Amundi Reduces Stock Position in Crown Holdings, Inc. $CCK

Key Points

• Amundi cut its Crown Holdings stake by 26.9% in the second quarter, selling 123,640 shares and retaining 336,657 shares valued at approximately $37.6 million. Institutional investors collectively own 90.93% of CCK.
• Crown reported a quarterly earnings beat, with EPS of $2.49 versus the $2.16 consensus estimate and revenue of $3.67 billion, up 16.5% year over year. The company issued 2026 EPS guidance of $8.30–$8.50 for the full year.
• Analysts remain broadly positive, with an average “Moderate Buy” rating and a consensus price target of $128.20, compared with the stock’s reported price of $112.80. Crown also pays a quarterly dividend of $0.35 per share, yielding about 1.2%.

Amundi decreased its position in Crown Holdings, Inc. (NYSE:CCK - Free Report) by 26.9% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 336,657 shares of the industrial products company's stock after selling 123,640 shares during the quarter. Amundi owned about 0.31% of Crown worth $37,646,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CCK. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Crown during the second quarter valued at approximately $2,896,000. California State Teachers Retirement System grew its stake in Crown by 10,917.0% in the 2nd quarter. California State Teachers Retirement System now owns 14,660,497 shares of the industrial products company's stock worth $1,639,337,000 after acquiring an additional 14,527,425 shares during the period. AlphaGrep UK Ltd purchased a new stake in Crown in the 2nd quarter worth approximately $331,000. Nykredit A S acquired a new position in Crown in the 2nd quarter valued at $99,537,000. Finally, Proficio Capital Partners LLC acquired a new position in Crown in the 2nd quarter valued at $394,000. 90.93% of the stock is currently owned by hedge funds and other institutional investors.

Crown Stock Performance

Shares of NYSE:CCK opened at $112.80 on Friday. The business has a 50-day moving average of $116.63 and a two-hundred day moving average of $107.71. The firm has a market capitalization of $12.27 billion, a PE ratio of 16.23, a P/E/G ratio of 1.57 and a beta of 0.58. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.05 and a quick ratio of 0.65. Crown Holdings, Inc. has a 12 month low of $89.21 and a 12 month high of $122.91.

Crown (NYSE:CCK - Get Free Report) last released its quarterly earnings data 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 return on equity of 27.33% and a net margin of 5.91%.The business had revenue of $3.67 billion for the quarter, compared to analyst estimates of $3.37 billion. During the same period in the previous year, the company posted $2.15 EPS. The company's revenue was up 16.5% compared to the same quarter last year. 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, research analysts forecast that Crown Holdings, Inc. will post 8.39 earnings per share for the current year.

Crown Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Thursday, August 6th were given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, August 6th. Crown's payout ratio is 20.14%.

Insider Transactions at Crown

In other Crown news, CEO Timothy Donahue sold 15,000 shares of the business's stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $105.00, for a total transaction of $1,575,000.00. Following the completion of the sale, the chief executive officer directly owned 436,070 shares in the company, valued at $45,787,350. The trade was a 3.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.90% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on CCK shares. UBS Group raised their price objective on Crown from $115.00 to $123.00 and gave the stock a "neutral" rating in a report on Wednesday, July 22nd. Truist Financial reiterated a "buy" rating and issued a $141.00 target price (up from $129.00) on shares of Crown in a research note on Wednesday, July 22nd. BMO Capital Markets increased their target price on Crown from $130.00 to $135.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 22nd. Weiss Ratings raised Crown from a "buy (b-)" rating to a "buy (b)" rating in a research note on Wednesday, August 5th. Finally, Bank of America lifted their price target on Crown from $129.00 to $145.00 and gave the company a "buy" rating in a report on Tuesday, July 14th. Eleven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, Crown has an average rating of "Moderate Buy" and a consensus target price of $128.20.

About Crown

Crown Holdings, Inc NYSE: CCK is a global packaging company that designs and manufactures metal packaging products for consumer goods and industrial customers. Its portfolio includes beverage cans, food cans, aerosol cans, metal closures, and other specialty packaging used for products such as beverages, food, household goods, personal care items, and industrial materials.

The company also provides transit packaging solutions, including equipment and materials used to protect and secure products during shipping.

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