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

Crown Holdings, Inc. (NYSE:CCK) has received an average rating of “Moderate Buy” from the seventeen analysts that are currently covering the company, Marketbeat reports. Six equities research analysts have rated the stock with a hold recommendation and eleven have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $128.20.

Several research analysts have issued reports on the company. Jefferies Financial Group set a $121.00 target price on Crown in a research report on Wednesday, July 22nd. Bank of America increased their price target on Crown from $129.00 to $145.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th. Raymond James Financial boosted their price objective on Crown from $125.00 to $135.00 and gave the company an “outperform” rating in a report on Wednesday, July 15th. Truist Financial reaffirmed a “buy” rating and issued a $141.00 price objective (up from $129.00) on shares of Crown in a research report on Wednesday, July 22nd. Finally, Royal Bank Of Canada lifted their target price on Crown from $131.00 to $135.00 and gave the stock an “outperform” rating in a research report on Friday, July 24th.

Crown Price Performance

Crown stock opened at $112.67 on Friday. The firm has a 50-day moving average price of $116.62 and a 200-day moving average price of $107.75. The firm has a market capitalization of $12.25 billion, a PE ratio of 16.21, a price-to-earnings-growth ratio of 1.58 and a beta of 0.58. The company has a current ratio of 1.05, a quick ratio of 0.65 and a debt-to-equity ratio of 1.63. Crown has a 12-month low of $89.21 and a 12-month high of $122.91.

Crown (NYSE:CCK) last issued its quarterly earnings results on Monday, July 20th. The industrial products company reported $2.49 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $3.37 billion. During the same period in the prior year, the firm posted $2.15 EPS. The firm’s revenue was up 16.5% compared to the same quarter last year. Crown has set its Q3 2026 guidance at 2.200-2.30 EPS and its FY 2026 guidance at 8.300-8.50 EPS. As a group, equities research analysts forecast that Crown will post 8.39 EPS for the current year.

Crown Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Investors of record on Thursday, August 6th were paid a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, August 6th. Crown’s dividend payout ratio (DPR) is currently 20.14%.

Insider Transactions at Crown

In other Crown news, CEO Timothy Donahue sold 15,000 shares of the business’s 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 completion of the sale, the chief executive officer directly owned 436,070 shares of the company’s stock, valued at $45,787,350. The trade was a 3.33% decrease in their position. The transaction was disclosed in a 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. 0.90% of the stock is currently owned by company insiders.

Institutional Trading of Crown

Several institutional investors and hedge funds have recently modified their holdings of the stock. California State Teachers Retirement System grew its stake in Crown by 10,917.0% in the second quarter. California State Teachers Retirement System now owns 14,660,497 shares of the industrial products company’s stock worth $1,639,337,000 after purchasing an additional 14,527,425 shares in the last quarter. State Street Corp lifted its holdings in shares of Crown by 2.1% in the 3rd quarter. State Street Corp now owns 4,514,736 shares of the industrial products company’s stock worth $436,078,000 after buying an additional 93,045 shares during the period. AQR Capital Management LLC grew its position in shares of Crown by 19.3% during the 4th quarter. AQR Capital Management LLC now owns 4,137,962 shares of the industrial products company’s stock worth $426,086,000 after buying an additional 670,412 shares in the last quarter. Invesco Ltd. grew its position 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 buying an additional 886,471 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of Crown by 1.7% during the first quarter. Dimensional Fund Advisors LP now owns 1,977,123 shares of the industrial products company’s stock valued at $198,186,000 after buying an additional 32,112 shares during the period. Institutional investors own 90.93% of the company’s stock.

Crown Company Profile

Crown Holdings, Inc (NYSE: CCK) is a global packaging company that designs and manufactures metal packaging products for consumer goods and industrial customers. Its portfolio includes beverage cans, food cans, aerosol cans, metal closures, and other specialty packaging used for products such as beverages, food, household goods, personal care items, and industrial materials.

The company also provides transit packaging solutions, including equipment and materials used to protect and secure products during shipping.