Lyrical Asset Management LP Has $7.53 Million Position in Crown Holdings, Inc. $CCK

Lyrical Asset Management LP grew its stake in Crown Holdings, Inc. (NYSE:CCK) by 9.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 73,120 shares of the industrial products company’s stock after purchasing an additional 6,356 shares during the period. Lyrical Asset Management LP’s holdings in Crown were worth $7,529,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Smartleaf Asset Management LLC grew its position in Crown by 105.0% in the third quarter. Smartleaf Asset Management LLC now owns 289 shares of the industrial products company’s stock valued at $28,000 after acquiring an additional 148 shares during the period. Caitong International Asset Management Co. Ltd bought a new position in shares of Crown during the third quarter valued at $29,000. ORG Partners LLC boosted its stake 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 holdings in shares of Crown by 45.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 111 shares during the last quarter. Finally, BOK Financial Private Wealth Inc. acquired a new stake in shares of Crown during the 4th quarter worth about $42,000. Institutional investors own 90.93% of the company’s stock.

Crown Stock Down 0.1%

Crown stock opened at $93.33 on Monday. The firm has a market capitalization of $10.43 billion, a price-to-earnings ratio of 14.86, a PEG ratio of 1.54 and a beta of 0.63. The company’s 50 day simple moving average is $100.37 and its 200 day simple moving average is $103.02. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.12 and a quick ratio of 0.70. Crown Holdings, Inc. has a fifty-two week low of $89.21 and a fifty-two week high of $116.62.

Crown (NYSE:CCK) last announced its quarterly earnings results on Monday, April 27th. The industrial products company reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.75 by $0.11. The firm had revenue of $3.26 billion for the quarter, compared to analyst estimates of $3.03 billion. Crown had a net margin of 5.65% and a return on equity of 26.62%. The business’s revenue was up 12.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.67 earnings per share. 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, sell-side analysts anticipate that Crown Holdings, Inc. will post 8.05 EPS for the current year.

Crown Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were given 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 of this dividend was Thursday, May 14th. Crown’s payout ratio is 22.29%.

Insider Activity at Crown

In related news, CEO Timothy J. Donahue sold 7,500 shares of Crown stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $106.85, for a total transaction of $801,375.00. Following the completion of 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 position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.90% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Truist Financial cut their target price on shares of Crown from $135.00 to $129.00 and set a “buy” rating for the company in a research note on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft initiated coverage on Crown in a research report on Wednesday, April 1st. They issued a “buy” rating and a $124.00 price objective for the company. Citigroup increased their target price on Crown from $127.00 to $129.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Wall Street Zen cut Crown from a “buy” rating to a “hold” rating in a report on Saturday. Finally, JPMorgan Chase & Co. upgraded shares of Crown from a “neutral” rating to an “overweight” rating and set a $107.00 price target on the stock in a research report on Monday, May 18th. Twelve research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $120.00.

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.