Crown (NYSE:CCK) Stock Rating Upgraded by BMO Capital Markets

Crown (NYSE:CCK) was upgraded by equities research analysts at BMO Capital Markets to a “strong-buy” rating in a research note issued on Thursday,Zacks.com reports.

CCK has been the subject of a number of other research reports. Royal Bank Of Canada lifted their price objective on Crown from $129.00 to $131.00 and gave the company an “outperform” rating in a research report on Thursday, July 9th. Raymond James Financial increased their target price on Crown from $125.00 to $135.00 and gave the stock an “outperform” rating in a research report on Wednesday. Wall Street Zen raised Crown from a “hold” rating to a “buy” rating in a research note on Saturday, June 20th. Truist Financial lowered their price target on Crown from $135.00 to $129.00 and set a “buy” rating for the company in a report on Wednesday, April 15th. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of Crown in a research note on Wednesday, April 1st. They set a “buy” rating and a $124.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $124.07.

Crown Stock Up 0.3%

Shares of NYSE CCK opened at $117.36 on Thursday. Crown has a 1 year low of $89.21 and a 1 year high of $118.50. The firm’s 50 day moving average price is $102.90 and its 200 day moving average price is $104.72. The firm has a market cap of $13.11 billion, a P/E ratio of 18.69, a price-to-earnings-growth ratio of 1.95 and a beta of 0.60. 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:CCK) last released its earnings results on Monday, April 27th. The industrial products company reported $1.86 EPS for the quarter, topping the consensus estimate of $1.75 by $0.11. The firm had revenue of $3.26 billion during the quarter, compared to analysts’ expectations of $3.03 billion. Crown had a net margin of 5.65% and a return on equity of 26.62%. Crown’s revenue for the quarter was up 12.9% on a year-over-year basis. During the same period in the previous year, the company earned $1.67 EPS. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q2 2026 guidance at 2.100-2.200 EPS. As a group, sell-side analysts anticipate that Crown will post 8.06 earnings per share for the current year.

Insider Buying and Selling at Crown

In related news, CEO Timothy J. Donahue sold 15,000 shares of the stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $105.00, for a total value of $1,575,000.00. Following the transaction, the chief executive officer directly owned 436,070 shares of the company’s stock, valued at approximately $45,787,350. This trade represents a 3.33% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.90% of the company’s stock.

Institutional Investors Weigh In On Crown

Institutional investors have recently added to or reduced their stakes in the company. Root Financial Partners LLC raised its stake in shares of Crown by 23.8% in the 4th quarter. Root Financial Partners LLC now owns 473 shares of the industrial products company’s stock valued at $49,000 after acquiring an additional 91 shares in the last quarter. Parallel Advisors LLC boosted its position in Crown by 12.5% during the fourth quarter. Parallel Advisors LLC now owns 934 shares of the industrial products company’s stock worth $96,000 after purchasing an additional 104 shares during the period. ORG Partners LLC boosted its position in 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. grew 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 during the last quarter. Finally, Siemens Fonds Invest GmbH grew its holdings in Crown by 7.7% during the third quarter. Siemens Fonds Invest GmbH now owns 1,626 shares of the industrial products company’s stock valued at $157,000 after purchasing an additional 116 shares during the last quarter. Hedge funds and other institutional investors own 90.93% of the company’s stock.

Crown Company 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.