World Investment Advisors Buys New Holdings in Crown Holdings, Inc. $CCK

World Investment Advisors purchased a new position in Crown Holdings, Inc. (NYSE:CCK) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 11,628 shares of the industrial products company’s stock, valued at approximately $1,197,000.

Several other institutional investors and hedge funds have also bought and sold shares of CCK. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Crown in the third quarter worth $29,000. ORG Partners LLC lifted its position in Crown by 52.5% during the fourth 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 during the period. Geneos Wealth Management Inc. boosted its holdings in Crown by 45.3% in the first quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 111 shares during the last quarter. BOK Financial Private Wealth Inc. purchased a new stake in Crown in the fourth quarter valued at $42,000. Finally, Smartleaf Asset Management LLC grew its position in Crown by 52.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 440 shares of the industrial products company’s stock worth $46,000 after purchasing an additional 151 shares during the period. 90.93% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Weiss Ratings restated a “buy (b)” rating on shares of Crown in a research note on Friday, March 27th. Wall Street Zen upgraded Crown from a “hold” rating to a “buy” rating in a research report on Saturday. Wells Fargo & Company decreased their price target on Crown from $111.00 to $109.00 and set an “equal weight” rating for the company in a report on Tuesday, April 14th. Citigroup upped their price objective on Crown from $127.00 to $129.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Finally, UBS Group dropped their price objective on shares of Crown from $120.00 to $112.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 29th. Twelve investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $120.00.

Crown Trading Up 0.0%

CCK stock opened at $101.54 on Monday. The company’s 50-day simple moving average is $99.70 and its 200-day simple moving average is $103.18. The company has a quick ratio of 0.70, a current ratio of 1.12 and a debt-to-equity ratio of 1.67. Crown Holdings, Inc. has a 52-week low of $89.21 and a 52-week high of $116.62. The firm has a market cap of $11.35 billion, a P/E ratio of 16.17, a PEG ratio of 1.68 and a beta of 0.63.

Crown (NYSE:CCK) last posted its earnings results on Monday, April 27th. The industrial products company reported $1.86 EPS for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $3.03 billion. During the same period last year, the firm earned $1.67 EPS. The company’s quarterly revenue was up 12.9% on a year-over-year basis. 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, equities analysts forecast that Crown Holdings, Inc. will post 8.05 EPS for the current fiscal year.

Crown Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were issued a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Thursday, May 14th. Crown’s dividend payout ratio (DPR) is presently 22.29%.

Insider Activity at Crown

In other news, CEO Timothy J. Donahue sold 7,500 shares of the business’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $106.85, for a total value of $801,375.00. Following the completion of the sale, the chief executive officer directly owned 451,070 shares in the company, valued at $48,196,829.50. The trade was a 1.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.90% of the stock is owned by company insiders.

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.