Crown (NYSE:CCK) COO Sells $1,995,549.08 in Stock

Key Points

  • Crown COO Djalma Novaes, Jr. sold 19,754 shares on December 16 for an aggregate $1,995,549.08, reducing his stake by 16.94% to 96,841 shares (filing available with the SEC).
  • Crown beat expectations in its last quarter, reporting $2.24 EPS on $3.20 billion revenue and setting Q4 2025 guidance of 1.650–1.75 EPS and FY2025 guidance of 7.700–7.80 EPS, with a market cap around $12.03 billion and a trailing P/E of 12.91.
  • Shareholder returns and analyst view: Crown pays a $0.26 quarterly dividend (≈1.0% yield) and has a consensus Wall Street rating of "Moderate Buy" with a $118.08 mean price target.

Crown Holdings, Inc. (NYSE:CCK - Get Free Report) COO Djalma Novaes, Jr. sold 19,754 shares of the firm's stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $101.02, for a total transaction of $1,995,549.08. Following the sale, the chief operating officer owned 96,841 shares in the company, valued at approximately $9,782,877.82. This trade represents a 16.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Crown Trading Up 2.8%

Shares of Crown stock opened at $104.33 on Thursday. Crown Holdings, Inc. has a fifty-two week low of $75.98 and a fifty-two week high of $109.48. The business's fifty day moving average is $96.76 and its two-hundred day moving average is $99.03. The company has a quick ratio of 0.76, a current ratio of 1.16 and a debt-to-equity ratio of 1.65. The firm has a market cap of $12.03 billion, a PE ratio of 12.91, a P/E/G ratio of 1.38 and a beta of 0.76.

Crown (NYSE:CCK - Get Free Report) last released its earnings results on Monday, October 20th. The industrial products company reported $2.24 EPS for the quarter, beating the consensus estimate of $1.98 by $0.26. Crown had a return on equity of 26.86% and a net margin of 7.79%.The firm had revenue of $3.20 billion during the quarter, compared to analyst estimates of $3.13 billion. During the same period in the prior year, the firm posted $1.99 earnings per share. The business's quarterly revenue was up 4.2% compared to the same quarter last year. Crown has set its Q4 2025 guidance at 1.650-1.75 EPS and its FY 2025 guidance at 7.700-7.80 EPS. Analysts anticipate that Crown Holdings, Inc. will post 6.96 earnings per share for the current year.

Crown Announces Dividend




The business also recently declared a quarterly dividend, which was paid on Thursday, November 20th. Investors of record on Thursday, November 6th were given a dividend of $0.26 per share. The ex-dividend date of this dividend was Thursday, November 6th. This represents a $1.04 annualized dividend and a yield of 1.0%. Crown's dividend payout ratio is 12.87%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Wells Fargo & Company lifted their price target on shares of Crown from $97.00 to $99.00 and gave the company an "equal weight" rating in a report on Wednesday, October 22nd. Raymond James Financial reiterated an "outperform" rating and issued a $115.00 target price (up previously from $110.00) on shares of Crown in a report on Wednesday, October 22nd. Mizuho upped their price target on Crown from $116.00 to $120.00 and gave the stock an "outperform" rating in a research note on Tuesday, October 21st. UBS Group reaffirmed a "buy" rating and issued a $117.00 price objective on shares of Crown in a research note on Tuesday, October 21st. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Crown in a report on Monday. Twelve equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Crown has a consensus rating of "Moderate Buy" and a consensus target price of $118.08.

Get Our Latest Research Report on CCK

Institutional Investors Weigh In On Crown

Several institutional investors and hedge funds have recently modified their holdings of CCK. Harbor Capital Advisors Inc. raised its holdings in shares of Crown by 103.1% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 264 shares of the industrial products company's stock valued at $25,000 after buying an additional 134 shares during the period. Smartleaf Asset Management LLC grew its position in Crown by 105.0% in the third quarter. Smartleaf Asset Management LLC now owns 289 shares of the industrial products company's stock valued at $28,000 after acquiring an additional 148 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in Crown in the third quarter valued at approximately $29,000. Geneos Wealth Management Inc. raised its stake in shares of 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 purchasing an additional 111 shares during the period. Finally, Quent Capital LLC acquired a new position in shares of Crown during the third quarter worth $34,000. Hedge funds and other institutional investors own 90.93% of the company's stock.

About Crown

(Get Free Report)

Crown Holdings, Inc, together with its subsidiaries, engages in the packaging business in the United States and internationally. It operates through Americas Beverage, European Beverage, Asia Pacific, and Transit Packaging segments. The company manufactures and sells recyclable aluminum beverage cans and ends, glass bottles, steel crowns, aluminum caps, non-beverage cans, and aerosol cans and closures.

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