Markel Group Inc. Grows Stake in Crown Holdings, Inc. $CCK

Markel Group Inc. grew its holdings in Crown Holdings, Inc. (NYSE:CCK) by 11.9% during the fourth quarter, HoldingsChannel reports. The fund owned 212,000 shares of the industrial products company’s stock after purchasing an additional 22,500 shares during the period. Markel Group Inc.’s holdings in Crown were worth $21,830,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. BOK Financial Private Wealth Inc. purchased a new position in shares of Crown in the 4th quarter valued at about $42,000. Global Retirement Partners LLC increased its holdings in shares of Crown by 305.8% in the 4th quarter. Global Retirement Partners LLC now owns 2,439 shares of the industrial products company’s stock valued at $251,000 after acquiring an additional 1,838 shares during the last quarter. Leonteq Securities AG purchased a new position in shares of Crown in the 4th quarter valued at about $307,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new position in shares of Crown in the 4th quarter valued at about $3,855,000. Finally, Larson Financial Group LLC increased its holdings in shares of Crown by 81.9% in the 4th quarter. Larson Financial Group LLC now owns 695 shares of the industrial products company’s stock valued at $72,000 after acquiring an additional 313 shares during the last quarter. Hedge funds and other institutional investors own 90.93% of the company’s stock.

Insider Buying and Selling

In other Crown news, COO Djalma Novaes, Jr. sold 29,734 shares of the stock in a transaction that occurred on 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 completion of the sale, the chief operating officer directly owned 88,052 shares of the company’s stock, valued at approximately $10,108,369.60. This trade represents a 25.24% decrease in their position. The transaction 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 stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $106.85, for a total value of $801,375.00. Following the sale, the chief executive officer directly owned 451,070 shares of the company’s stock, valued at $48,196,829.50. The trade was a 1.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 44,734 shares of company stock valued at $5,002,338 over the last ninety days. 0.90% of the stock is owned by insiders.

Crown Stock Up 0.3%

Shares of NYSE CCK opened at $96.75 on Friday. The stock has a market cap of $10.81 billion, a PE ratio of 15.41, a price-to-earnings-growth ratio of 1.59 and a beta of 0.65. The company has a quick ratio of 0.70, a current ratio of 1.12 and a debt-to-equity ratio of 1.67. Crown Holdings, Inc. has a 52-week low of $89.21 and a 52-week high of $116.62. The business has a 50-day moving average price of $101.77 and a 200 day moving average price of $103.14.

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

Crown Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Thursday, May 14th. Crown’s dividend payout ratio (DPR) is presently 22.29%.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Bank of America dropped their price objective on Crown from $131.00 to $126.00 and set a “buy” rating on the stock in a report on Monday, April 6th. Deutsche Bank Aktiengesellschaft assumed coverage on Crown in a report on Wednesday, April 1st. They issued a “buy” rating and a $124.00 price objective on the stock. Wall Street Zen raised Crown from a “hold” rating to a “buy” rating in a research report on Saturday. JPMorgan Chase & Co. raised Crown from a “neutral” rating to an “overweight” rating and set a $107.00 target price for the company in a research report on Monday, May 18th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Crown in a research report on Friday, March 27th. Twelve analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $120.00.

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.