Crown (NYSE:CCK) Downgraded by JPMorgan Chase & Co. to “Neutral”

JPMorgan Chase & Co. downgraded shares of Crown (NYSE:CCK) from an overweight rating to a neutral rating in a report released on Wednesday, MarketBeat.com reports. JPMorgan Chase & Co. currently has $121.00 price target on the industrial products company’s stock, up from their prior price target of $107.00.

A number of other equities research analysts have also issued reports on CCK. Weiss Ratings reiterated a “buy (b-)” rating on shares of Crown in a research note on Wednesday, July 8th. Raymond James Financial boosted their price objective on Crown from $125.00 to $135.00 and gave the company an “outperform” rating in a research report on Wednesday, July 15th. Royal Bank Of Canada increased their target price on Crown from $129.00 to $131.00 and gave the stock an “outperform” rating in a research report on Thursday, July 9th. Jefferies Financial Group set a $121.00 target price on Crown in a research note on Wednesday. Finally, Mizuho boosted their price target on Crown from $130.00 to $135.00 and gave the stock an “outperform” rating in a report on Tuesday. Eleven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, Crown has an average rating of “Moderate Buy” and an average price target of $127.93.

Crown Stock Down 1.4%

Shares of Crown stock opened at $116.37 on Wednesday. The company has a market cap of $13.00 billion, a price-to-earnings ratio of 16.74, a price-to-earnings-growth ratio of 1.88 and a beta of 0.60. The company’s 50 day moving average is $103.86 and its 200 day moving average is $105.00. Crown has a twelve month low of $89.21 and a twelve month high of $121.76. The company has a quick ratio of 0.70, a current ratio of 1.05 and a debt-to-equity ratio of 1.63.

Crown (NYSE:CCK) last announced its earnings results on Monday, July 20th. The industrial products company reported $2.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.16 by $0.33. Crown had a return on equity of 27.33% and a net margin of 5.91%.The business had revenue of $3.67 billion for the quarter, compared to analysts’ expectations of $3.37 billion. During the same period last year, the firm posted $2.15 earnings per share. The business’s revenue for the quarter was up 16.5% on a year-over-year basis. Crown has set its Q3 2026 guidance at 2.200-2.30 EPS and its FY 2026 guidance at 8.300-8.50 EPS. Research analysts anticipate that Crown will post 8.45 EPS for the current year.

Crown Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, May 28th. Stockholders of record on Thursday, May 14th were paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Thursday, May 14th. Crown’s payout ratio is currently 20.14%.

Insider Transactions at Crown

In related news, CEO Timothy J. Donahue sold 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $105.00, for a total value of $1,575,000.00. Following the completion of the sale, the chief executive officer 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 document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.90% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Crown

Several institutional investors have recently bought and sold shares of the business. Royal Bank of Canada increased its position in shares of Crown by 24.1% during the first 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 boosted its position 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 worth $367,000 after purchasing an additional 1,161 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in Crown during the 1st quarter worth $111,000. NewEdge Advisors LLC increased its position in Crown by 6.3% during the 1st quarter. NewEdge Advisors LLC now owns 5,917 shares of the industrial products company’s stock valued at $528,000 after buying an additional 351 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its position in Crown by 23.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 666,262 shares of the industrial products company’s stock valued at $59,471,000 after buying an additional 127,737 shares in the last quarter. 90.93% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Crown

Here are the key news stories impacting Crown this week:

• Positive Sentiment: Crown Holdings reported Q2 earnings above expectations and lifted its 2026 guidance, signaling stronger demand and better profitability ahead. CCK Q2 Earnings Beat on Strong Beverage Can Volumes, ’26 View Raised
• Positive Sentiment: Analysts at Truist, Wells Fargo, Robert W. Baird, and Mizuho all raised price targets, reflecting confidence in Crown Holdings’ earnings outlook and valuation. Analyst price target changes
• Neutral Sentiment: JPMorgan downgraded the stock to neutral, but still increased its price target, suggesting the company’s fundamentals remain solid even if upside may be more limited from here. JPMorgan downgrade and target increase
• Neutral Sentiment: Seeking Alpha and earnings-call coverage highlighted a cautiously upbeat tone from management, with investors watching how growth and cash flow trends develop after the strong quarter. CCK Q2 2026 Earnings Call Transcript
• Negative Sentiment: Some commentary argues Crown Holdings has healthy earnings momentum but limited further upside, which could temper enthusiasm after the recent run-up. Crown Holdings: Healthy Earnings Outlook, Yet Limited Upside Ahead

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.