Date | Price Target | Rating | Analyst |
---|---|---|---|
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 |
TAMPA, Fla., Aug. 30, 2024 /PRNewswire/ -- Crown Holdings, Inc. (NYSE:CCK) (Crown) announced that it has entered into an agreement to purchase a group annuity contract from Massachusetts Mutual Life Insurance Company (MassMutual) to fully guarantee benefits covered under the contract for nearly all of the retirees and deferred vested participants in its primary US defined benefit plans. The transaction provides a policy which covers the benefits for approximately 12,000 participants. "We are carefully moving portions of our pension obligations to MassMutual, a highly rated and experienced insurance and retirement benefits provider," said Kevin Clothier, Senior Vice President and Chief Fin
TAMPA, Fla., July 30, 2024 /PRNewswire/ -- Crown Holdings, Inc. (NYSE:CCK) announced today that it has priced an offering of €600 million aggregate principal amount of 4.500% senior unsecured notes due 2030 issued at par by its subsidiary Crown European Holdings S.A. 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, to pay at maturity Crown's outstanding 2.625% senior notes due in September 2024 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 instit
Report details Company's collective effort to achieve goals outlined in its Twentyby30™ program TAMPA, Fla., July 29, 2024 /PRNewswire/ -- Crown Holdings, Inc. (NYSE:CCK) (Crown) (www.crowncork.com) has released its 2023 Sustainability Report detailing the Company's global sustainability activities, including being on track to meet its Scope 3 emissions reduction goal ahead of its 2030 deadline. The goal falls under the Climate Action pillar of Crown's Twentyby30™ sustainability program. Established in 2020, the comprehensive Twentyby30™ program includes 20 measurable sustainability goals to be completed by or before the end of 2030, set against a 2019 baseline. This year's report, titled
Robert W. Baird upgraded Crown from Neutral to Outperform and set a new price target of $90.00 from $85.00 previously
Truist downgraded Crown from Buy to Hold and set a new price target of $88.00 from $100.00 previously
Morgan Stanley initiated coverage of Crown with a rating of Equal-Weight and set a new price target of $87.00
Enters Into Cooperation Agreement with Icahn Enterprises Icahn to Support All Crown Nominees for Election at 2023 Annual Meeting YARDLEY, Pa., Dec. 13, 2022 /PRNewswire/ -- Crown Holdings, Inc. (NYSE:CCK) ("Crown" or the "Company") today announced that it has entered into an agreement with Icahn Enterprises L.P., whereby Jesse Lynn and Andrew Teno, General Counsel of Icahn Enterprises and Portfolio Manager of Icahn Capital, respectively, will join the Company's Board of Directors, effective immediately. Mr. Lynn and Mr. Teno will also stand for election at the Company's upcoming 2023 Annual Meeting of Shareholders ("2023 AGM"), and Crown has agreed to include Mr. Teno and Mr. Lynn on its rec
YARDLEY, Pa., Oct. 29, 2021 /PRNewswire/ -- Crown Holdings, Inc. (NYSE:CCK) today announced that Ms. Christy L. Kalaus, the Company's Assistant Corporate Controller, was promoted to Vice President and Corporate Controller, effective January 1, 2022, in accordance with the Company's management succession plan. Mr. David A. Beaver, the Company's current Corporate Controller, will serve as the Company's new Vice President & Treasurer, effective January 1, 2022. "I would like to congratulate both Christy and Dave on their well-deserved promotions," said Mr. Timothy J. Donahue, the Company's Chief Executive Officer. "I believe their considerable finance and accounting expertise and deep unders
YARDLEY, Pa., Oct. 29, 2021 /PRNewswire/ -- Crown Holdings, Inc. (NYSE:CCK) today announced that Mr. Thomas A. Kelly, the Company's Senior Vice President and Chief Financial Officer (CFO), intends to retire in early 2022. Mr. Kevin C. Clothier, the Company's Vice President & Treasurer, will assume the role of Senior Vice President and Chief Financial Officer, effective January 1, 2022, and will be working closely with Mr. Kelly during the interim period to ensure a smooth transition. "Tom has been with the Company since 1992 and has served as the CFO since 2013. On behalf of all of Crown, I would like to express my deep gratitude to Tom for his dedication and his outstanding contributions
Morgan Stanley analyst Pamela Kaufman maintains Crown Holdings (NYSE:CCK) with a Equal-Weight and raises the price target from $89 to $92.
Barclays analyst Michael Leithead maintains Crown Holdings (NYSE:CCK) with a Overweight and raises the price target from $95 to $100.
B of A Securities analyst George Staphos maintains Crown Holdings (NYSE:CCK) with a Buy and raises the price target from $98 to $102.
4 - CROWN HOLDINGS, INC. (0001219601) (Issuer)
4 - CROWN HOLDINGS, INC. (0001219601) (Issuer)
4 - CROWN HOLDINGS, INC. (0001219601) (Issuer)
SC 13G/A - CROWN HOLDINGS, INC. (0001219601) (Subject)
SC 13G/A - CROWN HOLDINGS, INC. (0001219601) (Subject)
SC 13D/A - CROWN HOLDINGS INC (0001219601) (Subject)
TAMPA, Fla., Aug. 30, 2024 /PRNewswire/ -- Crown Holdings, Inc. (NYSE:CCK) (Crown) announced that it has entered into an agreement to purchase a group annuity contract from Massachusetts Mutual Life Insurance Company (MassMutual) to fully guarantee benefits covered under the contract for nearly all of the retirees and deferred vested participants in its primary US defined benefit plans. The transaction provides a policy which covers the benefits for approximately 12,000 participants. "We are carefully moving portions of our pension obligations to MassMutual, a highly rated and experienced insurance and retirement benefits provider," said Kevin Clothier, Senior Vice President and Chief Fin
TAMPA, Fla., July 25, 2024 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) announced today that its Board of Directors declared a cash dividend of $0.25 per share payable August 29, 2024, to shareholders of record as of August 15, 2024. 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 Financia
TAMPA, Fla., July 22, 2024 /PRNewswire/ -- Crown Holdings, Inc. (NYSE:CCK) today announced its financial results for the second quarter ended June 30, 2024. Net sales in the second quarter were $3,040 million compared to $3,109 million in the second quarter of 2023 reflecting higher global beverage can shipments offset primarily by the pass through of $94 million in lower material costs and unfavorable foreign currency of $13 million. Income from operations was $379 million in the second quarter compared to $367 million in the second quarter of 2023. Segment income in the second quarter of 2024 was $437 million compared to $414 million in the prior year second quarter driven by improved re
144 - CROWN HOLDINGS, INC. (0001219601) (Subject)
8-K - CROWN HOLDINGS, INC. (0001219601) (Filer)
8-K - CROWN HOLDINGS, INC. (0001219601) (Filer)