Regents Gate Capital LLP increased its holdings in Crown Holdings, Inc. (NYSE:CCK – Free Report) by 276.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 104,999 shares of the industrial products company’s stock after purchasing an additional 77,101 shares during the period. Crown makes up 2.2% of Regents Gate Capital LLP’s investment portfolio, making the stock its 22nd biggest holding. Regents Gate Capital LLP’s holdings in Crown were worth $10,526,000 as of its most recent SEC filing.
Several other hedge funds have also recently bought and sold shares of CCK. Root Financial Partners LLC raised its holdings in Crown by 23.8% during the fourth quarter. Root Financial Partners LLC now owns 473 shares of the industrial products company’s stock valued at $49,000 after buying an additional 91 shares in the last quarter. Parallel Advisors LLC increased its holdings in shares of Crown by 12.5% during the 4th quarter. Parallel Advisors LLC now owns 934 shares of the industrial products company’s stock valued at $96,000 after acquiring an additional 104 shares during the last quarter. ORG Partners LLC increased its holdings in shares of Crown by 52.5% during the 4th quarter. ORG Partners LLC now owns 305 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 105 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Crown by 45.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 111 shares in the last quarter. Finally, Siemens Fonds Invest GmbH raised its stake in shares of Crown by 7.7% in the 3rd quarter. Siemens Fonds Invest GmbH now owns 1,626 shares of the industrial products company’s stock valued at $157,000 after acquiring an additional 116 shares in the last quarter. 90.93% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at Crown
In related news, CEO Timothy J. Donahue sold 15,000 shares of the company’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $105.00, for a total transaction of $1,575,000.00. Following the completion of the transaction, the chief executive officer directly owned 436,070 shares in the company, valued at $45,787,350. This represents a 3.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.90% of the company’s stock.
Crown Price Performance
Crown (NYSE:CCK – Get Free Report) last issued its quarterly earnings results on Monday, April 27th. The industrial products company reported $1.86 EPS for the quarter, topping the consensus estimate of $1.75 by $0.11. Crown had a return on equity of 26.62% and a net margin of 5.65%.The company had revenue of $3.26 billion for the quarter, compared to the consensus estimate of $3.03 billion. During the same period in the previous year, the business posted $1.67 EPS. The company’s revenue for the quarter was up 12.9% on a year-over-year basis. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q2 2026 guidance at 2.100-2.200 EPS. Research analysts predict that Crown Holdings, Inc. will post 8.06 earnings per share for the current year.
Crown Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Stockholders of record on Thursday, May 14th were paid a $0.35 dividend. The ex-dividend date was Thursday, May 14th. This represents a $1.40 annualized dividend and a dividend yield of 1.2%. Crown’s dividend payout ratio (DPR) is presently 22.29%.
Wall Street Analysts Forecast Growth
CCK has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. raised Crown from a “neutral” rating to an “overweight” rating and set a $107.00 target price for the company in a research report on Monday, May 18th. Truist Financial dropped their price target on shares of Crown from $135.00 to $129.00 and set a “buy” rating on the stock in a research report on Wednesday, April 15th. Bank of America boosted their price objective on shares of Crown from $129.00 to $145.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Royal Bank Of Canada upped their price objective on shares of Crown from $129.00 to $131.00 and gave the stock an “outperform” rating in a report on Thursday, July 9th. Finally, Wells Fargo & Company raised 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. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $124.07.
Read Our Latest Stock Analysis on Crown
Crown 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.
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