Crown Holdings, Inc. (CCK) – What Are Researchers Thinking About This Stock?

Crown Holdings, Inc. (NYSE:CCK) has been assigned an average recommendation of “Moderate Buy” from the seventeen analysts that are currently covering the company, MarketBeat reports. Five research analysts have rated the stock with a hold recommendation and twelve have given a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $127.73.

CCK has been the subject of a number of research reports. Truist Financial reissued a “buy” rating and set a $141.00 target price (up from $129.00) on shares of Crown in a research note on Wednesday, July 22nd. Raymond James Financial raised their price target on shares of Crown from $125.00 to $135.00 and gave the company an “outperform” rating in a research note on Wednesday, July 15th. Weiss Ratings raised shares of Crown from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, August 5th. Citigroup reiterated a “buy” rating on shares of Crown in a report on Thursday, July 23rd. Finally, Robert W. Baird boosted their price objective on Crown from $120.00 to $130.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 22nd.

Institutional Trading of Crown

A number of institutional investors have recently made changes to their positions in CCK. Louisiana State Employees Retirement System purchased a new position in Crown during the first quarter worth approximately $3,258,000. Corient Private Wealth LP boosted its stake in Crown by 10.5% during the second quarter. Corient Private Wealth LP now owns 185,288 shares of the industrial products company’s stock worth $20,719,000 after buying an additional 17,600 shares during the last quarter. Reynders McVeigh Capital Management LLC grew its holdings in Crown by 3.2% in the 2nd quarter. Reynders McVeigh Capital Management LLC now owns 355,461 shares of the industrial products company’s stock valued at $39,748,000 after buying an additional 10,983 shares in the last quarter. Teachers Retirement System of The State of Kentucky grew its holdings in Crown by 57.8% in the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 311,135 shares of the industrial products company’s stock valued at $31,192,000 after buying an additional 114,000 shares in the last quarter. Finally, Nykredit A S purchased a new stake in Crown in the 2nd quarter valued at $70,709,000. 90.93% of the stock is owned by institutional investors and hedge funds.

Crown Trading Up 1.4%

Shares of NYSE:CCK opened at $110.04 on Wednesday. Crown has a 1 year low of $89.21 and a 1 year high of $122.91. The firm has a market capitalization of $11.97 billion, a price-to-earnings ratio of 13.03, a price-to-earnings-growth ratio of 1.46 and a beta of 0.56. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.05 and a quick ratio of 0.65. The business’s 50 day moving average price is $113.56 and its 200-day moving average price is $107.91.

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

Crown Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, August 20th. Stockholders of record on Thursday, August 6th were given a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Thursday, August 6th. Crown’s dividend payout ratio (DPR) is 20.14%.

About Crown

Crown Holdings, Inc (NYSE: CCK) is a global manufacturer of packaging products. The company primarily produces metal beverage cans and ends, food cans, aerosol cans, and metal closures used for beverages, food, household products, personal care items, and other consumer goods.

Crown also provides transit packaging solutions, including protective packaging systems and materials used to secure and transport industrial and consumer products. Its customers include beverage, food, household products, personal care, and industrial companies.

The company traces its history to 1892, when it was founded as Crown Cork & Seal Company following the development of the crown cork bottle closure.