Crown (NYSE:CCK) Upgraded to “Buy” at Wall Street Zen

Crown (NYSE:CCK) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Sunday.

A number of other analysts have also recently commented on the stock. Truist Financial reaffirmed a “buy” rating and set a $135.00 target price (up from $130.00) on shares of Crown in a report on Friday, February 6th. Morgan Stanley reissued an “overweight” rating on shares of Crown in a research report on Friday, February 6th. Wolfe Research set a $115.00 price objective on Crown in a research note on Friday, February 6th. Mizuho lifted their target price on Crown from $120.00 to $130.00 and gave the company an “outperform” rating in a research report on Thursday, February 5th. Finally, UBS Group set a $126.00 target price on shares of Crown and gave the stock a “neutral” rating in a report on Monday, February 9th. Twelve equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, Crown has a consensus rating of “Moderate Buy” and a consensus price target of $125.13.

Crown Stock Performance

Shares of CCK opened at $102.84 on Friday. The company has a debt-to-equity ratio of 1.55, a current ratio of 1.03 and a quick ratio of 0.66. Crown has a one year low of $75.98 and a one year high of $116.62. The company has a 50-day simple moving average of $107.64 and a two-hundred day simple moving average of $101.66. The firm has a market capitalization of $11.54 billion, a PE ratio of 16.14, a price-to-earnings-growth ratio of 1.37 and a beta of 0.75.

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

Insiders Place Their Bets

In related news, COO Djalma Novaes, Jr. sold 29,734 shares of the business’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $114.80, for a total value of $3,413,463.20. Following the sale, the chief operating officer directly owned 88,052 shares in the company, valued at approximately $10,108,369.60. The trade was a 25.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Timothy J. Donahue sold 7,500 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $110.67, for a total value of $830,025.00. Following the transaction, the chief executive officer owned 474,736 shares of the company’s stock, valued at $52,539,033.12. This represents a 1.56% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 73,758 shares of company stock worth $8,078,508. 0.90% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Harbor Capital Advisors Inc. increased its position in Crown by 103.1% in the third quarter. Harbor Capital Advisors Inc. now owns 264 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 134 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in Crown by 105.0% during the third quarter. Smartleaf Asset Management LLC now owns 289 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 148 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in shares of Crown in the 3rd quarter worth $29,000. ORG Partners LLC increased its holdings in shares of Crown by 52.5% in the 4th quarter. ORG Partners LLC now owns 305 shares of the industrial products company’s stock worth $31,000 after buying an additional 105 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in shares of Crown by 45.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock worth $32,000 after buying an additional 111 shares during the last quarter. 90.93% of the stock is currently owned by institutional investors.

Crown Company 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.