Empirical Financial Services LLC d.b.a. Empirical Wealth Management Invests $618,000 in Crown Holdings, Inc. $CCK

Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new position in Crown Holdings, Inc. (NYSE:CCK) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 5,998 shares of the industrial products company’s stock, valued at approximately $618,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CCK. ORG Partners LLC increased its position in Crown by 52.5% in the fourth quarter. ORG Partners LLC now owns 305 shares of the industrial products company’s stock worth $31,000 after buying an additional 105 shares during the period. Geneos Wealth Management Inc. boosted its holdings in shares of Crown by 45.3% during the first quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 111 shares during the period. Siemens Fonds Invest GmbH grew its position in shares of Crown by 7.7% during the third quarter. Siemens Fonds Invest GmbH now owns 1,626 shares of the industrial products company’s stock worth $157,000 after acquiring an additional 116 shares during the last quarter. Pallas Capital Advisors LLC grew its position in shares of Crown by 1.0% during the fourth quarter. Pallas Capital Advisors LLC now owns 12,618 shares of the industrial products company’s stock worth $1,299,000 after acquiring an additional 130 shares during the last quarter. Finally, Harbor Capital Advisors Inc. increased its holdings 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 acquiring an additional 134 shares during the period. Institutional investors and hedge funds own 90.93% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on CCK shares. JPMorgan Chase & Co. downgraded shares of Crown from an “overweight” rating to a “neutral” rating and lifted their price objective for the company from $112.00 to $155.00 in a research report on Friday, February 6th. Wells Fargo & Company decreased their target price on shares of Crown from $120.00 to $111.00 and set an “equal weight” rating for the company in a research report on Friday, March 20th. UBS Group set a $126.00 price target on Crown and gave the company a “neutral” rating in a report on Monday, February 9th. Deutsche Bank Aktiengesellschaft started coverage on Crown in a research report on Wednesday. They set a “buy” rating and a $124.00 price objective for the company. Finally, Morgan Stanley reissued an “overweight” rating on shares of Crown in a report on Friday, February 6th. Twelve analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $125.13.

Insider Activity at Crown

In other news, CEO Timothy J. Donahue sold 7,500 shares of Crown stock in a transaction 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 transaction, the chief executive officer directly owned 474,736 shares in the company, valued at approximately $52,539,033.12. This trade represents a 1.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Djalma Novaes, Jr. sold 29,734 shares of the business’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 directly owned 88,052 shares in the company, valued at $10,108,369.60. This represents a 25.24% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 73,758 shares of company stock worth $8,078,508. 0.90% of the stock is owned by corporate insiders.

Crown Stock Performance

CCK stock opened at $102.84 on Friday. The company has a 50-day simple moving average of $107.64 and a 200 day simple moving average of $101.66. The company has a market capitalization of $11.54 billion, a P/E ratio of 16.14, a PEG ratio of 1.37 and a beta of 0.75. 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 Holdings, Inc. has a fifty-two week low of $75.98 and a fifty-two week high of $116.62.

Crown (NYSE:CCK) last released its earnings results on Wednesday, February 4th. The industrial products company reported $1.74 EPS for the quarter, beating the consensus estimate of $1.69 by $0.05. The firm 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%. Crown’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter 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. Sell-side analysts predict that Crown Holdings, Inc. will post 6.96 earnings per share for the current fiscal year.

Crown Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th were issued a dividend of $0.35 per share. The ex-dividend date of this dividend was Tuesday, March 17th. This is a positive change from Crown’s previous quarterly dividend of $0.26. This represents a $1.40 annualized dividend and a yield of 1.4%. Crown’s dividend payout ratio is presently 21.98%.

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.