Kovitz Investment Group Partners LLC reduced its stake in Crown Holdings, Inc. (NYSE:CCK – Free Report) by 17.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 23,660 shares of the industrial products company’s stock after selling 5,102 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in Crown were worth $2,436,000 at the end of the most recent reporting period.
Several other hedge funds have also recently bought and sold shares of the stock. Root Financial Partners LLC grew its position in shares of Crown by 23.8% in the fourth quarter. Root Financial Partners LLC now owns 473 shares of the industrial products company’s stock valued at $49,000 after purchasing an additional 91 shares during the last quarter. Parallel Advisors LLC lifted its holdings in Crown by 12.5% during the 4th quarter. Parallel Advisors LLC now owns 934 shares of the industrial products company’s stock worth $96,000 after purchasing an additional 104 shares during the last quarter. ORG Partners LLC lifted its holdings in Crown by 52.5% during the 4th quarter. ORG Partners LLC now owns 305 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 105 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in Crown by 45.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 111 shares during the period. Finally, Siemens Fonds Invest GmbH boosted its stake in Crown by 7.7% in the 3rd quarter. Siemens Fonds Invest GmbH now owns 1,626 shares of the industrial products company’s stock valued at $157,000 after purchasing an additional 116 shares during the period. 90.93% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Crown
In related news, CEO Timothy J. Donahue sold 7,500 shares of the firm’s stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $106.85, for a total transaction of $801,375.00. Following the sale, the chief executive officer owned 451,070 shares of the company’s stock, valued at $48,196,829.50. This trade represents a 1.64% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.90% of the stock is currently owned by company insiders.
Analyst Upgrades and Downgrades
Crown Stock Up 0.0%
CCK stock opened at $101.54 on Friday. The firm has a 50-day moving average price of $99.70 and a 200-day moving average price of $103.14. Crown Holdings, Inc. has a 12 month low of $89.21 and a 12 month high of $116.62. The company has a current ratio of 1.12, a quick ratio of 0.70 and a debt-to-equity ratio of 1.67. The stock has a market capitalization of $11.35 billion, a P/E ratio of 16.17, a price-to-earnings-growth ratio of 1.68 and a beta of 0.63.
Crown (NYSE:CCK – Get Free Report) last announced its quarterly earnings results on Monday, April 27th. The industrial products company reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.75 by $0.11. The company had revenue of $3.26 billion for the quarter, compared to analyst estimates of $3.03 billion. Crown had a net margin of 5.65% and a return on equity of 26.62%. The firm’s revenue was up 12.9% on a year-over-year basis. During the same period in the previous year, the firm posted $1.67 EPS. 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 research analysts anticipate that Crown Holdings, Inc. will post 8.05 EPS for the current fiscal year.
Crown Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, May 28th. Stockholders of record on Thursday, May 14th were issued a dividend of $0.35 per share. The ex-dividend date was Thursday, May 14th. This represents a $1.40 annualized dividend and a dividend yield of 1.4%. 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.
Read More
- Five stocks we like better than Crown
- Aehr Spikes on New Order, But Has Stock Gotten Ahead of Itself?
- Rackspace’s AI Land Grab: Plugging Into the Next Compute Boom
- Satellogic Is Tiny But Its Revenue Growth Is Hard to Ignore
- Why Kroger’s Pullback Could Be a Gift for Patient Investors
Want to see what other hedge funds are holding CCK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Crown Holdings, Inc. (NYSE:CCK – Free Report).
Receive News & Ratings for Crown Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crown and related companies with MarketBeat.com's FREE daily email newsletter.
