Crown Holdings, Inc. $CCK Shares Bought by Ritholtz Wealth Management

Ritholtz Wealth Management raised its holdings in Crown Holdings, Inc. (NYSE:CCK) by 43.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 26,624 shares of the industrial products company’s stock after acquiring an additional 8,081 shares during the quarter. Ritholtz Wealth Management’s holdings in Crown were worth $2,742,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of CCK. Harbor Capital Advisors Inc. lifted its holdings in Crown by 103.1% in the third quarter. Harbor Capital Advisors Inc. now owns 264 shares of the industrial products company’s stock valued at $25,000 after acquiring an additional 134 shares during the period. Smartleaf Asset Management LLC increased its position in shares of Crown by 105.0% in the third quarter. Smartleaf Asset Management LLC now owns 289 shares of the industrial products company’s stock valued at $28,000 after buying an additional 148 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in shares of Crown in the third quarter valued at $29,000. ORG Partners LLC increased its position in shares of Crown by 52.5% in the fourth quarter. ORG Partners LLC now owns 305 shares of the industrial products company’s stock valued at $31,000 after buying an additional 105 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its position in shares of Crown by 45.3% in the first 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 in the last quarter. Institutional investors and hedge funds own 90.93% of the company’s stock.

Crown Stock Up 0.1%

CCK opened at $107.01 on Monday. The company has a debt-to-equity ratio of 1.55, a current ratio of 1.03 and a quick ratio of 0.66. The stock has a market capitalization of $12.01 billion, a price-to-earnings ratio of 16.80, a price-to-earnings-growth ratio of 1.76 and a beta of 0.75. The business has a 50-day moving average of $107.74 and a two-hundred day moving average of $102.07. Crown Holdings, Inc. has a 12 month low of $80.64 and a 12 month high of $116.62.

Crown (NYSE:CCK) last posted its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $1.74 EPS for the quarter, beating the consensus estimate 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 return on equity of 26.68% and a net margin of 5.97%.The firm’s revenue was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $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, research analysts expect 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 issued a $0.35 dividend. This is a positive change from Crown’s previous quarterly dividend of $0.26. The ex-dividend date was Tuesday, March 17th. This represents a $1.40 annualized dividend and a yield of 1.3%. Crown’s dividend payout ratio (DPR) is presently 21.98%.

Insider Activity

In other Crown news, COO Djalma Novaes, Jr. sold 29,734 shares of Crown 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 completion of the sale, the chief operating officer owned 88,052 shares in the company, valued at $10,108,369.60. The trade was a 25.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Timothy J. Donahue sold 7,500 shares of Crown stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of $105.00, for a total value of $787,500.00. Following the completion of the sale, the chief executive officer owned 458,570 shares of the company’s stock, valued at $48,149,850. This trade represents a 1.61% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 52,234 shares of company stock valued at $5,818,488 in the last 90 days. 0.90% of the stock is owned by company insiders.

Analyst Ratings Changes

CCK has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft initiated coverage on Crown in a research report on Wednesday, April 1st. They issued a “buy” rating and a $124.00 price target for the company. 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. UBS Group dropped their price target on Crown from $126.00 to $120.00 and set a “neutral” rating for the company in a research report on Friday. Jefferies Financial Group restated a “buy” rating on shares of Crown in a research report on Monday, February 23rd. Finally, Wall Street Zen upgraded Crown from a “hold” rating to a “buy” rating in a research report on Sunday, April 5th. Twelve research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $124.73.

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.