Crown (NYSE:CCK) CEO Timothy Donahue Sells 29,024 Shares of Stock

Key Points

  • CEO Timothy Donahue sold 29,024 shares on January 5 at an average price of $105, totaling $3,047,520 and reducing his stake by 6.59% to 411,556 shares (SEC filing available).
  • Crown beat quarterly expectations, reporting $2.24 EPS vs. $1.98 expected and $3.20B revenue, and issued Q4 2025 guidance of $1.65–1.75 EPS and FY2025 guidance of $7.70–7.80 EPS.
  • The company pays a $0.26 quarterly dividend (1.0% yield, 12.87% payout ratio), and analysts have a consensus rating of Moderate Buy with a $119.62 average target price.

Crown Holdings, Inc. (NYSE:CCK - Get Free Report) CEO Timothy Donahue sold 29,024 shares of the stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $105.00, for a total transaction of $3,047,520.00. Following the transaction, the chief executive officer owned 411,556 shares in the company, valued at approximately $43,213,380. This represents a 6.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

Crown Stock Performance

Shares of NYSE:CCK opened at $103.78 on Wednesday. The firm has a 50 day moving average of $99.85 and a 200 day moving average of $99.31. 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 company has a market capitalization of $11.97 billion, a price-to-earnings ratio of 12.84, a price-to-earnings-growth ratio of 1.22 and a beta of 0.75. Crown Holdings, Inc. has a 52 week low of $75.98 and a 52 week high of $109.48.

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

Crown Dividend Announcement




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

Hedge Funds Weigh In On Crown

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC grew its stake in Crown by 19.7% during the 2nd quarter. Farther Finance Advisors LLC now owns 633 shares of the industrial products company's stock valued at $65,000 after purchasing an additional 104 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings 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 worth $32,000 after purchasing an additional 111 shares during the period. ProShare Advisors LLC boosted its position in Crown by 2.3% in the second quarter. ProShare Advisors LLC now owns 5,101 shares of the industrial products company's stock valued at $525,000 after buying an additional 113 shares during the last quarter. DekaBank Deutsche Girozentrale increased its holdings in Crown by 1.2% in the 2nd quarter. DekaBank Deutsche Girozentrale now owns 9,477 shares of the industrial products company's stock worth $983,000 after buying an additional 114 shares during the period. Finally, 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 worth $157,000 after buying an additional 116 shares during the last quarter. Hedge funds and other institutional investors own 90.93% of the company's stock.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Royal Bank Of Canada boosted their price objective on shares of Crown from $116.00 to $120.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 22nd. Truist Financial upped their price target on Crown from $126.00 to $130.00 and gave the stock a "buy" rating in a research report on Tuesday, January 6th. UBS Group raised their price objective on Crown from $125.00 to $126.00 and gave the stock a "buy" rating in a research report on Monday. Wells Fargo & Company boosted their target price on Crown from $99.00 to $106.00 and gave the stock an "equal weight" rating in a research note on Tuesday, January 6th. Finally, Citigroup decreased their price target on Crown from $135.00 to $124.00 and set a "buy" rating for the company in a research note on Monday, September 29th. Twelve equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $119.62.

Check Out Our Latest Stock Analysis on CCK

About Crown

(Get Free Report)

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.

Further Reading

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