Gateway Investment Advisers LLC Purchases 16,756 Shares of Crown Holdings, Inc. $CCK

Key Points

• Gateway Investment Advisers LLC increased its stake by 45.4%, purchasing 16,756 shares to hold 53,682 shares of Crown (worth about $5.53 million), and institutional investors now own roughly 90.93% of the stock.
• Company insiders have sold a total of 52,234 shares (≈$5.83 million) in the past three months, including transactions by CEO Timothy Donahue and COO Djalma Novaes Jr., leaving insiders with about 0.90% ownership.
• Crown beat Q1 expectations with $1.86 EPS and $3.26 billion revenue and set FY2026 guidance of $7.90–$8.30 EPS; analysts have trimmed price targets but the consensus remains a Moderate Buy with a $120.93 target.

Gateway Investment Advisers LLC boosted its position in shares of Crown Holdings, Inc. (NYSE:CCK - Free Report) by 45.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 53,682 shares of the industrial products company's stock after buying an additional 16,756 shares during the period. Gateway Investment Advisers LLC's holdings in Crown were worth $5,528,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Smartleaf Asset Management LLC raised its position in Crown by 105.0% during the third quarter. Smartleaf Asset Management LLC now owns 289 shares of the industrial products company's stock valued at $28,000 after purchasing an additional 148 shares during the period. Caitong International Asset Management Co. Ltd purchased a new stake in Crown during the third quarter valued at approximately $29,000. ORG Partners LLC raised its position in Crown by 52.5% during the fourth quarter. ORG Partners LLC now owns 305 shares of the industrial products company's stock valued at $31,000 after purchasing an additional 105 shares during the period. Geneos Wealth Management Inc. raised its position in Crown by 45.3% during the first quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company's stock valued at $32,000 after purchasing an additional 111 shares during the period. Finally, Quent Capital LLC purchased a new stake in Crown during the third quarter valued at approximately $34,000. 90.93% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Crown

In other Crown news, CEO Timothy J. Donahue sold 7,500 shares of the firm's stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $106.85, for a total transaction of $801,375.00. Following the transaction, the chief executive officer 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Djalma Novaes, Jr. sold 29,734 shares of the company's 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 completion of the sale, the chief operating officer directly owned 88,052 shares of the company's stock, valued at $10,108,369.60. The trade was a 25.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 52,234 shares of company stock worth $5,832,363 in the last three months. Insiders own 0.90% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on CCK. Bank of America reduced their price target on Crown from $131.00 to $126.00 and set a "buy" rating on the stock in a report on Monday, April 6th. Truist Financial reduced their price target on Crown from $135.00 to $129.00 and set a "buy" rating on the stock in a report on Wednesday, April 15th. JPMorgan Chase & Co. reduced their price target on Crown from $115.00 to $107.00 and set a "neutral" rating on the stock in a report on Wednesday, April 29th. Royal Bank Of Canada reduced their price target on Crown from $140.00 to $129.00 and set an "outperform" rating on the stock in a report on Friday, April 17th. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Crown in a report on Friday, March 27th. Eleven equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Crown presently has a consensus rating of "Moderate Buy" and a consensus target price of $120.93.

Crown Stock Down 0.1%

Shares of NYSE:CCK opened at $101.02 on Friday. Crown Holdings, Inc. has a 52-week low of $89.21 and a 52-week high of $116.62. The stock has a market cap of $11.29 billion, a P/E ratio of 16.09, a price-to-earnings-growth ratio of 1.67 and a beta of 0.65. The business's 50 day moving average is $104.44 and its 200 day moving average is $103.13. The company has a quick ratio of 0.70, a current ratio of 1.12 and a debt-to-equity ratio of 1.67.

Crown (NYSE:CCK - Get Free Report) last announced its quarterly earnings data on Monday, April 27th. The industrial products company reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.75 by $0.11. Crown had a return on equity of 26.62% and a net margin of 5.65%.The company had revenue of $3.26 billion for the quarter, compared to analysts' expectations of $3.03 billion. During the same quarter in the prior year, the firm earned $1.67 earnings per share. Crown's revenue was up 12.9% compared to the same quarter last year. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q2 2026 guidance at 2.100-2.200 EPS. Sell-side analysts predict that Crown Holdings, Inc. will post 8.05 EPS for the current year.

Crown Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 28th. Investors of record on Thursday, May 14th will be paid a $0.35 dividend. The ex-dividend date of this dividend is Thursday, May 14th. This represents a $1.40 annualized dividend and a yield of 1.4%. Crown's dividend payout ratio is 22.29%.

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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