Crown Holdings, Inc. $CCK Shares Purchased by Perpetual Ltd

Perpetual Ltd boosted its position in Crown Holdings, Inc. (NYSE:CCK) by 23.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 166,753 shares of the industrial products company’s stock after acquiring an additional 31,298 shares during the period. Perpetual Ltd’s holdings in Crown were worth $17,171,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. ORG Partners LLC raised its position in shares of Crown by 52.5% in the 4th quarter. ORG Partners LLC now owns 305 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 105 shares in the last quarter. Geneos Wealth Management Inc. grew its position in shares of Crown by 45.3% during the first quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock worth $32,000 after buying an additional 111 shares in the last quarter. Siemens Fonds Invest GmbH increased its stake in shares of Crown by 7.7% in the third quarter. Siemens Fonds Invest GmbH now owns 1,626 shares of the industrial products company’s stock worth $157,000 after buying an additional 116 shares during the last quarter. Pallas Capital Advisors LLC increased its stake in shares of Crown by 1.0% in the fourth quarter. Pallas Capital Advisors LLC now owns 12,618 shares of the industrial products company’s stock worth $1,299,000 after buying an additional 130 shares during the last quarter. Finally, Harbor Capital Advisors Inc. raised its holdings in Crown by 103.1% in the third quarter. Harbor Capital Advisors Inc. now owns 264 shares of the industrial products company’s stock valued at $25,000 after acquiring an additional 134 shares in the last quarter. 90.93% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on CCK shares. Mizuho raised their price objective on shares of Crown from $120.00 to $130.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. Wolfe Research set a $115.00 target price on shares of Crown in a research note on Friday, February 6th. Weiss Ratings reiterated a “buy (b)” rating on shares of Crown in a research note on Friday, March 27th. JPMorgan Chase & Co. lowered Crown from an “overweight” rating to a “neutral” rating and boosted their price objective for the company from $112.00 to $155.00 in a report on Friday, February 6th. Finally, Wall Street Zen cut Crown from a “buy” rating to a “hold” rating in a research note on Saturday, March 28th. Twelve analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, Crown presently has an average rating of “Moderate Buy” and a consensus target price of $125.13.

Insider Activity at Crown

In related news, CEO Timothy J. Donahue sold 7,500 shares of the company’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $110.67, for a total transaction of $830,025.00. Following the completion of the transaction, the chief executive officer directly owned 474,736 shares in the company, valued at $52,539,033.12. This represents a 1.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Djalma Novaes, Jr. sold 29,734 shares of the firm’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $114.80, for a total value of $3,413,463.20. Following the completion of the sale, the chief operating officer owned 88,052 shares in the company, valued at $10,108,369.60. The trade was a 25.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 73,758 shares of company stock worth $8,078,508. Company insiders own 0.90% of the company’s stock.

Crown Trading Up 0.1%

Crown stock opened at $102.84 on Friday. Crown Holdings, Inc. has a 1 year low of $75.98 and a 1 year high of $116.62. The firm’s 50-day moving average is $107.64 and its 200-day moving average is $101.62. The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.66 and a current ratio of 1.03. The company has a market cap of $11.54 billion, a P/E ratio of 16.14, a PEG ratio of 1.37 and a beta of 0.75.

Crown (NYSE:CCK) last announced its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $1.74 earnings per share for the quarter, beating analysts’ consensus estimates of $1.69 by $0.05. The business 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%. The company’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.59 EPS. 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, equities analysts expect that Crown Holdings, Inc. will post 6.96 earnings per share for the current year.

Crown Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th were given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Tuesday, March 17th. This is a positive change from Crown’s previous quarterly dividend of $0.26. Crown’s payout ratio is currently 21.98%.

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.