Crown Holdings Inc

Crown Holdings declared a cash dividend of $0.35 per share, payable on August 20, 2026, to shareholders of record on August 6. The stock last closed at $117.88, with a most-followed fair value estimate of $128, implying the shares are 7.9% undervalued. The company has posted a 6.56% one-month share price return and a 17.68% three-month return, supported by earnings, buybacks, and the newly affirmed dividend. Ongoing capacity expansion and plant modernization in Europe and Brazil are expected to capture market share and support future sales growth, though weaker demand in Asia and Europe and higher aluminum costs remain risks.

Several companies made notable premarket moves following their latest earnings reports. Novartis shares jumped 4% after the Swiss pharmaceutical company posted second-quarter core earnings of $2.41 per share on revenue of $14.41 billion, both exceeding StreetAccount consensus estimates. General Motors gained more than 1% after reporting adjusted earnings of $3.57 per share on revenue of $48.03 billion, topping LSEG forecasts. 3M surged more than 5% as the conglomerate beat second-quarter expectations and raised its full-year guidance. Domino's Pizza slipped 1% after earnings of $4.07 per share missed the LSEG consensus of $4.17 per share, though revenue of $1.19 billion slightly beat estimates. Nebius Group rallied 6% after Nvidia disclosed a 9.3% stake in the AI cloud company. Taiwan Semiconductor Manufacturing rose more than 3% on a Nikkei Asia report that it will raise chipmaking service prices by up to 10% next year. Crown Holdings climbed more than 2% after beating top- and bottom-line estimates with earnings of $2.49 per share on revenue of $3.67 billion. Steel Dynamics dipped 1% despite an earnings beat, as it recorded an additional non-cash impairment charge of $16 million. Cracker Barrel Old Country Store added more than 1% after saying it expects to achieve or exceed the high end of its fiscal 2026 revenue range and exceed its adjusted EBITDA outlook.

Stock futures edged higher Tuesday morning as investors navigated Middle East tensions and AI spending concerns. Nebius shares rose 6% after disclosing that Nvidia beneficially owns a 9.3% stake, including a previously announced $2 billion investment and 21.1 million shares underlying a purchase warrant. Taiwan Semiconductor Manufacturing gained 4% on a report that it plans to raise wafer prices by up to 10% in 2027, with advanced chip orders potentially facing an additional 10% to 15% premium. Crown Holdings added 4% after beating second-quarter earnings and revenue estimates and raising its full-year earnings outlook, with adjusted EPS of $2.49 and revenue of $3.67 billion. Magnolia Oil & Gas slid 6% after pricing a public offering of 46.3 million Class A shares at $23.75 per share to raise about $1.1 billion, part of the funding for its acquisition of WildFire Intermediate Holdings. Zions Bancorporation fell 4% as second-quarter net interest income of $677 million and net interest margin of 3.27% missed expectations, overshadowing an adjusted EPS beat of $1.74.

Crown Holdings has published its 2025 Sustainability Report, marking the midpoint of its Twentyby30 program and highlighting a 20% reduction in water withdrawal across its operations while increasing production levels. The report details progress on environmental, social and governance priorities, including the validation of near-term targets and a net-zero pathway by the Science Based Targets initiative. Crown also introduced refined goals to accelerate progress toward 2030 and reported its first Nature-Related Financial Disclosures. The report was prepared in accordance with the Global Reporting Initiative Core Standard and adheres to the Ten Principles of the United Nations Global Compact.