UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $47.35 Million Stock Holdings in Crown Holdings, Inc. $CCK

Key Points

• UBS AM reduced its Crown Holdings position by 2.7% in the second quarter, selling 11,613 shares and retaining 423,416 shares valued at approximately $47.35 million.
• Institutional investors and hedge funds own 90.93% of Crown’s outstanding stock, with several major firms—including AQR Capital Management and Invesco—boosting their stakes.
• Crown reported quarterly earnings of $2.49 per share, exceeding estimates by $0.33, while analysts maintain a “Moderate Buy” consensus rating with an average price target of $128.20; the company also pays a $0.35 quarterly dividend.

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its position in Crown Holdings, Inc. (NYSE:CCK - Free Report) by 2.7% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 423,416 shares of the industrial products company's stock after selling 11,613 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.39% of Crown worth $47,346,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of CCK. Norges Bank acquired a new position in shares of Crown during the fourth quarter worth approximately $158,288,000. Fuller & Thaler Asset Management Inc. bought a new position in shares of Crown during the 4th quarter worth about $127,230,000. Bank of New York Mellon Corp bought a new position in Crown during the second quarter worth about $112,578,000. AQR Capital Management LLC lifted its position in shares of Crown by 36.9% during the 3rd 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 during the period. Finally, Invesco Ltd. boosted its stake in shares of Crown by 33.6% in the 4th quarter. Invesco Ltd. now owns 3,526,983 shares of the industrial products company's stock valued at $363,173,000 after purchasing an additional 886,471 shares in the last quarter. 90.93% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Royal Bank Of Canada upped their price target on shares of Crown from $131.00 to $135.00 and gave the stock an "outperform" rating in a research report on Friday, July 24th. Robert W. Baird raised their price target on Crown from $120.00 to $130.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 22nd. UBS Group boosted their price objective on shares of Crown from $115.00 to $123.00 and gave the company a "neutral" rating in a report on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Crown in a research note on Wednesday, July 22nd. Finally, Bank of America increased their price objective on shares of Crown from $129.00 to $145.00 and gave the stock a "buy" rating in a research report on Tuesday, July 14th. Eleven analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, Crown presently has a consensus rating of "Moderate Buy" and an average target price of $128.20.

Crown Stock Up 0.3%

Shares of CCK opened at $116.98 on Thursday. The firm has a market cap of $12.72 billion, a P/E ratio of 16.83, a price-to-earnings-growth ratio of 1.63 and a beta of 0.58. 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 Holdings, Inc. has a 52 week low of $89.21 and a 52 week high of $122.91. The firm's 50-day simple moving average is $116.31 and its 200 day simple moving average is $107.65.

Crown (NYSE:CCK - Get Free Report) last released its quarterly earnings results on Monday, July 20th. The industrial products company reported $2.49 earnings per share for the quarter, topping the consensus estimate of $2.16 by $0.33. The business had revenue of $3.67 billion during the quarter, compared to analysts' expectations of $3.37 billion. Crown had a return on equity of 27.33% and a net margin of 5.91%.The firm's revenue for the quarter was up 16.5% compared to the same quarter last year. During the same period last year, the firm posted $2.15 EPS. 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, analysts forecast that Crown Holdings, Inc. will post 8.39 earnings per share for the current year.

Crown Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Thursday, August 6th were issued a $0.35 dividend. The ex-dividend date of this dividend was Thursday, August 6th. This represents a $1.40 annualized dividend and a yield of 1.2%. Crown's payout ratio is currently 20.14%.

Insider Buying and Selling

In related news, CEO Timothy J. Donahue sold 15,000 shares of the company's stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $105.00, for a total transaction of $1,575,000.00. Following the completion of the sale, the chief executive officer owned 436,070 shares of the company's stock, valued at $45,787,350. This represents a 3.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.90% of the stock is currently owned by company insiders.

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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