Syon Capital LLC Purchases 5,749 Shares of Crown Holdings, Inc. $CCK

Syon Capital LLC lifted its position in Crown Holdings, Inc. (NYSE:CCK) by 60.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 15,304 shares of the industrial products company’s stock after acquiring an additional 5,749 shares during the period. Syon Capital LLC’s holdings in Crown were worth $1,576,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Mount Capital Ltd grew its stake in shares of Crown by 13.9% in the fourth quarter. Mount Capital Ltd now owns 352,700 shares of the industrial products company’s stock valued at $36,318,000 after buying an additional 43,100 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S boosted its position in Crown by 507.9% during the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 59,675 shares of the industrial products company’s stock worth $6,145,000 after purchasing an additional 49,859 shares during the period. Pinebridge Investments LLC bought a new position in Crown during the fourth quarter worth $1,956,000. Parallel Advisors LLC boosted its position in Crown by 12.5% during the fourth quarter. Parallel Advisors LLC now owns 934 shares of the industrial products company’s stock worth $96,000 after purchasing an additional 104 shares during the period. Finally, Vise Technologies Inc. boosted its position in Crown by 11.6% during the fourth quarter. Vise Technologies Inc. now owns 2,776 shares of the industrial products company’s stock worth $286,000 after purchasing an additional 289 shares during the period. 90.93% of the stock is owned by institutional investors.

Insider Buying and Selling at Crown

In other news, CEO Timothy J. Donahue sold 7,500 shares of Crown stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $106.85, for a total transaction of $801,375.00. Following the completion of the sale, the chief executive officer owned 451,070 shares of the company’s stock, valued at approximately $48,196,829.50. This trade represents a 1.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.90% of the company’s stock.

Crown Stock Down 0.1%

CCK opened at $93.33 on Monday. Crown Holdings, Inc. has a fifty-two week low of $89.21 and a fifty-two week high of $116.62. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.70 and a current ratio of 1.12. The company has a market capitalization of $10.43 billion, a P/E ratio of 14.86, a P/E/G ratio of 1.54 and a beta of 0.63. The stock has a fifty day moving average of $100.37 and a 200-day moving average of $103.02.

Crown (NYSE:CCK) last posted its earnings results on Monday, April 27th. The industrial products company reported $1.86 earnings per share for the quarter, topping analysts’ consensus estimates of $1.75 by $0.11. Crown had a return on equity of 26.62% and a net margin of 5.65%.The company had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $3.03 billion. During the same quarter last year, the firm earned $1.67 earnings per share. The company’s revenue was up 12.9% on a year-over-year basis. 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, equities analysts expect that Crown Holdings, Inc. will post 8.05 EPS for the current year.

Crown Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, May 28th. Stockholders of record on Thursday, May 14th were issued a dividend of $0.35 per share. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.5%. Crown’s dividend payout ratio (DPR) is currently 22.29%.

Analysts Set New Price Targets

CCK has been the subject of a number of research analyst reports. Citigroup lifted their price objective on shares of Crown from $127.00 to $129.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Crown in a research report on Friday, March 27th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Crown in a research report on Monday, February 23rd. JPMorgan Chase & Co. raised shares of Crown from a “neutral” rating to an “overweight” rating and set a $107.00 price objective for the company in a research report on Monday, May 18th. Finally, UBS Group reduced their price objective on shares of Crown from $120.00 to $112.00 and set a “neutral” rating for the company in a research report on Wednesday, April 29th. Twelve investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Crown currently has an average rating of “Moderate Buy” and an average price target of $120.00.

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.