Pacer Advisors Inc. lowered its stake in shares of Crown Holdings, Inc. (NYSE:CCK – Free Report) by 15.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 549,429 shares of the industrial products company’s stock after selling 100,547 shares during the quarter. Pacer Advisors Inc.’s holdings in Crown were worth $56,575,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors also recently bought and sold shares of the company. Smartleaf Asset Management LLC lifted its holdings 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 during the period. Caitong International Asset Management Co. Ltd purchased a new position in shares of Crown during the 3rd quarter worth approximately $29,000. ORG Partners LLC raised its position in shares of Crown by 52.5% in the 4th 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. Geneos Wealth Management Inc. raised its position 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 in the last quarter. Finally, BOK Financial Private Wealth Inc. purchased a new position in shares of Crown in the 4th quarter valued at approximately $42,000. 90.93% of the stock is owned by institutional investors.
Insider Buying and Selling at Crown
In other news, CEO Timothy J. Donahue sold 7,500 shares of the business’s stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $106.85, for a total value of $801,375.00. Following the completion of the transaction, the chief executive officer owned 451,070 shares in the company, valued at $48,196,829.50. The trade was a 1.64% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.90% of the stock is owned by corporate insiders.
Analyst Ratings Changes
Get Our Latest Research Report on CCK
Crown Trading Up 0.0%
Shares of NYSE CCK opened at $101.54 on Friday. The firm’s 50 day moving average price is $99.70 and its 200-day moving average price is $103.14. Crown Holdings, Inc. has a 52-week low of $89.21 and a 52-week high of $116.62. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.70 and a current ratio of 1.12. The company has a market cap of $11.35 billion, a PE ratio of 16.17, a P/E/G 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 for the quarter, beating the consensus estimate of $1.75 by $0.11. Crown had a net margin of 5.65% and a return on equity of 26.62%. The company had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $3.03 billion. During the same quarter last year, the firm earned $1.67 earnings per share. The firm’s quarterly revenue was up 12.9% compared to the same quarter last year. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q2 2026 guidance at 2.100-2.200 EPS. On average, equities research analysts expect that Crown Holdings, Inc. will post 8.05 EPS for the current fiscal year.
Crown Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were issued a $0.35 dividend. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.4%. Crown’s dividend payout ratio (DPR) is presently 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.
Featured Stories
- 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.
