California Public Employees Retirement System Has $27.32 Million Holdings in Crown Holdings, Inc. $CCK

California Public Employees Retirement System decreased its stake in shares of Crown Holdings, Inc. (NYSE:CCK) by 2.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 272,565 shares of the industrial products company’s stock after selling 7,987 shares during the period. California Public Employees Retirement System owned approximately 0.24% of Crown worth $27,325,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Royal Bank of Canada increased its holdings in Crown by 24.1% during the 1st quarter. Royal Bank of Canada now owns 48,920 shares of the industrial products company’s stock worth $4,367,000 after purchasing an additional 9,497 shares in the last quarter. Integrated Wealth Concepts LLC raised its stake in shares of Crown by 39.4% in the 1st quarter. Integrated Wealth Concepts LLC now owns 4,109 shares of the industrial products company’s stock valued at $367,000 after purchasing an additional 1,161 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Crown in the first quarter valued at about $111,000. NewEdge Advisors LLC lifted its holdings in shares of Crown by 6.3% in the first quarter. NewEdge Advisors LLC now owns 5,917 shares of the industrial products company’s stock valued at $528,000 after purchasing an additional 351 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in shares of Crown by 23.7% during the first quarter. Goldman Sachs Group Inc. now owns 666,262 shares of the industrial products company’s stock worth $59,471,000 after buying an additional 127,737 shares during the period. 90.93% of the stock is currently owned by institutional investors and hedge funds.

Key Crown News

Here are the key news stories impacting Crown this week:

• Positive Sentiment: Crown Holdings reported Q2 EPS of $2.49, topping estimates of $2.15, on revenue of $3.67 billion versus expectations of $3.37 billion. Crown Holdings, Inc. Reports Second Quarter 2026 Results
• Positive Sentiment: The company said global beverage can volumes rose 5%, signaling improving demand in a key end market for Crown’s packaging products. Crown Holdings Posts Higher Sales As Global Beverage Can Volumes Rise
• Positive Sentiment: Crown raised its FY2026 adjusted EPS guidance to $8.30-$8.50, above prior expectations, which supports the case for stronger earnings momentum ahead. CCK Q2 Earnings Beat on Strong Beverage Can Volumes, ’26 View Raised
• Positive Sentiment: Mizuho raised its price target on Crown to $135 from $130 and kept an outperform rating, reflecting a more constructive view on the stock’s upside. Benzinga report on Mizuho price target increase
• Neutral Sentiment: The earnings call transcript may provide additional detail on margins, demand trends, and guidance, but the headline takeaways already point to a solid quarter. Crown Holdings, Inc. (CCK) Q2 2026 Earnings Call Transcript

Insider Buying and Selling at Crown

In related news, CEO Timothy J. Donahue sold 15,000 shares of the business’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $105.00, for a total transaction of $1,575,000.00. Following the transaction, the chief executive officer directly owned 436,070 shares in the company, valued at approximately $45,787,350. The trade was a 3.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.90% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on CCK shares. Weiss Ratings reissued a “buy (b-)” rating on shares of Crown in a research report on Wednesday, July 8th. DA Davidson reduced their price target on Crown from $115.00 to $107.00 and set a “neutral” rating for the company in a research report on Wednesday, May 13th. Truist Financial decreased their price target on shares of Crown from $135.00 to $129.00 and set a “buy” rating for the company in a research note on Wednesday, April 15th. Citigroup lifted their price objective on shares of Crown from $127.00 to $129.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Finally, JPMorgan Chase & Co. raised shares of Crown from a “neutral” rating to an “overweight” rating and set a $107.00 price objective on the stock in a research report on Monday, May 18th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $124.40.

Crown Price Performance

NYSE:CCK opened at $118.00 on Wednesday. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.70 and a current ratio of 1.12. The stock’s 50-day simple moving average is $103.54 and its 200 day simple moving average is $104.90. The company has a market cap of $13.19 billion, a P/E ratio of 16.98, a P/E/G ratio of 1.91 and a beta of 0.60. Crown Holdings, Inc. has a 52-week low of $89.21 and a 52-week high of $121.76.

Crown (NYSE:CCK) last issued its quarterly earnings results on Monday, July 20th. The industrial products company reported $2.49 EPS for the quarter, beating the consensus estimate of $2.16 by $0.33. The firm had revenue of $3.67 billion during the quarter, compared to analysts’ expectations of $3.37 billion. Crown had a return on equity of 27.14% and a net margin of 5.91%.During the same period in the prior year, the firm posted $2.15 earnings per share. Crown has set its Q3 2026 guidance at 2.200-2.30 EPS and its FY 2026 guidance at 8.300-8.50 EPS. As a group, sell-side analysts forecast that Crown Holdings, Inc. will post 8.06 EPS for the current fiscal year.

Crown Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 28th. Investors of record on Thursday, May 14th were paid a $0.35 dividend. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $1.40 annualized dividend and a dividend yield of 1.2%. Crown’s dividend payout ratio (DPR) is currently 22.29%.

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.