Crown (NYSE:CCK) Lowered to Hold Rating by Wall Street Zen

Crown (NYSE:CCK) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued on Saturday.

CCK has been the topic of several other reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Crown in a report on Monday, December 29th. Mizuho raised their price target on shares of Crown from $120.00 to $130.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. Wells Fargo & Company lowered their price objective on Crown from $120.00 to $111.00 and set an “equal weight” rating for the company in a research report on Friday, March 20th. Truist Financial restated a “buy” rating and issued a $135.00 target price (up from $130.00) on shares of Crown in a research report on Friday, February 6th. Finally, UBS Group set a $126.00 price objective on Crown and gave the stock a “neutral” rating in a research report on Monday, February 9th. Eleven analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $125.21.

Crown Stock Performance

NYSE CCK opened at $99.73 on Friday. 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’s fifty day moving average is $107.79 and its two-hundred day moving average is $101.41. The firm has a market capitalization of $11.19 billion, a P/E ratio of 15.66, a price-to-earnings-growth ratio of 1.19 and a beta of 0.70. Crown has a fifty-two week low of $75.98 and a fifty-two week high of $116.62.

Crown (NYSE:CCK) last issued its earnings results on Wednesday, February 4th. The industrial products company reported $1.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.69 by $0.05. The business had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $2.99 billion. Crown had a return on equity of 26.68% and a net margin of 5.97%.The company’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same period last year, the company earned $1.59 EPS. 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, research analysts anticipate that Crown will post 6.96 earnings per share for the current year.

Insider Activity at Crown

In related news, COO Djalma Novaes, Jr. sold 29,734 shares of the company’s stock in a transaction that occurred 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 directly owned 88,052 shares of the company’s stock, valued at $10,108,369.60. This represents a 25.24% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Timothy J. Donahue sold 7,500 shares of the stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $110.67, for a total transaction of $830,025.00. Following the sale, the chief executive officer owned 474,736 shares in the company, valued at approximately $52,539,033.12. This trade represents a 1.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 73,758 shares of company stock worth $8,078,508. 0.90% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Norges Bank acquired a new stake in Crown in the 2nd quarter valued at about $184,046,000. Fuller & Thaler Asset Management Inc. acquired a new position in shares of Crown during the fourth quarter worth about $127,230,000. JPMorgan Chase & Co. increased its stake in shares of Crown by 226.7% during the third quarter. JPMorgan Chase & Co. now owns 1,474,038 shares of the industrial products company’s stock worth $142,377,000 after buying an additional 1,022,789 shares during the period. Invesco Ltd. raised its holdings in Crown by 58.6% in the second 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 raised its holdings in Crown by 60.8% in the third quarter. Swedbank AB now owns 2,493,570 shares of the industrial products company’s stock valued at $240,854,000 after acquiring an additional 943,045 shares in the last quarter. 90.93% of the stock is currently owned by hedge funds and other institutional investors.

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.