JPMorgan Chase & Co. Downgrades Crown (NYSE:CCK) to Neutral

Crown (NYSE:CCK) was downgraded by equities research analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a note issued to investors on Wednesday, Marketbeat.com reports. They presently have a $121.00 price target on the industrial products company’s stock, up from their prior price target of $107.00. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 2.54% from the stock’s previous close.

CCK has been the subject of several other research reports. Truist Financial reduced their target price on shares of Crown from $135.00 to $129.00 and set a “buy” rating for the company in a research note on Wednesday, April 15th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Crown in a research note on Wednesday, July 8th. Mizuho increased their price target on shares of Crown from $130.00 to $135.00 and gave the stock an “outperform” rating in a report on Tuesday. Citigroup raised their price objective on shares of Crown from $127.00 to $129.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Finally, Raymond James Financial raised their price target on Crown from $125.00 to $135.00 and gave the company an “outperform” rating in a research report on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $126.31.

Crown Trading Up 3.0%

NYSE:CCK opened at $118.00 on Wednesday. The firm has a market cap of $13.19 billion, a P/E ratio of 16.98, a PEG ratio of 1.91 and a beta of 0.60. 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 stock’s 50 day simple moving average is $103.54 and its 200-day simple moving average is $104.90. Crown has a 12-month low of $89.21 and a 12-month high of $121.76.

Crown (NYSE:CCK) last issued its quarterly earnings results on Monday, July 20th. The industrial products company reported $2.49 earnings per share for the quarter, topping the consensus estimate of $2.16 by $0.33. Crown had a return on equity of 27.14% and a net margin of 5.91%.The firm had revenue of $3.67 billion during the quarter, compared to the consensus estimate of $3.37 billion. During the same period last year, the company earned $2.15 earnings per share. 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 analysts anticipate that Crown will post 8.06 EPS for the current year.

Insider Transactions at Crown

In other Crown news, CEO Timothy J. Donahue sold 15,000 shares of the firm’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $105.00, for a total transaction of $1,575,000.00. Following the sale, the chief executive officer directly owned 436,070 shares of the company’s stock, valued at $45,787,350. This trade represents a 3.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.90% of the company’s stock.

Hedge Funds Weigh In On Crown

A number of institutional investors have recently modified their holdings of the company. Norges Bank purchased a new position in shares of Crown during the fourth quarter valued at approximately $158,288,000. Fuller & Thaler Asset Management Inc. acquired a new position in Crown in the 4th quarter valued at $127,230,000. AQR Capital Management LLC raised its holdings in Crown by 36.9% in the 3rd quarter. AQR Capital Management LLC now owns 3,467,550 shares of the industrial products company’s stock valued at $333,197,000 after acquiring an additional 933,938 shares during the last quarter. Invesco Ltd. lifted its stake in shares of Crown by 33.6% during the 4th quarter. Invesco Ltd. now owns 3,526,983 shares of the industrial products company’s stock worth $363,173,000 after purchasing an additional 886,471 shares during the period. Finally, LSV Asset Management boosted its holdings in shares of Crown by 542.2% during the fourth quarter. LSV Asset Management now owns 858,275 shares of the industrial products company’s stock worth $88,377,000 after purchasing an additional 724,620 shares during the last quarter. Institutional investors and hedge funds own 90.93% of the company’s stock.

Crown News Roundup

Here are the key news stories impacting Crown this week:

• Positive Sentiment: Crown Holdings beat second-quarter expectations, reporting adjusted EPS of $2.49 versus estimates around $2.15-$2.16, and revenue of $3.67 billion versus $3.37 billion expected. CROWN HOLDINGS, INC. REPORTS SECOND QUARTER 2026 RESULTS
• Positive Sentiment: The company raised full-year 2026 EPS guidance to $8.30-$8.50, above prior expectations, signaling management confidence in continued demand and profitability. CCK Q2 Earnings Beat on Strong Beverage Can Volumes, ’26 View Raised
• Positive Sentiment: Strong beverage can volumes were a key driver, with global beverage can volumes up 5%, helping sales and reinforcing the earnings beat. Crown Holdings Posts Higher Sales As Global Beverage Can Volumes Rise
• Positive Sentiment: Mizuho raised its price target on CCK to $135 from $130 and kept an outperform rating, adding to the bullish momentum after earnings. Benzinga report on Mizuho price target increase
• Neutral Sentiment: Management gave a cautiously upbeat earnings-call tone, balancing growth optimism with some caution around the broader operating environment. Crown Holdings Earnings Call: Growth, Caution, Cash
• Neutral Sentiment: Technical traders also cited a “golden cross” and a new 12-month high, which may have supported buying interest alongside the fundamental news. Should You Buy Crown Holdings (CCK) After Golden Cross?

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.