Crown (NYSE:CCK – Get Free Report) issued an update on its third quarter 2026 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 2.200-2.30 for the period, compared to the consensus earnings per share estimate of 2.250. The company issued revenue guidance of -. Crown also updated its FY 2026 guidance to 8.300-8.50 EPS.
Analyst Upgrades and Downgrades
A number of brokerages have recently commented on CCK. JPMorgan Chase & Co. upgraded Crown from a “neutral” rating to an “overweight” rating and set a $107.00 price objective for the company in a research report on Monday, May 18th. Bank of America raised their target price on shares of Crown from $129.00 to $145.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th. Citigroup lifted their target price on shares of Crown from $127.00 to $129.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Royal Bank Of Canada boosted their price target on shares of Crown from $129.00 to $131.00 and gave the company an “outperform” rating in a report on Thursday, July 9th. Finally, UBS Group reduced their price target on shares of Crown from $120.00 to $112.00 and set a “neutral” rating for the company in a research report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $124.07.
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Crown Stock Performance
Crown (NYSE:CCK – Get Free Report) last issued its quarterly earnings data on Monday, July 20th. The industrial products company reported $2.49 earnings per share for the quarter, beating analysts’ consensus estimates of $2.15 by $0.34. Crown had a return on equity of 26.62% and a net margin of 5.65%.The business had revenue of $3.67 billion for the quarter, compared to the consensus estimate of $3.37 billion. During the same period last year, the business earned $2.15 EPS. Crown has set its Q3 2026 guidance at 2.200-2.30 EPS and its FY 2026 guidance at 8.300-8.50 EPS. Analysts anticipate that Crown will post 8.06 earnings per share for the current fiscal year.
Crown Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were given a dividend of $0.35 per share. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $1.40 dividend on an annualized basis and a yield of 1.2%. Crown’s payout ratio is currently 22.29%.
Insider Transactions at Crown
In other Crown news, CEO Timothy J. Donahue sold 15,000 shares of Crown stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $105.00, for a total value of $1,575,000.00. Following the transaction, the chief executive officer directly owned 436,070 shares of the company’s stock, valued at $45,787,350. The trade was a 3.33% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.90% of the stock is owned by company insiders.
Crown News Summary
Here are the key news stories impacting Crown this week:
- Positive Sentiment: Crown delivered Q2 adjusted EPS of $2.49, ahead of the $2.15 consensus, and revenue of $3.67 billion versus $3.37 billion expected, signaling stronger-than-anticipated demand and execution. Article Title
- Positive Sentiment: The company lifted FY2026 EPS guidance to $8.30-$8.50, above the Street’s $8.10 estimate, which typically boosts confidence in future earnings power. Article Title
- Positive Sentiment: Management also pointed to improving business trends, including a 5% rise in global beverage can volumes, which suggests healthy end-market demand for Crown’s packaging products. Article Title
- Neutral Sentiment: Shares had also recently benefited from a technical “golden cross,” with the 50-day moving average rising above the 200-day moving average, but the main driver today is the earnings beat and raised guidance. Article Title
- Negative Sentiment: Crown’s Q3 EPS guidance of $2.20-$2.30 came in slightly below the $2.25 consensus midpoint, which may temper some of the enthusiasm from the strong Q2 report. Article Title
Institutional Investors Weigh In On Crown
A number of institutional investors have recently bought and sold shares of CCK. Royal Bank of Canada boosted its position 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 in the last quarter. Integrated Wealth Concepts LLC lifted its stake in Crown by 39.4% during the first quarter. Integrated Wealth Concepts LLC now owns 4,109 shares of the industrial products company’s stock worth $367,000 after purchasing an additional 1,161 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Crown during the first quarter valued at approximately $111,000. NewEdge Advisors LLC boosted its holdings in Crown by 6.3% during the first quarter. NewEdge Advisors LLC now owns 5,917 shares of the industrial products company’s stock valued at $528,000 after purchasing an additional 351 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in shares of 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 purchasing an additional 127,737 shares during the period. Institutional investors and hedge funds own 90.93% of the company’s stock.
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.
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