Wells Fargo & Company Raises Crown (NYSE:CCK) Price Target to $127.00

Crown (NYSE:CCK) had its target price raised by equities researchers at Wells Fargo & Company from $117.00 to $127.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has an “equal weight” rating on the industrial products company’s stock. Wells Fargo & Company‘s price target suggests a potential upside of 9.02% from the company’s current price.

Other equities research analysts have also issued research reports about the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of Crown in a research note on Wednesday, July 8th. UBS Group reaffirmed a “neutral” rating and issued a $123.00 target price (up from $115.00) on shares of Crown in a report on Wednesday. Royal Bank Of Canada lifted their price target on Crown from $129.00 to $131.00 and gave the stock an “outperform” rating in a report on Thursday, July 9th. DA Davidson cut their price objective on Crown from $115.00 to $107.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 13th. Finally, Jefferies Financial Group set a $121.00 price objective on Crown in a research note on Wednesday. Twelve equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $128.69.

Crown Stock Down 1.3%

CCK traded down $1.50 during mid-day trading on Wednesday, reaching $116.49. 739,503 shares of the stock were exchanged, compared to its average volume of 1,155,603. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.70 and a current ratio of 1.12. The stock has a market capitalization of $13.02 billion, a PE ratio of 16.79, a price-to-earnings-growth ratio of 1.91 and a beta of 0.60. The company has a 50 day moving average price of $103.54 and a two-hundred day moving average price of $104.90. Crown has a 1 year low of $89.21 and a 1 year high of $121.76.

Crown (NYSE:CCK) last posted its earnings results on Monday, July 20th. The industrial products company reported $2.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.16 by $0.33. Crown had a net margin of 5.91% and a return on equity of 27.14%. The firm had revenue of $3.67 billion during the quarter, compared to analyst estimates of $3.37 billion. During the same quarter in the prior year, the business posted $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. As a group, research analysts anticipate that Crown will post 8.06 EPS for the current year.

Insider Activity at Crown

In related news, CEO Timothy J. Donahue sold 15,000 shares of the company’s 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 owned 436,070 shares in the company, valued at approximately $45,787,350. This represents a 3.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.90% of the company’s stock.

Institutional Trading of Crown

Hedge funds have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd purchased a new position in shares of Crown during the 3rd quarter valued at $29,000. ORG Partners LLC increased its holdings in Crown by 52.5% in the 4th quarter. ORG Partners LLC now owns 305 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 105 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in Crown by 45.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 111 shares during the period. BOK Financial Private Wealth Inc. bought a new stake in Crown in the 4th quarter valued at about $42,000. Finally, Smartleaf Asset Management LLC lifted its holdings in Crown by 52.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 440 shares of the industrial products company’s stock valued at $46,000 after purchasing an additional 151 shares during the last quarter. 90.93% of the stock is currently owned by institutional investors.

More Crown News

Here are the key news stories impacting Crown this week:

• Positive Sentiment: Crown Holdings beat Q2 expectations with EPS of $2.49 versus $2.16 expected and revenue of $3.67 billion versus $3.37 billion estimated, helped by 5% growth in global beverage can volumes and stronger sales. The company also raised full-year 2026 EPS guidance to $8.30-$8.50, above consensus, which is fueling bullish sentiment. Crown Holdings Q2 2026 Results Press Release
• Positive Sentiment: Truist Financial reaffirmed its buy rating and raised its price target to $141 from $129, implying meaningful upside from current levels. Truist rating and price target update
• Positive Sentiment: Mizuho also lifted its price target to $135 from $130 and kept an outperform rating, reinforcing the view that the earnings beat and improved outlook could drive further gains. Mizuho price target update
• Neutral Sentiment: JPMorgan downgraded Crown Holdings to neutral from overweight, but it still raised its price target to $121 from $107, suggesting limited near-term upside rather than a bearish thesis. JPMorgan rating change
• Neutral Sentiment: Robert W. Baird raised its target to $130 from $120 while keeping a neutral rating, which adds to the mixed but generally constructive analyst backdrop. Robert W. Baird price target update

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.