UBS Group Has Lowered Expectations for Crown (NYSE:CCK) Stock Price

Crown (NYSE:CCK) had its price objective dropped by equities researchers at UBS Group from $126.00 to $120.00 in a research note issued on Friday,Benzinga reports. The brokerage presently has a “neutral” rating on the industrial products company’s stock. UBS Group’s price objective would suggest a potential upside of 12.13% from the stock’s current price.

Several other brokerages have also recently issued reports on CCK. Wolfe Research set a $115.00 price target on Crown in a research report on Friday, February 6th. Deutsche Bank Aktiengesellschaft began coverage on Crown in a research report on Wednesday, April 1st. They issued a “buy” rating and a $124.00 price target on the stock. Truist Financial restated a “buy” rating and issued a $135.00 price target (up from $130.00) on shares of Crown in a research report on Friday, February 6th. Mizuho boosted their price target on Crown from $120.00 to $130.00 and gave the company an “outperform” rating in a research report on Thursday, February 5th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Crown in a research report on Friday, March 27th. Twelve investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $124.73.

Crown Stock Performance

Shares of CCK stock opened at $107.01 on Friday. The stock has a market capitalization of $12.01 billion, a PE ratio of 16.80, a price-to-earnings-growth ratio of 1.76 and a beta of 0.75. Crown has a 52-week low of $80.64 and a 52-week high of $116.62. The stock’s 50-day moving average price is $107.74 and its 200 day moving average price is $102.03. The company has a quick ratio of 0.66, a current ratio of 1.03 and a debt-to-equity ratio of 1.55.

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 the consensus estimate of $1.69 by $0.05. The firm had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $2.99 billion. Crown had a return on equity of 26.68% and a net margin of 5.97%.The firm’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the firm 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. As a group, equities research analysts forecast that Crown will post 6.96 EPS for the current year.

Insider Buying and Selling

In other Crown news, CEO Timothy J. Donahue sold 7,500 shares of Crown stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $105.00, for a total value of $787,500.00. Following the sale, the chief executive officer owned 458,570 shares of the company’s stock, valued at approximately $48,149,850. The trade was a 1.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Djalma Novaes, Jr. sold 29,734 shares of Crown stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $114.80, for a total value of $3,413,463.20. Following the completion of the sale, the chief operating officer directly owned 88,052 shares in the company, valued at $10,108,369.60. This represents a 25.24% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 52,234 shares of company stock worth $5,818,488 in the last ninety days. 0.90% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Crown

A number of institutional investors have recently added to or reduced their stakes in CCK. Norges Bank purchased a new stake in Crown in the 4th quarter valued at approximately $158,288,000. Fuller & Thaler Asset Management Inc. purchased a new stake in shares of Crown during the 4th quarter worth approximately $127,230,000. JPMorgan Chase & Co. boosted its stake in shares of Crown by 226.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,474,038 shares of the industrial products company’s stock worth $142,377,000 after acquiring an additional 1,022,789 shares in the last quarter. Swedbank AB boosted its stake 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 acquiring an additional 943,045 shares in the last quarter. Finally, AQR Capital Management LLC boosted its stake in shares of Crown by 36.9% during the 3rd quarter. AQR Capital Management LLC now owns 3,467,550 shares of the industrial products company’s stock worth $333,197,000 after acquiring an additional 933,938 shares in the last quarter. Hedge funds and other institutional investors own 90.93% of the company’s stock.

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.