Union Bancaire Privee UBP SA Sells 5,333 Shares of Crown Holdings, Inc. $CCK

Union Bancaire Privee UBP SA lessened its position in shares of Crown Holdings, Inc. (NYSE:CCK) by 22.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 18,648 shares of the industrial products company’s stock after selling 5,333 shares during the quarter. Union Bancaire Privee UBP SA’s holdings in Crown were worth $1,935,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of CCK. GAMMA Investing LLC boosted its position in Crown by 30.7% in the fourth quarter. GAMMA Investing LLC now owns 1,907 shares of the industrial products company’s stock worth $196,000 after purchasing an additional 448 shares during the last quarter. Saranac Partners Ltd purchased a new stake in shares of Crown during the 3rd quarter valued at about $136,000. Allworth Financial LP increased its position in shares of Crown by 149.7% during the 3rd quarter. Allworth Financial LP now owns 1,496 shares of the industrial products company’s stock valued at $144,000 after purchasing an additional 897 shares during the last quarter. IFP Advisors Inc lifted its stake in shares of Crown by 36.7% in the 3rd quarter. IFP Advisors Inc now owns 1,077 shares of the industrial products company’s stock worth $104,000 after purchasing an additional 289 shares during the period. Finally, Swiss Life Asset Management Ltd boosted its holdings in shares of Crown by 46.7% in the third quarter. Swiss Life Asset Management Ltd now owns 90,401 shares of the industrial products company’s stock worth $8,732,000 after buying an additional 28,764 shares during the last quarter. Institutional investors own 90.93% of the company’s stock.

Crown Trading Down 2.6%

Crown stock opened at $98.40 on Friday. Crown Holdings, Inc. has a 12-month low of $75.98 and a 12-month high of $116.62. The firm has a market capitalization of $11.14 billion, a price-to-earnings ratio of 15.45, a P/E/G ratio of 1.18 and a beta of 0.70. The firm has a 50 day moving average of $108.09 and a 200 day moving average of $101.16. The company has a current ratio of 1.03, a quick ratio of 0.66 and a debt-to-equity ratio of 1.55.

Crown (NYSE:CCK) last issued its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $1.74 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.05. The business had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $2.99 billion. Crown had a net margin of 5.97% and a return on equity of 26.68%. The company’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the firm 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. As a group, research analysts predict that Crown Holdings, Inc. will post 6.96 earnings per share for the current year.

Crown Increases Dividend

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

Insider Buying and Selling at Crown

In other news, COO Djalma Novaes, Jr. sold 29,734 shares of the business’s stock in a transaction dated 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 transaction, the chief operating officer directly owned 88,052 shares in the company, valued at $10,108,369.60. The trade was a 25.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Timothy J. Donahue sold 29,024 shares of the company’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $105.00, for a total value of $3,047,520.00. Following the completion of the transaction, the chief executive officer directly owned 411,556 shares of the company’s stock, valued at approximately $43,213,380. This trade represents a 6.59% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 73,758 shares of company stock valued at $8,078,508 in the last ninety days. 0.90% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several brokerages recently issued reports on CCK. Wall Street Zen upgraded shares of Crown from a “hold” rating to a “buy” rating in a research report on Tuesday, March 3rd. Morgan Stanley reiterated an “overweight” rating on shares of Crown in a research report on Friday, February 6th. Truist Financial reissued a “buy” rating and set a $135.00 price objective (up from $130.00) on shares of Crown in a research report on Friday, February 6th. Mizuho upped their price objective on Crown from $120.00 to $130.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. Finally, Royal Bank Of Canada raised their target price on Crown from $120.00 to $140.00 and gave the stock an “outperform” rating in a report on Monday, February 9th. Eleven investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target 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.