Crown Holdings, Inc. $CCK Shares Sold by Jennison Associates LLC

Jennison Associates LLC cut its holdings in Crown Holdings, Inc. (NYSE:CCK) by 59.5% during the fourth quarter, HoldingsChannel reports. The fund owned 582,375 shares of the industrial products company’s stock after selling 856,743 shares during the period. Jennison Associates LLC’s holdings in Crown were worth $59,967,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Interchange Capital Partners LLC acquired a new position in Crown in the fourth quarter valued at approximately $328,000. Certuity LLC lifted its holdings in Crown by 113.4% in the fourth quarter. Certuity LLC now owns 5,525 shares of the industrial products company’s stock valued at $569,000 after acquiring an additional 2,936 shares during the last quarter. R Squared Ltd lifted its holdings in Crown by 56.3% in the fourth quarter. R Squared Ltd now owns 4,058 shares of the industrial products company’s stock valued at $418,000 after acquiring an additional 1,462 shares during the last quarter. M&T Bank Corp lifted its holdings in Crown by 48.0% in the fourth quarter. M&T Bank Corp now owns 4,127 shares of the industrial products company’s stock valued at $424,000 after acquiring an additional 1,339 shares during the last quarter. Finally, Eads & Heald Wealth Management acquired a new position in Crown in the fourth quarter valued at approximately $302,000. 90.93% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CCK has been the topic of a number of recent analyst reports. Bank of America decreased their price objective on Crown from $131.00 to $126.00 and set a “buy” rating on the stock in a report on Monday, April 6th. Citigroup upped their price objective on Crown from $127.00 to $129.00 and gave the company a “buy” rating in a report on Wednesday. Mizuho upped their price objective on Crown from $120.00 to $130.00 and gave the company an “outperform” rating in a report on Thursday, February 5th. Jefferies Financial Group reiterated a “buy” rating on shares of Crown in a report on Monday, February 23rd. Finally, Morgan Stanley restated an “overweight” rating on shares of Crown in a research note on Friday, February 6th. Eleven research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, Crown currently has a consensus rating of “Moderate Buy” and an average target price of $120.93.

Crown Stock Down 0.8%

NYSE:CCK opened at $98.26 on Friday. The company has a quick ratio of 0.66, a current ratio of 1.12 and a debt-to-equity ratio of 1.67. The stock’s fifty day moving average is $105.34 and its two-hundred day moving average is $102.79. Crown Holdings, Inc. has a 52 week low of $89.21 and a 52 week high of $116.62. The stock has a market capitalization of $11.03 billion, a price-to-earnings ratio of 15.65, a price-to-earnings-growth ratio of 1.63 and a beta of 0.75.

Crown (NYSE:CCK) last released its quarterly 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 company 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 earned $1.67 earnings per share. The firm’s revenue was up 12.9% compared to the same quarter last year. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q2 2026 guidance at 2.100-2.200 EPS. Research analysts anticipate that Crown Holdings, Inc. will post 8.03 EPS for the current year.

Crown Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th will be 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 is Thursday, May 14th. Crown’s dividend payout ratio is 21.98%.

Insider Buying and Selling at Crown

In other news, CEO Timothy J. Donahue sold 7,500 shares of the stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $106.85, for a total value of $801,375.00. Following 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 ownership of the stock. 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 stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $114.80, for a total value of $3,413,463.20. Following the completion of the sale, the chief operating officer owned 88,052 shares in the company, valued at approximately $10,108,369.60. The trade was a 25.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 52,234 shares of company stock worth $5,832,363. Insiders own 0.90% of the company’s stock.

Crown News Summary

Here are the key news stories impacting Crown this week:

• Positive Sentiment: Crown’s Board declared a quarterly cash dividend of $0.35 per share, payable May 28 (record May 14). The dividend supports income-focused holders and signals free‑cash‑flow confidence. CROWN HOLDINGS, INC. DECLARES QUARTERLY DIVIDEND
• Positive Sentiment: Q1 results showed sales growth and an EPS beat versus expectations, reflecting top‑line strength and underlying demand in packaging end markets — supportive for revenue momentum. Crown Holdings, Inc. Q1 2026 Earnings Call Summary
• Neutral Sentiment: Third‑party commentary and analyst roundups (e.g., sector note comparing consumer cyclical names) provide context but no direct new company action; useful for thematic perspective rather than immediate catalyst. Analysts Offer Insights on Consumer Cyclical Companies
• Neutral Sentiment: Several notices about Albion Crown VCT (a UK closed‑end vehicle) changing share capital / director reinvestment are unrelated to CCK’s operations and unlikely to affect CCK stock. Albion Crown VCT Updates Share Capital and Voting Rights
• Negative Sentiment: Analysts at UBS cut their price target to $112 (from $120) while keeping a neutral rating — a signal of more cautious near‑term upside expectations. UBS adjusts price target on Crown Holdings
• Negative Sentiment: JPMorgan lowered its price target to $107 (from $115) and kept a neutral stance, which can weigh on sentiment given these large‑bank signals to institutional investors. Benzinga – JPMorgan price target change
• Negative Sentiment: Analyst deep dives flag margin pressure and tight can markets that could constrain near‑term profitability even as sales grow — a factor behind cautious guidance interpretation. CCK Q1 CY2026 Deep Dive: Margin Pressure and Tight Can Markets Shape Outlook

Crown 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.