Truist Financial restated their buy rating on shares of Crown (NYSE:CCK – Free Report) in a research report sent to investors on Wednesday morning,Benzinga reports. They currently have a $141.00 price target on the industrial products company’s stock, up from their prior price target of $129.00.
A number of other research firms have also issued reports on CCK. JPMorgan Chase & Co. lowered shares of Crown from an “overweight” rating to a “neutral” rating and raised their target price for the company from $107.00 to $121.00 in a research note on Wednesday. Jefferies Financial Group set a $121.00 target price on shares of Crown in a research report on Wednesday. Weiss Ratings restated a “buy (b-)” rating on shares of Crown in a report on Wednesday, July 8th. BMO Capital Markets raised their price target on Crown from $130.00 to $135.00 and gave the company an “outperform” rating in a research report on Wednesday. Finally, Citigroup lifted their price objective on Crown from $127.00 to $129.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Eleven analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $127.93.
View Our Latest Research Report on CCK
Crown Trading Down 1.4%
Crown (NYSE:CCK – Get Free Report) last announced 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. Crown had a return on equity of 27.33% and a net margin of 5.91%.The company had revenue of $3.67 billion for the quarter, compared to the consensus estimate of $3.37 billion. During the same quarter last year, the company posted $2.15 earnings per share. The company’s revenue for the quarter was up 16.5% compared to the same quarter last year. Crown has set its Q3 2026 guidance at 2.200-2.30 EPS and its FY 2026 guidance at 8.300-8.50 EPS. Analysts expect that Crown will post 8.45 EPS for the current fiscal year.
Crown Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, May 28th. Investors of record on Thursday, May 14th were paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.2%. The ex-dividend date was Thursday, May 14th. Crown’s dividend payout ratio is presently 20.14%.
Insiders Place Their Bets
In other Crown news, CEO Timothy J. Donahue sold 15,000 shares of the stock in a transaction on Tuesday, June 23rd. The shares were 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 directly owned 436,070 shares of the company’s stock, valued at $45,787,350. This represents a 3.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.90% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in CCK. Caitong International Asset Management Co. Ltd bought a new stake in shares of Crown in the third quarter valued at about $29,000. ORG Partners LLC increased its stake in Crown by 52.5% during the fourth quarter. ORG Partners LLC now owns 305 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 105 shares during the period. Geneos Wealth Management Inc. increased its stake in Crown by 45.3% during the first quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 111 shares during the period. BOK Financial Private Wealth Inc. acquired a new position in Crown in the 4th quarter valued at approximately $42,000. Finally, Smartleaf Asset Management LLC raised its holdings in Crown by 52.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 440 shares of the industrial products company’s stock valued at $46,000 after acquiring an additional 151 shares in the last quarter. Institutional investors and hedge funds own 90.93% of the company’s stock.
Key Crown News
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.
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