Qsemble Capital Management LP Makes New $5.28 Million Investment in Crown Holdings, Inc. $CCK

Qsemble Capital Management LP purchased a new stake in Crown Holdings, Inc. (NYSE:CCK) during the fourth quarter, Holdings Channel.com reports. The firm purchased 51,284 shares of the industrial products company’s stock, valued at approximately $5,281,000.

A number of other institutional investors and hedge funds have also made changes to their positions in CCK. JPMorgan Chase & Co. increased its holdings in shares of Crown by 226.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,474,038 shares of the industrial products company’s stock valued at $142,377,000 after acquiring an additional 1,022,789 shares during the period. AQR Capital Management LLC lifted its position in Crown by 36.9% during the 3rd quarter. AQR Capital Management LLC now owns 3,467,550 shares of the industrial products company’s stock worth $333,197,000 after acquiring an additional 933,938 shares during the period. Scopus Asset Management L.P. acquired a new stake in Crown during the 2nd quarter worth about $47,214,000. Handelsbanken Fonder AB lifted its position in Crown by 242.1% during the 3rd quarter. Handelsbanken Fonder AB now owns 543,900 shares of the industrial products company’s stock worth $52,535,000 after acquiring an additional 384,900 shares during the period. Finally, Thrivent Financial for Lutherans lifted its holdings in shares of Crown by 84.2% in the 3rd quarter. Thrivent Financial for Lutherans now owns 835,374 shares of the industrial products company’s stock valued at $80,689,000 after buying an additional 381,766 shares during the period. 90.93% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Crown news, CEO Timothy J. Donahue sold 7,500 shares of the firm’s stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $106.85, for a total transaction of $801,375.00. Following the transaction, the chief executive officer owned 451,070 shares of the company’s stock, valued at approximately $48,196,829.50. This trade represents a 1.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Djalma Novaes, Jr. sold 29,734 shares of the firm’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $114.80, for a total value of $3,413,463.20. Following the transaction, the chief operating officer directly owned 88,052 shares in the company, valued at approximately $10,108,369.60. The trade was a 25.24% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 52,234 shares of company stock worth $5,832,363. Corporate insiders own 0.90% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on CCK. Wolfe Research set a $115.00 price objective on Crown in a report on Friday, February 6th. UBS Group cut their price objective on Crown from $120.00 to $112.00 and set a “neutral” rating for the company in a research note on Wednesday, April 29th. Truist Financial cut their price objective on Crown from $135.00 to $129.00 and set a “buy” rating for the company in a research note on Wednesday, April 15th. Wall Street Zen cut Crown from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. Finally, JPMorgan Chase & Co. decreased their price objective on Crown from $115.00 to $107.00 and set a “neutral” rating on the stock in a report on Wednesday, April 29th. Eleven investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $120.00.

Crown Stock Down 3.1%

Crown stock opened at $96.16 on Friday. The firm has a market capitalization of $10.75 billion, a P/E ratio of 15.31, a P/E/G ratio of 1.64 and a beta of 0.65. The stock’s fifty day simple moving average is $102.69 and its 200-day simple moving average is $103.16. The company has a current ratio of 1.12, a quick ratio of 0.70 and a debt-to-equity ratio of 1.67. Crown Holdings, Inc. has a twelve month low of $89.21 and a twelve month high of $116.62.

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

Crown Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 28th. Investors of record on Thursday, May 14th will be issued a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Thursday, May 14th. Crown’s dividend payout ratio is 22.29%.

Crown 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.