Northwestern Mutual Wealth Management Co. Acquires 224,936 Shares of Crown Holdings, Inc. $CCK

Northwestern Mutual Wealth Management Co. grew its position in Crown Holdings, Inc. (NYSE:CCK) by 2,404.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 234,290 shares of the industrial products company’s stock after acquiring an additional 224,936 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Crown were worth $24,125,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the company. Thrivent Financial for Lutherans lifted its stake in shares of Crown by 17.4% in the 4th quarter. Thrivent Financial for Lutherans now owns 980,572 shares of the industrial products company’s stock valued at $100,978,000 after acquiring an additional 145,198 shares during the last quarter. Arbejdsmarkedets Tillaegspension bought a new position in shares of Crown in the 4th quarter valued at $25,424,000. Allworth Financial LP lifted its stake in shares of Crown by 68.7% in the 4th quarter. Allworth Financial LP now owns 2,524 shares of the industrial products company’s stock valued at $260,000 after acquiring an additional 1,028 shares during the last quarter. World Investment Advisors bought a new position in shares of Crown in the 4th quarter valued at $1,188,000. Finally, Oxbow Advisors LLC lifted its stake in shares of Crown by 2.0% in the 4th quarter. Oxbow Advisors LLC now owns 30,120 shares of the industrial products company’s stock valued at $3,101,000 after acquiring an additional 602 shares during the last quarter. 90.93% of the stock is currently owned by institutional investors.

Crown Stock Performance

Shares of Crown stock opened at $95.22 on Wednesday. The company has a current ratio of 1.12, a quick ratio of 0.70 and a debt-to-equity ratio of 1.67. The business has a 50-day moving average price of $102.26 and a two-hundred day moving average price of $103.18. Crown Holdings, Inc. has a 1-year low of $89.21 and a 1-year high of $116.62. The company has a market cap of $10.64 billion, a P/E ratio of 15.16, a PEG ratio of 1.60 and a beta of 0.65.

Crown (NYSE:CCK) last issued its quarterly 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 firm had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $3.03 billion. During the same period last year, the business posted $1.67 EPS. The business’s revenue was up 12.9% compared to the same quarter last year. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q2 2026 guidance at 2.100-2.200 EPS. As a group, analysts anticipate that Crown Holdings, Inc. will post 8.05 EPS for the current year.

Crown Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th will be issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Thursday, May 14th. Crown’s dividend payout ratio (DPR) is presently 22.29%.

Analyst Ratings Changes

A number of brokerages have recently commented on CCK. Deutsche Bank Aktiengesellschaft began coverage on Crown in a research note on Wednesday, April 1st. They issued a “buy” rating and a $124.00 price target for the company. Mizuho raised their target price on Crown from $120.00 to $130.00 and gave the stock an “outperform” rating in a research report on Thursday, February 5th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Crown in a research report on Monday, February 23rd. DA Davidson lowered their target price on Crown from $115.00 to $107.00 and set a “neutral” rating for the company in a research report on Wednesday, May 13th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Crown in a research report on Friday, February 6th. Twelve investment 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 stock presently has an average rating of “Moderate Buy” and a consensus price target of $120.00.

Insider Transactions at Crown

In other Crown news, COO Djalma Novaes, Jr. sold 29,734 shares of the stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $114.80, for a total transaction of $3,413,463.20. Following the completion of the sale, the chief operating officer directly owned 88,052 shares in the company, valued at approximately $10,108,369.60. This trade represents a 25.24% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Timothy J. Donahue sold 7,500 shares of the stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $106.85, for a total value of $801,375.00. Following the sale, the chief executive officer owned 451,070 shares of the company’s stock, valued at approximately $48,196,829.50. The trade was a 1.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 44,734 shares of company stock valued at $5,002,338. Company insiders own 0.90% of the company’s stock.

Crown 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.