Pictet Asset Management Holding SA Has $1.81 Million Stake in Crown Holdings, Inc. $CCK

Key Points

• Pictet Asset Management cut its stake in Crown by 73.5% in Q4, selling 48,711 shares and now holding 17,530 shares valued at about $1.805 million.
• Crown beat quarterly estimates with $1.86 EPS (vs. $1.75 est.) and $3.26B revenue (vs. $3.03B est.), and issued FY2026 guidance of 7.90–8.30 EPS and Q2 guidance of 2.10–2.20 EPS
• Insiders have sold a total of 52,234 shares worth $5.83M in the past 90 days (including CEO and COO sales), with insiders owning 0.90% of the stock while institutional investors own 90.93%.

Pictet Asset Management Holding SA decreased its holdings in shares of Crown Holdings, Inc. (NYSE:CCK - Free Report) by 73.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,530 shares of the industrial products company's stock after selling 48,711 shares during the quarter. Pictet Asset Management Holding SA's holdings in Crown were worth $1,805,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Verdence Capital Advisors LLC boosted its holdings in Crown by 2.0% during the fourth quarter. Verdence Capital Advisors LLC now owns 6,388 shares of the industrial products company's stock worth $658,000 after purchasing an additional 126 shares during the last quarter. Carmel Capital Partners LLC boosted its holdings in Crown by 58.6% during the fourth quarter. Carmel Capital Partners LLC now owns 19,982 shares of the industrial products company's stock worth $2,058,000 after purchasing an additional 7,383 shares during the last quarter. UBS Group AG boosted its holdings in Crown by 27.1% during the fourth quarter. UBS Group AG now owns 1,394,356 shares of the industrial products company's stock worth $143,577,000 after purchasing an additional 297,208 shares during the last quarter. Abacus FCF Advisors LLC boosted its holdings in shares of Crown by 2.4% in the 4th quarter. Abacus FCF Advisors LLC now owns 87,629 shares of the industrial products company's stock valued at $9,023,000 after buying an additional 2,030 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky boosted its holdings in shares of Crown by 445.6% in the 4th quarter. Teachers Retirement System of The State of Kentucky now owns 197,135 shares of the industrial products company's stock valued at $20,299,000 after buying an additional 161,000 shares during the last quarter. Institutional investors and hedge funds own 90.93% of the company's stock.

Insider Buying and Selling at Crown

In other Crown news, CEO Timothy J. Donahue sold 7,500 shares of the firm's stock in a transaction 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 completion of the sale, the chief executive officer owned 451,070 shares of the company's stock, valued at $48,196,829.50. This trade represents a 1.64% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through 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 firm's stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $114.80, for a total value of $3,413,463.20. Following the sale, the chief operating officer directly owned 88,052 shares of the company's stock, valued at $10,108,369.60. This represents a 25.24% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 52,234 shares of company stock valued at $5,832,363 in the last ninety days. Insiders own 0.90% of the company's stock.

Analyst Upgrades and Downgrades

CCK has been the subject of several recent analyst reports. Citigroup increased their price objective on Crown from $127.00 to $129.00 and gave the company a "buy" rating in a report on Wednesday, April 29th. Bank of America cut their price objective on Crown from $131.00 to $126.00 and set a "buy" rating for the company in a report on Monday, April 6th. Royal Bank Of Canada cut their price objective on Crown from $140.00 to $129.00 and set an "outperform" rating for the company in a report on Friday, April 17th. Wall Street Zen downgraded Crown from a "buy" rating to a "hold" rating in a report on Saturday, April 18th. Finally, Truist Financial cut their price objective on Crown from $135.00 to $129.00 and set a "buy" rating for the company in a report on Wednesday, April 15th. Eleven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Crown has an average rating of "Moderate Buy" and an average target price of $120.93.

Crown Trading Down 1.0%

NYSE CCK opened at $99.16 on Tuesday. The stock has a 50 day moving average of $105.34 and a 200-day moving average of $102.96. Crown Holdings, Inc. has a 12 month low of $89.21 and a 12 month high of $116.62. The company has a market cap of $11.13 billion, a PE ratio of 15.79, a PEG ratio of 1.65 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 announced its quarterly earnings results on Monday, April 27th. The industrial products company reported $1.86 earnings per share (EPS) for the quarter, beating 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 business had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $3.03 billion. During the same quarter last year, the firm posted $1.67 EPS. The company's quarterly revenue was up 12.9% on a year-over-year basis. 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, equities research analysts anticipate that Crown Holdings, Inc. will post 8.05 EPS for the current fiscal year.

Crown Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th will be issued a dividend of $0.35 per share. 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 (DPR) is currently 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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