Crown (NYSE:CCK – Free Report) had its price objective lifted by Mizuho from $130.00 to $135.00 in a research report released on Tuesday morning,Benzinga reports. The brokerage currently has an outperform rating on the industrial products company’s stock.
CCK has been the subject of a number of other research reports. Wall Street Zen upgraded Crown from a “hold” rating to a “buy” rating in a research report on Saturday, June 20th. JPMorgan Chase & Co. upgraded Crown from a “neutral” rating to an “overweight” rating and set a $107.00 target price on the stock in a research note on Monday, May 18th. Wells Fargo & Company boosted their price target on shares of Crown from $109.00 to $117.00 and gave the company an “equal weight” rating in a report on Wednesday, July 15th. BMO Capital Markets started coverage on shares of Crown in a research report on Thursday, July 16th. They set an “outperform” rating and a $130.00 price target for the company. Finally, DA Davidson dropped their price objective on shares of Crown from $115.00 to $107.00 and set a “neutral” rating on the stock in a report on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, Crown has a consensus rating of “Moderate Buy” and an average target price of $124.40.
Read Our Latest Stock Analysis on Crown
Crown Stock Performance
Crown (NYSE:CCK – Get Free Report) last posted its earnings results on Monday, July 20th. The industrial products company reported $2.49 EPS for the quarter, beating the consensus estimate of $2.16 by $0.33. The company had revenue of $3.67 billion during the quarter, compared to analyst estimates of $3.37 billion. Crown had a return on equity of 27.14% and a net margin of 5.91%.During the same period in the prior year, the company earned $2.15 earnings per share. Crown has set its Q3 2026 guidance at 2.200-2.30 EPS and its FY 2026 guidance at 8.300-8.50 EPS. As a group, sell-side analysts forecast that Crown will post 8.06 earnings per share for the current year.
Crown Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Thursday, May 14th. Crown’s payout ratio is 22.29%.
Insiders Place Their Bets
In other news, CEO Timothy J. Donahue sold 15,000 shares of the company’s stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $105.00, for a total value of $1,575,000.00. Following the completion of the sale, the chief executive officer owned 436,070 shares in the company, valued at $45,787,350. This represents a 3.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.90% of the stock is owned by company insiders.
Institutional Trading of Crown
A number of hedge funds have recently bought and sold shares of CCK. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Crown during the third quarter worth approximately $29,000. ORG Partners LLC grew 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 acquiring an additional 105 shares in the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of Crown by 45.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 111 shares during the last quarter. BOK Financial Private Wealth Inc. acquired a new position in Crown during the fourth quarter worth $42,000. Finally, Smartleaf Asset Management LLC boosted its stake in shares of Crown by 52.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 440 shares of the industrial products company’s stock worth $46,000 after acquiring an additional 151 shares in the last quarter. 90.93% of the stock is owned by hedge funds and other institutional investors.
More Crown News
Here are the key news stories impacting Crown this week:
- Positive Sentiment: Crown Holdings reported Q2 EPS of $2.49, topping estimates of $2.15, on revenue of $3.67 billion versus expectations of $3.37 billion. Crown Holdings, Inc. Reports Second Quarter 2026 Results
- Positive Sentiment: The company said global beverage can volumes rose 5%, signaling improving demand in a key end market for Crown’s packaging products. Crown Holdings Posts Higher Sales As Global Beverage Can Volumes Rise
- Positive Sentiment: Crown raised its FY2026 adjusted EPS guidance to $8.30-$8.50, above prior expectations, which supports the case for stronger earnings momentum ahead. CCK Q2 Earnings Beat on Strong Beverage Can Volumes, ’26 View Raised
- Positive Sentiment: Mizuho raised its price target on Crown to $135 from $130 and kept an outperform rating, reflecting a more constructive view on the stock’s upside. Benzinga report on Mizuho price target increase
- Neutral Sentiment: The earnings call transcript may provide additional detail on margins, demand trends, and guidance, but the headline takeaways already point to a solid quarter. Crown Holdings, Inc. (CCK) Q2 2026 Earnings Call Transcript
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.
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