Nisa Investment Advisors LLC Has $283,000 Position in Crown Holdings, Inc. $CCK

Nisa Investment Advisors LLC lowered its holdings in Crown Holdings, Inc. (NYSE:CCK) by 84.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,746 shares of the industrial products company’s stock after selling 15,166 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Crown were worth $283,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its holdings in Crown by 226.7% during the third quarter. JPMorgan Chase & Co. now owns 1,474,038 shares of the industrial products company’s stock valued at $142,377,000 after purchasing an additional 1,022,789 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Crown by 58.6% in the 2nd quarter. Invesco Ltd. now owns 2,727,276 shares of the industrial products company’s stock worth $280,855,000 after buying an additional 1,007,980 shares in the last quarter. Swedbank AB lifted its position in shares of Crown by 60.8% during the 3rd quarter. Swedbank AB now owns 2,493,570 shares of the industrial products company’s stock worth $240,854,000 after buying an additional 943,045 shares during the period. AQR Capital Management LLC boosted its stake 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 buying an additional 933,938 shares in the last quarter. Finally, Albar Capital Partners LLP bought a new stake in Crown in the second quarter valued at $54,736,000. Institutional investors own 90.93% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on CCK. Weiss Ratings reiterated a “buy (b)” rating on shares of Crown in a research note on Friday, March 27th. Wells Fargo & Company lowered their target price on shares of Crown from $120.00 to $111.00 and set an “equal weight” rating on the stock in a report on Friday, March 20th. Royal Bank Of Canada increased their target price 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. UBS Group set a $126.00 price target on shares of Crown and gave the company a “neutral” rating in a report on Monday, February 9th. Finally, Truist Financial reaffirmed a “buy” rating and set a $135.00 price objective (up from $130.00) on shares of Crown in a research note on Friday, February 6th. Twelve investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $125.13.

Insider Buying and Selling

In other news, COO Djalma Novaes, Jr. sold 29,734 shares of the 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 directly owned 88,052 shares of the company’s stock, valued at $10,108,369.60. This represents a 25.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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 transaction of $830,025.00. Following the completion of the sale, the chief executive officer directly owned 474,736 shares of the company’s stock, valued at approximately $52,539,033.12. This represents a 1.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 44,734 shares of company stock worth $5,030,988 over the last quarter. 0.90% of the stock is owned by company insiders.

Crown Price Performance

Crown stock opened at $102.84 on Monday. The business’s fifty day moving average is $107.64 and its two-hundred day moving average is $101.71. 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 firm has a market cap of $11.54 billion, a P/E ratio of 16.14, a P/E/G ratio of 1.37 and a beta of 0.75. Crown Holdings, Inc. has a 52 week low of $75.98 and a 52 week high of $116.62.

Crown (NYSE:CCK) last announced its earnings results on Wednesday, February 4th. The industrial products company reported $1.74 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $2.99 billion. During the same period last year, the company posted $1.59 earnings per share. The firm’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 research analysts forecast that Crown Holdings, Inc. will post 6.96 earnings per share for the current fiscal year.

Crown Increases Dividend

The business also recently announced 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 dividend yield of 1.4%. The ex-dividend date of this dividend was Tuesday, March 17th. Crown’s payout ratio is presently 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.