Crown Holdings, Inc. (NYSE:CCK) Receives Average Recommendation of “Moderate Buy” from Brokerages

Crown Holdings, Inc. (NYSE:CCKGet Free Report) has been assigned a consensus rating of “Moderate Buy” from the seventeen brokerages that are currently covering the stock, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $120.00.

Several equities research analysts recently issued reports on the company. Wolfe Research set a $115.00 price objective on Crown in a research note on Friday, February 6th. Royal Bank Of Canada dropped their price objective on Crown from $140.00 to $129.00 and set an “outperform” rating for the company in a research note on Friday, April 17th. Wall Street Zen lowered Crown from a “buy” rating to a “hold” rating in a research note on Saturday, April 18th. UBS Group lowered their price target on Crown from $120.00 to $112.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Crown in a research report on Wednesday, April 1st. They set a “buy” rating and a $124.00 price target on the stock.

View Our Latest Analysis on Crown

Crown Price Performance

NYSE:CCK opened at $96.16 on Friday. The firm has a market capitalization of $10.75 billion, a price-to-earnings ratio of 15.31, a P/E/G ratio of 1.59 and a beta of 0.65. Crown has a 52-week low of $89.21 and a 52-week high of $116.62. The stock has a fifty day moving average of $102.69 and a 200 day moving average of $103.16. 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 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.75 by $0.11. The company had revenue of $3.26 billion during the quarter, compared to analyst estimates of $3.03 billion. Crown had a return on equity of 26.62% and a net margin of 5.65%.The firm’s quarterly revenue was up 12.9% on a year-over-year basis. During the same quarter last year, the company earned $1.67 earnings per share. 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 expect that Crown will post 8.05 EPS for the current fiscal year.

Crown Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th will be given a dividend of $0.35 per share. The ex-dividend date is Thursday, May 14th. This represents a $1.40 dividend on an annualized basis and a yield of 1.5%. Crown’s dividend payout ratio (DPR) is presently 22.29%.

Insider Transactions at Crown

In other Crown news, CEO Timothy J. Donahue sold 7,500 shares of the firm’s stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $106.85, for a total transaction of $801,375.00. Following the sale, the chief executive officer owned 451,070 shares in the company, valued at $48,196,829.50. This trade represents a 1.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Djalma Novaes, Jr. sold 29,734 shares of the firm’s stock in a transaction dated 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 in the company, valued at $10,108,369.60. The trade was a 25.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 52,234 shares of company stock worth $5,832,363 in the last 90 days. Company insiders own 0.90% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Maverick Capital Ltd. purchased a new position in shares of Crown in the first quarter worth about $1,158,000. Quantinno Capital Management LP increased its holdings in shares of Crown by 19.3% in the first quarter. Quantinno Capital Management LP now owns 1,156,902 shares of the industrial products company’s stock worth $115,979,000 after buying an additional 186,849 shares during the period. Lazard Asset Management LLC increased its holdings in shares of Crown by 13.0% in the first quarter. Lazard Asset Management LLC now owns 20,479 shares of the industrial products company’s stock worth $2,053,000 after buying an additional 2,354 shares during the period. Lombard Odier Asset Management Switzerland SA purchased a new position in shares of Crown in the first quarter worth about $395,000. Finally, Entropy Technologies LP increased its holdings in shares of Crown by 205.0% in the first quarter. Entropy Technologies LP now owns 99,476 shares of the industrial products company’s stock worth $9,972,000 after buying an additional 66,862 shares during the period. Hedge funds and other institutional investors own 90.93% of the company’s stock.

Crown Company Profile

(Get 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.

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Analyst Recommendations for Crown (NYSE:CCK)

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