Corient Private Wealth LLC Raises Stock Holdings in Crown Holdings, Inc. $CCK

Corient Private Wealth LLC lifted its holdings in shares of Crown Holdings, Inc. (NYSE:CCK) by 176.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,354 shares of the industrial products company’s stock after acquiring an additional 21,269 shares during the period. Corient Private Wealth LLC’s holdings in Crown were worth $3,435,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Hsbc Holdings PLC grew its position in Crown by 17.6% during the 4th quarter. Hsbc Holdings PLC now owns 166,485 shares of the industrial products company’s stock worth $17,173,000 after purchasing an additional 24,929 shares during the last quarter. Rehmann Capital Advisory Group boosted its stake in shares of Crown by 48.2% during the fourth quarter. Rehmann Capital Advisory Group now owns 11,767 shares of the industrial products company’s stock worth $1,214,000 after buying an additional 3,827 shares during the period. Mariner Investment Group LLC purchased a new position in shares of Crown during the fourth quarter worth about $515,000. Astoria Portfolio Advisors LLC. purchased a new position in shares of Crown during the fourth quarter worth about $229,000. Finally, Kera Capital Partners Inc. increased its position in Crown by 38.7% in the 4th quarter. Kera Capital Partners Inc. now owns 9,507 shares of the industrial products company’s stock valued at $995,000 after acquiring an additional 2,651 shares during the period. Hedge funds and other institutional investors own 90.93% of the company’s stock.

Insider Buying and Selling

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

Analyst Ratings Changes

Several analysts have commented on the company. Bank of America reduced their price objective on Crown from $131.00 to $126.00 and set a “buy” rating for the company in a research note on Monday, April 6th. Wall Street Zen upgraded Crown from a “hold” rating to a “buy” rating in a research note on Saturday, June 20th. DA Davidson dropped their target price on Crown from $115.00 to $107.00 and set a “neutral” rating on the stock in a report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft started coverage on Crown in a research note on Wednesday, April 1st. They set a “buy” rating and a $124.00 price target for the company. Finally, UBS Group lowered their price objective on shares of Crown from $120.00 to $112.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 29th. Twelve analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Crown currently has an average rating of “Moderate Buy” and an average target price of $120.14.

Crown Trading Up 0.7%

Shares of CCK opened at $110.81 on Friday. Crown Holdings, Inc. has a twelve month low of $89.21 and a twelve month high of $116.62. 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 firm has a market capitalization of $12.38 billion, a P/E ratio of 17.64, a PEG ratio of 1.82 and a beta of 0.63. The firm’s 50-day moving average is $99.79 and its two-hundred day moving average is $103.48.

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. The firm had revenue of $3.26 billion during the quarter, compared to analysts’ expectations of $3.03 billion. Crown had a return on equity of 26.62% and a net margin of 5.65%.Crown’s revenue was up 12.9% on a year-over-year basis. During the same period in the previous year, the firm posted $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 predict that Crown Holdings, Inc. will post 8.05 earnings per share for the current fiscal year.

Crown Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Investors of record on Thursday, May 14th were given a $0.35 dividend. The ex-dividend date was Thursday, May 14th. This represents a $1.40 annualized dividend and a dividend yield of 1.3%. Crown’s payout ratio is currently 22.29%.

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.