Crown (NYSE:CCK) Announces Earnings Results, Beats Estimates By $0.26 EPS

Key Points

• Crown Holdings reported earnings of $2.24 per share for the quarter, exceeding estimates by $0.24, with revenues up 4.2% year-over-year.
• The company updated its Q4 2025 guidance to an EPS range of 1.650-1.75 and FY 2025 guidance to 7.700-7.80 EPS.
• Crown's stock price increased by 0.8% to $94.55, and insiders sold a total of 58,222 shares worth approximately $5.87 million in the last ninety days.

Crown (NYSE:CCK - Get Free Report) issued its quarterly earnings data on Monday. The industrial products company reported $2.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.98 by $0.26, Zacks reports. The firm had revenue of $3.20 billion during the quarter, compared to analysts' expectations of $3.13 billion. Crown had a net margin of 4.64% and a return on equity of 27.15%. The business's revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.99 earnings per share. Crown updated its Q4 2025 guidance to 1.650-1.75 EPS and its FY 2025 guidance to 7.700-7.80 EPS.

Crown Trading Up 0.8%

Crown stock opened at $94.55 on Tuesday. The stock has a 50-day simple moving average of $96.23 and a 200 day simple moving average of $97.42. The stock has a market capitalization of $11.00 billion, a P/E ratio of 19.86, a PEG ratio of 1.34 and a beta of 0.73. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.69 and a current ratio of 1.06. Crown has a 52 week low of $75.98 and a 52 week high of $109.48.

Crown Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 21st. Investors of record on Thursday, August 7th were issued a dividend of $0.26 per share. The ex-dividend date was Thursday, August 7th. This represents a $1.04 dividend on an annualized basis and a yield of 1.1%. Crown's dividend payout ratio (DPR) is presently 21.85%.

Insider Buying and Selling

In other news, CAO Gerard H. Gifford sold 8,222 shares of the firm's stock in a transaction dated Friday, July 25th. The shares were sold at an average price of $102.93, for a total transaction of $846,290.46. Following the completion of the sale, the chief accounting officer owned 122,585 shares in the company, valued at approximately $12,617,674.05. This trade represents a 6.29% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Timothy J. Donahue sold 37,000 shares of the firm's stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $100.56, for a total transaction of $3,720,720.00. Following the sale, the chief executive officer owned 462,056 shares of the company's stock, valued at approximately $46,464,351.36. This represents a 7.41% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 58,222 shares of company stock worth $5,873,770. Company insiders own 0.90% of the company's stock.

Hedge Funds Weigh In On Crown

Hedge funds have recently bought and sold shares of the business. Geneos Wealth Management Inc. raised its position in shares of Crown by 45.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company's stock valued at $32,000 after buying an additional 111 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Crown in the 1st quarter valued at approximately $111,000. Rafferty Asset Management LLC acquired a new position in shares of Crown in the 2nd quarter valued at approximately $207,000. HUB Investment Partners LLC acquired a new position in shares of Crown in the 2nd quarter valued at approximately $215,000. Finally, ICONIQ Capital LLC acquired a new position in shares of Crown in the 2nd quarter valued at approximately $218,000. 90.93% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently weighed in on CCK. Baird R W cut shares of Crown from a "strong-buy" rating to a "hold" rating in a report on Thursday, July 17th. Wells Fargo & Company reduced their price target on shares of Crown from $113.00 to $97.00 and set an "equal weight" rating for the company in a report on Wednesday, October 15th. Truist Financial upgraded shares of Crown from a "hold" rating to a "buy" rating and set a $118.00 price target for the company in a report on Friday, September 5th. Raymond James Financial assumed coverage on shares of Crown in a report on Wednesday, October 15th. They issued an "outperform" rating and a $110.00 price target for the company. Finally, Robert W. Baird increased their target price on shares of Crown from $105.00 to $110.00 and gave the stock a "neutral" rating in a report on Wednesday, July 23rd. Twelve investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $116.62.

About Crown

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.