Crown Holdings, Inc. (NYSE:CCK – Get Free Report) CEO Timothy Donahue sold 15,000 shares of the company’s stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $105.00, for a total transaction of $1,575,000.00. Following the completion of the sale, the chief executive officer owned 436,070 shares in the company, valued at approximately $45,787,350. This trade represents a 3.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Crown Stock Up 0.8%
Shares of NYSE:CCK opened at $109.82 on Friday. 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 fifty day simple moving average of $99.67 and a two-hundred day simple moving average of $103.42. Crown Holdings, Inc. has a 12-month low of $89.21 and a 12-month high of $116.62. The stock has a market capitalization of $12.27 billion, a price-to-earnings ratio of 17.49, a PEG ratio of 1.80 and a beta of 0.63.
Crown (NYSE:CCK – Get Free Report) last released its earnings results on Monday, April 27th. The industrial products company reported $1.86 EPS for the quarter, topping analysts’ consensus estimates of $1.75 by $0.11. Crown had a return on equity of 26.62% and a net margin of 5.65%.The firm had revenue of $3.26 billion for the quarter, compared to analysts’ expectations of $3.03 billion. During the same period in the prior year, the firm posted $1.67 earnings per share. The company’s quarterly revenue was up 12.9% on a year-over-year basis. 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, research analysts anticipate that Crown Holdings, Inc. will post 8.05 earnings per share for the current fiscal year.
Crown Dividend Announcement
Analyst Ratings Changes
A number of equities analysts recently weighed in on CCK shares. Weiss Ratings restated a “buy (b)” rating on shares of Crown in a report on Friday, March 27th. Citigroup increased their target price on Crown from $127.00 to $129.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. DA Davidson reduced their price objective on Crown from $115.00 to $107.00 and set a “neutral” rating for the company in a report on Wednesday, May 13th. Wall Street Zen upgraded shares of Crown from a “hold” rating to a “buy” rating in a research note on Saturday, June 20th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Crown in a report on Wednesday, April 1st. They set a “buy” rating and a $124.00 price target on the stock. Twelve equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $120.14.
Check Out Our Latest Analysis on Crown
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Crown during the third quarter worth about $29,000. ORG Partners LLC increased its position in Crown by 52.5% in the fourth 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. raised its position in shares of 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 buying an additional 111 shares in the last quarter. BOK Financial Private Wealth Inc. bought a new stake in Crown during the fourth quarter worth approximately $42,000. Finally, Smartleaf Asset Management LLC raised its position in Crown by 52.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 440 shares of the industrial products company’s stock valued at $46,000 after purchasing an additional 151 shares during the period. Institutional investors own 90.93% of the company’s stock.
Crown Company 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.
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