Crown (NYSE:CCK) Coverage Initiated at Deutsche Bank Aktiengesellschaft

Stock analysts at Deutsche Bank Aktiengesellschaft initiated coverage on shares of Crown (NYSE:CCK) in a note issued to investors on Wednesday, MarketBeat Ratings reports. The brokerage set a “buy” rating and a $124.00 price target on the industrial products company’s stock. Deutsche Bank Aktiengesellschaft’s target price would suggest a potential upside of 20.58% from the company’s previous close.

A number of other research analysts have also commented on the stock. Wall Street Zen lowered shares of Crown from a “buy” rating to a “hold” rating in a research note on Saturday, March 28th. Truist Financial reaffirmed a “buy” rating and issued a $135.00 target price (up from $130.00) on shares of Crown in a report on Friday, February 6th. JPMorgan Chase & Co. downgraded shares of Crown from an “overweight” rating to a “neutral” rating and increased their target price for the stock from $112.00 to $155.00 in a research note on Friday, February 6th. Royal Bank Of Canada raised their price target on Crown from $120.00 to $140.00 and gave the stock an “outperform” rating in a report on Monday, February 9th. Finally, Wells Fargo & Company dropped their price target on Crown from $120.00 to $111.00 and set an “equal weight” rating on the stock in a research report on Friday, March 20th. Twelve equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, Crown currently has an average rating of “Moderate Buy” and a consensus target price of $125.13.

Crown Trading Down 0.9%

NYSE:CCK opened at $102.84 on Wednesday. The company has a market capitalization of $11.54 billion, a PE ratio of 16.14, a P/E/G ratio of 1.22 and a beta of 0.75. Crown has a 52-week low of $75.98 and a 52-week high of $116.62. The stock’s 50 day moving average price is $107.67 and its 200 day moving average price is $101.57. 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 for the quarter, beating analysts’ consensus estimates of $1.69 by $0.05. The company had revenue of $3.13 billion during 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%.The firm’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter 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. On average, research analysts anticipate that Crown will post 6.96 EPS for the current year.

Insider Activity

In other Crown news, CEO Timothy J. Donahue sold 7,500 shares of Crown stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $110.67, for a total transaction of $830,025.00. Following the completion of the transaction, the chief executive officer owned 474,736 shares in the company, valued at approximately $52,539,033.12. The trade was a 1.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Djalma Novaes, Jr. sold 29,734 shares of the 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 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 73,758 shares of company stock worth $8,078,508 over the last quarter. Insiders own 0.90% of the company’s stock.

Institutional Inflows and Outflows

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

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.