Crown Holdings, Inc. $CCK Shares Acquired by Andra AP fonden

Andra AP fonden increased its holdings in shares of Crown Holdings, Inc. (NYSE:CCK) by 341.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 92,200 shares of the industrial products company’s stock after acquiring an additional 71,300 shares during the quarter. Andra AP fonden owned about 0.08% of Crown worth $8,906,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of CCK. Harbor Capital Advisors Inc. increased its position in shares of Crown by 103.1% during the third quarter. Harbor Capital Advisors Inc. now owns 264 shares of the industrial products company’s stock worth $25,000 after acquiring an additional 134 shares during the period. Smartleaf Asset Management LLC grew its holdings in shares of Crown by 105.0% during the third quarter. Smartleaf Asset Management LLC now owns 289 shares of the industrial products company’s stock worth $28,000 after buying an additional 148 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in 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 buying an additional 111 shares during the period. Quent Capital LLC purchased a new position in Crown in the third quarter worth $34,000. Finally, Root Financial Partners LLC acquired a new stake in shares of Crown during the 3rd quarter valued at approximately $37,000. 90.93% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Crown

In other Crown news, CEO Timothy J. Donahue sold 29,024 shares of the business’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $105.00, for a total transaction of $3,047,520.00. Following the sale, the chief executive officer owned 411,556 shares in the company, valued at approximately $43,213,380. The trade was a 6.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Djalma Novaes, Jr. sold 29,734 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $114.80, for a total transaction of $3,413,463.20. Following the sale, the chief operating officer owned 88,052 shares in the company, valued at $10,108,369.60. This represents a 25.24% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 101,988 shares of company stock worth $10,964,122. 0.90% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

CCK has been the topic of several recent analyst reports. Mizuho upped their price objective on shares of Crown from $120.00 to $130.00 and gave the company an “outperform” rating in a research note on Thursday, February 5th. JPMorgan Chase & Co. downgraded shares of Crown from an “overweight” rating to a “neutral” rating and upped their price objective for the company from $112.00 to $155.00 in a research note on Friday, February 6th. Wells Fargo & Company upped their price target on shares of Crown from $106.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Friday, February 6th. Royal Bank Of Canada lifted their price target on shares of Crown from $120.00 to $140.00 and gave the company an “outperform” rating in a report on Monday, February 9th. Finally, Wolfe Research set a $115.00 price objective on Crown in a research note on Friday, February 6th. Eleven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $125.86.

Crown Stock Down 0.6%

Shares of NYSE:CCK opened at $114.68 on Friday. The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.66 and a current ratio of 1.03. The company’s fifty day moving average is $107.31 and its two-hundred day moving average is $100.58. The stock has a market capitalization of $13.23 billion, a price-to-earnings ratio of 18.00, a price-to-earnings-growth ratio of 1.34 and a beta of 0.73. Crown Holdings, Inc. has a 1-year low of $75.98 and a 1-year high of $116.62.

Crown (NYSE:CCK) last issued its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $1.74 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.05. Crown had a net margin of 5.97% and a return on equity of 26.68%. The firm had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $2.99 billion. During the same period last year, the firm posted $1.59 EPS. Crown’s quarterly revenue was up 7.7% compared to the same quarter last year. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q1 2026 guidance at 1.700-1.800 EPS. Equities analysts anticipate that Crown Holdings, Inc. will post 6.96 EPS for the current year.

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.