Catalyst Funds Management Pty Ltd Acquires New Position in Crown Holdings, Inc. $CCK

Catalyst Funds Management Pty Ltd acquired a new stake in Crown Holdings, Inc. (NYSE:CCK) in the 4th quarter, Holdings Channel reports. The fund acquired 10,100 shares of the industrial products company’s stock, valued at approximately $1,040,000.

Other institutional investors also recently bought and sold shares of the company. OLD National Bancorp IN raised its position in Crown by 507.7% during the 4th quarter. OLD National Bancorp IN now owns 89,549 shares of the industrial products company’s stock worth $9,221,000 after buying an additional 74,814 shares during the last quarter. AEGON ASSET MANAGEMENT UK Plc purchased a new position in Crown during the 3rd quarter worth approximately $15,472,000. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund raised its position in Crown by 235.5% during the 3rd quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 25,500 shares of the industrial products company’s stock worth $2,463,000 after buying an additional 17,900 shares during the last quarter. Nordea Investment Management AB raised its position in Crown by 2.2% during the 4th quarter. Nordea Investment Management AB now owns 1,666,360 shares of the industrial products company’s stock worth $171,668,000 after buying an additional 36,540 shares during the last quarter. Finally, Thrivent Financial for Lutherans raised its position in Crown by 84.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 835,374 shares of the industrial products company’s stock worth $80,689,000 after buying an additional 381,766 shares during the last quarter. 90.93% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, COO Djalma Novaes, Jr. sold 29,734 shares of Crown 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 sale, the chief operating officer owned 88,052 shares of the company’s stock, valued at approximately $10,108,369.60. This trade represents a 25.24% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Timothy J. Donahue sold 7,500 shares of Crown stock in a transaction on 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 $48,196,829.50. This represents a 1.64% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 44,734 shares of company stock worth $5,002,338 in the last three months. 0.90% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. JPMorgan Chase & Co. raised shares of Crown from a “neutral” rating to an “overweight” rating and set a $107.00 price target for the company in a research report on Monday, May 18th. Morgan Stanley reissued an “overweight” rating on shares of Crown in a research report on Friday, February 6th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Crown in a research report on Wednesday, April 1st. They set a “buy” rating and a $124.00 price target for the company. Bank of America reduced their price target on shares of Crown from $131.00 to $126.00 and set a “buy” rating for the company in a research report on Monday, April 6th. Finally, Royal Bank Of Canada reduced their price target on shares of Crown from $140.00 to $129.00 and set an “outperform” rating for the company in a research report on Friday, April 17th. Twelve analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $120.00.

Crown Price Performance

Shares of NYSE CCK opened at $96.75 on Friday. The firm’s 50 day simple moving average is $101.77 and its 200-day simple moving average is $103.14. 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 $10.81 billion, a price-to-earnings ratio of 15.41, a PEG ratio of 1.60 and a beta of 0.65. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.12 and a quick ratio of 0.70.

Crown (NYSE:CCK) last released its quarterly earnings results on Monday, April 27th. The industrial products company reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.75 by $0.11. Crown had a net margin of 5.65% and a return on equity of 26.62%. The firm had revenue of $3.26 billion for the quarter, compared to analysts’ expectations of $3.03 billion. During the same quarter last year, the company earned $1.67 EPS. The firm’s revenue for the quarter 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. Analysts expect that Crown Holdings, Inc. will post 8.05 EPS for the current year.

Crown Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 28th. Investors of record on Thursday, May 14th will be paid a $0.35 dividend. The ex-dividend date of this dividend is Thursday, May 14th. This represents a $1.40 dividend on an annualized basis and a yield of 1.4%. Crown’s dividend payout ratio (DPR) is currently 22.29%.

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.