Hsbc Holdings PLC Sells 45,889 Shares of Crane $CR

Hsbc Holdings PLC decreased its stake in shares of Crane (NYSE:CR) by 40.4% in the first quarter, Holdings Channel.com reports. The fund owned 67,667 shares of the conglomerate’s stock after selling 45,889 shares during the period. Hsbc Holdings PLC’s holdings in Crane were worth $11,492,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Geode Capital Management LLC increased its stake in Crane by 4.0% in the 4th 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. Tudor Investment Corp ET AL boosted its position in shares of Crane by 314.8% during the 3rd quarter. Tudor Investment Corp ET AL now owns 74,801 shares of the conglomerate’s stock valued at $13,774,000 after acquiring an additional 56,768 shares during the last quarter. Congruence Capital LLC purchased a new position in shares of Crane in the fourth quarter valued at $18,604,000. Venture Visionary Partners LLC increased its position in Crane by 25.0% in the fourth quarter. Venture Visionary Partners LLC now owns 50,694 shares of the conglomerate’s stock worth $9,469,000 after purchasing an additional 10,136 shares during the last quarter. Finally, South Shore Capital Advisors bought a new stake in Crane in the fourth quarter worth $718,000. 75.14% of the stock is currently owned by institutional investors.

Crane Stock Up 1.1%

NYSE CR opened at $219.75 on Thursday. The company has a quick ratio of 0.88, a current ratio of 1.18 and a debt-to-equity ratio of 0.29. The company has a fifty day moving average of $202.58 and a two-hundred day moving average of $193.78. The firm has a market capitalization of $12.69 billion, a price-to-earnings ratio of 29.11, a PEG ratio of 1.93 and a beta of 1.01. Crane has a 52 week low of $159.58 and a 52 week high of $226.46.

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

Crane Dividend Announcement

The company 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. The ex-dividend date of this dividend 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%.

Crane News Summary

Here are the key news stories impacting Crane this week:

• Positive Sentiment: BMO Capital Markets upgraded Crane (CR) to “strong-buy”, which can boost investor sentiment and support the stock. Crane was upgraded by BMO Capital Markets to “strong-buy”. The current price is $219.75. Read More: Zacks.com
• Positive Sentiment: The company’s latest quarterly results were solid, with EPS of $1.65 beating estimates and revenue of $696.4 million topping forecasts, reinforcing the case for the stock’s recent strength.
• Positive Sentiment: Crane also raised its FY2026 guidance to 6.65–6.85 EPS, signaling management expects continued earnings momentum.
• Neutral Sentiment: Recent news around crane-related accidents and cleanup efforts, including a fallen crane on the Cooper River, appears unrelated to Crane (CR) the industrial company and is unlikely to be a direct stock driver.

Insider Activity at Crane

In other Crane news, Director Susan D. Lynch bought 150 shares of the business’s stock in a transaction dated Thursday, April 30th. The shares were purchased at an average price of $177.38 per share, with a total value of $26,607.00. Following the completion of the purchase, the director owned 370 shares in the company, valued at $65,630.60. This represents a 68.18% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 2.12% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on CR shares. BMO Capital Markets initiated coverage on shares of Crane in a research report on Monday. They set an “outperform” rating and a $253.00 price objective for the company. Wall Street Zen downgraded shares of Crane from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings downgraded shares of Crane from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 4th. DA Davidson reiterated a “buy” rating and issued a $235.00 price target on shares of Crane in a research report on Monday, June 1st. Finally, Stifel Nicolaus boosted their price objective on Crane from $215.00 to $242.00 and gave the stock a “buy” rating in a research note on Monday. Three equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $234.00.

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.