Edmond DE Rothschild Holding S.A. Has $1.95 Million Holdings in Crown Holdings, Inc. $CCK

Edmond DE Rothschild Holding S.A. increased its position in shares of Crown Holdings, Inc. (NYSE:CCKFree Report) by 5.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,943 shares of the industrial products company’s stock after acquiring an additional 1,045 shares during the quarter. Edmond DE Rothschild Holding S.A.’s holdings in Crown were worth $1,951,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of CCK. Geneos Wealth Management Inc. raised its position in Crown by 45.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock valued at $32,000 after buying an additional 111 shares during the last quarter. National Pension Service increased its stake in shares of Crown by 74.4% during the first quarter. National Pension Service now owns 443 shares of the industrial products company’s stock worth $40,000 after purchasing an additional 189 shares during the period. Ameritas Advisory Services LLC acquired a new stake in shares of Crown during the second quarter worth $46,000. Cullen Frost Bankers Inc. boosted its holdings in Crown by 3,569.2% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 477 shares of the industrial products company’s stock valued at $49,000 after purchasing an additional 464 shares during the period. Finally, Brooklyn Investment Group grew its position in Crown by 39.4% during the first quarter. Brooklyn Investment Group now owns 651 shares of the industrial products company’s stock worth $58,000 after buying an additional 184 shares in the last quarter. 90.93% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CCK has been the topic of several recent analyst reports. Raymond James Financial reissued an “outperform” rating and issued a $115.00 target price (up from $110.00) on shares of Crown in a report on Wednesday, October 22nd. Wells Fargo & Company lifted their target price on Crown from $97.00 to $99.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 22nd. Truist Financial reissued a “buy” rating and set a $126.00 target price (up previously from $118.00) on shares of Crown in a research note on Wednesday, October 22nd. Royal Bank Of Canada raised their price objective on shares of Crown from $116.00 to $120.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 22nd. Finally, Mizuho upped their price target on Crown from $116.00 to $120.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 21st. Twelve equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Crown presently has an average rating of “Moderate Buy” and an average target price of $118.08.

Check Out Our Latest Stock Report on Crown

Crown Price Performance

CCK opened at $96.99 on Thursday. The firm has a 50-day moving average of $95.91 and a 200 day moving average of $99.07. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.69 and a current ratio of 1.06. Crown Holdings, Inc. has a fifty-two week low of $75.98 and a fifty-two week high of $109.48. The firm has a market cap of $11.19 billion, a P/E ratio of 12.00, a PEG ratio of 1.30 and a beta of 0.78.

Crown (NYSE:CCKGet Free Report) last posted its quarterly earnings data on Monday, October 20th. The industrial products company reported $2.24 EPS for the quarter, beating the consensus estimate of $1.98 by $0.26. Crown had a return on equity of 27.35% and a net margin of 7.79%.The business had revenue of $3.20 billion for the quarter, compared to the consensus estimate of $3.13 billion. During the same quarter in the prior year, the business earned $1.99 earnings per share. Crown’s revenue for the quarter was up 4.2% on a year-over-year basis. Crown has set its Q4 2025 guidance at 1.650-1.75 EPS. FY 2025 guidance at 7.700-7.80 EPS. On average, research analysts expect that Crown Holdings, Inc. will post 6.96 EPS for the current year.

Crown Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 20th. Shareholders of record on Thursday, November 6th were given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Thursday, November 6th. Crown’s dividend payout ratio (DPR) is currently 12.87%.

Crown Profile

(Free Report)

Crown Holdings, Inc, together with its subsidiaries, engages in the packaging business in the United States and internationally. It operates through Americas Beverage, European Beverage, Asia Pacific, and Transit Packaging segments. The company manufactures and sells recyclable aluminum beverage cans and ends, glass bottles, steel crowns, aluminum caps, non-beverage cans, and aerosol cans and closures.

See Also

Institutional Ownership by Quarter for Crown (NYSE:CCK)

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