SG Americas Securities LLC Raises Stock Holdings in Crown Holdings, Inc. $CCK

SG Americas Securities LLC increased its holdings in shares of Crown Holdings, Inc. (NYSE:CCK) by 45.2% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 56,284 shares of the industrial products company’s stock after acquiring an additional 17,516 shares during the period. SG Americas Securities LLC’s holdings in Crown were worth $5,796,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Harbor Capital Advisors Inc. increased its stake in Crown by 103.1% in the third quarter. Harbor Capital Advisors Inc. now owns 264 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 134 shares during the period. Smartleaf Asset Management LLC boosted its stake in shares of Crown by 105.0% during the third quarter. Smartleaf Asset Management LLC now owns 289 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 148 shares during the period. Caitong International Asset Management Co. Ltd bought a new position in shares of Crown in the third quarter worth about $29,000. Geneos Wealth Management Inc. grew its holdings in shares of Crown by 45.3% in the first quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 111 shares during the last quarter. Finally, Quent Capital LLC purchased a new position in Crown in the 3rd quarter worth about $34,000. Hedge funds and other institutional investors own 90.93% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on CCK. Weiss Ratings reissued a “buy (b)” rating on shares of Crown in a research report on Friday. Wells Fargo & Company reduced their target price on shares of Crown from $120.00 to $111.00 and set an “equal weight” rating on the stock in a research report on Friday, March 20th. JPMorgan Chase & Co. downgraded shares of Crown from an “overweight” rating to a “neutral” rating and lifted their price target for the company from $112.00 to $155.00 in a research note on Friday, February 6th. Wolfe Research set a $115.00 price objective on Crown in a research note on Friday, February 6th. Finally, Royal Bank Of Canada raised their price objective on Crown from $120.00 to $140.00 and gave the stock an “outperform” rating in a report on Monday, February 9th. Eleven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, Crown currently has a consensus rating of “Moderate Buy” and an average price target of $125.21.

Insider Transactions at Crown

In other Crown news, COO Djalma Novaes, Jr. sold 29,734 shares of Crown 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 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Timothy J. Donahue sold 7,500 shares of the business’s stock in a transaction dated 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 owned 474,736 shares of the company’s stock, valued at $52,539,033.12. This represents a 1.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 73,758 shares of company stock worth $8,078,508. 0.90% of the stock is owned by corporate insiders.

Crown Price Performance

Shares of CCK opened at $100.22 on Wednesday. The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.66 and a current ratio of 1.03. The company has a 50 day moving average price of $107.64 and a 200-day moving average price of $101.54. Crown Holdings, Inc. has a fifty-two week low of $75.98 and a fifty-two week high of $116.62. The stock has a market capitalization of $11.25 billion, a PE ratio of 15.73, a PEG ratio of 1.15 and a beta of 0.70.

Crown (NYSE:CCK) last issued its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $1.74 EPS for the quarter, topping analysts’ consensus estimates of $1.69 by $0.05. The company had revenue of $3.13 billion during 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%. Crown’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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. Equities analysts predict that Crown Holdings, Inc. will post 6.96 earnings per share for the current fiscal year.

Crown Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th were paid a dividend of $0.35 per share. This is an increase from Crown’s previous quarterly dividend of $0.26. The ex-dividend date was 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 (DPR) is currently 21.98%.

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.