Wellington Management Group LLP Lowers Stake in Crown Holdings, Inc. $CCK

Wellington Management Group LLP cut its stake in Crown Holdings, Inc. (NYSE:CCK) by 8.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 283,570 shares of the industrial products company’s stock after selling 27,274 shares during the period. Wellington Management Group LLP owned about 0.26% of Crown worth $31,709,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in CCK. Root Financial Partners LLC increased its position in shares of Crown by 23.8% during the fourth quarter. Root Financial Partners LLC now owns 473 shares of the industrial products company’s stock worth $49,000 after acquiring an additional 91 shares during the period. Parallel Advisors LLC grew its stake 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. Geneos Wealth Management Inc. increased its holdings in Crown by 45.3% during 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 period. Siemens Fonds Invest GmbH raised its position in Crown by 7.7% during the 3rd quarter. Siemens Fonds Invest GmbH now owns 1,626 shares of the industrial products company’s stock valued at $157,000 after purchasing an additional 116 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. raised its position in Crown by 2.1% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 5,838 shares of the industrial products company’s stock valued at $585,000 after purchasing an additional 121 shares in the last quarter. 90.93% of the stock is owned by hedge funds and other institutional investors.

Crown Stock Performance

Shares of Crown stock opened at $115.28 on Friday. The company has a market capitalization of $12.54 billion, a PE ratio of 16.59, a P/E/G ratio of 1.62 and a beta of 0.58. The company has a 50-day simple moving average of $116.52 and a two-hundred day simple moving average of $107.74. Crown Holdings, Inc. has a one year low of $89.21 and a one year high of $122.91. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.65 and a current ratio of 1.05.

Crown (NYSE:CCK) last released its quarterly earnings results on Monday, July 20th. The industrial products company reported $2.49 earnings per share for the quarter, beating analysts’ consensus estimates of $2.16 by $0.33. The business had revenue of $3.67 billion for the quarter, compared to analysts’ expectations of $3.37 billion. Crown had a net margin of 5.91% and a return on equity of 27.33%. The company’s revenue was up 16.5% compared to the same quarter last year. During the same period last year, the business earned $2.15 EPS. Crown has set its Q3 2026 guidance at 2.200-2.30 EPS and its FY 2026 guidance at 8.300-8.50 EPS. Research analysts expect that Crown Holdings, Inc. will post 8.39 EPS for the current fiscal year.

Crown Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Stockholders of record on Thursday, August 6th were given a dividend of $0.35 per share. The ex-dividend date of this dividend was Thursday, August 6th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.2%. Crown’s dividend payout ratio is presently 20.14%.

Wall Street Analyst Weigh In

CCK has been the topic of a number of recent research reports. JPMorgan Chase & Co. downgraded Crown from an “overweight” rating to a “neutral” rating and increased their price target for the stock from $107.00 to $121.00 in a research report on Wednesday, July 22nd. Wells Fargo & Company upped their price objective on shares of Crown from $117.00 to $127.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 22nd. Weiss Ratings upgraded shares of Crown from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, August 5th. Royal Bank Of Canada raised their target price on shares of Crown from $131.00 to $135.00 and gave the company an “outperform” rating in a research report on Friday, July 24th. Finally, Robert W. Baird boosted their price target on shares of Crown from $120.00 to $130.00 and gave the company a “neutral” rating in a report on Wednesday, July 22nd. Eleven research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $128.20.

Key Headlines Impacting Crown

Here are the key news stories impacting Crown this week:

• Positive Sentiment: Long-term growth profile highlighted: Zacks identified Crown Holdings as a potentially attractive long-term growth stock through its Style Scores framework. The coverage points to Crown’s favorable growth characteristics, which may support investor interest despite near-term share-price weakness. Why Crown Holdings (CCK) is a Top Growth Stock for the Long-Term
• Neutral Sentiment: Analyst commentary provides additional visibility: A market roundup included Crown Holdings among consumer-cyclical companies under analyst review. The supplied report does not specify a new price target, rating change, or earnings-estimate revision for CCK, so the immediate investment impact appears limited. Analysts Offer Insights on Consumer Cyclical Companies: Tilly’s, Crown Holdings and Kontoor Brands
• Neutral Sentiment: Senior legal executive retirement announced: Crown said Adam Dickstein, its senior vice president and general counsel, will retire. The announcement is a management transition but does not indicate a change to operations, financial guidance, or capital-allocation plans in the available information. Crown Holdings Announces Retirement of Senior Legal Executive

Insider Activity at Crown

In other news, CEO Timothy Donahue sold 15,000 shares of the stock in a transaction 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 sale, the chief executive officer owned 436,070 shares in the company, valued at approximately $45,787,350. This represents a 3.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.90% of the company’s stock.

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.