Crown Holdings, Inc. $CCK Shares Purchased by Achmea Investment Management B.V.

Achmea Investment Management B.V. lifted its position in Crown Holdings, Inc. (NYSE:CCK) by 3.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 163,045 shares of the industrial products company’s stock after acquiring an additional 6,112 shares during the quarter. Achmea Investment Management B.V. owned 0.14% of Crown worth $15,749,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Harbor Capital Advisors Inc. raised its holdings in shares of Crown by 103.1% during the third quarter. Harbor Capital Advisors Inc. now owns 264 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 134 shares during the period. Smartleaf Asset Management LLC boosted its holdings in shares of Crown by 105.0% in the 3rd quarter. Smartleaf Asset Management LLC now owns 289 shares of the industrial products company’s stock valued at $28,000 after buying an additional 148 shares during the period. Caitong International Asset Management Co. Ltd bought a new stake in shares of Crown during the 3rd quarter valued at about $29,000. Geneos Wealth Management Inc. raised 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 worth $32,000 after acquiring an additional 111 shares during the period. Finally, Quent Capital LLC bought a new position in Crown in the third quarter worth about $34,000. 90.93% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have commented on CCK. Morgan Stanley restated an “overweight” rating on shares of Crown in a research note on Friday, February 6th. JPMorgan Chase & Co. downgraded Crown from an “overweight” rating to a “neutral” rating and raised their price target for the stock from $112.00 to $155.00 in a report on Friday, February 6th. Wall Street Zen upgraded Crown from a “hold” rating to a “buy” rating in a research report on Tuesday, March 3rd. Royal Bank Of Canada increased their target price on Crown from $120.00 to $140.00 and gave the stock an “outperform” rating in a research report on Monday, February 9th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Crown in a research note on Monday, February 23rd. Eleven analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $125.86.

Crown Trading Down 3.6%

NYSE:CCK opened at $101.48 on Thursday. The stock has a market cap of $11.49 billion, a price-to-earnings ratio of 15.93, a PEG ratio of 1.23 and a beta of 0.70. The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.66 and a current ratio of 1.03. Crown Holdings, Inc. has a 1 year low of $75.98 and a 1 year high of $116.62. The business has a fifty day moving average of $108.27 and a 200-day moving average of $101.17.

Crown (NYSE:CCK) last issued its quarterly earnings data 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 for 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 company’s revenue was up 7.7% on a year-over-year basis. During the same period in the previous year, the business 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. Equities analysts predict that Crown Holdings, Inc. will post 6.96 earnings per share for the current year.

Crown Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 1.4%. This is a positive change from Crown’s previous quarterly dividend of $0.26. The ex-dividend date is Tuesday, March 17th. Crown’s payout ratio is currently 21.98%.

Insiders Place Their Bets

In other news, COO Djalma Novaes, Jr. sold 29,734 shares of the company’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $114.80, for a total value of $3,413,463.20. Following the completion of the sale, the chief operating officer owned 88,052 shares in the company, valued at $10,108,369.60. This represents a 25.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Timothy J. Donahue sold 29,024 shares of Crown stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $105.00, for a total value of $3,047,520.00. Following the transaction, the chief executive officer directly owned 411,556 shares in the company, valued at approximately $43,213,380. The trade was a 6.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 73,758 shares of company stock valued at $8,078,508. 0.90% of the stock is currently owned by corporate insiders.

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.