Crown Holdings, Inc. (NYSE:CCK) Stock Has Consensus Price Target of $127.73 According to Brokerages

Key Points

• Crown Holdings has a “Moderate Buy” consensus rating from 17 analysts, with 12 recommending buy and five hold; the average 12-month price target is $127.73 versus the stock’s $107.86 price.
• Crown reported quarterly adjusted earnings of $2.49 per share, beating estimates of $2.16, while revenue rose 16.5% year over year to $3.67 billion.
• Institutional investors own 90.93% of Crown’s shares, and the company pays a quarterly dividend of $0.35, equivalent to an annualized $1.40 dividend and a 1.3% yield.

Crown Holdings, Inc. (NYSE:CCK - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the seventeen ratings firms that are currently covering the firm, MarketBeat reports. Five equities research analysts have rated the stock with a hold recommendation and twelve have issued a buy recommendation on the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $127.73.

A number of research firms have recently issued reports on CCK. JPMorgan Chase & Co. upgraded Crown from a "neutral" rating to an "overweight" rating and set a $121.00 target price for the company in a research note on Friday, September 18th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Crown in a research report on Wednesday, July 22nd. Mizuho increased their price objective on shares of Crown from $130.00 to $135.00 and gave the company an "outperform" rating in a research report on Tuesday, July 21st. UBS Group dropped their price objective on shares of Crown from $123.00 to $116.00 and set a "neutral" rating on the stock in a research note on Monday. Finally, Wells Fargo & Company boosted their target price on shares of Crown from $117.00 to $127.00 and gave the stock an "equal weight" rating in a research report on Wednesday, July 22nd.

Institutional Trading of Crown

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Dimensional Fund Advisors LP grew its stake in Crown by 1.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,977,123 shares of the industrial products company's stock valued at $198,186,000 after purchasing an additional 32,112 shares in the last quarter. Quantinno Capital Management LP grew its position in shares of Crown by 19.3% during the first quarter. Quantinno Capital Management LP now owns 1,156,902 shares of the industrial products company's stock worth $115,979,000 after buying an additional 186,849 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in Crown during the 2nd quarter worth $112,578,000. Nykredit A S bought a new stake in Crown in the second quarter valued at about $99,537,000. Finally, Assenagon Asset Management S.A. bought a new stake in shares of Crown in the 2nd quarter valued at approximately $60,275,000. 90.93% of the stock is owned by hedge funds and other institutional investors.

Crown Price Performance

Crown stock opened at $107.86 on Wednesday. Crown has a 52-week low of $89.21 and a 52-week high of $122.91. The firm has a fifty day moving average of $114.66 and a 200-day moving average of $107.65. The firm has a market capitalization of $11.73 billion, a P/E ratio of 15.52, a PEG ratio of 1.49 and a beta of 0.56. 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 (NYSE:CCK - Get Free Report) last posted its earnings results on Monday, July 20th. The industrial products company reported $2.49 earnings per share for the quarter, beating the consensus estimate of $2.16 by $0.33. Crown had a net margin of 5.91% and a return on equity of 27.33%. The business had revenue of $3.67 billion for the quarter, compared to analyst estimates of $3.37 billion. During the same quarter in the previous year, the business posted $2.15 EPS. The business's quarterly revenue was up 16.5% on a year-over-year basis. Crown has set its Q3 2026 guidance at 2.200-2.30 EPS and its FY 2026 guidance at 8.300-8.50 EPS. As a group, analysts predict that Crown will post 8.39 EPS for the current year.

Crown Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Thursday, August 6th were issued a $0.35 dividend. The ex-dividend date was Thursday, August 6th. This represents a $1.40 dividend on an annualized basis and a yield of 1.3%. Crown's payout ratio is currently 20.14%.

Crown Company Profile

Crown Holdings, Inc NYSE: CCK is a global manufacturer of packaging products. The company primarily produces metal beverage cans and ends, food cans, aerosol cans, and metal closures used for beverages, food, household products, personal care items, and other consumer goods.

Crown also provides transit packaging solutions, including protective packaging systems and materials used to secure and transport industrial and consumer products. Its customers include beverage, food, household products, personal care, and industrial companies.

The company traces its history to 1892, when it was founded as Crown Cork & Seal Company following the development of the crown cork bottle closure.

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