Levin Capital Strategies L.P. Reduces Stock Holdings in Crown Holdings, Inc. $CCK

Levin Capital Strategies L.P. reduced its position in shares of Crown Holdings, Inc. (NYSE:CCK) by 45.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 51,993 shares of the industrial products company’s stock after selling 42,827 shares during the period. Levin Capital Strategies L.P.’s holdings in Crown were worth $5,212,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of CCK. Norges Bank acquired a new position in Crown in the 4th quarter valued at about $158,288,000. Fuller & Thaler Asset Management Inc. purchased a new stake in shares of Crown during the 4th quarter valued at approximately $127,230,000. AQR Capital Management LLC raised its position in shares of Crown by 36.9% during the 3rd quarter. AQR Capital Management LLC now owns 3,467,550 shares of the industrial products company’s stock valued at $333,197,000 after buying an additional 933,938 shares during the period. Invesco Ltd. lifted its holdings in Crown by 33.6% in the fourth quarter. Invesco Ltd. now owns 3,526,983 shares of the industrial products company’s stock valued at $363,173,000 after acquiring an additional 886,471 shares during the last quarter. Finally, LSV Asset Management lifted its holdings in Crown by 542.2% in the fourth quarter. LSV Asset Management now owns 858,275 shares of the industrial products company’s stock valued at $88,377,000 after acquiring an additional 724,620 shares during the last quarter. 90.93% of the stock is owned by hedge funds and other institutional investors.

Crown Trading Down 1.4%

Shares of NYSE CCK opened at $116.37 on Thursday. Crown Holdings, Inc. has a twelve month low of $89.21 and a twelve month high of $121.76. The company has a current ratio of 1.05, a quick ratio of 0.70 and a debt-to-equity ratio of 1.63. The stock has a fifty day simple moving average of $103.86 and a 200-day simple moving average of $105.00. The stock has a market capitalization of $13.00 billion, a PE ratio of 16.74, a PEG ratio of 1.88 and a beta of 0.60.

Crown (NYSE:CCK) last posted its earnings results on Monday, July 20th. The industrial products company reported $2.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.16 by $0.33. Crown had a return on equity of 27.33% and a net margin of 5.91%.The firm had revenue of $3.67 billion for the quarter, compared to analyst estimates of $3.37 billion. During the same quarter in the prior year, the company earned $2.15 EPS. Crown’s revenue was up 16.5% on a year-over-year basis. Crown has set its Q3 2026 guidance at 2.200-2.30 EPS and its FY 2026 guidance at 8.300-8.50 EPS. On average, equities analysts forecast that Crown Holdings, Inc. will post 8.45 earnings per share for the current year.

Crown Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 28th. Stockholders of record on Thursday, May 14th were given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Thursday, May 14th. Crown’s dividend payout ratio is currently 20.14%.

Insider Activity at Crown

In other news, CEO Timothy J. Donahue sold 15,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $105.00, for a total value of $1,575,000.00. Following the completion of the transaction, the chief executive officer owned 436,070 shares of the company’s stock, valued at approximately $45,787,350. This trade represents a 3.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.90% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Citigroup raised their target price on Crown from $127.00 to $129.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Wells Fargo & Company increased their price target on Crown from $117.00 to $127.00 and gave the stock an “equal weight” rating in a report on Wednesday. Raymond James Financial raised their price objective on Crown from $125.00 to $135.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 15th. Jefferies Financial Group set a $121.00 price objective on shares of Crown in a report on Wednesday. Finally, Robert W. Baird upped their target price on shares of Crown from $120.00 to $130.00 and gave the company a “neutral” rating in a research report on Wednesday. Eleven investment analysts have rated the stock with a Buy rating and six have issued 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 $127.93.

Key Crown News

Here are the key news stories impacting Crown this week:

• Positive Sentiment: Crown Holdings reported Q2 earnings above expectations and lifted its 2026 guidance, signaling stronger demand and better profitability ahead. CCK Q2 Earnings Beat on Strong Beverage Can Volumes, ’26 View Raised
• Positive Sentiment: Analysts at Truist, Wells Fargo, Robert W. Baird, and Mizuho all raised price targets, reflecting confidence in Crown Holdings’ earnings outlook and valuation. Analyst price target changes
• Neutral Sentiment: JPMorgan downgraded the stock to neutral, but still increased its price target, suggesting the company’s fundamentals remain solid even if upside may be more limited from here. JPMorgan downgrade and target increase
• Neutral Sentiment: Seeking Alpha and earnings-call coverage highlighted a cautiously upbeat tone from management, with investors watching how growth and cash flow trends develop after the strong quarter. CCK Q2 2026 Earnings Call Transcript
• Negative Sentiment: Some commentary argues Crown Holdings has healthy earnings momentum but limited further upside, which could temper enthusiasm after the recent run-up. Crown Holdings: Healthy Earnings Outlook, Yet Limited Upside Ahead

Crown Company 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.