Bain Capital Public Equity LP Has $226,000 Holdings in Crane $CR

Bain Capital Public Equity LP lowered its stake in Crane (NYSE:CR) by 98.0% in the fourth quarter, Holdings Channel reports. The fund owned 1,223 shares of the conglomerate’s stock after selling 59,730 shares during the quarter. Crane accounts for approximately 0.1% of Bain Capital Public Equity LP’s investment portfolio, making the stock its 8th largest holding. Bain Capital Public Equity LP’s holdings in Crane were worth $226,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Crane by 289,020.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,855,409 shares of the conglomerate’s stock worth $1,448,773,000 after acquiring an additional 7,852,692 shares during the last quarter. Capital World Investors lifted its holdings in shares of Crane by 1.7% in the fourth quarter. Capital World Investors now owns 2,993,123 shares of the conglomerate’s stock worth $552,022,000 after acquiring an additional 48,679 shares during the last quarter. Norges Bank bought a new position in shares of Crane in the fourth quarter worth about $198,509,000. Geode Capital Management LLC lifted its holdings in shares of Crane by 4.0% in the fourth quarter. Geode Capital Management LLC now owns 917,679 shares of the conglomerate’s stock worth $169,282,000 after acquiring an additional 35,441 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Crane by 2.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 842,283 shares of the conglomerate’s stock worth $155,354,000 after acquiring an additional 23,279 shares during the last quarter. Institutional investors own 75.14% of the company’s stock.

Crane Stock Up 0.4%

Shares of NYSE CR opened at $207.44 on Wednesday. The company has a 50 day simple moving average of $184.62 and a 200 day simple moving average of $188.13. The firm has a market cap of $11.98 billion, a PE ratio of 27.48, a price-to-earnings-growth ratio of 1.93 and a beta of 1.12. Crane has a 1 year low of $159.58 and a 1 year high of $214.31. 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 quarterly earnings data on Monday, April 27th. The conglomerate reported $1.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.44 by $0.21. Crane had a net margin of 13.10% and a return on equity of 24.45%. The business had revenue of $696.40 million during the quarter, compared to analyst estimates of $672.74 million. During the same quarter last year, the business earned $1.39 EPS. The firm’s quarterly revenue was up 24.9% on a year-over-year basis. Crane has set its FY 2026 guidance at 6.650-6.850 EPS. On average, research analysts forecast that Crane will post 7.87 EPS for the current year.

Crane Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 29th were issued a dividend of $0.255 per share. The ex-dividend date was Friday, May 29th. This represents a $1.02 annualized dividend and a yield of 0.5%. Crane’s dividend payout ratio (DPR) is presently 18.35%.

Insider Transactions at Crane

In other news, Director Susan D. Lynch purchased 150 shares of the stock in a transaction on Thursday, April 30th. The stock was purchased at an average price of $177.38 per share, for a total transaction of $26,607.00. Following the acquisition, the director owned 370 shares in the company, valued at $65,630.60. This trade represents a 68.18% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 2.12% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on CR. DA Davidson reissued a “buy” rating and issued a $235.00 target price on shares of Crane in a report on Monday, June 1st. Wall Street Zen lowered shares of Crane from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings lowered shares of Crane from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 4th. Finally, Stifel Nicolaus upgraded shares of Crane from a “hold” rating to a “buy” rating and raised their price objective for the company from $200.00 to $215.00 in a report on Wednesday, April 29th. Two analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Crane has a consensus rating of “Buy” and a consensus price target of $226.33.

Crane Company 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.