Crown Holdings, Inc. $CCK Shares Bought by Deprince Race & Zollo Inc.

Deprince Race & Zollo Inc. lifted its holdings in shares of Crown Holdings, Inc. (NYSE:CCK) by 23.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 267,647 shares of the industrial products company’s stock after buying an additional 50,495 shares during the period. Deprince Race & Zollo Inc. owned approximately 0.23% of Crown worth $25,852,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Vinva Investment Management Ltd lifted its position in shares of Crown by 152.9% during the 2nd quarter. Vinva Investment Management Ltd now owns 194,348 shares of the industrial products company’s stock valued at $20,393,000 after acquiring an additional 117,494 shares during the period. Greenland Capital Management LP purchased a new position in Crown in the 2nd quarter valued at approximately $589,000. Inspire Investing LLC acquired a new position in Crown during the first quarter worth $762,000. Andra AP fonden raised its holdings in Crown by 52.6% during the second quarter. Andra AP fonden now owns 20,900 shares of the industrial products company’s stock worth $2,152,000 after purchasing an additional 7,200 shares during the last quarter. Finally, Chicago Partners Investment Group LLC grew its holdings in Crown by 94.3% in the second quarter. Chicago Partners Investment Group LLC now owns 5,793 shares of the industrial products company’s stock valued at $610,000 after purchasing an additional 2,812 shares during the last quarter. Hedge funds and other institutional investors own 90.93% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on CCK shares. UBS Group reaffirmed a “buy” rating and set a $117.00 price target on shares of Crown in a research note on Tuesday, October 21st. Citigroup dropped their target price on shares of Crown from $135.00 to $124.00 and set a “buy” rating for the company in a report on Monday, September 29th. Royal Bank Of Canada upped their price target on shares of Crown from $116.00 to $120.00 and gave the company an “outperform” rating in a report on Wednesday, October 22nd. Raymond James Financial reissued an “outperform” rating and set a $115.00 price objective (up from $110.00) on shares of Crown in a research note on Wednesday, October 22nd. Finally, Mizuho upped their target price on Crown from $116.00 to $120.00 and gave the company an “outperform” rating in a research note on Tuesday, October 21st. Twelve investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $118.08.

Crown Stock Up 0.2%

Shares of NYSE CCK opened at $102.88 on Friday. The firm has a market cap of $11.87 billion, a P/E ratio of 12.73, a price-to-earnings-growth ratio of 1.40 and a beta of 0.76. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.76 and a current ratio of 1.16. Crown Holdings, Inc. has a 1 year low of $75.98 and a 1 year high of $109.48. The firm’s 50 day moving average price is $98.33 and its 200 day moving average price is $99.23.

Crown (NYSE:CCK) last issued its quarterly earnings results on Monday, October 20th. The industrial products company reported $2.24 earnings per share for the quarter, beating the consensus estimate of $1.98 by $0.26. Crown had a return on equity of 26.86% and a net margin of 7.79%.The company 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 firm posted $1.99 EPS. Crown’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 and its FY 2025 guidance at 7.700-7.80 EPS. As a group, sell-side analysts anticipate that Crown Holdings, Inc. will post 6.96 earnings per share for the current year.

Crown Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 20th. Shareholders of record on Thursday, November 6th were paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Thursday, November 6th. Crown’s dividend payout ratio (DPR) is presently 12.87%.

Insider Activity

In other news, COO Djalma Novaes, Jr. sold 19,754 shares of the company’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $101.02, for a total transaction of $1,995,549.08. Following the completion of the transaction, the chief operating officer owned 96,841 shares of the company’s stock, valued at $9,782,877.82. This represents a 16.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Timothy J. Donahue sold 8,476 shares of the stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $105.01, for a total transaction of $890,064.76. Following the transaction, the chief executive officer owned 440,580 shares in the company, valued at approximately $46,265,305.80. The trade was a 1.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.90% of the stock is owned by insiders.

About Crown

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.