Cumberland Partners Ltd Purchases 15,000 Shares of Crown Holdings, Inc. $CCK

Cumberland Partners Ltd boosted its position in shares of Crown Holdings, Inc. (NYSE:CCK) by 300.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,000 shares of the industrial products company’s stock after purchasing an additional 15,000 shares during the period. Cumberland Partners Ltd’s holdings in Crown were worth $1,932,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in CCK. Norges Bank purchased a new stake in shares of Crown in the second quarter worth approximately $184,046,000. JPMorgan Chase & Co. grew its position in Crown by 226.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,474,038 shares of the industrial products company’s stock valued at $142,377,000 after acquiring an additional 1,022,789 shares during the last quarter. Invesco Ltd. increased its stake in Crown by 58.6% in the second quarter. Invesco Ltd. now owns 2,727,276 shares of the industrial products company’s stock worth $280,855,000 after purchasing an additional 1,007,980 shares during the period. Swedbank AB lifted its position in shares of Crown by 60.8% during the third quarter. Swedbank AB now owns 2,493,570 shares of the industrial products company’s stock worth $240,854,000 after purchasing an additional 943,045 shares during the last quarter. Finally, AQR Capital Management LLC boosted its stake in shares of Crown by 43.3% during the second quarter. AQR Capital Management LLC now owns 2,533,612 shares of the industrial products company’s stock valued at $260,835,000 after purchasing an additional 765,136 shares during the period. Institutional investors own 90.93% of the company’s stock.

Insider Transactions at Crown

In related news, CEO Timothy J. Donahue sold 7,500 shares of the business’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 transaction of $787,500.00. Following the completion of the transaction, the chief executive officer owned 482,236 shares in the company, valued at $50,634,780. The trade was a 1.53% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, COO Djalma Novaes, Jr. sold 19,754 shares of the firm’s stock in a transaction that occurred on 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 completion of the sale, the chief operating officer owned 96,841 shares of the company’s stock, valued at approximately $9,782,877.82. This trade represents a 16.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 64,754 shares of company stock worth $6,720,634 over the last 90 days. Company insiders own 0.90% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Morgan Stanley reiterated an “overweight” rating on shares of Crown 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 research note on Monday, February 9th. Wells Fargo & Company increased their price objective on Crown from $106.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Friday, February 6th. Wolfe Research set a $115.00 price objective on Crown in a report on Friday, February 6th. Finally, Truist Financial reiterated a “buy” rating and issued a $135.00 target price (up from $130.00) on shares of Crown in a report on Friday, February 6th. Ten equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $125.86.

Crown Stock Up 3.6%

Shares of NYSE CCK opened at $114.28 on Thursday. Crown Holdings, Inc. has a 12-month low of $75.98 and a 12-month high of $115.85. The stock’s fifty day simple moving average is $105.33 and its two-hundred day simple moving average is $99.86. The stock has a market capitalization of $13.18 billion, a PE ratio of 17.94, a price-to-earnings-growth ratio of 1.29 and a beta of 0.73. The company has a current ratio of 1.03, a quick ratio of 0.66 and a debt-to-equity ratio of 1.55.

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

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.