Crown Holdings (CCK)

• Market cap: $10.3B
• 1 day: 0.41%
• 5 days: 7.88%
• 1 month: 0.22%
• 3 months: -8.82%
• 6 months: 9.64%
• Year to date: 5.36%
• 1 year: -4.47%
• 5 years: 16.50%
• 10 years: 83.37%
• Sector: Consumer Discretionary
• Industry: Metal Cans

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 Q3 regulatory filings by fund managers ($100M+ AUM)

72% more first-time investments, than exits

New positions opened: 81 | Existing positions closed: 47

28% more capital invested

Capital invested by funds: $8.23B [Q2] → $10.6B (+$2.32B) [Q3]

6% more funds holding

Funds holding: 468 [Q2] → 497 (+29) [Q3]

7% more repeat investments, than reductions

Existing positions increased: 179 | Existing positions reduced: 168

0.34% less ownership

Funds ownership: 91.66% [Q2] → 91.33% (-0.34%) [Q3]

29% less funds holding in top 10

Funds holding in top 10: 7 [Q2] → 5 (-2) [Q3]

50% less call options, than puts

Call options by funds: $104M | Put options by funds: $209M

Research analyst outlook

11 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $86 1% upside
• Avg. target: $107 25% upside
• High target: $129 51% upside

11 analyst ratings

• positive: 9 82%
• neutral: 2 18%
• negative: 0 0%

Wells Fargo Gabe Hajde 56% 1-year accuracy 33 / 59 met price target	1% upside $86	Equal-Weight Maintained	16 Jan 2025
Morgan Stanley Pamela Kaufman 83% 1-year accuracy 5 / 6 met price target	23% upside $105	Overweight Upgraded	13 Jan 2025
UBS Curt Woodworth 80% 1-year accuracy 8 / 10 met price target	26% upside $108	Buy Maintained	10 Jan 2025
Mizuho John Roberts 53% 1-year accuracy 20 / 38 met price target	17% upside $100	Outperform Maintained	7 Jan 2025
Citigroup Anthony Pettinari 44% 1-year accuracy 22 / 50 met price target	30% upside $111	Buy Maintained	6 Jan 2025