Crown Holdings, Inc. (NYSE:CCK) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Crown Holdings, Inc. (NYSE:CCKGet Free Report) have earned a consensus rating of “Moderate Buy” from the seventeen ratings firms that are currently covering the stock, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation and twelve have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $120.1429.

CCK has been the topic of several research analyst reports. UBS Group dropped their price objective on Crown from $120.00 to $112.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 29th. Bank of America lowered their target price on Crown from $131.00 to $126.00 and set a “buy” rating for the company in a report on Monday, April 6th. Weiss Ratings reissued a “buy (b)” rating on shares of Crown in a research report on Friday, March 27th. Royal Bank Of Canada cut their price target on Crown from $140.00 to $129.00 and set an “outperform” rating on the stock in a research note on Friday, April 17th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Crown in a report on Wednesday, April 1st. They issued a “buy” rating and a $124.00 price objective for the company.

Read Our Latest Stock Analysis on Crown

Insider Activity at Crown

In other news, CEO Timothy J. Donahue sold 15,000 shares of the business’s 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 sale, the chief executive officer owned 436,070 shares in the company, valued at approximately $45,787,350. The trade was a 3.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 30,000 shares of company stock valued at $3,163,875. Insiders own 0.90% of the company’s stock.

Hedge Funds Weigh In On Crown

Several institutional investors have recently bought and sold shares of the business. Norges Bank purchased a new stake in Crown during the fourth quarter worth $158,288,000. Fuller & Thaler Asset Management Inc. purchased a new position in shares of Crown in the 4th quarter valued at $127,230,000. AQR Capital Management LLC raised its position in shares of Crown by 36.9% in the 3rd quarter. AQR Capital Management LLC now owns 3,467,550 shares of the industrial products company’s stock worth $333,197,000 after acquiring an additional 933,938 shares in the last quarter. Invesco Ltd. raised its position in shares of Crown by 33.6% in the 4th quarter. Invesco Ltd. now owns 3,526,983 shares of the industrial products company’s stock worth $363,173,000 after acquiring an additional 886,471 shares in the last quarter. Finally, LSV Asset Management lifted its stake in shares of 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 purchasing an additional 724,620 shares during the last quarter. 90.93% of the stock is owned by hedge funds and other institutional investors.

Crown Trading Down 0.1%

Shares of CCK opened at $113.17 on Monday. Crown has a 1-year low of $89.21 and a 1-year high of $116.62. The company has a 50-day moving average of $100.57 and a 200 day moving average of $104.05. The firm has a market capitalization of $12.65 billion, a price-to-earnings ratio of 18.02, a PEG ratio of 1.87 and a beta of 0.60. 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:CCKGet Free Report) last issued its 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. Crown had a net margin of 5.65% and a return on equity of 26.62%. The business had revenue of $3.26 billion for the quarter, compared to the consensus estimate of $3.03 billion. During the same period in the prior year, the firm earned $1.67 EPS. The company’s revenue for the quarter 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. On average, research analysts expect that Crown will post 8.05 EPS for the current 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 given a dividend of $0.35 per share. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $1.40 dividend on an annualized basis and a yield of 1.2%. Crown’s dividend payout ratio (DPR) is 22.29%.

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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