Deutsche Bank Aktiengesellschaft Begins Coverage on Crown (NYSE:CCK)

Equities research analysts at Deutsche Bank Aktiengesellschaft began coverage on shares of Crown (NYSE:CCK) in a note issued to investors on Wednesday. The brokerage set a “buy” rating and a $124.00 price target on the industrial products company’s stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 23.73% from the stock’s current price.

A number of other research analysts have also issued reports on CCK. UBS Group set a $126.00 target price on Crown and gave the stock a “neutral” rating in a report on Monday, February 9th. Wells Fargo & Company lowered their price objective on shares of Crown from $120.00 to $111.00 and set an “equal weight” rating on the stock in a research note on Friday, March 20th. Royal Bank Of Canada boosted their target price on shares of Crown from $120.00 to $140.00 and gave the stock an “outperform” rating in a report on Monday, February 9th. JPMorgan Chase & Co. cut shares of Crown from an “overweight” rating to a “neutral” rating and raised their target price for the stock from $112.00 to $155.00 in a report on Friday, February 6th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Crown in a research report on Friday. Twelve investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Crown has a consensus rating of “Moderate Buy” and an average price target of $125.13.

Crown Trading Up 2.0%

Shares of NYSE:CCK opened at $100.22 on Wednesday. Crown has a twelve month low of $75.98 and a twelve month high of $116.62. The company has a current ratio of 1.03, a quick ratio of 0.66 and a debt-to-equity ratio of 1.55. The firm has a market cap of $11.25 billion, a P/E ratio of 15.73, a P/E/G ratio of 1.15 and a beta of 0.70. The company has a 50 day moving average of $107.64 and a 200-day moving average of $101.54.

Crown (NYSE:CCK) last announced its earnings results on Wednesday, February 4th. The industrial products company reported $1.74 EPS for the quarter, topping the consensus estimate of $1.69 by $0.05. Crown had a return on equity of 26.68% and a net margin of 5.97%.The firm had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $2.99 billion. During the same quarter in the previous year, the company earned $1.59 earnings per share. The firm’s quarterly revenue was up 7.7% compared to the same quarter last year. 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, analysts anticipate that Crown will post 6.96 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, COO Djalma Novaes, Jr. sold 29,734 shares of the company’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 in the company, valued at approximately $10,108,369.60. This represents a 25.24% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Timothy J. Donahue sold 7,500 shares of the firm’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 transaction of $830,025.00. Following the completion of the transaction, the chief executive officer directly owned 474,736 shares of the company’s stock, valued at $52,539,033.12. This represents a 1.56% decrease in their position. 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 owned by company insiders.

Institutional Investors Weigh In On Crown

Several hedge funds have recently bought and sold shares of the business. Hsbc Holdings PLC increased its holdings in shares of Crown by 17.6% in the 4th quarter. Hsbc Holdings PLC now owns 166,485 shares of the industrial products company’s stock valued at $17,173,000 after purchasing an additional 24,929 shares during the period. World Investment Advisors purchased a new stake in shares of Crown in the fourth quarter worth approximately $1,197,000. Corient Private Wealth LLC boosted its holdings in shares of Crown by 176.0% during the fourth quarter. Corient Private Wealth LLC now owns 33,354 shares of the industrial products company’s stock worth $3,435,000 after purchasing an additional 21,269 shares during the period. Rehmann Capital Advisory Group grew its position in Crown by 48.2% during the fourth quarter. Rehmann Capital Advisory Group now owns 11,767 shares of the industrial products company’s stock valued at $1,214,000 after purchasing an additional 3,827 shares in the last quarter. Finally, Mariner Investment Group LLC purchased a new position in Crown during the fourth quarter valued at approximately $515,000. 90.93% of the stock is owned by hedge funds and other institutional investors.

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.