Sei Investments Co. Sells 63,243 Shares of Crown Holdings, Inc. $CCK

Sei Investments Co. cut its holdings in Crown Holdings, Inc. (NYSE:CCK) by 11.8% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 473,302 shares of the industrial products company’s stock after selling 63,243 shares during the quarter. Sei Investments Co.’s holdings in Crown were worth $47,444,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Root Financial Partners LLC raised its holdings in shares of Crown by 23.8% during the 4th quarter. Root Financial Partners LLC now owns 473 shares of the industrial products company’s stock valued at $49,000 after purchasing an additional 91 shares in the last quarter. Parallel Advisors LLC boosted its holdings in Crown by 12.5% in the fourth quarter. Parallel Advisors LLC now owns 934 shares of the industrial products company’s stock worth $96,000 after purchasing an additional 104 shares in the last quarter. ORG Partners LLC boosted its holdings in Crown by 52.5% in the fourth quarter. ORG Partners LLC now owns 305 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 105 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in Crown by 45.3% during the first quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock valued at $32,000 after buying an additional 111 shares in the last quarter. Finally, Siemens Fonds Invest GmbH raised its holdings in Crown by 7.7% during the third quarter. Siemens Fonds Invest GmbH now owns 1,626 shares of the industrial products company’s stock valued at $157,000 after buying an additional 116 shares in the last quarter. 90.93% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. Wall Street Zen upgraded Crown from a “hold” rating to a “buy” rating in a research note on Saturday, June 20th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Crown in a research note on Wednesday. Royal Bank Of Canada boosted their target price on Crown from $131.00 to $135.00 and gave the stock an “outperform” rating in a report on Friday. Citigroup reiterated a “buy” rating on shares of Crown in a report on Thursday. Finally, Mizuho lifted their price target on shares of Crown from $130.00 to $135.00 and gave the company an “outperform” rating in a research report on Tuesday, July 21st. Eleven analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $128.20.

Insider Buying and Selling

In other news, CEO Timothy J. Donahue sold 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $105.00, for a total transaction of $1,575,000.00. Following the completion of the transaction, the chief executive officer directly owned 436,070 shares in the company, valued at $45,787,350. The trade was a 3.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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.

Key Headlines Impacting Crown

Here are the key news stories impacting Crown this week:

• Positive Sentiment: Royal Bank of Canada raised its price target on Crown Holdings to $135 from $131 and reiterated an outperform rating, suggesting meaningful upside from current levels. Benzinga report
• Positive Sentiment: Crown Holdings declared a quarterly dividend of $0.35 per share, which can appeal to income-focused investors and signals continued shareholder returns. Press release
• Positive Sentiment: Several analysts remained constructive after the earnings beat, including Truist reaffirming Buy and Wells Fargo lifting its price target to $127, which adds to the bullish tone around the stock. Article
• Neutral Sentiment: UBS reportedly kept a Hold rating, indicating some analysts see the shares as fairly valued after the recent rally. UBS Hold report
• Negative Sentiment: J.P. Morgan reportedly downgraded Crown to Neutral after the strong run-up, which may reflect concerns that much of the good news is already priced in. Seeking Alpha report

Crown Stock Up 3.0%

CCK stock opened at $117.88 on Friday. The stock has a market capitalization of $13.17 billion, a price-to-earnings ratio of 16.96, a price-to-earnings-growth ratio of 1.74 and a beta of 0.60. The company has a 50-day moving average of $104.60 and a two-hundred day moving average of $105.16. Crown Holdings, Inc. has a 52-week low of $89.21 and a 52-week high of $121.76. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.05 and a quick ratio of 0.70.

Crown (NYSE:CCK) last posted its quarterly earnings data on Monday, July 20th. The industrial products company reported $2.49 EPS for the quarter, topping analysts’ consensus estimates of $2.16 by $0.33. Crown had a return on equity of 27.33% and a net margin of 5.91%.The business had revenue of $3.67 billion for the quarter, compared to analyst estimates of $3.37 billion. During the same period in the previous year, the company posted $2.15 earnings per share. The firm’s revenue for the quarter 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. As a group, equities research analysts anticipate that Crown Holdings, Inc. will post 8.39 EPS for the current year.

Crown Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Shareholders of record on Thursday, August 6th will be given a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, August 6th. Crown’s payout ratio is currently 20.14%.

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.