Analysts Set Crane (NYSE:CR) Target Price at $226.33

Shares of Crane (NYSE:CR) have been assigned a consensus rating of “Buy” from the eight analysts that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $226.3333.

Several research firms 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. Stifel Nicolaus raised Crane from a “hold” rating to a “buy” rating and increased their target price for the company from $200.00 to $215.00 in a report on Wednesday, April 29th. Weiss Ratings lowered Crane from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 4th. Finally, Wall Street Zen lowered Crane from a “buy” rating to a “hold” rating in a report on Saturday, May 9th.

Crane Stock Performance

NYSE:CR opened at $213.22 on Wednesday. The firm has a market capitalization of $12.31 billion, a PE ratio of 28.24, a price-to-earnings-growth ratio of 1.93 and a beta of 1.12. The business’s fifty day moving average price is $187.86 and its 200 day moving average price is $189.24. 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 has a 12 month low of $159.58 and a 12 month high of $216.98.

Crane (NYSE:CR) last posted its earnings results on Monday, April 27th. The conglomerate reported $1.65 EPS for the quarter, beating the consensus estimate of $1.44 by $0.21. The firm had revenue of $696.40 million for the quarter, compared to analyst estimates of $672.74 million. Crane had a return on equity of 24.45% and a net margin of 13.10%.Crane’s revenue for the quarter was up 24.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.39 earnings per share. Crane has set its FY 2026 guidance at 6.650-6.850 EPS. On average, sell-side analysts anticipate that Crane will post 7.87 earnings per share for the current fiscal year.

Crane Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 29th were paid a $0.255 dividend. This represents a $1.02 annualized dividend and a yield of 0.5%. The ex-dividend date was Friday, May 29th. Crane’s dividend payout ratio is currently 18.35%.

Insider Transactions at Crane

In related news, Director Susan D. Lynch acquired 150 shares of the firm’s stock in a transaction on Thursday, April 30th. The stock was bought at an average price of $177.38 per share, for a total transaction of $26,607.00. Following the completion of the purchase, the director directly owned 370 shares of the company’s stock, valued at approximately $65,630.60. The trade was a 68.18% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 2.12% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Crane

Large investors have recently bought and sold shares of the stock. InTrack Investment Management Inc lifted its stake in Crane by 3.2% in the fourth quarter. InTrack Investment Management Inc now owns 1,607 shares of the conglomerate’s stock valued at $296,000 after buying an additional 50 shares during the last quarter. Signaturefd LLC grew its position in shares of Crane by 5.2% during the fourth quarter. Signaturefd LLC now owns 1,167 shares of the conglomerate’s stock worth $215,000 after acquiring an additional 58 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Crane by 0.4% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 16,797 shares of the conglomerate’s stock worth $3,098,000 after acquiring an additional 65 shares during the last quarter. Assetmark Inc. grew its position in shares of Crane by 57.9% during the third quarter. Assetmark Inc. now owns 180 shares of the conglomerate’s stock worth $33,000 after acquiring an additional 66 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its position in shares of Crane by 10.1% during the third quarter. Jones Financial Companies Lllp now owns 786 shares of the conglomerate’s stock worth $143,000 after acquiring an additional 72 shares during the last quarter. Institutional investors and hedge funds own 75.14% 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.