United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Takes Position in Crown Holdings, Inc. $CCK

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new stake in Crown Holdings, Inc. (NYSE:CCK) in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 7,600 shares of the industrial products company’s stock, valued at approximately $783,000.

Several other hedge funds have also recently bought and sold shares of the stock. Geneos Wealth Management Inc. lifted its stake in Crown by 45.3% in the first 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 in the last quarter. National Pension Service raised its holdings 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 acquiring an additional 189 shares during the period. Ameritas Advisory Services LLC bought a new stake in Crown in the 2nd quarter valued at $46,000. Cullen Frost Bankers Inc. boosted its stake 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 worth $49,000 after purchasing an additional 464 shares during the period. Finally, Brooklyn Investment Group increased its holdings in Crown by 39.4% during the 1st quarter. Brooklyn Investment Group now owns 651 shares of the industrial products company’s stock worth $58,000 after purchasing an additional 184 shares in the last quarter. 90.93% of the stock is currently owned by institutional investors and hedge funds.

Crown Stock Down 0.1%

NYSE:CCK opened at $96.99 on Thursday. Crown Holdings, Inc. has a twelve month low of $75.98 and a twelve month high of $109.48. The firm has a market capitalization of $11.19 billion, a price-to-earnings ratio of 12.00, a price-to-earnings-growth ratio of 1.30 and a beta of 0.78. The company has a quick ratio of 0.69, a current ratio of 1.06 and a debt-to-equity ratio of 1.67. The stock’s 50 day moving average price is $95.91 and its two-hundred day moving average price is $99.07.

Crown (NYSE:CCK) last released 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 company had revenue of $3.20 billion during the quarter, compared to the consensus estimate of $3.13 billion. During the same quarter in the prior year, the firm posted $1.99 EPS. The firm’s revenue for the quarter was up 4.2% compared to the same quarter last year. Crown has set its Q4 2025 guidance at 1.650-1.75 EPS. FY 2025 guidance at 7.700-7.80 EPS. Equities research analysts expect that Crown Holdings, Inc. will post 6.96 earnings per share for the current fiscal year.

Crown Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on CCK shares. Wall Street Zen upgraded Crown from a “hold” rating to a “buy” rating in a report on Sunday, October 26th. Citigroup dropped their target price on Crown from $135.00 to $124.00 and set a “buy” rating on the stock in a research report on Monday, September 29th. Truist Financial reaffirmed a “buy” rating and set a $126.00 price target (up previously from $118.00) on shares of Crown in a research report on Wednesday, October 22nd. UBS Group reaffirmed a “buy” rating and set a $117.00 price target on shares of Crown in a research note on Tuesday, October 21st. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Crown in a research report on Tuesday. Twelve research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $118.08.

Crown Profile

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.