Evelyn Partners Investment Management LLP Has $361,000 Stock Position in Crown Holdings, Inc. $CCK

Evelyn Partners Investment Management LLP increased its holdings in shares of Crown Holdings, Inc. (NYSE:CCK) by 188.2% in the second quarter, HoldingsChannel reports. The firm owned 3,505 shares of the industrial products company’s stock after buying an additional 2,289 shares during the period. Evelyn Partners Investment Management LLP’s holdings in Crown were worth $361,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Bank of New York Mellon Corp boosted its stake in shares of 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 acquiring an additional 165,600 shares during the period. AQR Capital Management LLC lifted its holdings in Crown by 3.7% during the 1st quarter. AQR Capital Management LLC now owns 1,768,476 shares of the industrial products company’s stock valued at $156,988,000 after purchasing an additional 63,395 shares during the last quarter. Invesco Ltd. lifted its holdings in Crown by 412.2% during the 1st quarter. Invesco Ltd. now owns 1,719,296 shares of the industrial products company’s stock valued at $153,464,000 after purchasing an additional 1,383,624 shares during the last quarter. Nordea Investment Management AB increased its holdings in shares of Crown by 16.7% in the second quarter. Nordea Investment Management AB now owns 1,691,770 shares of the industrial products company’s stock valued at $174,015,000 after purchasing an additional 242,072 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Crown by 5.4% in the first quarter. Dimensional Fund Advisors LP now owns 1,637,155 shares of the industrial products company’s stock valued at $146,117,000 after purchasing an additional 83,523 shares during the last quarter. Institutional investors own 90.93% of the company’s stock.

Crown Stock Performance

Shares of Crown stock opened at $97.26 on Friday. The company has a current ratio of 1.06, a quick ratio of 0.69 and a debt-to-equity ratio of 1.67. The company has a market cap of $11.22 billion, a PE ratio of 12.04, a price-to-earnings-growth ratio of 1.30 and a beta of 0.78. The company has a 50 day moving average of $95.84 and a 200-day moving average of $99.09. Crown Holdings, Inc. has a 1-year low of $75.98 and a 1-year high of $109.48.

Crown (NYSE:CCK) last announced its quarterly earnings data on Monday, October 20th. The industrial products company reported $2.24 EPS for the quarter, beating the consensus estimate of $1.98 by $0.26. Crown had a net margin of 7.79% and a return on equity of 27.35%. 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 business earned $1.99 earnings per share. The company’s revenue was up 4.2% on a year-over-year basis. Crown has set its Q4 2025 guidance at 1.650-1.75 EPS. FY 2025 guidance at 7.700-7.80 EPS. As a group, equities research analysts forecast that Crown Holdings, Inc. will post 6.96 earnings per share for the current fiscal year.

Crown Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on CCK shares. Weiss Ratings restated a “buy (b)” rating on shares of Crown in a research note on Wednesday. Truist Financial restated a “buy” rating and set a $126.00 price objective (up from $118.00) on shares of Crown in a research report on Wednesday, October 22nd. Mizuho boosted their price objective on Crown from $116.00 to $120.00 and gave the stock an “outperform” rating in a report on Tuesday, October 21st. Citigroup lowered their target price on Crown from $135.00 to $124.00 and set a “buy” rating on the stock in a research note on Monday, September 29th. Finally, Raymond James Financial restated an “outperform” rating and issued a $115.00 price target (up from $110.00) on shares of Crown in a research note on Wednesday, October 22nd. Twelve equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Crown has an average rating of “Moderate Buy” and an average target price of $118.08.

Crown Profile

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.