R Squared Ltd Acquires Shares of 3,111 Crane $CR

R Squared Ltd bought a new position in Crane (NYSE:CR) in the third quarter, HoldingsChannel reports. The firm bought 3,111 shares of the conglomerate’s stock, valued at approximately $573,000.

Other large investors have also recently modified their holdings of the company. First Horizon Corp bought a new stake in Crane in the third quarter worth $26,000. Headlands Technologies LLC bought a new position in Crane during the second quarter valued at $29,000. Assetmark Inc. raised its stake in shares of Crane by 57.9% in the third quarter. Assetmark Inc. now owns 180 shares of the conglomerate’s stock valued at $33,000 after acquiring an additional 66 shares during the period. Parkside Financial Bank & Trust raised its stake in shares of Crane by 63.4% in the second quarter. Parkside Financial Bank & Trust now owns 219 shares of the conglomerate’s stock valued at $42,000 after acquiring an additional 85 shares during the period. Finally, State of Wyoming lifted its holdings in shares of Crane by 217.0% in the 3rd quarter. State of Wyoming now owns 279 shares of the conglomerate’s stock worth $51,000 after acquiring an additional 191 shares during the last quarter. Institutional investors own 75.14% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on CR shares. CJS Securities upgraded shares of Crane to a “strong-buy” rating in a report on Thursday, December 11th. Stifel Nicolaus upped their target price on Crane from $200.00 to $201.00 and gave the company a “hold” rating in a research note on Friday, January 23rd. DA Davidson reissued a “buy” rating and set a $235.00 price target on shares of Crane in a research note on Thursday, January 29th. Wolfe Research set a $215.00 price objective on Crane and gave the company an “outperform” rating in a report on Thursday, December 4th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Crane in a research report on Monday, December 29th. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $224.00.

Insiders Place Their Bets

In related news, Director Sanjay Kapoor purchased 2,814 shares of Crane stock in a transaction dated Thursday, January 29th. The stock was purchased at an average cost of $177.68 per share, with a total value of $499,991.52. Following the transaction, the director owned 2,814 shares in the company, valued at approximately $499,991.52. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Max H. Mitchell acquired 1,000 shares of the company’s stock in a transaction that occurred on Friday, January 30th. The shares were bought at an average cost of $183.71 per share, for a total transaction of $183,710.00. Following the transaction, the chief executive officer owned 410,667 shares of the company’s stock, valued at $75,443,634.57. This represents a 0.24% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last three months, insiders bought 5,464 shares of company stock worth $987,470. Insiders own 2.12% of the company’s stock.

Crane Stock Performance

CR stock opened at $200.44 on Friday. Crane has a 1-year low of $127.04 and a 1-year high of $214.31. The business has a 50-day moving average price of $196.61 and a 200 day moving average price of $189.45. The company has a market capitalization of $11.54 billion, a P/E ratio of 26.55, a PEG ratio of 1.93 and a beta of 1.24. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.18 and a quick ratio of 0.88.

Crane (NYSE:CR) last issued its earnings results on Monday, January 26th. The conglomerate reported $1.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.43 by $0.10. Crane had a net margin of 13.10% and a return on equity of 24.45%. The company had revenue of $581.00 million for the quarter, compared to analysts’ expectations of $572.16 million. During the same period in the prior year, the business earned $1.38 EPS. The firm’s quarterly revenue was up 6.8% on a year-over-year basis. Crane has set its FY 2026 guidance at 6.550-6.75 EPS. As a group, equities research analysts forecast that Crane will post 7.87 EPS for the current fiscal year.

Crane Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Shareholders of record on Friday, February 27th will be given a dividend of $0.255 per share. This is a boost from Crane’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Friday, February 27th. This represents a $1.02 annualized dividend and a yield of 0.5%. Crane’s payout ratio is 16.32%.

Crane Profile

Crane Co, headquartered in Stamford, Connecticut, is a diversified manufacturer of engineered industrial products serving customers around the world. The company operates through two primary segments: Aerospace & Electronics and Engineered Materials. Its Aerospace & Electronics division designs and produces valves, fittings, manifolds, and filtration systems for aircraft fuel, hydraulics, and environmental control systems. The Engineered Materials segment focuses on advanced polymers, heat exchangers, and specialized composite solutions for industries including chemical processing, semiconductor manufacturing, and power generation.

With roots dating back to its founding in 1855 in Chicago by R.T.