Crown Holdings, Inc. (NYSE:CCK) Stock Has Consensus Price Target of $127.73 According to Brokerages

Shares of Crown Holdings, Inc. (NYSE:CCK) have earned a consensus rating of “Moderate Buy” from the seventeen ratings firms that are covering the company, Marketbeat reports. Five research analysts have rated the stock with a hold recommendation and twelve have assigned a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $127.73.

CCK has been the subject of a number of research reports. BMO Capital Markets increased their target price on Crown from $130.00 to $135.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 22nd. Citigroup reiterated a “buy” rating on shares of Crown in a report on Thursday, July 23rd. UBS Group dropped their price objective on shares of Crown from $123.00 to $116.00 and set a “neutral” rating on the stock in a report on Monday, October 5th. Raymond James Financial boosted their price objective on shares of Crown from $125.00 to $135.00 and gave the company an “outperform” rating in a research report on Wednesday, July 15th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Crown in a research note on Wednesday, July 22nd.

Hedge Funds Weigh In On Crown

Hedge funds have recently bought and sold shares of the business. Bank of New York Mellon Corp purchased a new stake in Crown in the 2nd quarter worth about $112,578,000. Nykredit A S purchased a new stake in Crown during the second quarter valued at about $99,537,000. Panagora Asset Management Inc. purchased a new stake in Crown during the fourth quarter valued at about $59,718,000. SEB Asset Management AB bought a new position in Crown during the first quarter worth about $54,291,000. Finally, Assenagon Asset Management S.A. purchased a new position in shares of Crown in the second quarter worth about $60,275,000. 90.93% of the stock is owned by institutional investors.

Crown Price Performance

Crown stock opened at $108.20 on Wednesday. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.05 and a quick ratio of 0.65. The company has a market capitalization of $11.77 billion, a PE ratio of 15.57, a price-to-earnings-growth ratio of 1.46 and a beta of 0.56. Crown has a one year low of $89.21 and a one year high of $122.91. The business has a 50 day simple moving average of $114.02 and a 200 day simple moving average of $107.77.

Crown (NYSE:CCK) last released its quarterly earnings results on Monday, July 20th. The industrial products company reported $2.49 earnings per share for the quarter, beating analysts’ consensus estimates of $2.16 by $0.33. Crown had a return on equity of 27.33% and a net margin of 5.91%. The firm had revenue of $3.67 billion during the quarter, compared to analysts’ expectations of $3.37 billion. During the same period last year, the firm posted $2.15 EPS. The business’s revenue was up 16.5% on a year-over-year basis. Crown has set its Q3 2026 guidance at 2.200-2.30 EPS and its FY 2026 guidance at 8.300-8.50 EPS. On average, sell-side analysts forecast that Crown will post 8.39 EPS for the current fiscal year.

Crown Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Thursday, August 6th were given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Thursday, August 6th. Crown’s payout ratio is 20.14%.

Crown Company Profile

Crown Holdings, Inc (NYSE: CCK) is a global manufacturer of packaging products. The company primarily produces metal beverage cans and ends, food cans, aerosol cans, and metal closures used for beverages, food, household products, personal care items, and other consumer goods.

Crown also provides transit packaging solutions, including protective packaging systems and materials used to secure and transport industrial and consumer products. Its customers include beverage, food, household products, personal care, and industrial companies.

The company traces its history to 1892, when it was founded as Crown Cork & Seal Company following the development of the crown cork bottle closure.