Lombard Odier Asset Management USA Corp Decreases Holdings in Crown Holdings, Inc. $CCK

Lombard Odier Asset Management USA Corp reduced its position in Crown Holdings, Inc. (NYSE:CCK) by 75.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,228 shares of the industrial products company’s stock after selling 9,960 shares during the quarter. Lombard Odier Asset Management USA Corp’s holdings in Crown were worth $324,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the business. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Crown during the 3rd quarter valued at $29,000. ORG Partners LLC raised its stake in Crown by 52.5% in the fourth quarter. ORG Partners LLC now owns 305 shares of the industrial products company’s stock valued at $31,000 after buying an additional 105 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in shares of 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 acquiring an additional 111 shares in the last quarter. BOK Financial Private Wealth Inc. purchased a new position in shares of Crown in the 4th quarter valued at approximately $42,000. Finally, Smartleaf Asset Management LLC raised its position in shares of Crown by 52.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 440 shares of the industrial products company’s stock valued at $46,000 after purchasing an additional 151 shares during the last quarter. 90.93% of the stock is owned by institutional investors and hedge funds.

Crown Price Performance

NYSE:CCK opened at $117.88 on Friday. The firm has a market cap of $13.17 billion, a price-to-earnings ratio of 16.96, a price-to-earnings-growth ratio of 1.74 and a beta of 0.60. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.05 and a quick ratio of 0.70. The company has a 50 day moving average price of $104.60 and a 200-day moving average price of $105.16. Crown Holdings, Inc. has a 1-year low of $89.21 and a 1-year high of $121.76.

Crown (NYSE:CCK) last released its quarterly earnings data on Monday, July 20th. The industrial products company reported $2.49 earnings per share for the quarter, beating analysts’ consensus estimates of $2.16 by $0.33. Crown had a net margin of 5.91% and a return on equity of 27.33%. The company had revenue of $3.67 billion during the quarter, compared to analysts’ expectations of $3.37 billion. During the same quarter in the previous year, the company earned $2.15 earnings per share. The firm’s revenue for the quarter was up 16.5% on a year-over-year basis. Crown has set its Q3 2026 guidance at 2.200-2.30 EPS and its FY 2026 guidance at 8.300-8.50 EPS. Equities research analysts forecast that Crown Holdings, Inc. will post 8.39 EPS for the current year.

Crown Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Thursday, August 6th will be given a dividend of $0.35 per share. The ex-dividend date is Thursday, August 6th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.2%. Crown’s dividend payout ratio (DPR) is 20.14%.

Insider Activity

In related news, CEO Timothy J. Donahue sold 15,000 shares of Crown stock in a transaction on 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 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 transaction was disclosed in a legal 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. 0.90% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on CCK shares. Robert W. Baird raised their price target on shares of Crown from $120.00 to $130.00 and gave the stock a “neutral” rating in a report on Wednesday. Raymond James Financial lifted their price target on Crown from $125.00 to $135.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 15th. JPMorgan Chase & Co. downgraded Crown from an “overweight” rating to a “neutral” rating and boosted their price target for the company from $107.00 to $121.00 in a research note on Wednesday. Bank of America lifted their target price on Crown from $129.00 to $145.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th. Finally, Mizuho lifted their price objective on shares of Crown from $130.00 to $135.00 and gave the company an “outperform” rating in a research note on Tuesday, July 21st. Eleven research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $128.20.

More Crown News

Here are the key news stories impacting Crown this week:

• Positive Sentiment: Royal Bank of Canada raised its price target on Crown Holdings to $135 from $131 and reiterated an outperform rating, suggesting meaningful upside from current levels. Benzinga report
• Positive Sentiment: Crown Holdings declared a quarterly dividend of $0.35 per share, which can appeal to income-focused investors and signals continued shareholder returns. Press release
• Positive Sentiment: Several analysts remained constructive after the earnings beat, including Truist reaffirming Buy and Wells Fargo lifting its price target to $127, which adds to the bullish tone around the stock. Article
• Neutral Sentiment: UBS reportedly kept a Hold rating, indicating some analysts see the shares as fairly valued after the recent rally. UBS Hold report
• Negative Sentiment: J.P. Morgan reportedly downgraded Crown to Neutral after the strong run-up, which may reflect concerns that much of the good news is already priced in. Seeking Alpha report

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.