Shares of Crown Holdings, Inc. (NYSE:CCK – Get Free Report) have received an average rating of “Moderate Buy” from the sixteen analysts that are currently covering the firm, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $125.8571.
Several equities analysts recently issued reports on the company. Mizuho raised their price objective on Crown from $120.00 to $130.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. Royal Bank Of Canada raised their price target on shares of Crown from $120.00 to $140.00 and gave the stock an “outperform” rating in a research report on Monday, February 9th. Wolfe Research set a $115.00 price target on shares of Crown in a report on Friday, February 6th. Jefferies Financial Group reiterated a “buy” rating on shares of Crown in a research note on Monday. Finally, Wall Street Zen downgraded Crown from a “buy” rating to a “hold” rating in a research note on Monday.
Crown Stock Performance
Crown (NYSE:CCK – Get Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $1.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.05. The firm had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $2.99 billion. Crown had a return on equity of 26.68% and a net margin of 5.97%.Crown’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the firm 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. Equities analysts anticipate that Crown will post 6.96 earnings per share for the current fiscal year.
Insider Buying and Selling
In other news, COO Djalma Novaes, Jr. sold 19,754 shares of the business’s stock in a transaction on 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 transaction, 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Timothy J. Donahue sold 29,024 shares of the company’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $105.00, for a total transaction of $3,047,520.00. Following the transaction, the chief executive officer owned 411,556 shares of the company’s stock, valued at $43,213,380. This represents a 6.59% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 72,254 shares of company stock valued at $7,550,659 in the last 90 days. Insiders own 0.90% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Crown in the second quarter valued at approximately $184,046,000. Fuller & Thaler Asset Management Inc. bought a new position in Crown in the 4th quarter worth approximately $127,230,000. JPMorgan Chase & Co. increased its position in Crown by 226.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,474,038 shares of the industrial products company’s stock valued at $142,377,000 after acquiring an additional 1,022,789 shares during the period. Invesco Ltd. raised its stake in Crown by 58.6% during the 2nd quarter. Invesco Ltd. now owns 2,727,276 shares of the industrial products company’s stock valued at $280,855,000 after acquiring an additional 1,007,980 shares in the last quarter. Finally, Swedbank AB boosted its position in Crown by 60.8% during the 3rd quarter. Swedbank AB now owns 2,493,570 shares of the industrial products company’s stock worth $240,854,000 after acquiring an additional 943,045 shares during the period. 90.93% of the stock is owned by institutional investors and hedge funds.
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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