Crown (NYSE:CCK) Stock Rating Lowered by Wall Street Zen
by Renee Jackson · The Cerbat GemCrown (NYSE:CCK – Get Free Report) was downgraded by equities researchers at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued to investors on Saturday.
CCK has been the subject of a number of other research reports. Wolfe Research set a $115.00 price target on Crown in a research report on Friday, February 6th. UBS Group decreased their price target on Crown from $126.00 to $120.00 and set a “neutral” rating for the company in a research report on Friday, April 10th. Morgan Stanley reiterated an “overweight” rating on shares of Crown in a research report on Friday, February 6th. Royal Bank Of Canada raised their price objective on Crown from $120.00 to $140.00 and gave the stock an “outperform” rating in a research report on Monday, February 9th. Finally, Mizuho raised their price objective on Crown from $120.00 to $130.00 and gave the stock an “outperform” rating in a research report on Thursday, February 5th. Twelve research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $124.40.
View Our Latest Research Report on CCK
Crown Trading Up 0.2%
NYSE:CCK opened at $107.32 on Friday. The company has a quick ratio of 0.66, a current ratio of 1.03 and a debt-to-equity ratio of 1.55. Crown has a 1-year low of $83.23 and a 1-year high of $116.62. The firm has a market capitalization of $12.05 billion, a price-to-earnings ratio of 16.85, a price-to-earnings-growth ratio of 1.76 and a beta of 0.75. The stock has a fifty day simple moving average of $107.14 and a 200 day simple moving average of $102.42.
Crown (NYSE:CCK – Get Free Report) last released its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $1.74 earnings per share for the quarter, beating analysts’ consensus estimates of $1.69 by $0.05. Crown had a return on equity of 26.68% and a net margin of 5.97%.The business had revenue of $3.13 billion during the quarter, compared to analyst estimates of $2.99 billion. During the same quarter last year, the company posted $1.59 EPS. Crown’s revenue for the quarter was up 7.7% on a year-over-year basis. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q1 2026 guidance at 1.700-1.800 EPS. Sell-side analysts forecast that Crown will post 6.96 earnings per share for the current year.
Insider Transactions at Crown
In other news, CEO Timothy J. Donahue sold 7,500 shares of the firm’s stock in a transaction dated Wednesday, April 15th. The stock was 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 directly owned 451,070 shares of the company’s stock, valued at $48,196,829.50. This trade represents a 1.64% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Djalma Novaes, Jr. sold 29,734 shares of the firm’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $114.80, for a total value of $3,413,463.20. Following the sale, the chief operating officer directly owned 88,052 shares of the company’s stock, valued at $10,108,369.60. This trade represents a 25.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 59,734 shares of company stock valued at $6,619,863 over the last ninety days. Company insiders own 0.90% of the company’s stock.
Institutional Investors Weigh In On Crown
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Hennessy Advisors Inc. bought a new position in shares of Crown in the 3rd quarter valued at approximately $43,417,000. CWM LLC raised its stake in shares of Crown by 73.3% in the 3rd quarter. CWM LLC now owns 72,075 shares of the industrial products company’s stock valued at $6,962,000 after acquiring an additional 30,488 shares in the last quarter. AEGON ASSET MANAGEMENT UK Plc bought a new position in shares of Crown in the 3rd quarter valued at approximately $15,472,000. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund raised its stake in shares of Crown by 235.5% in the 3rd quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 25,500 shares of the industrial products company’s stock valued at $2,463,000 after acquiring an additional 17,900 shares in the last quarter. Finally, Nordea Investment Management AB raised its stake in shares of Crown by 2.2% in the 4th quarter. Nordea Investment Management AB now owns 1,666,360 shares of the industrial products company’s stock valued at $171,668,000 after acquiring an additional 36,540 shares in the last quarter. 90.93% of the stock is owned by hedge funds and other institutional investors.
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.