Truist Financial Lowers Crown (NYSE:CCK) Price Target to $129.00

Crown (NYSE:CCK) had its price objective reduced by equities researchers at Truist Financial from $135.00 to $129.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the industrial products company’s stock. Truist Financial’s price objective would indicate a potential upside of 23.56% from the company’s current price.

CCK has been the topic of a number of other research reports. Citigroup lowered their target price on Crown from $128.00 to $127.00 and set a “buy” rating on the stock in a report on Monday. Jefferies Financial Group restated a “buy” rating on shares of Crown in a report on Monday, February 23rd. Deutsche Bank Aktiengesellschaft started coverage on Crown in a report on Wednesday, April 1st. They set a “buy” rating and a $124.00 price objective on the stock. Wall Street Zen upgraded Crown from a “hold” rating to a “buy” rating in a report on Sunday, April 5th. Finally, UBS Group decreased their price objective on Crown from $126.00 to $120.00 and set a “neutral” rating on the stock in a report on Friday, April 10th. Twelve research 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 company presently has an average rating of “Moderate Buy” and a consensus target price of $124.40.

Crown Price Performance

Shares of NYSE:CCK opened at $104.41 on Wednesday. The business’s fifty day moving average price is $107.26 and its two-hundred day moving average price is $102.26. The stock has a market cap of $11.72 billion, a PE ratio of 16.39, a price-to-earnings-growth ratio of 1.72 and a beta of 0.75. The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.66 and a current ratio of 1.03. Crown has a one year low of $83.23 and a one year high of $116.62.

Crown (NYSE:CCK) last announced its earnings results on Wednesday, February 4th. The industrial products company reported $1.74 EPS for the quarter, beating analysts’ consensus estimates 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%.Crown’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the firm 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, analysts forecast that Crown will post 6.96 EPS for the current fiscal year.

Insider Buying and Selling at Crown

In related news, CEO Timothy J. Donahue sold 7,500 shares of the stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $106.85, for a total value of $801,375.00. Following the transaction, the chief executive officer directly owned 451,070 shares of the company’s stock, valued at approximately $48,196,829.50. This trade represents a 1.64% decrease in their position. The sale was disclosed in a filing with the SEC, 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 the stock in a transaction on 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 transaction, the chief operating officer directly owned 88,052 shares in the company, valued at $10,108,369.60. This trade represents a 25.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 59,734 shares of company stock worth $6,619,863 over the last ninety days. Corporate insiders own 0.90% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in CCK. Hennessy Advisors Inc. acquired a new position in Crown in the third quarter worth about $43,417,000. CWM LLC grew its stake in Crown by 73.3% in the third quarter. CWM LLC now owns 72,075 shares of the industrial products company’s stock worth $6,962,000 after purchasing an additional 30,488 shares in the last quarter. AEGON ASSET MANAGEMENT UK Plc acquired a new position in Crown in the third quarter worth about $15,472,000. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund grew its stake in Crown by 235.5% in the third quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 25,500 shares of the industrial products company’s stock worth $2,463,000 after purchasing an additional 17,900 shares in the last quarter. Finally, Nordea Investment Management AB grew its stake in Crown by 2.2% in the fourth quarter. Nordea Investment Management AB now owns 1,666,360 shares of the industrial products company’s stock worth $171,668,000 after purchasing an additional 36,540 shares in the last quarter. 90.93% of the stock is owned by hedge funds and other institutional investors.

Crown News Roundup

Here are the key news stories impacting Crown this week:

• Positive Sentiment: Recent quarterly results and outlook came in stronger than feared: Q4 EPS of $1.74 beat estimates, revenue of $3.13B topped expectations, revenue grew ~7.7% year/year, and management set FY2026 EPS guidance of $7.90–$8.30 (Q1 guidance $1.70–$1.80). That supports longer‑term earnings visibility. MarketBeat: CCK
• Positive Sentiment: Crown recently raised its quarterly dividend to $0.35 (from $0.26), increasing yield and returning cash to shareholders — a shareholder‑friendly move that can support valuation. Dividend article
• Positive Sentiment: Institutional ownership and recent inflows are notable (several managers added positions in the latest quarter), which can provide support to the stock during volatility. Institutional holdings
• Neutral Sentiment: CEO Timothy Donahue sold 7,500 shares at an average $106.85 under a pre‑arranged Rule 10b5‑1 plan (a ~1.6% reduction of his holding). The sale is disclosed to the SEC and appears to be part of an automated plan, which typically reduces immediate governance concerns. InsiderTrades: CEO sale
• Negative Sentiment: Multiple analysts trimmed price targets or adjusted ratings this week (Wells Fargo cut its PT to $109; Citigroup lowered its PT to $127; Truist trimmed its PT from $135 to $129 while keeping a buy). Those revisions increase near‑term selling pressure and recalibrate expectations. Wells Fargo PT cut Citigroup PT cut Truist note

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.