Korea Investment CORP Has $16.41 Million Holdings in Crown Holdings, Inc. $CCK

Key Points

• Korea Investment CORP increased its stake in Crown Holdings (NYSE:CCK) by 25.4% to 169,866 shares, worth about $16.41 million after purchasing an additional 34,414 shares in the quarter.
• Company insiders sold a total of 101,988 shares in the last quarter — including COO Djalma Novaes Jr.'s 29,734‑share sale and CEO Timothy Donahue's 7,500‑share sale — leaving insiders with roughly 0.90% ownership.
• Crown beat quarterly expectations (EPS $1.74 vs. $1.69 estimate; revenue $3.13B), set FY2026 EPS guidance at 7.90–8.30, and raised its quarterly dividend to $0.35 (annualized $1.40, ~1.3% yield).

Korea Investment CORP boosted its stake in Crown Holdings, Inc. (NYSE:CCK - Free Report) by 25.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 169,866 shares of the industrial products company's stock after purchasing an additional 34,414 shares during the quarter. Korea Investment CORP owned about 0.15% of Crown worth $16,407,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in CCK. State Street Corp grew its position in shares of Crown by 1.6% during the 2nd quarter. State Street Corp now owns 4,421,691 shares of the industrial products company's stock worth $455,346,000 after buying an additional 71,355 shares during the period. Invesco Ltd. raised its position in shares of Crown by 58.6% in the 2nd quarter. Invesco Ltd. now owns 2,727,276 shares of the industrial products company's stock valued at $280,855,000 after acquiring an additional 1,007,980 shares during the period. AQR Capital Management LLC raised its position in shares of Crown by 43.3% in the 2nd quarter. AQR Capital Management LLC now owns 2,533,612 shares of the industrial products company's stock valued at $260,835,000 after acquiring an additional 765,136 shares during the period. Swedbank AB boosted its stake in Crown by 60.8% during the 3rd quarter. Swedbank AB now owns 2,493,570 shares of the industrial products company's stock worth $240,854,000 after acquiring an additional 943,045 shares during the last quarter. Finally, Norges Bank acquired a new position in Crown during the second quarter valued at approximately $184,046,000. Institutional investors and hedge funds own 90.93% of the company's stock.

Insider Buying and Selling

In other 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 value of $3,413,463.20. Following the completion of the sale, the chief operating officer owned 88,052 shares of the company's stock, 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 SEC, which can be accessed through the SEC website. Also, CEO Timothy J. Donahue sold 7,500 shares of the firm's stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $110.67, for a total transaction of $830,025.00. Following the completion of the transaction, the chief executive officer directly owned 474,736 shares of the company's stock, valued at $52,539,033.12. This represents a 1.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 101,988 shares of company stock worth $10,964,122. Company insiders own 0.90% of the company's stock.

Analyst Ratings Changes

Several brokerages have commented on CCK. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Crown in a research note on Monday, December 29th. Morgan Stanley reissued an "overweight" rating on shares of Crown in a research report on Friday, February 6th. UBS Group set a $126.00 price objective on shares of Crown and gave the company a "neutral" rating in a research report on Monday, February 9th. JPMorgan Chase & Co. downgraded Crown from an "overweight" rating to a "neutral" rating and raised their price objective for the stock from $112.00 to $155.00 in a research note on Friday, February 6th. Finally, Mizuho lifted their target price on Crown from $120.00 to $130.00 and gave the stock an "outperform" rating in a report on Thursday, February 5th. Eleven equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $125.86.

Crown Trading Up 0.1%

Crown stock opened at $105.19 on Wednesday. The company has a market cap of $11.91 billion, a price-to-earnings ratio of 16.51, a P/E/G ratio of 1.23 and a beta of 0.70. The firm has a 50-day moving average of $108.15 and a 200-day moving average of $101.00. The company has a debt-to-equity ratio of 1.55, a current ratio of 1.03 and a quick ratio of 0.66. Crown Holdings, Inc. has a one year low of $75.98 and a one year high of $116.62.

Crown (NYSE:CCK - Get Free Report) last released its earnings results on Wednesday, February 4th. The industrial products company reported $1.74 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.69 by $0.05. Crown had a return on equity of 26.68% and a net margin of 5.97%.The business had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $2.99 billion. During the same quarter in the previous year, the business earned $1.59 earnings per share. Crown's quarterly revenue was up 7.7% on a year-over-year basis. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q1 2026 guidance at 1.700-1.800 EPS. On average, equities analysts expect that Crown Holdings, Inc. will post 6.96 earnings per share for the current fiscal year.

Crown Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be given a dividend of $0.35 per share. This is a positive change from Crown's previous quarterly dividend of $0.26. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a $1.40 annualized dividend and a dividend yield of 1.3%. Crown's payout ratio is presently 21.98%.

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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