Metropolis Capital Ltd Cuts Stake in Crown Holdings, Inc. $CCK

Metropolis Capital Ltd lessened its position in Crown Holdings, Inc. (NYSE:CCK) by 35.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 835,978 shares of the industrial products company’s stock after selling 463,810 shares during the period. Crown comprises 2.8% of Metropolis Capital Ltd’s portfolio, making the stock its 13th largest holding. Metropolis Capital Ltd’s holdings in Crown were worth $83,807,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Root Financial Partners LLC increased its position in shares of Crown by 23.8% during the 4th quarter. Root Financial Partners LLC now owns 473 shares of the industrial products company’s stock valued at $49,000 after purchasing an additional 91 shares during the last quarter. Parallel Advisors LLC raised its stake in Crown by 12.5% during the 4th quarter. Parallel Advisors LLC now owns 934 shares of the industrial products company’s stock worth $96,000 after acquiring an additional 104 shares during the period. ORG Partners LLC raised its stake in Crown by 52.5% during the 4th quarter. ORG Partners LLC now owns 305 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 105 shares during the period. Geneos Wealth Management Inc. lifted 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 valued at $32,000 after purchasing an additional 111 shares in the last quarter. Finally, Siemens Fonds Invest GmbH boosted its position in shares of Crown by 7.7% in the third quarter. Siemens Fonds Invest GmbH now owns 1,626 shares of the industrial products company’s stock worth $157,000 after purchasing an additional 116 shares during the period. 90.93% of the stock is owned by hedge funds and other institutional investors.

Crown Stock Performance

NYSE CCK opened at $110.81 on Friday. The stock has a market capitalization of $12.38 billion, a PE ratio of 17.64, a P/E/G ratio of 1.82 and a beta of 0.63. The business has a 50 day simple moving average of $99.79 and a two-hundred day simple moving average of $103.48. 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 Holdings, Inc. has a 1-year low of $89.21 and a 1-year high of $116.62.

Crown (NYSE:CCK) last issued its quarterly earnings data on Monday, April 27th. The industrial products company reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.75 by $0.11. Crown had a return on equity of 26.62% and a net margin of 5.65%.The business 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 EPS. The company’s revenue for the quarter 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 Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Thursday, May 14th. Crown’s dividend payout ratio (DPR) is presently 22.29%.

Insider Buying and Selling at Crown

In other news, CEO Timothy J. Donahue sold 15,000 shares of the company’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $105.00, for a total transaction of $1,575,000.00. Following the sale, the chief executive officer directly owned 436,070 shares in the company, valued at approximately $45,787,350. This represents a 3.33% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 30,000 shares of company stock valued at $3,163,875. Insiders own 0.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on CCK. UBS Group reduced their price objective on shares of Crown from $120.00 to $112.00 and set a “neutral” rating for the company in a research note on Wednesday, April 29th. Wells Fargo & Company lowered their target price on shares of Crown from $111.00 to $109.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 14th. Truist Financial dropped their target price on shares of Crown from $135.00 to $129.00 and set a “buy” rating for the company in a report on Wednesday, April 15th. JPMorgan Chase & Co. upgraded Crown from a “neutral” rating to an “overweight” rating and set a $107.00 price target for the company in a research note on Monday, May 18th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Crown in a report on Wednesday, April 1st. They set a “buy” rating and a $124.00 price target on the stock. Twelve investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Crown has an average rating of “Moderate Buy” and an average price target of $120.14.

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.