Crown Holdings, Inc. designs, manufactures, and sells packaging products and equipment for consumer goods and industrial products in the Americas, Europe, and the Asia Pacific. It offers products for consumer goods, including steel and aluminum cans for food, beverage, household, and other consumer products; glass bottles for beverage product; and metal vacuum closures and steel crowns through its sales organization to the soft drink, food, citrus, brewing, household products, personal care, and various other industries. The company also provides products for industrial products, such as steel and plastic strap consumables and equipment, paper-based protective packaging, and plastic film consumables and equipment to metals, food and beverage, construction, agricultural, corrugated, and general industries. In addition, it offers aerosol cans and ends; and promotional and specialty packaging containers with various lid and closure variations. Further, the company provides industrial film and other related products; transit protection products, such as airbags, edge protectors, and honeycombs; and equipment and tools, such as manual, semi-automatic, and automatic equipment and tools used in end of line manufacturing applications to apply consumables. Crown Holdings, Inc. was founded in 1892 and is headquartered in Yardley, Pennsylvania.
IPO Year:
Exchange: NYSE
Website: crowncork.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/13/2025 | $109.00 → $105.00 | Equal-Weight → Overweight | Morgan Stanley |
| 4/16/2024 | $85.00 → $90.00 | Neutral → Outperform | Robert W. Baird |
| 3/27/2024 | $100.00 → $88.00 | Buy → Hold | Truist |
| 3/18/2024 | $87.00 | Equal-Weight | Morgan Stanley |
| 3/1/2024 | $102.00 | Outperform | Wolfe Research |
| 2/7/2024 | $85.00 | Neutral → Overweight | JP Morgan |
| 1/16/2024 | $112.00 | Buy | UBS |
| 1/4/2023 | $80.00 | Outperform → Neutral | Robert W. Baird |
| 10/26/2022 | $115.00 → $71.00 | Overweight → Neutral | JP Morgan |
| 9/15/2022 | $105.00 | Neutral | UBS |
TAMPA, Fla., June 16, 2025 /PRNewswire/ -- Crown Holdings, Inc. (NYSE:CCK) announced today that Gary Gavin, currently President of the Company's North American Beverage can business will be promoted to President of the Crown Americas Division, effective July 1, 2025. Mr. Gavin will report to Djalma Novaes, Jr., Executive Vice President and Chief Operating Officer, and will continue to be based in Tampa. In his new role, Mr. Gavin will oversee Crown's beverage can operations in Brazil, Colombia, Mexico, and North America, as well as its North American tinplate businesses, including food and aerosol cans and metal closures. Mr. Gavin joined Crown in January 2023 following a 29-year tenure at
TAMPA, Fla., June 16, 2025 /PRNewswire/ -- Crown Holdings, Inc. (NYSE:CCK) announced today that Djalma Novaes, Jr., currently President of the Company's Americas Division, will be promoted to Executive Vice President and Chief Operating Officer, effective July 1, 2025. In his new role, Mr. Novaes will oversee the Company's Americas and European Divisions. He will also assume responsibility for Global Sourcing and the Company's can manufacturing equipment business, CMB Engineering. On the same date, Gerard Gifford, who has served as Executive Vice President and Chief Operating Officer since 2017 and has been with the Company since 1983, will transition to the role of Executive Vice President
TAMPA, Fla., June 9, 2025 /PRNewswire/ -- Crown Holdings, Inc. (NYSE:CCK) announced today that Carlos Baila, President of the Asia Pacific region, has informed the Company of his intention to step down as of June 30, 2025 for personal reasons and that Dr. John Rost will replace him commencing July 1, 2025. Dr. Rost, currently serving as Senior Vice President – Technology, Sustainability and Regulatory Affairs, has been with the Company since 1997 and has previously held increasingly responsible positions in those areas. During his tenure with the Company, Dr. Rost established a global regulatory team, and was instrumental in forming and leading the current Sustainability team that launched
TAMPA, Fla., May 30, 2025 /PRNewswire/ -- Crown Holdings, Inc. (NYSE:CCK) announced today that the Company will add a new high-speed production line to its beverage can plant in Ponta Grossa, in the state of Parana. The additional capacity will serve the expanding requirements of both alcoholic and non-alcoholic beverage customers in the southern region of Brazil. The Ponta Grossa plant was built in 2011 and currently operates two high-speed production lines with an annual capacity of 2.4 billion cans. Upon completion of the third line, the plant will be able to supply 3.6 billion cans and will become Crown's largest operation in Brazil. Commercial production is expected to commence during
TAMPA, Fla. , May 12, 2025 /PRNewswire/ -- Crown Holdings, Inc. (NYSE:CCK) announced today that it has priced an offering of $700 million aggregate principal amount of 5.875% senior unsecured notes due 2033 issued at par by its subsidiary Crown Americas LLC. The notes will be unconditionally guaranteed by Crown and certain of its subsidiaries. Crown intends to use the net proceeds from the offering, together with cash on hand and borrowings under Crown's senior secured revolving credit facility, to repay the 4.750% senior notes due 2026, and to pay related fees and expenses. The notes would be issued through a private placement and resold by initial purchasers to persons reasonably believed
TAMPA, Fla., May 12, 2025 /PRNewswire/ -- Crown Holdings, Inc. (NYSE:CCK) announced today that it intends to offer $500 million aggregate principal amount of senior unsecured notes due 2033 issued by its subsidiary Crown Americas LLC, subject to market conditions. Crown intends to use the net proceeds from the offering, together with cash on hand and borrowings under Crown's senior secured revolving credit facility, to repay the 4.750% senior notes due 2026, and to pay related fees and expenses. The notes would be issued through a private placement and resold by initial purchasers to persons reasonably believed to be qualified institutional buyers under Rule 144A under the Securities Act of
TAMPA, Fla., May 1, 2025 /PRNewswire/ -- Crown Holdings, Inc. (NYSE:CCK) announced today that its Board of Directors declared a cash dividend of $0.26 per share payable May 29, 2025, to shareholders of record as of May 15, 2025. About Crown Holdings, Inc. Crown Holdings, Inc., through its subsidiaries, is a leading global supplier of rigid packaging products to consumer marketing companies, as well as transit and protective packaging products, equipment and services to a broad range of end markets. World headquarters are located in Tampa, Florida. For more information, visit www.crowncork.com. For more information, contact:Kevin C. Clothier, Senior Vice President and Chief Financial Officer
TAMPA, Fla., April 28, 2025 /PRNewswire/ -- Crown Holdings, Inc. (NYSE:CCK) today announced its financial results for the first quarter ended March 31, 2025. Highlights First Quarter Diluted earnings per share of $1.65 versus $0.56 in 2024Adjusted diluted earnings per share increased 64% to $1.67Segment income improved $90 million, or 29% to $398 millionReturned $233 million to shareholders including $203 million of share repurchases2025 Outlook Expect second quarter adjusted diluted earnings per share of $1.80 to $1.90Increasing full-year guidance range for adjusted diluted earnings per share of $6.70 to $7.10 with adjusted free cash flow of approximately $800 millionReaffirming long-term
TAMPA, Fla., April 2, 2025 /PRNewswire/ -- Crown Holdings, Inc. (NYSE:CCK) will release its earnings for the first quarter ended March 31, 2025, after the close of trading on the New York Stock Exchange on Monday, April 28, 2025. The Company will hold a conference call to discuss these results at 9:00 a.m. (EDT) on Tuesday, April 29, 2025. The dial-in numbers for the conference call are (630) 395-0194 or toll-free (888) 324-8108 and the access password is "packaging". A replay of the conference call will be available for a one-week period ending at midnight on May 6, 2025. The telephone numbers for the replay are (203) 369-3270 or toll free (800) 395-6236. A live webcast of the call will
Revamped "Drink Your Meditation" Cans Meet Consumer Demand for Healthy and Sustainable Beverage Options TAMPA, Fla., March 31, 2025 /PRNewswire/ -- "Botanical soda" brand Moment (www.drinkmoment.com) has partnered with Crown Holdings, Inc. (NYSE:CCK) (Crown) (www.crowncork.com) to expand its sustainability efforts by upgrading the aluminum packaging of its botanical and adaptogen-based drinks sold across the U.S. By replacing shrink-wrapped aluminum cans with directly printed cans—which feature unparalleled sustainability credentials—the company will vastly improve package circularity as well as its environmental impact. To complete this transition, Moment chose Crown for its comprehensive p