Eurizon Capital SGR S.p.A. Invests $24.71 Million in Crown Holdings, Inc. $CCK

Eurizon Capital SGR S.p.A. purchased a new position in shares of Crown Holdings, Inc. (NYSE:CCK) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 239,940 shares of the industrial products company’s stock, valued at approximately $24,707,000.

A number of other institutional investors and hedge funds have also made changes to their positions in CCK. OLD National Bancorp IN boosted its position in shares of Crown by 507.7% in 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 in the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund boosted its position in shares of Crown by 235.5% in 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 in the last quarter. Nordea Investment Management AB boosted its position in shares of Crown by 2.2% in 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 in the last quarter. Thrivent Financial for Lutherans boosted its position in shares of Crown by 84.2% in 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 in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of Crown by 226.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,474,038 shares of the industrial products company’s stock worth $142,377,000 after buying an additional 1,022,789 shares in the last quarter. 90.93% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Crown

In other news, CEO Timothy J. Donahue sold 7,500 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer owned 451,070 shares of the company’s stock, valued at $48,196,829.50. This represents a 1.64% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.90% of the stock is currently owned by corporate insiders.

Crown Price Performance

NYSE:CCK opened at $95.10 on Friday. The firm has a market cap of $10.63 billion, a price-to-earnings ratio of 15.14, a price-to-earnings-growth ratio of 1.57 and a beta of 0.65. 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 company’s 50-day moving average is $101.05 and its two-hundred day moving average is $103.13. Crown Holdings, Inc. has a 12-month low of $89.21 and a 12-month high of $116.62.

Crown (NYSE:CCK) last posted its quarterly earnings data on Monday, April 27th. The industrial products company reported $1.86 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 company had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $3.03 billion. During the same quarter in the prior year, the company posted $1.67 EPS. The company’s quarterly 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 expect that Crown Holdings, Inc. will post 8.05 EPS for the current year.

Crown Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Stockholders of record on Thursday, May 14th were paid a dividend of $0.35 per share. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.5%. Crown’s dividend payout ratio is currently 22.29%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on CCK. Deutsche Bank Aktiengesellschaft began coverage on shares of Crown in a report on Wednesday, April 1st. They issued a “buy” rating and a $124.00 target price on the stock. Royal Bank Of Canada reduced their target price on shares of Crown from $140.00 to $129.00 and set an “outperform” rating on the stock in a report on Friday, April 17th. Truist Financial reduced their target price on shares of Crown from $135.00 to $129.00 and set a “buy” rating on the stock in a report on Wednesday, April 15th. DA Davidson reduced their target price on shares of Crown from $115.00 to $107.00 and set a “neutral” rating on the stock in a report on Wednesday, May 13th. Finally, JPMorgan Chase & Co. upgraded shares of Crown from a “neutral” rating to an “overweight” rating and set a $107.00 target price on the stock in a report on Monday, May 18th. Twelve equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Crown presently has an average rating of “Moderate Buy” and an average price target of $120.00.

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.