Crown (NYSE:CCK) Reaches New 12-Month High – Still a Buy?

Crown Holdings, Inc. (NYSE:CCK)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $116.62 and last traded at $115.8820, with a volume of 45988 shares traded. The stock had previously closed at $115.10.

Wall Street Analysts Forecast Growth

Several research firms recently commented on CCK. JPMorgan Chase & Co. cut Crown from an “overweight” rating to a “neutral” rating and raised their target price for the stock from $112.00 to $155.00 in a research note on Friday, February 6th. Wolfe Research set a $115.00 price target on Crown in a report on Friday, February 6th. Truist Financial reiterated a “buy” rating and issued a $135.00 price objective (up previously from $130.00) on shares of Crown in a research note on Friday, February 6th. UBS Group set a $126.00 target price on shares of Crown and gave the stock a “neutral” rating in a research note on Monday, February 9th. Finally, Jefferies Financial Group restated a “buy” rating on shares of Crown in a report on Monday. Eleven equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, Crown presently has a consensus rating of “Moderate Buy” and an average price target of $125.86.

Crown Stock Performance

The company’s 50 day simple moving average is $106.31 and its 200 day simple moving average is $100.19. The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.66 and a current ratio of 1.03. The stock has a market cap of $13.29 billion, a PE ratio of 18.11, a price-to-earnings-growth ratio of 1.34 and a beta of 0.73.

Crown (NYSE:CCK) last announced its earnings results on Wednesday, February 4th. The industrial products company reported $1.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.05. The firm had revenue of $3.13 billion during the quarter, compared to analyst estimates of $2.99 billion. Crown had a return on equity of 26.68% and a net margin of 5.97%.The business’s revenue was up 7.7% compared to the same quarter last year. During the same period last year, the firm posted $1.59 EPS. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q1 2026 guidance at 1.700-1.800 EPS. Analysts expect that Crown Holdings, Inc. will post 6.96 earnings per share for the current year.

Insider Activity at Crown

In other Crown news, CEO Timothy J. Donahue sold 29,024 shares of the company’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $105.00, for a total transaction of $3,047,520.00. Following the sale, the chief executive officer directly owned 411,556 shares of the company’s stock, valued at $43,213,380. This represents a 6.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Djalma Novaes, Jr. sold 29,734 shares of the stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $114.80, for a total transaction of $3,413,463.20. Following the transaction, the chief operating officer owned 88,052 shares of the company’s stock, valued at $10,108,369.60. This represents a 25.24% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 101,988 shares of company stock worth $10,964,122. 0.90% of the stock is owned by company insiders.

Institutional Investors Weigh In On Crown

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Harbor Capital Advisors Inc. raised its holdings in shares of Crown by 103.1% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 264 shares of the industrial products company’s stock valued at $25,000 after buying an additional 134 shares in the last quarter. Smartleaf Asset Management LLC boosted its stake in Crown by 105.0% in the third quarter. Smartleaf Asset Management LLC now owns 289 shares of the industrial products company’s stock worth $28,000 after buying an additional 148 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new position in Crown during the third quarter valued at approximately $29,000. ORG Partners LLC raised its stake in shares of Crown by 52.5% during the fourth quarter. ORG Partners LLC now owns 305 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 105 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its holdings 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 acquiring an additional 111 shares during the last quarter. 90.93% of the stock is currently owned by institutional investors.

Crown Company 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.