Crown Holdings, Inc. $CCK Shares Purchased by LSV Asset Management

LSV Asset Management grew its stake in shares of Crown Holdings, Inc. (NYSE:CCK) by 126.5% in the third quarter, HoldingsChannel reports. The fund owned 133,655 shares of the industrial products company’s stock after buying an additional 74,655 shares during the quarter. LSV Asset Management’s holdings in Crown were worth $12,910,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. State Street Corp grew its holdings in Crown by 1.6% in the second quarter. State Street Corp now owns 4,421,691 shares of the industrial products company’s stock valued at $455,346,000 after purchasing an additional 71,355 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of Crown by 5.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 3,300,662 shares of the industrial products company’s stock valued at $339,902,000 after purchasing an additional 165,600 shares during the last quarter. Invesco Ltd. grew its stake in shares of Crown by 58.6% during the 2nd quarter. Invesco Ltd. now owns 2,727,276 shares of the industrial products company’s stock valued at $280,855,000 after buying an additional 1,007,980 shares during the period. AQR Capital Management LLC grew its stake in shares of Crown by 43.3% during the 2nd quarter. AQR Capital Management LLC now owns 2,533,612 shares of the industrial products company’s stock valued at $260,835,000 after buying an additional 765,136 shares during the period. Finally, Swedbank AB increased its holdings in shares of Crown by 60.8% during the 3rd quarter. Swedbank AB now owns 2,493,570 shares of the industrial products company’s stock worth $240,854,000 after buying an additional 943,045 shares during the last quarter. 90.93% of the stock is currently owned by hedge funds and other institutional investors.

Crown Stock Performance

Shares of NYSE:CCK opened at $110.76 on Friday. The business’s 50-day simple moving average is $104.33 and its 200 day simple moving average is $99.59. The company has a market cap of $12.78 billion, a P/E ratio of 17.39, a PEG ratio of 1.29 and a beta of 0.73. The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.66 and a current ratio of 1.03. Crown Holdings, Inc. has a one year low of $75.98 and a one year high of $115.85.

Crown (NYSE:CCK) last issued its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $1.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.05. The company had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $2.99 billion. Crown had a net margin of 5.97% and a return on equity of 26.68%. Crown’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter last year, the company earned $1.59 earnings per share. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q1 2026 guidance at 1.700-1.800 EPS. On average, sell-side analysts forecast that Crown Holdings, Inc. will post 6.96 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

CCK has been the topic of a number of research analyst reports. Truist Financial reiterated a “buy” rating and issued a $135.00 target price (up previously from $130.00) on shares of Crown in a report on Friday, February 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Crown in a research note on Monday, December 29th. JPMorgan Chase & Co. cut Crown from an “overweight” rating to a “neutral” rating and boosted their target price for the stock from $112.00 to $155.00 in a report on Friday, February 6th. UBS Group set a $126.00 price target on shares of Crown and gave the company a “neutral” rating in a report on Monday, February 9th. Finally, Royal Bank Of Canada lifted their price target on shares of Crown from $120.00 to $140.00 and gave the company an “outperform” rating in a research report on Monday, February 9th. Ten equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Crown presently has an average rating of “Moderate Buy” and an average target price of $125.86.

Insider Buying and Selling at Crown

In related news, COO Djalma Novaes, Jr. sold 19,754 shares of the business’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $101.02, for a total value 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. The trade was a 16.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Timothy J. Donahue sold 7,500 shares of the firm’s stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of $105.00, for a total value of $787,500.00. Following the sale, the chief executive officer owned 482,236 shares of the company’s stock, valued at approximately $50,634,780. This trade represents a 1.53% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 64,754 shares of company stock worth $6,720,634 in the last ninety days. 0.90% of the stock is currently owned by insiders.

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.