4,673 Shares of Crown Holdings, Inc. $CCK Acquired by Curated Wealth Partners LLC

Curated Wealth Partners LLC acquired a new stake in Crown Holdings, Inc. (NYSE:CCK) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,673 shares of the industrial products company’s stock, valued at approximately $493,000.

Other large investors have also added to or reduced their stakes in the company. WealthPlan Investment Management LLC bought a new position in shares of Crown in the 3rd quarter worth $206,000. Fort Washington Investment Advisors Inc. OH grew its holdings in Crown by 17.8% during the third quarter. Fort Washington Investment Advisors Inc. OH now owns 2,492 shares of the industrial products company’s stock valued at $263,000 after purchasing an additional 376 shares during the period. Krilogy Financial LLC grew its stake in Crown by 38.7% in the 3rd quarter. Krilogy Financial LLC now owns 4,074 shares of the industrial products company’s stock valued at $442,000 after buying an additional 1,136 shares in the last quarter. NorthCrest Asset Manangement LLC grew its holdings in Crown by 55.4% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 11,075 shares of the industrial products company’s stock valued at $1,206,000 after buying an additional 3,947 shares in the last quarter. Finally, Perpetual Ltd increased its holdings in Crown by 1.5% during the 3rd quarter. Perpetual Ltd now owns 159,943 shares of the industrial products company’s stock worth $16,860,000 after acquiring an additional 2,421 shares during the period. Institutional investors and hedge funds own 90.93% of the company’s stock.

Crown Stock Performance

Shares of NYSE CCK opened at $114.10 on Friday. The company has a current ratio of 1.05, a quick ratio of 0.65 and a debt-to-equity ratio of 1.63. The firm has a 50 day moving average of $113.05 and a 200 day moving average of $108.12. The firm has a market capitalization of $12.41 billion, a price-to-earnings ratio of 13.65, a price-to-earnings-growth ratio of 1.53 and a beta of 0.56. Crown Holdings, Inc. has a 12-month low of $91.31 and a 12-month high of $122.91.

Crown (NYSE:CCK) last posted its quarterly earnings data on Monday, July 20th. The industrial products company reported $2.49 earnings per share for the quarter, beating analysts’ consensus estimates of $2.16 by $0.33. The firm had revenue of $3.67 billion for the quarter, compared to analysts’ expectations of $3.37 billion. Crown had a return on equity of 27.33% and a net margin of 5.91%. The business’s quarterly revenue was up 16.5% on a year-over-year basis. During the same period 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, research analysts anticipate that Crown Holdings, Inc. will post 8.39 earnings per share for the current year.

Crown Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Wall Street Zen raised shares of Crown from a “hold” rating to a “buy” rating in a research note on Saturday, June 20th. UBS Group cut their price target on shares of Crown from $123.00 to $116.00 and set a “neutral” rating on the stock in a report on Monday, October 5th. BMO Capital Markets upped their price objective on shares of Crown from $130.00 to $135.00 and gave the stock an “outperform” rating in a report on Wednesday, July 22nd. Truist Financial restated a “buy” rating and set a $141.00 target price (up from $129.00) on shares of Crown in a report on Wednesday, July 22nd. Finally, Citigroup reissued a “buy” rating on shares of Crown in a report on Thursday, July 23rd. Twelve equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $127.73.

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.