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

Shares of Crown Holdings, Inc. (NYSE:CCK) have earned a consensus rating of “Moderate Buy” from the fifteen brokerages that are presently covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and twelve have given a buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $118.0769.

Several research firms recently commented on CCK. Wall Street Zen upgraded Crown from a “hold” rating to a “buy” rating in a research note on Sunday, October 26th. Wells Fargo & Company lifted their price target on Crown from $97.00 to $99.00 and gave the company an “equal weight” rating in a report on Wednesday, October 22nd. Raymond James Financial reiterated an “outperform” rating and set a $115.00 price objective (up from $110.00) on shares of Crown in a report on Wednesday, October 22nd. Truist Financial reissued a “buy” rating and issued a $126.00 target price (up from $118.00) on shares of Crown in a research report on Wednesday, October 22nd. Finally, UBS Group reaffirmed a “buy” rating and set a $117.00 price target on shares of Crown in a research report on Tuesday, October 21st.

Crown Stock Performance

Shares of NYSE CCK opened at $95.06 on Thursday. The company has a 50-day simple moving average of $96.18 and a 200-day simple moving average of $98.96. The company has a debt-to-equity ratio of 1.65, a current ratio of 1.16 and a quick ratio of 0.76. The company has a market cap of $10.97 billion, a PE ratio of 11.77, a price-to-earnings-growth ratio of 1.28 and a beta of 0.76. Crown has a 12 month low of $75.98 and a 12 month high of $109.48.

Crown (NYSE:CCK) last announced its earnings results on Monday, October 20th. The industrial products company reported $2.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.98 by $0.26. The firm had revenue of $3.20 billion for the quarter, compared to analyst estimates of $3.13 billion. Crown had a net margin of 7.79% and a return on equity of 26.86%. Crown’s revenue was up 4.2% compared to the same quarter last year. During the same quarter last year, the business earned $1.99 earnings per share. Crown has set its Q4 2025 guidance at 1.650-1.75 EPS and its FY 2025 guidance at 7.700-7.80 EPS. On average, equities analysts anticipate that Crown will post 6.96 earnings per share for the current year.

Crown Dividend Announcement

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

Institutional Investors Weigh In On Crown

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. State Street Corp lifted its stake in shares of Crown by 2.1% in the 3rd quarter. State Street Corp now owns 4,514,736 shares of the industrial products company’s stock valued at $436,078,000 after purchasing an additional 93,045 shares in the last quarter. AQR Capital Management LLC lifted its position in Crown by 36.9% during the third quarter. AQR Capital Management LLC now owns 3,467,550 shares of the industrial products company’s stock valued at $333,197,000 after buying an additional 933,938 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Crown by 5.3% during the second quarter. Bank of New York Mellon Corp now owns 3,300,662 shares of the industrial products company’s stock valued at $339,902,000 after buying an additional 165,600 shares in the last quarter. Franklin Resources Inc. grew its stake in Crown by 5.3% during the third quarter. Franklin Resources Inc. now owns 2,979,842 shares of the industrial products company’s stock worth $287,823,000 after buying an additional 149,700 shares during the period. Finally, Invesco Ltd. increased its position in shares of Crown by 58.6% in the second quarter. Invesco Ltd. now owns 2,727,276 shares of the industrial products company’s stock worth $280,855,000 after acquiring an additional 1,007,980 shares in the last quarter. 90.93% of the stock is currently owned by institutional investors and hedge funds.

Crown Company 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.