Panagora Asset Management Inc. Invests $59.72 Million in Crown Holdings, Inc. $CCK

Posted by Brenda Bartman on Jun 15th, 2026

Panagora Asset Management Inc. bought a new position in Crown Holdings, Inc. (NYSE:CCK – Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 579,955 shares of the industrial products company’s stock, valued at approximately $59,718,000.

Other institutional investors also recently modified their holdings of the company. Smartleaf Asset Management LLC increased its stake in shares of Crown by 105.0% in the 3rd quarter. Smartleaf Asset Management LLC now owns 289 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 148 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new position in shares of Crown in the 3rd quarter worth about $29,000. ORG Partners LLC increased its stake 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. increased its stake 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. bought a new position in shares of Crown in the 4th quarter worth about $42,000. 90.93% of the stock is currently owned by institutional investors.

Crown Stock Down 0.1%

NYSE:CCK opened at $98.86 on Monday. The firm has a market cap of $11.05 billion, a P/E ratio of 15.74, a P/E/G ratio of 1.63 and a beta of 0.63. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.70 and a current ratio of 1.12. Crown Holdings, Inc. has a fifty-two week low of $89.21 and a fifty-two week high of $116.62. The firm has a 50-day simple moving average of $99.90 and a two-hundred day simple moving average of $103.03.

Crown (NYSE:CCK – Get Free Report) last released its quarterly earnings data on Monday, April 27th. The industrial products company reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.75 by $0.11. The business had revenue of $3.26 billion during 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%. Crown’s revenue was up 12.9% compared to the same quarter last year. During the same period last year, the business earned $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. Analysts predict that Crown Holdings, Inc. will post 8.05 earnings per share for the current fiscal year.

Crown Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Thursday, May 14th. Crown’s dividend payout ratio (DPR) is currently 22.29%.

Analysts Set New Price Targets

Several research analysts recently issued reports on CCK shares. Bank of America decreased their price target on shares of Crown from $131.00 to $126.00 and set a “buy” rating for the company in a research note on Monday, April 6th. Citigroup increased their price target on shares of Crown from $127.00 to $129.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Weiss Ratings reiterated a “buy (b)” rating on shares of Crown in a research note on Friday, March 27th. Jefferies Financial Group reiterated a “buy” rating on shares of Crown in a research note on Monday, February 23rd. Finally, UBS Group decreased their price target on shares of Crown from $120.00 to $112.00 and set a “neutral” rating for the company in a research note on Wednesday, April 29th. Twelve investment 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 currently has a consensus rating of “Moderate Buy” and an average price target of $120.00.

Read Our Latest Report on Crown

Insiders Place Their Bets

In other Crown news, CEO Timothy J. Donahue sold 7,500 shares of the firm’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $106.85, for a total transaction of $801,375.00. Following the completion of the sale, the chief executive officer directly owned 451,070 shares in the company, valued at approximately $48,196,829.50. This trade represents a 1.64% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.90% of the company’s stock.

Crown Company Profile

(Free Report)

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.