New York State Teachers Retirement System Has $10.67 Million Stock Holdings in Crown Holdings, Inc. $CCK

New York State Teachers Retirement System raised its stake in Crown Holdings, Inc. (NYSE:CCK) by 7.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 103,646 shares of the industrial products company’s stock after purchasing an additional 7,359 shares during the quarter. New York State Teachers Retirement System’s holdings in Crown were worth $10,672,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC increased its stake in Crown by 105.0% in the 3rd quarter. Smartleaf Asset Management LLC now owns 289 shares of the industrial products company’s stock valued at $28,000 after buying an additional 148 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in Crown in the 3rd quarter valued at approximately $29,000. ORG Partners LLC increased its stake in Crown by 52.5% in the 4th quarter. ORG Partners LLC now owns 305 shares of the industrial products company’s stock valued at $31,000 after buying an additional 105 shares during the period. Geneos Wealth Management Inc. increased its stake 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 period. Finally, Quent Capital LLC acquired a new position in Crown in the 3rd quarter valued at approximately $34,000. Institutional investors and hedge funds own 90.93% of the company’s stock.

Crown Price Performance

NYSE CCK opened at $99.16 on Tuesday. The company has a current ratio of 1.12, a quick ratio of 0.70 and a debt-to-equity ratio of 1.67. The company has a fifty day simple moving average of $105.34 and a 200 day simple moving average of $102.96. The company has a market cap of $11.13 billion, a P/E ratio of 15.79, a P/E/G ratio of 1.65 and a beta of 0.65. Crown Holdings, Inc. has a 1 year low of $89.21 and a 1 year high of $116.62.

Crown (NYSE:CCK) last posted its quarterly earnings data on Monday, April 27th. The industrial products company reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.75 by $0.11. The business had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $3.03 billion. Crown had a net margin of 5.65% and a return on equity of 26.62%. Crown’s quarterly revenue was up 12.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.67 EPS. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q2 2026 guidance at 2.100-2.200 EPS. On average, sell-side analysts predict that Crown Holdings, Inc. will post 8.05 EPS for the current year.

Crown Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 28th. Investors of record on Thursday, May 14th will be issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Thursday, May 14th. Crown’s dividend payout ratio is currently 22.29%.

Insider Buying and Selling at Crown

In other Crown news, CEO Timothy J. Donahue sold 7,500 shares of the stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $106.85, for a total value of $801,375.00. Following the completion of the sale, the chief executive officer directly owned 451,070 shares of the company’s stock, valued at $48,196,829.50. This represents a 1.64% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Djalma Novaes, Jr. sold 29,734 shares of the stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $114.80, for a total transaction of $3,413,463.20. Following the completion of the sale, the chief operating officer directly owned 88,052 shares of the company’s stock, valued at approximately $10,108,369.60. This trade represents a 25.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 52,234 shares of company stock valued at $5,832,363. 0.90% of the stock is owned by insiders.

Analyst Ratings Changes

Several research firms have weighed in on CCK. Morgan Stanley reiterated an “overweight” rating on shares of Crown in a research note on Friday, February 6th. Wells Fargo & Company dropped their price objective on shares of Crown from $111.00 to $109.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 14th. Royal Bank Of Canada dropped their price objective on shares of Crown from $140.00 to $129.00 and set an “outperform” rating on the stock in a research note on Friday, April 17th. Truist Financial decreased their target price on shares of Crown from $135.00 to $129.00 and set a “buy” rating for the company in a research report on Wednesday, April 15th. Finally, Mizuho boosted their target price on shares of Crown from $120.00 to $130.00 and gave the stock an “outperform” rating in a research report on Thursday, February 5th. Eleven research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Crown currently has an average rating of “Moderate Buy” and an average price target of $120.93.

Crown Company Profile

Crown Holdings, Inc is a leading global supplier of rigid packaging products for consumer goods markets. The company designs, manufactures and sells metal packaging for beverage, food, household, personal care and specialty products. Its portfolio includes aluminum and steel beverage cans, steel food cans, aluminum aerosols, metal closures and ends, offering customers end-to-end solutions from design and prototyping to large-scale production.

Founded in 1919 as the Crown Cork & Seal Company, Crown has grown through strategic acquisitions and investments in advanced manufacturing technologies.