Daiwa Securities Group Inc. Has $3.66 Million Stock Holdings in Crown Holdings, Inc. $CCK

Daiwa Securities Group Inc. lessened its holdings in Crown Holdings, Inc. (NYSE:CCK) by 27.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 35,502 shares of the industrial products company’s stock after selling 13,552 shares during the period. Daiwa Securities Group Inc.’s holdings in Crown were worth $3,656,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in CCK. Royal Bank of Canada raised its position in Crown by 24.1% in the first quarter. Royal Bank of Canada now owns 48,920 shares of the industrial products company’s stock worth $4,367,000 after purchasing an additional 9,497 shares in the last quarter. Integrated Wealth Concepts LLC raised its position in Crown by 39.4% in the first quarter. Integrated Wealth Concepts LLC now owns 4,109 shares of the industrial products company’s stock worth $367,000 after purchasing an additional 1,161 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Crown in the first quarter worth about $111,000. NewEdge Advisors LLC raised its position in Crown by 6.3% in the first quarter. NewEdge Advisors LLC now owns 5,917 shares of the industrial products company’s stock worth $528,000 after purchasing an additional 351 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its position in Crown by 23.7% in the first quarter. Goldman Sachs Group Inc. now owns 666,262 shares of the industrial products company’s stock worth $59,471,000 after purchasing an additional 127,737 shares in the last quarter. Institutional investors and hedge funds own 90.93% of the company’s stock.

Crown Trading Down 1.3%

Shares of CCK stock opened at $92.14 on Tuesday. Crown Holdings, Inc. has a 12-month low of $89.21 and a 12-month high of $116.62. The company has a market capitalization of $10.30 billion, a P/E ratio of 14.67, a P/E/G ratio of 1.54 and a beta of 0.63. The firm has a 50-day moving average price of $100.18 and a 200 day moving average price of $102.99. The company has a quick ratio of 0.70, a current ratio of 1.12 and a debt-to-equity ratio of 1.67.

Crown (NYSE:CCK) last announced its quarterly earnings results 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 firm had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $3.03 billion. Crown had a net margin of 5.65% and a return on equity of 26.62%. The firm’s quarterly revenue was up 12.9% on a year-over-year basis. During the same period last year, the firm posted $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. Research analysts forecast that Crown Holdings, Inc. will post 8.05 earnings per share for the current fiscal year.

Crown Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were given a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.5%. The ex-dividend date was Thursday, May 14th. Crown’s dividend payout ratio (DPR) is presently 22.29%.

Analyst Ratings Changes

Several research firms recently issued reports on CCK. Wall Street Zen lowered shares of Crown from a “buy” rating to a “hold” rating in a research report on Saturday. Wells Fargo & Company cut their price target on shares of Crown from $111.00 to $109.00 and set an “equal weight” rating for the company in a report on Tuesday, April 14th. JPMorgan Chase & Co. raised shares of Crown from a “neutral” rating to an “overweight” rating and set a $107.00 price target for the company in a report on Monday, May 18th. Jefferies Financial Group reissued a “buy” rating on shares of Crown in a report on Monday, February 23rd. Finally, DA Davidson cut their price target on shares of Crown from $115.00 to $107.00 and set a “neutral” rating for the company in a report on Wednesday, May 13th. Twelve research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $120.00.

Insiders Place Their Bets

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 shares were sold at an average price of $106.85, for a total value of $801,375.00. Following the completion of the sale, the chief executive officer owned 451,070 shares in the company, valued at approximately $48,196,829.50. This trade represents a 1.64% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.90% 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.