Crown Holdings, Inc. $CCK Stock Holdings Raised by Lyrical Asset Management LP

Lyrical Asset Management LP increased its position in Crown Holdings, Inc. (NYSE:CCKFree Report) by 9.5% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 73,120 shares of the industrial products company’s stock after purchasing an additional 6,356 shares during the period. Lyrical Asset Management LP owned 0.06% of Crown worth $7,529,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Smartleaf Asset Management LLC raised its position in shares of Crown by 105.0% during the 3rd quarter. Smartleaf Asset Management LLC now owns 289 shares of the industrial products company’s stock valued at $28,000 after acquiring an additional 148 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in Crown during the third quarter valued at $29,000. ORG Partners LLC raised its holdings in shares of Crown by 52.5% during the fourth quarter. ORG Partners LLC now owns 305 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 105 shares during the period. Geneos Wealth Management Inc. lifted its position in shares of Crown by 45.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock worth $32,000 after buying an additional 111 shares during the last quarter. Finally, BOK Financial Private Wealth Inc. acquired a new position in shares of Crown in the 4th quarter valued at about $42,000. Institutional investors and hedge funds own 90.93% of the company’s stock.

Insider Transactions at Crown

In related news, CEO Timothy J. Donahue sold 7,500 shares of the firm’s stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $106.85, for a total value of $801,375.00. Following the transaction, 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 position. The transaction was disclosed in a 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 owned by insiders.

Analyst Ratings Changes

Several research firms have recently commented on CCK. Truist Financial lowered their target price on Crown from $135.00 to $129.00 and set a “buy” rating for the company in a report on Wednesday, April 15th. Bank of America cut their price objective on shares of Crown from $131.00 to $126.00 and set a “buy” rating on the stock in a research report on Monday, April 6th. Weiss Ratings reissued a “buy (b)” rating on shares of Crown in a research note on Friday, March 27th. UBS Group dropped their price target on shares of Crown from $120.00 to $112.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft began coverage on Crown in a research report on Wednesday, April 1st. They set a “buy” rating and a $124.00 price objective for the company. Twelve analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, Crown currently has a consensus rating of “Moderate Buy” and a consensus target price of $120.00.

Read Our Latest Analysis on Crown

Crown Trading Down 0.1%

Crown stock opened at $93.33 on Monday. The firm has a market cap of $10.43 billion, a price-to-earnings ratio of 14.86, a price-to-earnings-growth ratio of 1.54 and a beta of 0.63. Crown Holdings, Inc. has a 1 year low of $89.21 and a 1 year high of $116.62. The firm’s 50 day moving average price is $100.37 and its two-hundred day moving average price is $103.02. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.70 and a current ratio of 1.12.

Crown (NYSE:CCKGet Free Report) 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 analyst estimates of $3.03 billion. During the same period in the prior year, the firm earned $1.67 earnings per share. The business’s quarterly revenue was up 12.9% on a year-over-year basis. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q2 2026 guidance at 2.100-2.200 EPS. On average, research analysts predict that Crown Holdings, Inc. will post 8.05 EPS for the current fiscal 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 issued 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%.

Crown Company Profile

(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.

Further Reading

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Institutional Ownership by Quarter for Crown (NYSE:CCK)

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