Wells Fargo & Company Cuts Crown (NYSE:CCK) Price Target to $109.00

Crown (NYSE:CCK) had its price objective decreased by Wells Fargo & Company from $111.00 to $109.00 in a report issued on Tuesday morning,Benzinga reports. Wells Fargo & Company currently has an equal weight rating on the industrial products company’s stock.

Several other equities analysts also recently weighed in on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Crown in a research report on Friday, March 27th. UBS Group dropped their target price on Crown from $126.00 to $120.00 and set a “neutral” rating for the company in a research report on Friday, April 10th. Deutsche Bank Aktiengesellschaft assumed coverage on Crown in a report on Wednesday, April 1st. They issued a “buy” rating and a $124.00 target price for the company. Wolfe Research set a $115.00 target price on Crown in a research note on Friday, February 6th. Finally, Royal Bank Of Canada boosted their target price on Crown from $120.00 to $140.00 and gave the stock an “outperform” rating in a research note on Monday, February 9th. Twelve equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $124.40.

Crown Stock Performance

Shares of Crown stock opened at $104.41 on Tuesday. The stock has a market capitalization of $11.72 billion, a price-to-earnings ratio of 16.39, a price-to-earnings-growth ratio of 1.72 and a beta of 0.75. The company has a debt-to-equity ratio of 1.55, a current ratio of 1.03 and a quick ratio of 0.66. The business has a 50-day moving average of $107.26 and a 200 day moving average of $102.26. Crown has a 12 month low of $83.23 and a 12 month high of $116.62.

Crown (NYSE:CCK) last released its earnings results on Wednesday, February 4th. The industrial products company reported $1.74 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.05. The company had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $2.99 billion. Crown had a return on equity of 26.68% and a net margin of 5.97%.Crown’s revenue was up 7.7% compared to the same quarter last year. During the same period in the previous year, the company 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. As a group, sell-side analysts forecast that Crown will post 6.96 earnings per share for the current year.

Crown Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th were paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Tuesday, March 17th. This is a positive change from Crown’s previous quarterly dividend of $0.26. Crown’s payout ratio is presently 21.98%.

Insider Buying and Selling at Crown

In other news, CEO Timothy J. Donahue sold 7,500 shares of the firm’s stock in a transaction dated 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 approximately $48,196,829.50. This trade represents a 1.64% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Djalma Novaes, Jr. sold 29,734 shares of the firm’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $114.80, for a total value of $3,413,463.20. Following the sale, the chief operating officer directly owned 88,052 shares in the company, valued at $10,108,369.60. This trade represents a 25.24% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 59,734 shares of company stock valued at $6,619,863 over the last three months. 0.90% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Crown

Several hedge funds and other institutional investors have recently made changes to their positions in the business. State Street Corp raised its position in shares of Crown by 2.1% during the 3rd quarter. State Street Corp now owns 4,514,736 shares of the industrial products company’s stock worth $436,078,000 after acquiring an additional 93,045 shares in the last quarter. AQR Capital Management LLC raised its position in shares of Crown by 19.3% during the 4th quarter. AQR Capital Management LLC now owns 4,137,962 shares of the industrial products company’s stock worth $426,086,000 after acquiring an additional 670,412 shares in the last quarter. Invesco Ltd. raised its position in shares of Crown by 33.6% during the 4th quarter. Invesco Ltd. now owns 3,526,983 shares of the industrial products company’s stock worth $363,173,000 after acquiring an additional 886,471 shares in the last quarter. Franklin Resources Inc. raised its position in shares of Crown by 5.3% during the 3rd quarter. Franklin Resources Inc. now owns 2,979,842 shares of the industrial products company’s stock worth $287,823,000 after acquiring an additional 149,700 shares in the last quarter. Finally, Swedbank AB raised its position in shares of Crown by 1.9% during the 4th quarter. Swedbank AB now owns 2,541,183 shares of the industrial products company’s stock worth $261,666,000 after acquiring an additional 47,613 shares in the last quarter. Institutional investors and hedge funds own 90.93% of the company’s stock.

Key Headlines Impacting Crown

Here are the key news stories impacting Crown this week:

• Positive Sentiment: Recent quarterly results and outlook came in stronger than feared: Q4 EPS of $1.74 beat estimates, revenue of $3.13B topped expectations, revenue grew ~7.7% year/year, and management set FY2026 EPS guidance of $7.90–$8.30 (Q1 guidance $1.70–$1.80). That supports longer‑term earnings visibility. MarketBeat: CCK
• Positive Sentiment: Crown recently raised its quarterly dividend to $0.35 (from $0.26), increasing yield and returning cash to shareholders — a shareholder‑friendly move that can support valuation. Dividend article
• Positive Sentiment: Institutional ownership and recent inflows are notable (several managers added positions in the latest quarter), which can provide support to the stock during volatility. Institutional holdings
• Neutral Sentiment: CEO Timothy Donahue sold 7,500 shares at an average $106.85 under a pre‑arranged Rule 10b5‑1 plan (a ~1.6% reduction of his holding). The sale is disclosed to the SEC and appears to be part of an automated plan, which typically reduces immediate governance concerns. InsiderTrades: CEO sale
• Negative Sentiment: Multiple analysts trimmed price targets or adjusted ratings this week (Wells Fargo cut its PT to $109; Citigroup lowered its PT to $127; Truist trimmed its PT from $135 to $129 while keeping a buy). Those revisions increase near‑term selling pressure and recalibrate expectations. Wells Fargo PT cut Citigroup PT cut Truist note

About Crown

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.