Crown Holdings, Inc. (NYSE:CCK) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Crown Holdings, Inc. (NYSE:CCK) has earned an average recommendation of “Moderate Buy” from the seventeen analysts that are currently covering the stock, MarketBeat Ratings reports. Six analysts have rated the stock with a hold recommendation and eleven have given a buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $120.00.

Several research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft assumed coverage on Crown in a research report on Wednesday, April 1st. They issued a “buy” rating and a $124.00 target price on the stock. DA Davidson dropped their target price on Crown from $115.00 to $107.00 and set a “neutral” rating on the stock in a research report on Wednesday. Mizuho increased their price target on shares of Crown from $120.00 to $130.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. Royal Bank Of Canada dropped their price target on shares of Crown from $140.00 to $129.00 and set an “outperform” rating on the stock in a research note on Friday, April 17th. Finally, Truist Financial dropped their price target on shares of Crown from $135.00 to $129.00 and set a “buy” rating on the stock in a research note on Wednesday, April 15th.

Insider Transactions at Crown

In other news, COO Djalma Novaes, Jr. sold 29,734 shares of the stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $114.80, for a total transaction of $3,413,463.20. Following the transaction, the chief operating officer owned 88,052 shares of the company’s stock, 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 SEC, which is accessible through this link. Also, CEO Timothy J. Donahue sold 7,500 shares of the stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $106.85, for a total value of $801,375.00. Following the transaction, the chief executive officer directly owned 451,070 shares in the company, valued at approximately $48,196,829.50. This represents a 1.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 52,234 shares of company stock worth $5,832,363. 0.90% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in CCK. Royal Bank of Canada increased its holdings in shares of Crown by 24.1% during the 1st quarter. Royal Bank of Canada now owns 48,920 shares of the industrial products company’s stock valued at $4,367,000 after acquiring an additional 9,497 shares during the last quarter. Integrated Wealth Concepts LLC grew its stake in Crown by 39.4% in the 1st quarter. Integrated Wealth Concepts LLC now owns 4,109 shares of the industrial products company’s stock valued at $367,000 after buying an additional 1,161 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Crown in the 1st quarter valued at $111,000. NewEdge Advisors LLC grew its stake in Crown by 6.3% in the 1st quarter. NewEdge Advisors LLC now owns 5,917 shares of the industrial products company’s stock valued at $528,000 after buying an additional 351 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in Crown by 23.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 666,262 shares of the industrial products company’s stock valued at $59,471,000 after buying an additional 127,737 shares during the last quarter. Institutional investors and hedge funds own 90.93% of the company’s stock.

Crown Stock Down 1.2%

Crown stock opened at $99.02 on Friday. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.70 and a current ratio of 1.12. Crown has a twelve month low of $89.21 and a twelve month high of $116.62. The firm’s 50 day moving average price is $102.99 and its two-hundred day moving average price is $103.21. The firm has a market cap of $11.07 billion, a PE ratio of 15.77, a P/E/G ratio of 1.65 and a beta of 0.65.

Crown (NYSE:CCK) last issued its earnings results on Monday, April 27th. The industrial products company reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.75 by $0.11. Crown had a return on equity of 26.62% and a net margin of 5.65%.The company had revenue of $3.26 billion for the quarter, compared to analyst estimates of $3.03 billion. During the same period in the prior year, the firm posted $1.67 EPS. The business’s revenue was up 12.9% compared to the same quarter last year. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q2 2026 guidance at 2.100-2.200 EPS. On average, research analysts predict that Crown will post 8.05 EPS for the current fiscal year.

Crown Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 28th. Stockholders of record on Thursday, May 14th will be paid a dividend of $0.35 per share. The ex-dividend date is Thursday, May 14th. This represents a $1.40 annualized dividend and a dividend yield of 1.4%. Crown’s dividend payout ratio is 22.29%.

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.