Crown HoldingsCCK
Market Cap: $11B
About: Crown Holdings is one of the world's largest producers of metal packaging. The company manufactures beverage cans, metal food cans, and closures as well as aerosol cans. With the purchase of Signode, the company also has a presence in a wide variety of protective transport packaging. Although it's headquartered in the United States, the vast majority of Crown's sales come from its operations in Europe, South America, and Southeast Asia.
Employees: 25,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
40% more funds holding in top 10
Funds holding in top 10: 5 [Q1] → 7 (+2) [Q2]
12.58% more ownership
Funds ownership: 77.52% [Q1] → 90.11% (+12.58%) [Q2]
1% more repeat investments, than reductions
Existing positions increased: 174 | Existing positions reduced: 172
6% less call options, than puts
Call options by funds: $73.5M | Put options by funds: $78.4M
4% less funds holding
Funds holding: 484 [Q1] → 464 (-20) [Q2]
5% less capital invested
Capital invested by funds: $8.55B [Q1] → $8.09B (-$458M) [Q2]
29% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 69
Research analyst outlook
12 Wall Street Analysts provided 1 year price targets over the past 3 months
12 analyst ratings
Morgan Stanley Pamela Kaufman 40% 1-year accuracy 4 / 10 met price target | 15%upside $105 | Equal-Weight Maintained | 4 Sept 2024 |
RBC Capital Arun Viswanathan 57% 1-year accuracy 35 / 61 met price target | 15%upside $105 | Outperform Maintained | 26 Jul 2024 |
Citigroup Anthony Pettinari 62% 1-year accuracy 34 / 55 met price target | 9%upside $100 | Buy Maintained | 25 Jul 2024 |
Morgan Stanley Pamela Kaufman 40% 1-year accuracy 4 / 10 met price target | 1%upside $92 | Equal-Weight Maintained | 24 Jul 2024 |
Barclays Michael Leithead 70% 1-year accuracy 14 / 20 met price target | 9%upside $100 | Overweight Maintained | 24 Jul 2024 |
Financial journalist opinion
Based on 7 articles about CCK published over the past 30 days