Compagnie Lombard Odier SCmA Grows Stock Position in Crown Holdings, Inc. $CCK

Compagnie Lombard Odier SCmA lifted its position in shares of Crown Holdings, Inc. (NYSE:CCK) by 79.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,672 shares of the industrial products company’s stock after purchasing an additional 5,600 shares during the period. Compagnie Lombard Odier SCmA’s holdings in Crown were worth $1,305,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. State Street Corp increased 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 worth $436,078,000 after acquiring an additional 93,045 shares in the last quarter. AQR Capital Management LLC lifted its position in Crown by 36.9% in the 3rd quarter. AQR Capital Management LLC now owns 3,467,550 shares of the industrial products company’s stock valued at $333,197,000 after acquiring an additional 933,938 shares in the last quarter. Franklin Resources Inc. boosted its position in shares of Crown by 5.3% during the third quarter. Franklin Resources Inc. now owns 2,979,842 shares of the industrial products company’s stock valued at $287,823,000 after buying an additional 149,700 shares during the last quarter. Invesco Ltd. grew its stake 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 during the period. Finally, Swedbank AB grew its position in Crown by 60.8% in the 3rd quarter. Swedbank AB now owns 2,493,570 shares of the industrial products company’s stock worth $240,854,000 after purchasing an additional 943,045 shares during the period. 90.93% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on CCK. Wells Fargo & Company lowered their price objective on Crown from $120.00 to $111.00 and set an “equal weight” rating on the stock in a research report on Friday, March 20th. Deutsche Bank Aktiengesellschaft started coverage on Crown in a research report on Wednesday. They set a “buy” rating and a $124.00 price objective for the company. Wolfe Research set a $115.00 price objective on shares of Crown in a research report on Friday, February 6th. JPMorgan Chase & Co. downgraded Crown from an “overweight” rating to a “neutral” rating and boosted their target price for the company from $112.00 to $155.00 in a research report on Friday, February 6th. Finally, Royal Bank Of Canada increased their price objective on shares of Crown from $120.00 to $140.00 and gave the stock an “outperform” rating in a research report on Monday, February 9th. Twelve investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $125.13.

Insider Activity

In related news, COO Djalma Novaes, Jr. sold 29,734 shares of the stock in a transaction 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 completion of 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Timothy J. Donahue sold 7,500 shares of the stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $110.67, for a total value of $830,025.00. Following the sale, the chief executive officer directly owned 474,736 shares of the company’s stock, valued at $52,539,033.12. The trade was a 1.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 73,758 shares of company stock worth $8,078,508 in the last three months. Corporate insiders own 0.90% of the company’s stock.

Crown Trading Down 0.9%

Crown stock opened at $102.84 on Friday. The firm has a market cap of $11.54 billion, a PE ratio of 16.14, a P/E/G ratio of 1.22 and a beta of 0.75. The company has a current ratio of 1.03, a quick ratio of 0.66 and a debt-to-equity ratio of 1.55. The stock’s 50 day simple moving average is $107.67 and its two-hundred day simple moving average is $101.57. Crown Holdings, Inc. has a 12 month low of $75.98 and a 12 month high of $116.62.

Crown (NYSE:CCK) last posted its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $1.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $0.05. Crown had a return on equity of 26.68% and a net margin of 5.97%.The company had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $2.99 billion. During the same period in the previous year, the firm posted $1.59 EPS. Crown’s 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. Analysts anticipate that Crown Holdings, Inc. will post 6.96 earnings per share for the current year.

Crown Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th were paid a $0.35 dividend. This is a boost from Crown’s previous quarterly dividend of $0.26. This represents a $1.40 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Tuesday, March 17th. Crown’s payout ratio is 21.98%.

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.