Crown (NYSE:CCK) Stock Gets Price Target Reduction from Wells Fargo & Company

Crown (NYSE:CCK) had its price objective decreased by Wells Fargo & Company from $127.00 to $126.00 in a research note issued to investors on Monday,Benzinga reports. Wells Fargo & Company currently has an equal weight rating on the industrial products company’s stock.

Several other research firms have also recently weighed in on CCK. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Crown in a research report on Wednesday, July 22nd. Citigroup restated a “buy” rating on shares of Crown in a research note on Thursday, July 23rd. Mizuho raised their target price on Crown from $130.00 to $135.00 and gave the company an “outperform” rating in a report on Tuesday, July 21st. Royal Bank Of Canada lifted their price target on Crown from $131.00 to $135.00 and gave the stock an “outperform” rating in a research report on Friday, July 24th. Finally, Truist Financial reaffirmed a “buy” rating and issued a $141.00 price target (up from $129.00) on shares of Crown in a research report on Wednesday, July 22nd. Twelve equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $128.47.

Crown Stock Up 1.6%

Crown stock opened at $116.02 on Monday. The firm has a market cap of $12.62 billion, a price-to-earnings ratio of 13.46, a P/E/G ratio of 1.45 and a beta of 0.56. The company has a debt-to-equity ratio of 1.65, a current ratio of 1.14 and a quick ratio of 0.65. Crown has a fifty-two week low of $91.31 and a fifty-two week high of $122.91. The firm has a fifty day moving average price of $112.74 and a two-hundred day moving average price of $108.46.

Crown (NYSE:CCK) last released its quarterly earnings results on Monday, October 19th. The industrial products company reported $2.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.26 by $0.13. The company had revenue of $3.71 billion during the quarter, compared to analysts’ expectations of $3.45 billion. Crown had a net margin of 5.78% and a return on equity of 27.41%. The business’s quarterly revenue was up 15.9% compared to the same quarter last year. During the same period in the prior year, the company earned $2.24 earnings per share. As a group, analysts forecast that Crown will post 8.39 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its holdings in Crown by 1.7% in the 1st 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. Quantinno Capital Management LP lifted its holdings in shares of Crown by 19.3% during the 1st quarter. Quantinno Capital Management LP now owns 1,156,902 shares of the industrial products company’s stock worth $115,979,000 after acquiring an additional 186,849 shares during the period. Bank of New York Mellon Corp bought a new position in shares of Crown during the 2nd quarter worth about $112,578,000. Nykredit A S bought a new position in shares of Crown during the 2nd quarter worth about $99,537,000. Finally, Renaissance Technologies LLC boosted its position in shares of Crown by 14.7% during the 1st quarter. Renaissance Technologies LLC now owns 548,000 shares of the industrial products company’s stock valued at $54,937,000 after acquiring an additional 70,300 shares in the last quarter. 90.93% of the stock is owned by institutional investors.

More Crown News

Here are the key news stories impacting Crown this week:

• Positive Sentiment: Crown reported third-quarter adjusted earnings of $2.39 per share, exceeding the $2.26 analyst consensus, while revenue rose 15.9% year over year to $3.71 billion. Global beverage-can shipments increased more than 6%, supporting the company’s growth outlook. Crown Holdings Posts 16% Revenue Jump in Q3 2026, Beats on EPS
• Positive Sentiment: Management maintained broadly stable full-year 2026 expectations, with EPS guidance of $8.35–$8.45 versus consensus of $8.40. The company also repurchased approximately $598 million of stock through the first nine months, potentially supporting per-share results. Crown Holdings: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: UBS raised its price target to $118 from $116 but retained a Neutral rating, suggesting analysts see limited near-term valuation upside despite the earnings beat. UBS Adjusts Price Target on Crown Holdings
• Negative Sentiment: Fourth-quarter EPS guidance of $1.63–$1.73 fell below the $1.79 consensus estimate. Commentary also highlighted higher spending and execution risks, which could temper investor enthusiasm even after the strong quarter. Crown Holdings: More Growth, More Spending, Not Enough Reward

Crown Company Profile

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

The company serves customers across North America, Europe, Asia Pacific and other international markets. Crown’s products are used for beer, soft drinks, energy drinks, canned foods, household products, personal care items and industrial materials.