Syon Capital LLC Acquires 5,749 Shares of Crown Holdings, Inc. $CCK

Syon Capital LLC grew its holdings in Crown Holdings, Inc. (NYSE:CCK) by 60.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 15,304 shares of the industrial products company’s stock after purchasing an additional 5,749 shares during the quarter. Syon Capital LLC’s holdings in Crown were worth $1,576,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of CCK. OLD National Bancorp IN raised its holdings in Crown by 507.7% during the 4th quarter. OLD National Bancorp IN now owns 89,549 shares of the industrial products company’s stock worth $9,221,000 after buying an additional 74,814 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund raised its holdings in Crown by 235.5% during the 3rd quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 25,500 shares of the industrial products company’s stock worth $2,463,000 after buying an additional 17,900 shares during the period. Nordea Investment Management AB raised its holdings in Crown by 2.2% during the 4th quarter. Nordea Investment Management AB now owns 1,666,360 shares of the industrial products company’s stock worth $171,668,000 after buying an additional 36,540 shares during the period. JPMorgan Chase & Co. raised its holdings in Crown by 226.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,474,038 shares of the industrial products company’s stock worth $142,377,000 after buying an additional 1,022,789 shares during the period. Finally, Candriam S.C.A. raised its holdings in Crown by 84.0% during the 3rd quarter. Candriam S.C.A. now owns 317,563 shares of the industrial products company’s stock worth $30,673,000 after buying an additional 144,935 shares during the period. Institutional investors own 90.93% of the company’s stock.

Insider Buying and Selling at Crown

In related news, CEO Timothy J. Donahue sold 7,500 shares of the firm’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 transaction, the chief executive officer directly owned 451,070 shares of the company’s stock, valued at approximately $48,196,829.50. This trade represents a 1.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.90% of the company’s stock.

Crown Price Performance

NYSE CCK opened at $93.33 on Monday. The company has a quick ratio of 0.70, a current ratio of 1.12 and a debt-to-equity ratio of 1.67. Crown Holdings, Inc. has a 12-month low of $89.21 and a 12-month high of $116.62. The company has a market capitalization of $10.43 billion, a PE ratio of 14.86, a price-to-earnings-growth ratio of 1.54 and a beta of 0.63. The firm’s 50 day moving average is $100.37 and its 200-day moving average is $103.02.

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

Crown Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, May 28th. Investors of record on Thursday, May 14th were paid a $0.35 dividend. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $1.40 annualized dividend and a dividend yield of 1.5%. Crown’s dividend payout ratio (DPR) is currently 22.29%.

Analyst Ratings Changes

Several analysts have commented on CCK shares. Truist Financial dropped 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. Royal Bank Of Canada dropped their target price on shares of Crown from $140.00 to $129.00 and set an “outperform” rating on the stock in a report on Friday, April 17th. Bank of America dropped their target price 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. DA Davidson lowered their price objective on shares of Crown from $115.00 to $107.00 and set a “neutral” rating on the stock in a report on Wednesday, May 13th. Finally, UBS Group lowered their price objective on shares of Crown from $120.00 to $112.00 and set a “neutral” rating on the stock in a report on Wednesday, April 29th. 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, Crown currently has a consensus rating of “Moderate Buy” and an average price target of $120.00.

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.