LSV Asset Management Raises Position in Crown Holdings, Inc. $CCK

LSV Asset Management lifted its position in shares of Crown Holdings, Inc. (NYSE:CCK) by 126.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 133,655 shares of the industrial products company’s stock after acquiring an additional 74,655 shares during the quarter. LSV Asset Management owned 0.12% of Crown worth $12,910,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Harbor Capital Advisors Inc. increased its position in Crown by 103.1% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 264 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 134 shares during the period. Smartleaf Asset Management LLC boosted its stake in shares of Crown by 105.0% in the third quarter. Smartleaf Asset Management LLC now owns 289 shares of the industrial products company’s stock valued at $28,000 after buying an additional 148 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in Crown by 45.3% during the first 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 during the period. Quent Capital LLC acquired a new stake in Crown in the third quarter valued at $34,000. Finally, Root Financial Partners LLC purchased a new stake in shares of Crown during the 3rd quarter worth $37,000. Institutional investors and hedge funds own 90.93% of the company’s stock.

Insider Buying and Selling

In related news, COO Djalma Novaes, Jr. sold 19,754 shares of the company’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $101.02, for a total transaction of $1,995,549.08. Following the transaction, the chief operating officer owned 96,841 shares of the company’s stock, valued at approximately $9,782,877.82. This represents a 16.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Timothy J. Donahue sold 29,024 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $105.00, for a total transaction of $3,047,520.00. Following the sale, the chief executive officer owned 411,556 shares in the company, valued at approximately $43,213,380. This trade represents a 6.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 64,754 shares of company stock valued at $6,720,634. Company insiders own 0.90% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on CCK shares. Morgan Stanley reiterated an “overweight” rating on shares of Crown in a report on Friday, February 6th. Wall Street Zen raised shares of Crown from a “hold” rating to a “buy” rating in a report on Sunday. Mizuho lifted their price target on shares of Crown from $120.00 to $130.00 and gave the company an “outperform” rating in a research report on Thursday, February 5th. JPMorgan Chase & Co. cut Crown from an “overweight” rating to a “neutral” rating and upped their price target for the stock from $112.00 to $155.00 in a report on Friday, February 6th. Finally, Royal Bank Of Canada raised their price objective on Crown from $120.00 to $140.00 and gave the company an “outperform” rating in a research note on Monday, February 9th. Ten investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $125.86.

Crown Trading Up 0.3%

Shares of Crown stock opened at $110.76 on Friday. Crown Holdings, Inc. has a 1 year low of $75.98 and a 1 year high of $115.85. 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 price of $104.33 and a 200 day moving average price of $99.59. The company has a market capitalization of $12.78 billion, a P/E ratio of 17.39, a P/E/G ratio of 1.29 and a beta of 0.73.

Crown (NYSE:CCK) last released its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $1.74 earnings per share for the quarter, topping the consensus estimate of $1.69 by $0.05. Crown had a return on equity of 26.68% and a net margin of 5.97%.The company had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $2.99 billion. During the same quarter last year, the business posted $1.59 earnings per share. Crown’s revenue was up 7.7% compared to the same quarter last year. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q1 2026 guidance at 1.700-1.800 EPS. Sell-side analysts anticipate that Crown Holdings, Inc. will post 6.96 EPS for the current fiscal year.

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.