Danske Bank A S Has $2.07 Million Holdings in Crown Holdings, Inc. $CCK

Key Points

• Danske Bank A/S cut its stake in Crown by 57.7% in Q4 and now holds 20,071 shares worth about $2.07 million.
• Company insiders have been selling recently: COO Djalma Novaes Jr. sold 29,734 shares and the CEO sold 7,500 shares (some under a Rule 10b5-1 plan), with 52,234 insider shares sold in the last three months worth ~$5.83 million.
• Crown beat Q1 estimates with $1.86 EPS vs. $1.75, provided FY2026 guidance of $7.90–$8.30 EPS, and announced a quarterly dividend of $0.35 (annualized yield ~1.4%).

Danske Bank A S reduced its stake in Crown Holdings, Inc. (NYSE:CCK - Free Report) by 57.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,071 shares of the industrial products company's stock after selling 27,402 shares during the period. Danske Bank A S's holdings in Crown were worth $2,067,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. State Street Corp grew its holdings in shares of Crown by 2.1% during the 3rd quarter. State Street Corp now owns 4,514,736 shares of the industrial products company's stock worth $436,078,000 after purchasing an additional 93,045 shares in the last quarter. AQR Capital Management LLC grew its stake in Crown by 36.9% during the third quarter. AQR Capital Management LLC now owns 3,467,550 shares of the industrial products company's stock worth $333,197,000 after buying an additional 933,938 shares in the last quarter. Franklin Resources Inc. grew its stake in Crown by 5.3% during the third quarter. Franklin Resources Inc. now owns 2,979,842 shares of the industrial products company's stock worth $287,823,000 after buying an additional 149,700 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Crown by 5.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,729,113 shares of the industrial products company's stock valued at $167,013,000 after buying an additional 93,668 shares during the period. Finally, Nordea Investment Management AB raised its position in shares of Crown by 2.2% in the 4th quarter. Nordea Investment Management AB now owns 1,666,360 shares of the industrial products company's stock valued at $171,668,000 after buying an additional 36,540 shares in the last quarter. Institutional investors and hedge funds own 90.93% of the company's stock.

Insider Activity at Crown

In other Crown news, COO Djalma Novaes, Jr. sold 29,734 shares of the stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $114.80, for a total transaction of $3,413,463.20. Following the transaction, the chief operating officer directly owned 88,052 shares in the company, valued at approximately $10,108,369.60. This represents a 25.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Timothy J. Donahue sold 7,500 shares of the firm's stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $106.85, for a total transaction of $801,375.00. Following the sale, the chief executive officer directly owned 451,070 shares of the company's stock, valued at approximately $48,196,829.50. This trade represents a 1.64% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 52,234 shares of company stock worth $5,832,363. Insiders own 0.90% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on CCK shares. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Crown in a report on Friday, March 27th. Citigroup boosted their price objective on shares of Crown from $127.00 to $129.00 and gave the company a "buy" rating in a research report on Wednesday, April 29th. Mizuho upped their target price on Crown from $120.00 to $130.00 and gave the stock an "outperform" rating in a research note on Thursday, February 5th. Wolfe Research set a $115.00 target price on Crown in a report on Friday, February 6th. Finally, Bank of America decreased their price target on Crown from $131.00 to $126.00 and set a "buy" rating on the stock in a research note on Monday, April 6th. Eleven analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $120.93.

Crown Trading Down 0.4%

NYSE CCK opened at $98.69 on Wednesday. The business's 50-day moving average price is $105.01 and its two-hundred day moving average price is $103.02. Crown Holdings, Inc. has a 12 month low of $89.21 and a 12 month high of $116.62. The firm has a market capitalization of $11.08 billion, a PE ratio of 15.71, a price-to-earnings-growth ratio of 1.63 and a beta of 0.65. The company has a current ratio of 1.12, a quick ratio of 0.70 and a debt-to-equity ratio of 1.67.

Crown (NYSE:CCK - Get Free Report) last released its quarterly earnings results on Monday, April 27th. The industrial products company reported $1.86 EPS for the quarter, beating analysts' consensus estimates of $1.75 by $0.11. The firm had revenue of $3.26 billion for the quarter, compared to analyst estimates of $3.03 billion. Crown had a return on equity of 26.62% and a net margin of 5.65%.The business's revenue was up 12.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.67 EPS. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q2 2026 guidance at 2.100-2.200 EPS. On average, analysts expect that Crown Holdings, Inc. will post 8.05 EPS for the current year.

Crown Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th will be issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Thursday, May 14th. Crown's payout ratio is presently 22.29%.

Crown Profile

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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