Crown Holdings, Inc. $CCK Shares Bought by OFI Invest Asset Management

OFI Invest Asset Management raised its position in Crown Holdings, Inc. (NYSE:CCK) by 75.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,200 shares of the industrial products company’s stock after purchasing an additional 11,241 shares during the quarter. OFI Invest Asset Management’s holdings in Crown were worth $2,698,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Harbor Capital Advisors Inc. increased its stake in shares of Crown by 103.1% in the third quarter. Harbor Capital Advisors Inc. now owns 264 shares of the industrial products company’s stock valued at $25,000 after purchasing an additional 134 shares during the period. Smartleaf Asset Management LLC increased its stake in shares of Crown by 105.0% in the third quarter. Smartleaf Asset Management LLC now owns 289 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 148 shares during the period. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Crown in the third quarter valued at approximately $29,000. ORG Partners LLC increased its stake in shares of Crown by 52.5% in the fourth quarter. ORG Partners LLC now owns 305 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 105 shares during the period. Finally, Geneos Wealth Management Inc. increased its stake in shares of Crown by 45.3% in the first quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 111 shares during the period. Institutional investors and hedge funds own 90.93% of the company’s stock.

Insider Buying and Selling

In related news, CEO Timothy J. Donahue sold 7,500 shares of the firm’s stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $105.00, for a total value of $787,500.00. Following the completion of the transaction, the chief executive officer owned 458,570 shares of the company’s stock, valued at approximately $48,149,850. This trade represents a 1.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Djalma Novaes, Jr. sold 29,734 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $114.80, for a total transaction of $3,413,463.20. Following the completion of the transaction, the chief operating officer directly owned 88,052 shares of the company’s stock, valued at $10,108,369.60. This represents a 25.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 52,234 shares of company stock valued at $5,818,488 in the last ninety days. Company insiders own 0.90% of the company’s stock.

Crown Price Performance

NYSE CCK opened at $107.94 on Friday. The firm has a market capitalization of $12.12 billion, a PE ratio of 16.95, a P/E/G ratio of 1.76 and a beta of 0.75. Crown Holdings, Inc. has a 12 month low of $80.32 and a 12 month high of $116.62. The company has a debt-to-equity ratio of 1.55, a current ratio of 1.03 and a quick ratio of 0.66. The company’s 50 day simple moving average is $107.70 and its 200 day simple moving average is $101.89.

Crown (NYSE:CCK) last issued its earnings results on Wednesday, February 4th. The industrial products company reported $1.74 earnings per share for the quarter, topping analysts’ consensus estimates of $1.69 by $0.05. Crown had a net margin of 5.97% and a return on equity of 26.68%. The firm had revenue of $3.13 billion during the quarter, compared to analysts’ expectations of $2.99 billion. During the same period last year, the firm posted $1.59 earnings per share. The firm’s revenue for the quarter was up 7.7% compared to the same quarter last year. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q1 2026 guidance at 1.700-1.800 EPS. As a group, equities research analysts forecast that Crown Holdings, Inc. will post 6.96 EPS for the current fiscal year.

Crown Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th were paid a $0.35 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $1.40 dividend on an annualized basis and a yield of 1.3%. This is a positive change from Crown’s previous quarterly dividend of $0.26. Crown’s dividend payout ratio (DPR) is 21.98%.

Analyst Ratings Changes

CCK has been the topic of a number of research analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Crown in a research note on Friday, March 27th. Morgan Stanley reiterated an “overweight” rating on shares of Crown in a research note on Friday, February 6th. Truist Financial reiterated a “buy” rating and set a $135.00 price objective (up from $130.00) on shares of Crown in a research note on Friday, February 6th. Wells Fargo & Company lowered their price objective on shares of Crown from $120.00 to $111.00 and set an “equal weight” rating on the stock in a research note on Friday, March 20th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Crown in a research note on Wednesday, April 1st. They set a “buy” rating and a $124.00 price objective on the stock. Twelve equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $125.13.

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.