Crown (NYSE:CCK) Stock Rating Lowered by Wall Street Zen

Crown (NYSE:CCK) was downgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

Other equities analysts have also issued reports about the stock. UBS Group reiterated a “buy” rating and set a $117.00 target price on shares of Crown in a report on Tuesday, October 21st. Wells Fargo & Company lifted their price objective on Crown from $99.00 to $106.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 6th. Royal Bank Of Canada boosted their target price on Crown from $116.00 to $120.00 and gave the stock an “outperform” rating in a report on Wednesday, October 22nd. Raymond James Financial restated an “outperform” rating and set a $115.00 price target (up from $110.00) on shares of Crown in a report on Wednesday, October 22nd. Finally, Mizuho lifted their price target on Crown from $116.00 to $120.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 21st. Twelve research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $118.92.

Crown Stock Performance

Shares of Crown stock opened at $104.47 on Friday. Crown has a 12 month low of $75.98 and a 12 month high of $109.48. The firm has a market capitalization of $12.05 billion, a P/E ratio of 12.93, a P/E/G ratio of 1.20 and a beta of 0.75. The company has a current ratio of 1.16, a quick ratio of 0.76 and a debt-to-equity ratio of 1.65. The business has a fifty day simple moving average of $99.55 and a two-hundred day simple moving average of $99.30.

Crown (NYSE:CCK) last issued its quarterly earnings results on Monday, October 20th. The industrial products company reported $2.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.98 by $0.26. Crown had a net margin of 7.79% and a return on equity of 26.86%. The company had revenue of $3.20 billion during the quarter, compared to analyst estimates of $3.13 billion. During the same period last year, the business earned $1.99 EPS. Crown’s quarterly revenue was up 4.2% compared to the same quarter last year. Crown has set its Q4 2025 guidance at 1.650-1.75 EPS and its FY 2025 guidance at 7.700-7.80 EPS. On average, equities analysts forecast that Crown will post 6.96 earnings per share for the current fiscal year.

Insider Transactions at Crown

In other Crown news, COO Djalma Novaes, Jr. sold 19,754 shares of the company’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $101.02, for a total transaction of $1,995,549.08. Following the transaction, the chief operating officer owned 96,841 shares in the company, valued at approximately $9,782,877.82. This represents a 16.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Timothy J. Donahue sold 8,476 shares of the firm’s stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $105.01, for a total transaction of $890,064.76. Following the sale, the chief executive officer directly owned 440,580 shares in the company, valued at approximately $46,265,305.80. The trade was a 1.89% decrease in their position. The SEC filing for this sale provides additional information. 0.90% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Crown

A number of large investors have recently added to or reduced their stakes in CCK. SG Americas Securities LLC lifted its holdings in shares of Crown by 45.2% during the 4th quarter. SG Americas Securities LLC now owns 56,284 shares of the industrial products company’s stock valued at $5,796,000 after buying an additional 17,516 shares during the period. Assenagon Asset Management S.A. grew its holdings in shares of Crown by 33.5% in the fourth quarter. Assenagon Asset Management S.A. now owns 532,585 shares of the industrial products company’s stock worth $54,840,000 after acquiring an additional 133,660 shares during the period. 180 Wealth Advisors LLC purchased a new stake in Crown during the fourth quarter valued at $725,000. True Wealth Design LLC lifted its holdings in Crown by 33.6% in the fourth quarter. True Wealth Design LLC now owns 1,407 shares of the industrial products company’s stock valued at $145,000 after acquiring an additional 354 shares during the period. Finally, Wealth Enhancement Advisory Services LLC boosted its position in Crown by 37.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 51,477 shares of the industrial products company’s stock worth $5,336,000 after purchasing an additional 14,093 shares during the last quarter. Institutional investors own 90.93% of the company’s stock.

About Crown

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.