denkapparat Operations GmbH Purchases Shares of 4,852 Crown Holdings, Inc. $CCK

denkapparat Operations GmbH bought a new stake in Crown Holdings, Inc. (NYSE:CCK) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 4,852 shares of the industrial products company’s stock, valued at approximately $500,000.

Other institutional investors also recently made changes to their positions in the company. Larson Financial Group LLC raised its stake in shares of Crown by 47.6% during the 1st quarter. Larson Financial Group LLC now owns 332 shares of the industrial products company’s stock worth $30,000 after buying an additional 107 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in Crown by 45.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 111 shares in the last quarter. Signaturefd LLC raised its position in Crown by 161.2% during the first quarter. Signaturefd LLC now owns 397 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 245 shares during the last quarter. National Pension Service lifted its holdings in shares of Crown by 74.4% in the first quarter. National Pension Service now owns 443 shares of the industrial products company’s stock valued at $40,000 after purchasing an additional 189 shares in the last quarter. Finally, Ameritas Advisory Services LLC acquired a new stake in shares of Crown in the second quarter valued at approximately $46,000. 90.93% of the stock is currently owned by hedge funds and other institutional investors.

Crown Stock Up 1.0%

Shares of CCK opened at $100.14 on Wednesday. Crown Holdings, Inc. has a fifty-two week low of $75.98 and a fifty-two week high of $109.48. The company’s fifty day moving average is $95.46 and its two-hundred day moving average is $99.05. The firm has a market cap of $11.55 billion, a PE ratio of 12.39, a price-to-earnings-growth ratio of 1.30 and a beta of 0.78. 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 (NYSE:CCK) last issued its earnings results on Monday, October 20th. The industrial products company reported $2.24 earnings per share for the quarter, topping the consensus estimate of $1.98 by $0.26. Crown had a return on equity of 27.35% and a net margin of 7.79%.The business had revenue of $3.20 billion for the quarter, compared to analyst estimates of $3.13 billion. During the same period last year, the company posted $1.99 EPS. The business’s quarterly revenue 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. Analysts forecast that Crown Holdings, Inc. will post 6.96 earnings per share for the current year.

Crown Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 20th. Stockholders of record on Thursday, November 6th will be issued a dividend of $0.26 per share. The ex-dividend date is Thursday, November 6th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.0%. Crown’s payout ratio is presently 12.87%.

Insider Transactions at Crown

In related news, CEO Timothy J. Donahue sold 13,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $100.52, for a total value of $1,306,760.00. Following the transaction, the chief executive officer owned 449,056 shares in the company, valued at approximately $45,139,109.12. This trade represents a 2.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.90% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently issued reports on CCK. Royal Bank Of Canada upped their target price on Crown from $116.00 to $120.00 and gave the company an “outperform” rating in a research note on Wednesday, October 22nd. Wells Fargo & Company boosted their price target on Crown from $97.00 to $99.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 22nd. Loop Capital increased their price objective on Crown from $129.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, July 23rd. Weiss Ratings reissued a “buy (b-)” rating on shares of Crown in a research note on Wednesday, October 8th. Finally, UBS Group reaffirmed a “buy” rating and set a $117.00 price target on shares of Crown in a research note on Tuesday, October 21st. Twelve research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Crown presently has a consensus rating of “Moderate Buy” and an average target price of $118.08.

About Crown

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.