Metropolis Capital Ltd Sells 180,259 Shares of Crown Holdings, Inc. $CCK
by Renee Jackson · The Cerbat GemMetropolis Capital Ltd lowered its stake in shares of Crown Holdings, Inc. (NYSE:CCK – Free Report) by 13.8% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 1,126,350 shares of the industrial products company’s stock after selling 180,259 shares during the period. Crown makes up approximately 3.3% of Metropolis Capital Ltd’s investment portfolio, making the stock its 13th largest position. Metropolis Capital Ltd owned 1.04% of Crown worth $118,729,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently made changes to their positions in the stock. Gold Investment Management Ltd. raised its position in Crown by 3.5% in the third quarter. Gold Investment Management Ltd. now owns 13,793 shares of the industrial products company’s stock valued at $1,454,000 after purchasing an additional 469 shares during the period. IFP Advisors Inc lifted its stake in Crown by 64.1% during the third quarter. IFP Advisors Inc now owns 1,424 shares of the industrial products company’s stock worth $150,000 after purchasing an additional 556 shares in the last quarter. Pension & Wealth Management Advisors Inc. purchased a new position in shares of Crown during the third quarter worth $32,000. State of Alaska Department of Revenue boosted its position in shares of Crown by 123.4% during the third quarter. State of Alaska Department of Revenue now owns 24,184 shares of the industrial products company’s stock worth $2,548,000 after buying an additional 13,357 shares during the period. Finally, Curated Wealth Partners LLC purchased a new position in shares of Crown during the third quarter worth $493,000. Hedge funds and other institutional investors own 90.93% of the company’s stock.
Crown Stock Down 3.1%
Crown stock traded down $3.60 during mid-day trading on Tuesday, reaching $111.29. 826,311 shares of the company’s stock were exchanged, compared to its average volume of 1,083,017. The company has a quick ratio of 0.65, a current ratio of 1.05 and a debt-to-equity ratio of 1.63. Crown Holdings, Inc. has a twelve month low of $91.31 and a twelve month high of $122.91. The company has a market cap of $12.10 billion, a P/E ratio of 16.01, a P/E/G ratio of 1.54 and a beta of 0.56. The company has a fifty day moving average of $112.95 and a 200-day moving average of $108.29.
Crown (NYSE:CCK – Get Free Report) last posted its quarterly earnings results on Monday, October 19th. The industrial products company reported $2.39 EPS for the quarter, topping the consensus estimate of $2.26 by $0.13. Crown had a net margin of 5.91% and a return on equity of 27.33%. The business had revenue of $3.71 billion during the quarter, compared to the consensus estimate of $3.46 billion. During the same quarter in the previous year, the firm posted $2.24 earnings per share. The company’s quarterly revenue was up 15.9% compared to the same quarter last year. Sell-side analysts expect that Crown Holdings, Inc. will post 8.39 EPS for the current year.
Crown Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, August 20th. Investors of record on Thursday, August 6th were paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Thursday, August 6th. Crown’s payout ratio is presently 20.14%.
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on the company. Jefferies Financial Group set a $121.00 price objective on Crown in a report on Wednesday, July 22nd. Royal Bank Of Canada increased their target price on Crown from $131.00 to $135.00 and gave the stock an “outperform” rating in a research note on Friday, July 24th. Bank of America raised their target price on Crown from $129.00 to $145.00 and gave the company a “buy” rating in a report on Tuesday, July 14th. Wells Fargo & Company reaffirmed a “cautious” rating on shares of Crown in a research report on Monday. Finally, Truist Financial reaffirmed a “buy” rating and issued a $141.00 target price (up from $129.00) on shares of Crown in a research report on Wednesday, July 22nd. Twelve investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, Crown currently has a consensus rating of “Moderate Buy” and a consensus price target of $127.67.
View Our Latest Stock Analysis on Crown
Crown News Summary
Here are the key news stories impacting Crown this week:
- Positive Sentiment: Q3 results exceeded expectations. Crown reported adjusted EPS of $2.39, ahead of the $2.26 consensus, while revenue reached $3.71 billion versus estimates of $3.46 billion. Revenue increased 15.9% year over year, and net income rose to $225 million from $214 million. Crown Holdings Reports Third Quarter 2026 Results
- Positive Sentiment: Demand trends improved. Global beverage-can shipments increased more than 6% during the quarter, helping offset higher costs and supporting the company’s profit growth. Crown Holdings Reports Higher Profit as Can Volumes Offset Rising Costs
- Positive Sentiment: Capital returns remain substantial. Crown repurchased $81 million of stock in the quarter, bringing year-to-date repurchases to $598 million. Management also expects at least $950 million in adjusted free cash flow for the full year. Crown Holdings: 3 Key Takeaways for Long-Term Investors
- Neutral Sentiment: Valuation arguments are mixed. Some coverage describes CCK as still undervalued despite its roughly 55% run, with one estimate suggesting approximately 16% upside after the strong Q3 report. Crown Holdings Stock Still Looks Undervalued
- Negative Sentiment: Forward guidance disappointed investors. Crown expects fourth-quarter adjusted EPS of $1.63–$1.73, while full-year adjusted EPS guidance is $8.35–$8.45. The outlook, combined with increased spending and rising costs, was viewed as insufficient to reward the recent rally. Crown Holdings More Growth More Spending Not Enough Reward
- Negative Sentiment: Analyst conviction remains limited. Wells Fargo reduced its price target from $127 to $126 and maintained an “equal weight” rating, signaling limited near-term enthusiasm despite the reported earnings beat.
Crown Profile
Crown Holdings, Inc (NYSE: CCK) is a global packaging company that designs, manufactures and sells metal packaging products. Its portfolio includes beverage cans, food cans, aerosol cans, closures and other specialty packaging used by consumer goods, food and beverage, household, personal care and industrial customers.
The company serves customers across North America, Europe, Asia Pacific and other international markets. Crown’s products are used for beer, soft drinks, energy drinks, canned foods, household products, personal care items and industrial materials.
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