Nisa Investment Advisors LLC Boosts Stake in Crown Holdings, Inc. $CCK

Nisa Investment Advisors LLC grew its position in shares of Crown Holdings, Inc. (NYSE:CCK) by 541.0% during the second quarter, according to its most recent filing with the SEC. The firm owned 18,320 shares of the industrial products company’s stock after acquiring an additional 15,462 shares during the period. Nisa Investment Advisors LLC’s holdings in Crown were worth $1,887,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Larson Financial Group LLC boosted its position in shares of Crown by 47.6% in the 1st quarter. Larson Financial Group LLC now owns 332 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 107 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Crown by 45.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock worth $32,000 after buying an additional 111 shares during the last quarter. Signaturefd LLC grew its stake in shares of Crown by 161.2% in the 1st quarter. Signaturefd LLC now owns 397 shares of the industrial products company’s stock worth $35,000 after buying an additional 245 shares during the last quarter. National Pension Service grew its stake in shares of Crown by 74.4% in the 1st quarter. National Pension Service now owns 443 shares of the industrial products company’s stock worth $40,000 after buying an additional 189 shares during the last quarter. Finally, Ameritas Advisory Services LLC purchased a new stake in shares of Crown in the 2nd quarter worth approximately $46,000. Hedge funds and other institutional investors own 90.93% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on the company. UBS Group restated a “buy” rating and issued a $117.00 price target on shares of Crown in a research note on Tuesday, October 21st. Wells Fargo & Company upped their price target on Crown from $97.00 to $99.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 22nd. Baird R W downgraded Crown from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 17th. Weiss Ratings restated a “buy (b-)” rating on shares of Crown in a research note on Wednesday, October 8th. Finally, Robert W. Baird upped their price objective on Crown from $105.00 to $110.00 and gave the company a “neutral” rating in a research report on Wednesday, July 23rd. Twelve equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $118.08.

Crown Stock Up 0.6%

Shares of Crown stock opened at $96.02 on Friday. The company has a market cap of $11.17 billion, a price-to-earnings ratio of 11.88, a price-to-earnings-growth ratio of 1.30 and a beta of 0.73. The company’s 50 day moving average is $95.78 and its 200 day moving average is $98.23. Crown Holdings, Inc. has a twelve month low of $75.98 and a twelve month high of $109.48. The company has a quick ratio of 0.69, a current ratio of 1.06 and a debt-to-equity ratio of 1.67.

Crown (NYSE:CCK) last issued its quarterly earnings data on Monday, October 20th. The industrial products company reported $2.24 earnings per share for the quarter, beating analysts’ consensus estimates of $1.98 by $0.26. The company had revenue of $3.20 billion for the quarter, compared to the consensus estimate of $3.13 billion. Crown had a net margin of 7.79% and a return on equity of 27.35%. The firm’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.99 earnings per share. Crown has set its Q4 2025 guidance at 1.650-1.75 EPS. FY 2025 guidance at 7.700-7.80 EPS. Research analysts anticipate that Crown Holdings, Inc. will post 6.96 EPS for the current year.

Crown Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 20th. Stockholders of record on Thursday, November 6th will be issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, November 6th. Crown’s dividend payout ratio is presently 12.87%.

Insider Buying and Selling at Crown

In other news, CEO Timothy J. Donahue sold 37,000 shares of the stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $100.56, for a total transaction of $3,720,720.00. Following the transaction, the chief executive officer directly owned 462,056 shares of the company’s stock, valued at $46,464,351.36. This represents a 7.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.90% of the stock is owned by insiders.

Crown Company Profile

Crown Holdings, Inc, together with its subsidiaries, engages in the packaging business in the United States and internationally. It operates through Americas Beverage, European Beverage, Asia Pacific, and Transit Packaging segments. The company manufactures and sells recyclable aluminum beverage cans and ends, glass bottles, steel crowns, aluminum caps, non-beverage cans, and aerosol cans and closures.