Crown (NYSE:CCK) Updates FY 2025 Earnings Guidance

Crown (NYSE:CCK - Get Free Report) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided earnings per share guidance of 7.100-7.500 for the period, compared to the consensus earnings per share estimate of 7.053. The company issued revenue guidance of -. Crown also updated its Q3 2025 guidance to 1.950-2.050 EPS.

Crown Stock Performance

CCK stock traded down $1.52 during trading on Monday, reaching $104.71. 1,911,621 shares of the stock were exchanged, compared to its average volume of 1,239,314. Crown has a twelve month low of $75.98 and a twelve month high of $109.48. The company has a current ratio of 0.87, a quick ratio of 0.56 and a debt-to-equity ratio of 1.50. The stock has a 50 day simple moving average of $102.07 and a 200-day simple moving average of $92.71. The company has a market capitalization of $12.19 billion, a P/E ratio of 22.52, a price-to-earnings-growth ratio of 1.73 and a beta of 0.76.

Crown (NYSE:CCK - Get Free Report) last announced its quarterly earnings data on Monday, July 21st. The industrial products company reported $2.15 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.85 by $0.30. Crown had a net margin of 4.62% and a return on equity of 26.98%. As a group, sell-side analysts anticipate that Crown will post 6.96 earnings per share for the current year.

Crown Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 29th. Investors of record on Thursday, May 15th were paid a $0.26 dividend. The ex-dividend date was Thursday, May 15th. This represents a $1.04 dividend on an annualized basis and a yield of 0.99%. Crown's dividend payout ratio (DPR) is 22.37%.

Analyst Upgrades and Downgrades

CCK has been the subject of a number of analyst reports. UBS Group lifted their price objective on shares of Crown from $114.00 to $125.00 and gave the company a "buy" rating in a report on Wednesday, July 9th. Robert W. Baird lowered Crown from an "outperform" rating to a "neutral" rating and set a $105.00 price target for the company. in a research note on Thursday. Citigroup increased their price objective on Crown from $119.00 to $129.00 and gave the company a "buy" rating in a research report on Thursday, July 3rd. Bank of America boosted their price objective on Crown from $110.00 to $117.00 and gave the company a "buy" rating in a research note on Wednesday, July 9th. Finally, Mizuho increased their price objective on shares of Crown from $110.00 to $127.00 and gave the company an "outperform" rating in a research report on Tuesday, July 15th. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $119.45.

Insider Activity at Crown

In related news, VP Christy L. Kalaus sold 2,130 shares of the company's stock in a transaction on Friday, May 16th. The shares were sold at an average price of $99.41, for a total value of $211,743.30. Following the sale, the vice president directly owned 4,500 shares of the company's stock, valued at $447,345. This represents a 32.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Gerard H. Gifford sold 7,000 shares of the stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $97.00, for a total value of $679,000.00. Following the transaction, the chief operating officer directly owned 135,014 shares in the company, valued at approximately $13,096,358. This represents a 4.93% decrease in their position. The disclosure for this sale can be found here. 0.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Crown

A number of hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada boosted its position in shares of Crown by 24.1% in the 1st quarter. Royal Bank of Canada now owns 48,920 shares of the industrial products company's stock valued at $4,367,000 after purchasing an additional 9,497 shares during the period. Integrated Wealth Concepts LLC grew its holdings in shares of Crown by 39.4% during the first quarter. Integrated Wealth Concepts LLC now owns 4,109 shares of the industrial products company's stock valued at $367,000 after buying an additional 1,161 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of Crown during the first quarter valued at $111,000. NewEdge Advisors LLC lifted its stake in Crown by 6.3% in the 1st quarter. NewEdge Advisors LLC now owns 5,917 shares of the industrial products company's stock worth $528,000 after acquiring an additional 351 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in Crown by 23.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 666,262 shares of the industrial products company's stock worth $59,471,000 after acquiring an additional 127,737 shares during the period. 90.93% of the stock is currently owned by institutional investors.

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.

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