Executive Vice President and COO of Crown Holdings, Inc. (NYSE:CCK) sold 7,000 shares at approximately $96.995 each but still retains a significant stake in the company.
Q1 2025 financial performance exceeded expectations with an adjusted EPS of $1.67, driven by increased beverage can shipments and manufacturing efficiencies.
The company’s net sales reached $2.89 billion and it has raised its full-year earnings outlook for 2025, reflecting confidence in continued strong performance.
Crown Holdings, Inc. (NYSE:CCK) is a leading player in the packaging industry, specializing in the production of metal packaging for food, beverage, household, and industrial products. The company operates globally, with a strong presence in the Americas and Europe. Crown Holdings competes with other major packaging companies like Ball Corporation and Ardagh Group.
On May 2, 2025, Gifford Gerard H, the Executive Vice President and Chief Operating Officer of Crown Holdings, sold 7,000 shares of the company’s common stock at approximately $96.995 each. Despite this sale, he still holds 135,014 shares, indicating a significant personal investment in the company. This transaction comes on the heels of Crown Holdings’ impressive financial performance in the first quarter of 2025.
Crown Holdings reported adjusted earnings per share (EPS) of $1.67 for Q1 2025, surpassing the Zacks Consensus Estimate of $1.22 by 37%. This strong performance was driven by increased beverage can shipments and improved manufacturing efficiencies. The company’s earnings from continuing operations were $1.65 per share, a significant increase from 56 cents in the same quarter last year.
The company’s net sales for the quarter reached $2.89 billion, slightly exceeding the Zacks Consensus Estimate of $2.87 billion. This growth was primarily due to higher beverage can volumes. As a result of these positive outcomes, Crown Holdings has raised its full-year earnings per share outlook for 2025, signaling confidence in its future performance.
Crown Holdings’ financial metrics provide further insight into its market position. The company has a price-to-earnings (P/E) ratio of approximately 20.6, indicating investor confidence in its earnings potential. However, with a debt-to-equity ratio of about 2.39, the company carries a higher level of debt compared to equity, which may pose financial risks. Despite this, the company’s earnings yield of approximately 4.85% suggests a solid return on investment for shareholders.
