Crown Holdings, Inc. (NYSE:CCK – Get Free Report) has earned an average rating of “Moderate Buy” from the seventeen brokerages that are covering the firm, Marketbeat.com reports. Six research analysts have rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $128.20.
CCK has been the subject of a number of analyst reports. Wall Street Zen upgraded Crown from a “hold” rating to a “buy” rating in a research report on Saturday, June 20th. Truist Financial reiterated a “buy” rating and set a $141.00 price objective (up from $129.00) on shares of Crown in a research report on Wednesday, July 22nd. JPMorgan Chase & Co. lowered Crown from an “overweight” rating to a “neutral” rating and boosted their price objective for the stock from $107.00 to $121.00 in a research note on Wednesday, July 22nd. UBS Group upped their target price on Crown from $115.00 to $123.00 and gave the company a “neutral” rating in a report on Wednesday. Finally, Royal Bank Of Canada lifted their price target on Crown from $131.00 to $135.00 and gave the stock an “outperform” rating in a report on Friday.
Crown Stock Performance
Crown (NYSE:CCK – Get Free Report) last announced its quarterly earnings data on Monday, July 20th. The industrial products company reported $2.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.16 by $0.33. Crown had a net margin of 5.91% and a return on equity of 27.33%. The company had revenue of $3.67 billion during the quarter, compared to analysts’ expectations of $3.37 billion. During the same quarter in the prior year, the company earned $2.15 EPS. Crown’s revenue 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. On average, sell-side analysts forecast that Crown will post 8.39 earnings per share for the current fiscal year.
Crown Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Thursday, August 6th will be issued a $0.35 dividend. The ex-dividend date of this dividend is Thursday, August 6th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.2%. Crown’s dividend payout ratio is currently 20.14%.
Key Crown News
Here are the key news stories impacting Crown this week:
- Positive Sentiment: Royal Bank of Canada raised its price target on Crown Holdings to $135 from $131 and reiterated an outperform rating, suggesting meaningful upside from current levels. Benzinga report
- Positive Sentiment: Crown Holdings declared a quarterly dividend of $0.35 per share, which can appeal to income-focused investors and signals continued shareholder returns. Press release
- Positive Sentiment: Several analysts remained constructive after the earnings beat, including Truist reaffirming Buy and Wells Fargo lifting its price target to $127, which adds to the bullish tone around the stock. Article
- Neutral Sentiment: UBS reportedly kept a Hold rating, indicating some analysts see the shares as fairly valued after the recent rally. UBS Hold report
- Negative Sentiment: J.P. Morgan reportedly downgraded Crown to Neutral after the strong run-up, which may reflect concerns that much of the good news is already priced in. Seeking Alpha report
Insider Transactions at Crown
In other Crown news, CEO Timothy J. Donahue sold 15,000 shares of Crown stock in a transaction dated 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 of the company’s stock, valued at $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. Insiders own 0.90% of the company’s stock.
Institutional Trading of Crown
Hedge funds and other institutional investors have recently made changes to their positions in the company. Root Financial Partners LLC lifted its holdings in Crown by 23.8% in the fourth quarter. Root Financial Partners LLC now owns 473 shares of the industrial products company’s stock valued at $49,000 after acquiring an additional 91 shares during the last quarter. Parallel Advisors LLC increased its stake in Crown by 12.5% during the fourth quarter. Parallel Advisors LLC now owns 934 shares of the industrial products company’s stock worth $96,000 after acquiring an additional 104 shares during the last quarter. 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 worth $31,000 after acquiring an additional 105 shares during the last quarter. Geneos Wealth Management Inc. raised its position in 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 purchasing an additional 111 shares during the period. Finally, Siemens Fonds Invest GmbH raised its position in Crown by 7.7% in the third quarter. Siemens Fonds Invest GmbH now owns 1,626 shares of the industrial products company’s stock valued at $157,000 after purchasing an additional 116 shares during the period. Institutional investors and hedge funds own 90.93% of the company’s stock.
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.
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