Vulcan Value Partners LLC Has $41.23 Million Stake in Crown Holdings, Inc. $CCK

Key Points

• Vulcan Value Partners cut its Crown Holdings stake by 6.9% in the fourth quarter, selling 29,581 shares and leaving it with 400,303 shares valued at about $41.23 million.
• Crown reported stronger-than-expected quarterly results, posting $1.86 EPS and $3.26 billion in revenue, both above consensus estimates, with revenue up 12.9% year over year.
• Despite some mixed analyst moves, Wall Street still leans positive on the stock: Crown has an average rating of “Moderate Buy” with an average price target of $120, and it also declared a quarterly dividend of $0.35 per share.

Vulcan Value Partners LLC decreased its stake in Crown Holdings, Inc. (NYSE:CCK - Free Report) by 6.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 400,303 shares of the industrial products company's stock after selling 29,581 shares during the quarter. Crown makes up about 0.8% of Vulcan Value Partners LLC's investment portfolio, making the stock its 24th largest position. Vulcan Value Partners LLC owned 0.35% of Crown worth $41,232,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also bought and sold shares of CCK. Royal Bank of Canada boosted its stake in Crown by 24.1% in the 1st quarter. Royal Bank of Canada now owns 48,920 shares of the industrial products company's stock valued at $4,367,000 after buying an additional 9,497 shares in the last quarter. Integrated Wealth Concepts LLC boosted its stake in Crown by 39.4% in the first quarter. Integrated Wealth Concepts LLC now owns 4,109 shares of the industrial products company's stock worth $367,000 after purchasing an additional 1,161 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Crown in the first quarter worth $111,000. NewEdge Advisors LLC boosted its stake in Crown by 6.3% in the first quarter. NewEdge Advisors LLC now owns 5,917 shares of the industrial products company's stock worth $528,000 after purchasing an additional 351 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in Crown by 23.7% in the first quarter. Goldman Sachs Group Inc. now owns 666,262 shares of the industrial products company's stock worth $59,471,000 after purchasing an additional 127,737 shares in the last quarter. Institutional investors and hedge funds own 90.93% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on CCK shares. Royal Bank Of Canada reduced their price objective on Crown from $140.00 to $129.00 and set an "outperform" rating on the stock in a research note on Friday, April 17th. Wells Fargo & Company cut their price target on Crown from $111.00 to $109.00 and set an "equal weight" rating on the stock in a research note on Tuesday, April 14th. JPMorgan Chase & Co. raised Crown from a "neutral" rating to an "overweight" rating and set a $107.00 price target on the stock in a research note on Monday, May 18th. Jefferies Financial Group reaffirmed a "buy" rating on shares of Crown in a research note on Monday, February 23rd. Finally, Truist Financial cut their price target on Crown from $135.00 to $129.00 and set a "buy" rating on the stock in a research note on Wednesday, April 15th. Twelve analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Crown presently has an average rating of "Moderate Buy" and an average target price of $120.00.

Crown Trading Up 0.1%

Shares of CCK opened at $98.14 on Thursday. 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 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 $10.97 billion, a PE ratio of 15.63, a price-to-earnings-growth ratio of 1.62 and a beta of 0.65. The stock's fifty day simple moving average is $101.33 and its 200-day simple moving average is $103.19.

Crown (NYSE:CCK - Get Free Report) last released its quarterly earnings data 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 business had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $3.03 billion. Crown had a return on equity of 26.62% and a net margin of 5.65%.The firm's revenue was up 12.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.67 earnings per share. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q2 2026 guidance at 2.100-2.200 EPS. As a group, research analysts predict that Crown Holdings, Inc. will post 8.05 earnings per share for the current year.

Crown Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 28th. Investors 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 dividend payout ratio is currently 22.29%.

Insider Buying and Selling

In related news, CEO Timothy J. Donahue sold 7,500 shares of the company's stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $106.85, for a total value of $801,375.00. Following the completion of the sale, the chief executive officer owned 451,070 shares in the company, valued at approximately $48,196,829.50. This represents a 1.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.90% of the company's stock.

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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