Crown Holdings, Inc. $CCK Shares Acquired by Howe & Rusling Inc.

Howe & Rusling Inc. lifted its position in Crown Holdings, Inc. (NYSE:CCK) by 2.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 100,484 shares of the industrial products company’s stock after acquiring an additional 2,838 shares during the period. Howe & Rusling Inc. owned 0.09% of Crown worth $10,348,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Larson Financial Group LLC increased its holdings in shares of Crown by 47.6% in the first quarter. Larson Financial Group LLC now owns 332 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 107 shares during the period. Geneos Wealth Management Inc. boosted its position in Crown by 45.3% in the first quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock valued at $32,000 after buying an additional 111 shares during the last quarter. Signaturefd LLC boosted its position in Crown by 161.2% in the first quarter. Signaturefd LLC now owns 397 shares of the industrial products company’s stock valued at $35,000 after buying an additional 245 shares during the last quarter. National Pension Service increased its holdings in 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 period. Finally, Ameritas Advisory Services LLC purchased a new position in Crown during the 2nd quarter worth approximately $46,000. Institutional investors and hedge funds own 90.93% of the company’s stock.

Crown Price Performance

NYSE:CCK opened at $94.87 on Thursday. 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 Holdings, Inc. has a 52 week low of $75.98 and a 52 week high of $109.48. The stock’s 50-day moving average price is $95.86 and its 200-day moving average price is $99.10. The stock has a market capitalization of $10.94 billion, a PE ratio of 11.74, a price-to-earnings-growth ratio of 1.30 and a beta of 0.78.

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

Crown Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 20th. Investors of record on Thursday, November 6th will be paid a $0.26 dividend. The ex-dividend date of this dividend is Thursday, November 6th. This represents a $1.04 dividend on an annualized basis and a yield of 1.1%. Crown’s dividend payout ratio (DPR) is currently 12.87%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on CCK. Mizuho increased their price objective on shares of Crown from $116.00 to $120.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 21st. Raymond James Financial reaffirmed an “outperform” rating and issued a $115.00 price target (up from $110.00) on shares of Crown in a report on Wednesday, October 22nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Crown in a research report on Thursday, November 13th. Robert W. Baird boosted their price objective on Crown from $105.00 to $110.00 and gave the company a “neutral” rating in a report on Wednesday, July 23rd. Finally, Wells Fargo & Company raised their target price on Crown from $97.00 to $99.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 22nd. Twelve analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Crown presently has an average rating of “Moderate Buy” and an average price target of $118.08.

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.