Jump Financial LLC Has $4.36 Million Holdings in Crown Holdings, Inc. $CCK

Jump Financial LLC lessened its holdings in Crown Holdings, Inc. (NYSE:CCK) by 31.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,312 shares of the industrial products company’s stock after selling 19,474 shares during the quarter. Jump Financial LLC’s holdings in Crown were worth $4,357,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Bank of New York Mellon Corp lifted its position in Crown by 5.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 3,300,662 shares of the industrial products company’s stock worth $339,902,000 after buying an additional 165,600 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Crown by 58.6% in the 2nd quarter. Invesco Ltd. now owns 2,727,276 shares of the industrial products company’s stock valued at $280,855,000 after acquiring an additional 1,007,980 shares in the last quarter. Norges Bank acquired a new stake in shares of Crown in the second quarter valued at about $184,046,000. AQR Capital Management LLC raised its holdings in Crown by 3.7% during the first quarter. AQR Capital Management LLC now owns 1,768,476 shares of the industrial products company’s stock worth $156,988,000 after acquiring an additional 63,395 shares in the last quarter. Finally, Nordea Investment Management AB raised its holdings in Crown by 16.7% during the second quarter. Nordea Investment Management AB now owns 1,691,770 shares of the industrial products company’s stock worth $174,015,000 after acquiring an additional 242,072 shares in the last quarter. Institutional investors own 90.93% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on CCK. Wells Fargo & Company raised their target price on shares of Crown from $97.00 to $99.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 22nd. Royal Bank Of Canada boosted their price target on Crown from $116.00 to $120.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 22nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Crown in a research report on Monday. Mizuho lifted their target price on Crown from $116.00 to $120.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 21st. Finally, UBS Group reaffirmed a “buy” rating and set a $117.00 price target on shares of Crown in a report on Tuesday, October 21st. Twelve analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $118.08.

Crown Price Performance

Crown stock opened at $95.06 on Thursday. The company has a market capitalization of $10.97 billion, a price-to-earnings ratio of 11.77, a PEG ratio of 1.28 and a beta of 0.76. The company has a current ratio of 1.16, a quick ratio of 0.76 and a debt-to-equity ratio of 1.65. Crown Holdings, Inc. has a 12 month low of $75.98 and a 12 month high of $109.48. The stock’s 50 day moving average is $96.18 and its 200-day moving average is $98.96.

Crown (NYSE:CCK) last released its quarterly earnings results on Monday, October 20th. The industrial products company reported $2.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.98 by $0.26. Crown had a return on equity of 26.86% and a net margin of 7.79%.The business had revenue of $3.20 billion during the quarter, compared to the consensus estimate of $3.13 billion. During the same period in the previous year, the company posted $1.99 EPS. The firm’s quarterly revenue was up 4.2% on a year-over-year basis. Crown has set its Q4 2025 guidance at 1.650-1.75 EPS and its FY 2025 guidance at 7.700-7.80 EPS. Equities research analysts expect that Crown Holdings, Inc. will post 6.96 EPS for the current year.

Crown Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 20th. Investors of record on Thursday, November 6th were paid a $0.26 dividend. The ex-dividend date was Thursday, November 6th. This represents a $1.04 annualized dividend and a dividend yield of 1.1%. Crown’s dividend payout ratio is 12.87%.

About Crown

Crown Holdings, Inc, together with its subsidiaries, engages in the packaging business in the United States and internationally. It operates through Americas Beverage, European Beverage, Asia Pacific, and Transit Packaging segments. The company manufactures and sells recyclable aluminum beverage cans and ends, glass bottles, steel crowns, aluminum caps, non-beverage cans, and aerosol cans and closures.