Oak Thistle LLC Invests $1.89 Million in Crown Holdings, Inc. $CCK

Oak Thistle LLC bought a new position in shares of Crown Holdings, Inc. (NYSE:CCK) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 18,350 shares of the industrial products company’s stock, valued at approximately $1,889,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Hennessy Advisors Inc. bought a new position in shares of Crown during the 3rd quarter worth approximately $43,417,000. CWM LLC boosted its stake in shares of Crown by 73.3% during the 3rd quarter. CWM LLC now owns 72,075 shares of the industrial products company’s stock worth $6,962,000 after acquiring an additional 30,488 shares during the period. AEGON ASSET MANAGEMENT UK Plc bought a new position in shares of Crown during the 3rd quarter worth approximately $15,472,000. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund boosted its stake in shares of Crown by 235.5% during the 3rd quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 25,500 shares of the industrial products company’s stock worth $2,463,000 after acquiring an additional 17,900 shares during the period. Finally, Nordea Investment Management AB boosted its stake in shares of Crown by 2.2% during the 4th quarter. Nordea Investment Management AB now owns 1,666,360 shares of the industrial products company’s stock worth $171,668,000 after acquiring an additional 36,540 shares during the period. 90.93% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on CCK shares. Morgan Stanley reiterated an “overweight” rating on shares of Crown in a research note on Friday, February 6th. Royal Bank Of Canada lifted their target price on Crown from $120.00 to $140.00 and gave the stock an “outperform” rating in a research note on Monday, February 9th. Mizuho boosted their price target on Crown from $120.00 to $130.00 and gave the company an “outperform” rating in a research note on Thursday, February 5th. JPMorgan Chase & Co. downgraded Crown from an “overweight” rating to a “neutral” rating and boosted their price target for the company from $112.00 to $155.00 in a research note on Friday, February 6th. Finally, Jefferies Financial Group restated a “buy” rating on shares of Crown in a research note on Monday, February 23rd. Twelve equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, Crown has an average rating of “Moderate Buy” and a consensus target price of $125.13.

Crown Stock Performance

CCK opened at $107.23 on Thursday. The business has a fifty day simple moving average of $107.62 and a 200 day simple moving average of $101.85. The company has a market capitalization of $12.04 billion, a PE ratio of 16.83, a price-to-earnings-growth ratio of 1.37 and a beta of 0.75. Crown Holdings, Inc. has a 1 year low of $75.98 and a 1 year high of $116.62. The company has a debt-to-equity ratio of 1.55, a current ratio of 1.03 and a quick ratio of 0.66.

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

Crown Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th were issued a $0.35 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $1.40 annualized dividend and a yield of 1.3%. This is a boost from Crown’s previous quarterly dividend of $0.26. Crown’s payout ratio is presently 21.98%.

Insider Buying and Selling at Crown

In other Crown news, COO Djalma Novaes, Jr. sold 29,734 shares of Crown 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 transaction, the chief operating officer directly owned 88,052 shares of the company’s stock, valued at $10,108,369.60. The trade was a 25.24% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Timothy J. Donahue sold 7,500 shares of Crown stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $110.67, for a total value 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 44,734 shares of company stock valued at $5,030,988 over the last ninety days. Insiders own 0.90% of the company’s stock.

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.