Crown Holdings, Inc. $CCK Holdings Decreased by Amundi

Key Points

• Amundi reduced its Crown Holdings stake by 10.6% in the first quarter, selling 54,691 shares and retaining 460,297 shares valued at approximately $46.1 million. Institutional investors and hedge funds collectively own 90.93% of the company.
• Crown reported quarterly EPS of $2.49, beating estimates of $2.16, while revenue rose 16.5% year over year to $3.67 billion. The company issued Q3 and full-year 2026 earnings guidance and analysts maintain a “Moderate Buy” consensus with an average price target of $128.20.
• The company declared a quarterly dividend of $0.35 per share, or $1.40 annually, representing a 1.2% yield. Shares recently opened at $118.17, near the company’s 52-week high of $121.90.

Amundi trimmed its holdings in shares of Crown Holdings, Inc. (NYSE:CCK - Free Report) by 10.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 460,297 shares of the industrial products company's stock after selling 54,691 shares during the period. Amundi owned approximately 0.41% of Crown worth $46,145,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. State Street Corp grew its stake in Crown by 2.1% in the third quarter. State Street Corp now owns 4,514,736 shares of the industrial products company's stock valued at $436,078,000 after purchasing an additional 93,045 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Crown by 19.3% during the 4th quarter. AQR Capital Management LLC now owns 4,137,962 shares of the industrial products company's stock valued at $426,086,000 after buying an additional 670,412 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of Crown by 33.6% during the 4th quarter. Invesco Ltd. now owns 3,526,983 shares of the industrial products company's stock valued at $363,173,000 after buying an additional 886,471 shares during the last quarter. Swedbank AB grew its stake in shares of Crown by 1.9% in the 4th quarter. Swedbank AB now owns 2,541,183 shares of the industrial products company's stock valued at $261,666,000 after buying an additional 47,613 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in Crown by 1.7% in the first quarter. Dimensional Fund Advisors LP now owns 1,977,123 shares of the industrial products company's stock worth $198,186,000 after buying an additional 32,112 shares during the last quarter. 90.93% of the stock is currently owned by institutional investors and hedge funds.

Crown Stock Up 0.3%

Shares of CCK opened at $118.17 on Monday. Crown Holdings, Inc. has a 52 week low of $89.21 and a 52 week high of $121.90. The firm has a market capitalization of $13.21 billion, a P/E ratio of 17.00, a P/E/G ratio of 1.65 and a beta of 0.59. The company has a 50-day simple moving average of $106.86 and a 200-day simple moving average of $105.70. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.65 and a current ratio of 1.05.

Crown (NYSE:CCK - Get Free Report) last issued its quarterly earnings results on Monday, July 20th. The industrial products company reported $2.49 earnings per share (EPS) 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 firm 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 earnings per share. The company's quarterly 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. On average, equities research analysts expect 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 will be paid on Thursday, August 20th. Shareholders of record on Thursday, August 6th will be paid a dividend of $0.35 per share. The ex-dividend date is Thursday, August 6th. This represents a $1.40 dividend on an annualized basis and a yield of 1.2%. Crown's payout ratio is currently 20.14%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. Wells Fargo & Company lifted their target price on shares of Crown from $117.00 to $127.00 and gave the company an "equal weight" rating in a research note on Wednesday, July 22nd. DA Davidson cut their price target on shares of Crown from $115.00 to $107.00 and set a "neutral" rating on the stock in a report on Wednesday, May 13th. Raymond James Financial lifted their price objective on shares of Crown from $125.00 to $135.00 and gave the company an "outperform" rating in a research note on Wednesday, July 15th. Citigroup reiterated a "buy" rating on shares of Crown in a report on Thursday, July 23rd. Finally, UBS Group increased their target price on shares of Crown from $115.00 to $123.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 22nd. Eleven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $128.20.

Insiders Place Their Bets

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

About Crown

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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