Eisler Capital Management Ltd. Buys Shares of 4,600 Crown Holdings, Inc. $CCK

Eisler Capital Management Ltd. purchased a new position in shares of Crown Holdings, Inc. (NYSE:CCK) during the second quarter, Holdings Channel.com reports. The fund purchased 4,600 shares of the industrial products company’s stock, valued at approximately $474,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Geneos Wealth Management Inc. increased 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 worth $32,000 after buying an additional 111 shares during the period. National Pension Service increased its holdings 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 acquiring an additional 189 shares during the period. Ameritas Advisory Services LLC bought a new stake in Crown in the 2nd quarter valued at about $46,000. Cullen Frost Bankers Inc. boosted its stake in Crown by 3,569.2% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 477 shares of the industrial products company’s stock valued at $49,000 after purchasing an additional 464 shares during the period. Finally, Allworth Financial LP increased its stake in shares of Crown by 420.9% in the second quarter. Allworth Financial LP now owns 599 shares of the industrial products company’s stock valued at $62,000 after purchasing an additional 484 shares during the period. Institutional investors and hedge funds own 90.93% of the company’s stock.

Crown Stock Down 2.1%

NYSE CCK opened at $95.26 on Tuesday. Crown Holdings, Inc. has a 12 month low of $75.98 and a 12 month high of $109.48. The company has a market capitalization of $10.99 billion, a P/E ratio of 11.79, a PEG ratio of 1.30 and a beta of 0.78. The company’s 50 day simple moving average is $95.84 and its 200 day simple moving average is $99.09. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.06 and a quick ratio of 0.69.

Crown (NYSE:CCK) last posted its quarterly earnings results on Monday, October 20th. The industrial products company reported $2.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.98 by $0.26. The firm had revenue of $3.20 billion for the quarter, compared to analyst estimates of $3.13 billion. Crown had a net margin of 7.79% and a return on equity of 27.35%. The firm’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $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. Equities research analysts expect that Crown Holdings, Inc. will post 6.96 earnings per share for the current fiscal year.

Crown Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, November 20th. Stockholders of record on Thursday, November 6th were 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 was Thursday, November 6th. Crown’s dividend payout ratio is currently 12.87%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on CCK shares. Truist Financial reiterated a “buy” rating and set a $126.00 price objective (up from $118.00) on shares of Crown in a research report on Wednesday, October 22nd. Mizuho increased their price target on 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 restated an “outperform” rating and set a $115.00 price objective (up from $110.00) on shares of Crown in a research note on Wednesday, October 22nd. Wells Fargo & Company upped their price objective on shares of Crown from $97.00 to $99.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 22nd. Finally, Royal Bank Of Canada upped their target price on Crown from $116.00 to $120.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 22nd. Twelve investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Crown presently has a consensus rating of “Moderate Buy” and a consensus target price 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.