Bull Harbor Capital LLC Invests $736,000 in Crown Holdings, Inc. $CCK

Bull Harbor Capital LLC purchased a new stake in Crown Holdings, Inc. (NYSE:CCK – Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,342 shares of the industrial products company’s stock, valued at approximately $736,000.

Several other hedge funds also recently made changes to their positions in the company. Norges Bank acquired a new position in shares of Crown in the 4th quarter valued at about $158,288,000. Fuller & Thaler Asset Management Inc. acquired a new stake in shares of Crown in the 4th quarter worth approximately $127,230,000. AQR Capital Management LLC lifted its holdings in shares of Crown by 36.9% in the third quarter. AQR Capital Management LLC now owns 3,467,550 shares of the industrial products company’s stock valued at $333,197,000 after buying an additional 933,938 shares during the period. Invesco Ltd. raised its holdings in shares of Crown by 33.6% in the 4th quarter. Invesco Ltd. now owns 3,526,983 shares of the industrial products company’s stock worth $363,173,000 after purchasing an additional 886,471 shares in the last quarter. Finally, LSV Asset Management raised its position in shares of Crown by 542.2% during the fourth quarter. LSV Asset Management now owns 858,275 shares of the industrial products company’s stock worth $88,377,000 after purchasing an additional 724,620 shares during the period. Institutional investors and hedge funds own 90.93% of the company’s stock.

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Key Crown News

Here are the key news stories impacting Crown this week:

• Positive Sentiment: Crown was highlighted among three industrial stocks to buy, with analysts citing resilient manufacturing activity, infrastructure spending and longer-term demand for packaging products as potential supports for its earnings outlook. 3 Industrial Stocks to Buy Amid Manufacturing Resilience
• Positive Sentiment: Coverage of Crown’s packaging outlook points to ongoing attention on the company’s metal packaging businesses and potential benefits from stable consumer and industrial demand. Crown Holdings Packaging Outlook Takes Center Stage
• Positive Sentiment: A long-term growth article presents Crown as an attractive growth stock, reinforcing the bullish narrative following its strong quarterly results, including earnings and revenue that exceeded analyst expectations. Why Crown Holdings Is a Top Growth Stock for the Long Term
• Neutral Sentiment: Analyst coverage assigns Crown a consensus “Moderate Buy” rating, supporting sentiment but not indicating a fresh change in estimates or recommendations. Crown Holdings Given Average Recommendation of Moderate Buy
• Negative Sentiment: Crown recently reached a 52-week high, prompting discussion of whether investors should take profits. Its elevated valuation and momentum may make the stock more vulnerable to short-term selling if further catalysts do not emerge. Crown Holdings Soars to 52-Week High

Analyst Ratings Changes

Several brokerages have issued reports on CCK. DA Davidson cut their target price on shares of Crown from $115.00 to $107.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 13th. BMO Capital Markets raised their price objective on shares of Crown from $130.00 to $135.00 and gave the company an “outperform” rating in a research report on Wednesday, July 22nd. Royal Bank Of Canada raised their target price on Crown from $131.00 to $135.00 and gave the company an “outperform” rating in a report on Friday, July 24th. Bank of America raised their price target on Crown from $129.00 to $145.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th. Finally, JPMorgan Chase & Co. lowered shares of Crown from an “overweight” rating to a “neutral” rating and upped their price objective for the company from $107.00 to $121.00 in a research report on Wednesday, July 22nd. Eleven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, Crown currently has a consensus rating of “Moderate Buy” and a consensus target price of $128.20.

View Our Latest Research Report on Crown

Crown Trading Down 1.2%

CCK stock opened at $118.27 on Friday. Crown Holdings, Inc. has a fifty-two week low of $89.21 and a fifty-two week high of $121.90. The stock has a market capitalization of $13.22 billion, a price-to-earnings ratio of 17.02, a P/E/G ratio of 1.68 and a beta of 0.60. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.05 and a quick ratio of 0.65. The business has a fifty day moving average price of $106.43 and a 200 day moving average price of $105.61.

Crown (NYSE:CCK – Get Free Report) last released its quarterly earnings results on Monday, July 20th. The industrial products company reported $2.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.16 by $0.33. Crown had a return on equity of 27.33% and a net margin of 5.91%.The business had revenue of $3.67 billion during the quarter, compared to analysts’ expectations of $3.37 billion. During the same period in the previous year, the business posted $2.15 earnings per share. The firm’s revenue for the quarter was up 16.5% compared to the same quarter last year. Crown has set its Q3 2026 guidance at 2.200-2.30 EPS and its FY 2026 guidance at 8.300-8.50 EPS. Analysts expect that Crown Holdings, Inc. will post 8.39 EPS for the current fiscal year.

Crown Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Thursday, August 6th will be issued a $0.35 dividend. The ex-dividend date of this dividend is Thursday, August 6th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.2%. Crown’s dividend payout ratio (DPR) is currently 20.14%.

Insiders Place Their Bets

In related news, CEO Timothy J. Donahue sold 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $105.00, for a total value of $1,575,000.00. Following the completion of the transaction, the chief executive officer owned 436,070 shares in the company, valued at $45,787,350. The trade was a 3.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.90% of the stock is owned by company insiders.

About Crown

(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.

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