Crown (NYSE:CCK) Raised to “Buy” at Wall Street Zen

Crown (NYSE:CCK) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Sunday.

CCK has been the topic of several other reports. UBS Group set a $126.00 price target on shares of Crown and gave the stock a “neutral” rating in a research report on Monday, February 9th. Morgan Stanley reissued an “overweight” rating on shares of Crown in a report on Friday, February 6th. Mizuho raised their target price on Crown from $120.00 to $130.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. Wolfe Research set a $115.00 target price on shares of Crown in a research report on Friday, February 6th. Finally, Truist Financial reissued a “buy” rating and issued a $135.00 price objective (up previously from $130.00) on shares of Crown in a report on Friday, February 6th. Ten research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $125.86.

Crown Stock Performance

Shares of NYSE CCK opened at $110.76 on Friday. Crown has a 1 year low of $75.98 and a 1 year high of $115.85. The firm has a market cap of $12.78 billion, a P/E ratio of 17.39, a PEG ratio of 1.29 and a beta of 0.73. The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.66 and a current ratio of 1.03. The stock has a fifty day moving average price of $104.33 and a two-hundred day moving average price of $99.59.

Crown (NYSE:CCK) last issued its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $1.74 earnings per share for the quarter, beating analysts’ consensus estimates of $1.69 by $0.05. The business had revenue of $3.13 billion during the quarter, compared to analyst estimates of $2.99 billion. Crown had a net margin of 5.97% and a return on equity of 26.68%. Crown’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.59 earnings per share. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q1 2026 guidance at 1.700-1.800 EPS. Research analysts forecast that Crown will post 6.96 EPS for the current fiscal year.

Insider Transactions at Crown

In other Crown news, CEO Timothy J. Donahue sold 7,500 shares of Crown stock in a transaction that occurred on Thursday, January 29th. The stock was sold at an average price of $105.00, for a total value of $787,500.00. Following the transaction, the chief executive officer directly owned 482,236 shares of the company’s stock, valued at $50,634,780. The trade was a 1.53% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Djalma Novaes, Jr. sold 19,754 shares of the stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $101.02, for a total transaction of $1,995,549.08. Following the completion of the sale, the chief operating officer owned 96,841 shares of the company’s stock, valued at approximately $9,782,877.82. The trade was a 16.94% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 64,754 shares of company stock worth $6,720,634. Company insiders own 0.90% of the company’s stock.

Institutional Investors Weigh In On Crown

Several large investors have recently made changes to their positions in CCK. State Street Corp boosted its holdings in Crown by 2.1% in the 3rd quarter. State Street Corp now owns 4,514,736 shares of the industrial products company’s stock valued at $436,078,000 after purchasing an additional 93,045 shares during the period. AQR Capital Management LLC raised its position in shares of Crown by 36.9% in the 3rd quarter. AQR Capital Management LLC now owns 3,467,550 shares of the industrial products company’s stock worth $333,197,000 after acquiring an additional 933,938 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of Crown by 5.3% during the second quarter. Bank of New York Mellon Corp now owns 3,300,662 shares of the industrial products company’s stock valued at $339,902,000 after purchasing an additional 165,600 shares in the last quarter. Franklin Resources Inc. raised its holdings in Crown by 5.3% in the third quarter. Franklin Resources Inc. now owns 2,979,842 shares of the industrial products company’s stock worth $287,823,000 after buying an additional 149,700 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in shares of Crown by 58.6% in the 2nd quarter. Invesco Ltd. now owns 2,727,276 shares of the industrial products company’s stock worth $280,855,000 after buying an additional 1,007,980 shares during the last quarter. Institutional investors and hedge funds own 90.93% of the company’s stock.

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.