Key Points
- COO Djalma Novaes Jr. sold 29,734 shares at an average of $114.80 for about $3.41M, cutting his stake by roughly 25% to 88,052 shares (≈$10.11M).
- Crown beat quarterly expectations, reporting $1.74 EPS vs. $1.69 expected and $3.13B revenue (up 7.7% YoY), and set FY2026 EPS guidance of $7.90–$8.30 with Q1 guidance of $1.70–$1.80.
- Analyst consensus is a "Moderate Buy" with a $125.86 average price target, though one shop (Wall Street Zen) recently downgraded the stock to a Hold.
Crown Holdings, Inc. (NYSE:CCK - Get Free Report) COO Djalma Novaes, Jr. sold 29,734 shares of the firm's stock in a transaction on 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 completion of the sale, the chief operating officer directly owned 88,052 shares of the company's stock, valued at approximately $10,108,369.60. This trade represents a 25.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Crown Stock Up 0.6%
NYSE:CCK opened at $115.84 on Wednesday. The business's fifty day moving average price is $106.59 and its 200 day moving average price is $100.29. The firm has a market capitalization of $13.36 billion, a price-to-earnings ratio of 18.18, a PEG ratio of 1.34 and a beta of 0.73. The company has a current ratio of 1.03, a quick ratio of 0.66 and a debt-to-equity ratio of 1.55. Crown Holdings, Inc. has a 1-year low of $75.98 and a 1-year high of $116.62.
Crown (NYSE:CCK - Get Free Report) last released its earnings results on Wednesday, February 4th. The industrial products company reported $1.74 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.05. The company had revenue of $3.13 billion for the quarter, compared to analysts' expectations of $2.99 billion. Crown had a return on equity of 26.68% and a net margin of 5.97%.The business's revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.59 EPS. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q1 2026 guidance at 1.700-1.800 EPS. On average, sell-side analysts forecast that Crown Holdings, Inc. will post 6.96 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
A number of equities analysts have recently weighed in on the stock. Wall Street Zen downgraded shares of Crown from a "buy" rating to a "hold" rating in a research note on Monday. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Crown in a research report on Monday, December 29th. Jefferies Financial Group reiterated a "buy" rating on shares of Crown in a report on Monday. Wolfe Research set a $115.00 price objective on Crown in a report on Friday, February 6th. Finally, Morgan Stanley reiterated an "overweight" rating on shares of Crown in a research note on Friday, February 6th. Eleven analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $125.86.
Read Our Latest Report on CCK
More Crown News
Here are the key news stories impacting Crown this week:
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of CCK. Harbor Capital Advisors Inc. boosted its stake in Crown by 103.1% during the third quarter. Harbor Capital Advisors Inc. now owns 264 shares of the industrial products company's stock worth $25,000 after buying an additional 134 shares in the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of Crown by 105.0% during the 3rd quarter. Smartleaf Asset Management LLC now owns 289 shares of the industrial products company's stock worth $28,000 after acquiring an additional 148 shares during the period. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Crown during the 3rd quarter valued at about $29,000. ORG Partners LLC increased its stake in Crown by 52.5% in the fourth quarter. ORG Partners LLC now owns 305 shares of the industrial products company's stock valued at $31,000 after acquiring an additional 105 shares during the period. Finally, Geneos Wealth Management Inc. raised its position in Crown by 45.3% in 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 in the last quarter. 90.93% of the stock is currently owned by institutional investors and hedge funds.
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.
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