Crown Holdings, Inc. (NYSE:CCK) Receives $125.21 Average Price Target from Brokerages

Crown Holdings, Inc. (NYSE:CCK) has been assigned an average recommendation of “Moderate Buy” from the sixteen ratings firms that are currently covering the company, MarketBeat reports. Five research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $125.2143.

Several equities analysts recently issued reports on CCK shares. Jefferies Financial Group reiterated a “buy” rating on shares of Crown in a research report on Monday, February 23rd. Wall Street Zen upgraded shares of Crown from a “hold” rating to a “buy” rating in a report on Tuesday, March 3rd. Weiss Ratings reiterated a “buy (b)” rating on shares of Crown in a report on Monday, December 29th. 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, UBS Group set a $126.00 target price on Crown and gave the company a “neutral” rating in a research note on Monday, February 9th.

Insiders Place Their Bets

In other news, COO Djalma Novaes, Jr. sold 29,734 shares of the business’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $114.80, for a total transaction of $3,413,463.20. Following the sale, the chief operating officer owned 88,052 shares in the company, valued at approximately $10,108,369.60. The trade was a 25.24% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Timothy J. Donahue sold 7,500 shares of the company’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $110.67, for a total transaction of $830,025.00. Following the completion of the sale, the chief executive officer directly owned 474,736 shares in the company, valued at $52,539,033.12. This represents a 1.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 73,758 shares of company stock worth $8,078,508. Company insiders own 0.90% of the company’s stock.

Hedge Funds Weigh In On Crown

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Harbor Capital Advisors Inc. boosted its position in shares of Crown by 103.1% in the 3rd 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 in the last quarter. Smartleaf Asset Management LLC increased its position in Crown by 105.0% during 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 in the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in Crown during the third quarter valued at $29,000. ORG Partners LLC raised 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 valued at $31,000 after buying an additional 105 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its holdings in Crown by 45.3% in 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 in the last quarter. Institutional investors own 90.93% of the company’s stock.

Crown Stock Performance

Shares of CCK stock opened at $100.99 on Friday. The firm has a market capitalization of $11.44 billion, a price-to-earnings ratio of 15.85, a PEG ratio of 1.15 and a beta of 0.70. The stock has a fifty day moving average of $107.99 and a 200 day moving average of $101.31. Crown has a 52 week low of $75.98 and a 52 week high of $116.62. The company has a quick ratio of 0.66, a current ratio of 1.03 and a debt-to-equity ratio of 1.55.

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

Crown Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be issued 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 dividend payout ratio is currently 21.98%.

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.