Tudor Investment Corp ET AL Grows Stock Position in Crane $CR

Tudor Investment Corp ET AL grew its stake in Crane (NYSE:CR) by 314.8% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 74,801 shares of the conglomerate’s stock after purchasing an additional 56,768 shares during the period. Tudor Investment Corp ET AL’s holdings in Crane were worth $13,774,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. First Horizon Corp acquired a new stake in Crane during the third quarter worth about $26,000. Headlands Technologies LLC acquired a new position in Crane in the second quarter valued at approximately $29,000. Assetmark Inc. boosted its position in Crane by 57.9% in the 3rd quarter. Assetmark Inc. now owns 180 shares of the conglomerate’s stock worth $33,000 after purchasing an additional 66 shares in the last quarter. Kelleher Financial Advisors purchased a new stake in Crane in the 3rd quarter worth approximately $33,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in shares of Crane during the 3rd quarter worth approximately $45,000. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Crane Trading Up 0.2%

Shares of CR stock opened at $168.33 on Monday. Crane has a 1-year low of $127.04 and a 1-year high of $214.31. The company has a market cap of $9.71 billion, a price-to-earnings ratio of 22.29, a PEG ratio of 1.93 and a beta of 1.34. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.18 and a quick ratio of 0.88. The stock has a 50 day simple moving average of $187.87 and a 200-day simple moving average of $187.93.

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

Crane Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Friday, February 27th were given a $0.255 dividend. This represents a $1.02 annualized dividend and a dividend yield of 0.6%. This is a positive change from Crane’s previous quarterly dividend of $0.23. The ex-dividend date was Friday, February 27th. Crane’s dividend payout ratio (DPR) is 16.32%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on CR. DA Davidson reaffirmed a “buy” rating and set a $235.00 target price on shares of Crane in a report on Thursday, January 29th. Stifel Nicolaus raised their price target on shares of Crane from $200.00 to $201.00 and gave the company a “hold” rating in a research report on Friday, January 23rd. CJS Securities raised shares of Crane to a “strong-buy” rating in a report on Thursday, December 11th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Crane in a research report on Friday, March 27th. Finally, Wall Street Zen raised shares of Crane from a “hold” rating to a “buy” rating in a research note on Saturday, March 14th. 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 company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $224.00.

Insider Buying and Selling at Crane

In other news, Director Jennifer Pollino acquired 1,500 shares of the stock in a transaction that occurred on Thursday, January 29th. The shares were bought at an average cost of $184.29 per share, for a total transaction of $276,435.00. Following the acquisition, the director owned 1,500 shares in the company, valued at approximately $276,435. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Sanjay Kapoor acquired 2,814 shares of the business’s stock in a transaction on Thursday, January 29th. The shares were purchased at an average price of $177.68 per share, with a total value of $499,991.52. Following the completion of the purchase, the director owned 2,814 shares in the company, valued at $499,991.52. This represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. Over the last ninety days, insiders have bought 5,464 shares of company stock valued at $987,470. Corporate insiders own 2.12% of the company’s stock.

About Crane

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.