LLC now owns 102,521 shares of the industrial products company’s stock valued at $11,464,000 after purchasing an additional 1,674 shares during the last quarter. Handelsbanken Fonder AB boosted its position in Crown by 7.0% during the 2nd quarter. Handelsbanken Fonder AB now owns 281,253 shares of the industrial products company’s stock valued at $31,450,000 after purchasing an additional 18,280 shares during the period. Elevation Wealth Partners LLC boosted its position in Crown by 628.8% during the 2nd quarter. Elevation Wealth Partners LLC now owns 481 shares of the industrial products company’s stock valued at $54,000 after purchasing an additional 415 shares during the period. Assenagon Asset Management S.A. bought a new position in Crown during the 2nd quarter worth $60,275,000. Finally, 55 North Private Wealth LLC bought a new position in Crown during the 2nd quarter worth $293,000. 90.93% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Crown

Here are the key news stories impacting Crown this week:

  • Positive Sentiment: Crown Holdings reported strong second-quarter results, with earnings and revenue beating expectations and management raising its profit outlook for the year. That improved guidance suggests demand and margins remain healthy. Crown Holdings raises profit outlook after Q2 beat
  • Positive Sentiment: The company also declared a quarterly cash dividend of $0.35 per share, reinforcing its shareholder-return profile and signaling continued confidence in cash generation. CROWN HOLDINGS, INC. DECLARES QUARTERLY DIVIDEND
  • Neutral Sentiment: Several analysts turned more constructive after the earnings report, with some raising price targets, while others maintained neutral or equal-weight ratings. That mixed reaction suggests Wall Street sees limited near-term upside after the recent rally, even though the outlook has improved. Crown (NYSE:CCK) Stock Price Expected to Rise, Mizuho Analyst Says
  • Negative Sentiment: J.P. Morgan downgraded Crown after the stock’s strong run, and some commentary now says the upside may already be priced in. That can pressure the stock even after good results because investors may be locking in gains. Crown Holdings downgraded by J.P. Morgan after strong rally
  • Negative Sentiment: Recent articles also describe Crown Holdings as having a healthy earnings outlook but limited upside ahead, reinforcing the idea that valuation concerns are tempering enthusiasm. Crown Holdings: Healthy Earnings Outlook, Yet Limited Upside Ahead

About Crown

(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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