Wealth Enhancement Advisory Services LLC Raises Position in Crown Holdings, Inc. $CCK

Wealth Enhancement Advisory Services LLC increased its stake in Crown Holdings, Inc. (NYSE:CCK) by 37.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 51,477 shares of the industrial products company’s stock after buying an additional 14,093 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Crown were worth $5,336,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Royal Bank of Canada grew its position in Crown by 24.1% in the first quarter. Royal Bank of Canada now owns 48,920 shares of the industrial products company’s stock valued at $4,367,000 after acquiring an additional 9,497 shares in the last quarter. Integrated Wealth Concepts LLC lifted its position in shares of Crown by 39.4% during the first quarter. Integrated Wealth Concepts LLC now owns 4,109 shares of the industrial products company’s stock worth $367,000 after purchasing an additional 1,161 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Crown during the first quarter worth $111,000. NewEdge Advisors LLC boosted its stake in shares of Crown by 6.3% in the first quarter. NewEdge Advisors LLC now owns 5,917 shares of the industrial products company’s stock valued at $528,000 after purchasing an additional 351 shares during the period. Finally, Goldman Sachs Group Inc. boosted its stake in shares of Crown by 23.7% in the first quarter. Goldman Sachs Group Inc. now owns 666,262 shares of the industrial products company’s stock valued at $59,471,000 after purchasing an additional 127,737 shares during the period. 90.93% of the stock is currently owned by hedge funds and other institutional investors.

Crown Trading Up 0.2%

CCK opened at $99.73 on Monday. Crown Holdings, Inc. has a 12-month low of $75.98 and a 12-month high of $116.62. The company has a debt-to-equity ratio of 1.55, a current ratio of 1.03 and a quick ratio of 0.66. The stock has a market capitalization of $11.19 billion, a PE ratio of 15.66, a P/E/G ratio of 1.17 and a beta of 0.70. The firm’s fifty day moving average price is $107.79 and its 200 day moving average price is $101.51.

Crown (NYSE:CCK) last announced its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $1.74 earnings per share for the quarter, topping the consensus estimate of $1.69 by $0.05. The company had revenue of $3.13 billion during the quarter, compared to analyst estimates of $2.99 billion. Crown had a net margin of 5.97% and a return on equity of 26.68%. The firm’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period last year, the business 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. As a group, research analysts expect that Crown Holdings, Inc. will post 6.96 EPS for the current fiscal year.

Crown Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be issued a $0.35 dividend. This is an increase from Crown’s previous quarterly dividend of $0.26. This represents a $1.40 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Tuesday, March 17th. Crown’s dividend payout ratio is presently 21.98%.

Insider Activity at Crown

In other news, CEO Timothy J. Donahue sold 7,500 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $110.67, for a total value of $830,025.00. Following the completion of the sale, the chief executive officer directly owned 474,736 shares in the company, valued at approximately $52,539,033.12. The trade was a 1.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Djalma Novaes, Jr. sold 29,734 shares of the business’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 value of $3,413,463.20. Following the completion of the sale, the chief operating officer owned 88,052 shares of the company’s stock, valued at $10,108,369.60. This trade represents a 25.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 73,758 shares of company stock worth $8,078,508 in the last 90 days. 0.90% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Wall Street Zen downgraded shares of Crown from a “buy” rating to a “hold” rating in a research note on Saturday. Jefferies Financial Group restated a “buy” rating on shares of Crown in a research note on Monday, February 23rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Crown in a research report on Monday, December 29th. Mizuho boosted their price target on Crown from $120.00 to $130.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. Finally, Wells Fargo & Company reduced their price target on Crown from $120.00 to $111.00 and set an “equal weight” rating for the company in a report on Friday, March 20th. Eleven research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $125.21.

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.