Crown (NYSE:CCK) CEO Sells $830,025.00 in Stock

Crown Holdings, Inc. (NYSE:CCKGet Free Report) CEO Timothy Donahue sold 7,500 shares of the business’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $110.67, for a total value of $830,025.00. Following the sale, the chief executive officer owned 474,736 shares of the company’s stock, valued at approximately $52,539,033.12. This represents a 1.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Crown Stock Performance

CCK opened at $114.80 on Friday. The company has a current ratio of 1.03, a quick ratio of 0.66 and a debt-to-equity ratio of 1.55. The company has a market cap of $13.24 billion, a price-to-earnings ratio of 18.02, a PEG ratio of 1.34 and a beta of 0.73. The company’s 50 day moving average is $106.03 and its 200 day moving average is $100.08. Crown Holdings, Inc. has a 12-month low of $75.98 and a 12-month high of $115.85.

Crown (NYSE:CCKGet Free Report) last announced its earnings results on Wednesday, February 4th. The industrial products company reported $1.74 EPS 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 analysts’ expectations of $2.99 billion. Crown had a net margin of 5.97% and a return on equity of 26.68%. The firm’s revenue was up 7.7% on a year-over-year basis. During the same period in the prior year, the company earned $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. On average, equities research analysts predict that Crown Holdings, Inc. will post 6.96 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Wolfe Research set a $115.00 price objective on Crown in a research report on Friday, February 6th. Wells Fargo & Company lifted their price target on shares of Crown from $106.00 to $120.00 and gave the company an “equal weight” rating in a report on Friday, February 6th. Weiss Ratings reiterated a “buy (b)” rating on shares of Crown in a research report on Monday, December 29th. Truist Financial restated a “buy” rating and set a $135.00 target price (up previously from $130.00) on shares of Crown in a research note on Friday, February 6th. Finally, Mizuho upped their target price on shares of Crown from $120.00 to $130.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. Ten equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $125.86.

Check Out Our Latest Research Report on CCK

Hedge Funds Weigh In On Crown

Several institutional investors have recently bought and sold shares of the stock. Hennessy Advisors Inc. bought a new stake in Crown in the third quarter worth $43,417,000. CWM LLC increased its holdings in shares of Crown by 73.3% in the 3rd quarter. CWM LLC now owns 72,075 shares of the industrial products company’s stock worth $6,962,000 after buying an additional 30,488 shares during the last quarter. AEGON ASSET MANAGEMENT UK Plc purchased a new stake in shares of Crown during the 3rd quarter valued at about $15,472,000. Vinva Investment Management Ltd raised its position in shares of Crown by 152.9% during the 2nd quarter. Vinva Investment Management Ltd now owns 194,348 shares of the industrial products company’s stock valued at $20,393,000 after buying an additional 117,494 shares in the last quarter. Finally, Greenland Capital Management LP bought a new position in shares of Crown in the 2nd quarter valued at about $589,000. 90.93% of the stock is owned by hedge funds and other institutional investors.

Crown Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for Crown (NYSE:CCK)

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