Crane (CR) – What Are Researchers Saying About This Stock?

Shares of Crane (NYSE:CR) have received an average recommendation of “Buy” from the seven brokerages that are covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a buy rating and three have issued a strong buy rating on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $239.00.

CR has been the topic of a number of analyst reports. BMO Capital Markets assumed coverage on Crane in a research note on Monday, July 20th. They set an “outperform” rating and a $253.00 price objective on the stock. Stifel Nicolaus boosted their price target on Crane from $215.00 to $242.00 and gave the company a “buy” rating in a research report on Monday, July 20th. DA Davidson reissued a “buy” rating and issued a $245.00 price objective on shares of Crane in a research report on Tuesday, September 15th. Deutsche Bank Aktiengesellschaft set a $240.00 target price on Crane in a report on Tuesday, September 1st. Finally, Weiss Ratings raised shares of Crane from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, October 9th.

Insider Buying and Selling at Crane

In other news, Director James Tullis sold 400 shares of the company’s stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $205.38, for a total transaction of $82,152.00. Following the completion of the transaction, the director directly owned 5,021 shares of the company’s stock, valued at approximately $1,031,212.98. This represents a 7.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.12% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Crane

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. QRG Capital Management Inc. increased its position in Crane by 4.0% during the second quarter. QRG Capital Management Inc. now owns 1,958 shares of the conglomerate’s stock worth $437,000 after acquiring an additional 75 shares during the period. Novem Group increased its stake in shares of Crane by 1.7% in the 3rd quarter. Novem Group now owns 5,746 shares of the conglomerate’s stock valued at $1,172,000 after purchasing an additional 96 shares during the last quarter. Wedmont Private Capital raised its stake in Crane by 8.4% during the second quarter. Wedmont Private Capital now owns 1,450 shares of the conglomerate’s stock worth $318,000 after acquiring an additional 112 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its stake in shares of Crane by 7.2% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 1,687 shares of the conglomerate’s stock worth $291,000 after buying an additional 113 shares during the last quarter. Finally, Pacer Advisors Inc. increased its holdings in Crane by 2.5% in the 1st quarter. Pacer Advisors Inc. now owns 7,450 shares of the conglomerate’s stock worth $1,274,000 after purchasing an additional 180 shares in the last quarter. 75.14% of the stock is owned by institutional investors.

Crane Trading Up 0.1%

Shares of Crane stock opened at $206.03 on Tuesday. The company has a quick ratio of 1.84, a current ratio of 2.80 and a debt-to-equity ratio of 0.50. The company’s 50-day simple moving average is $205.92 and its 200-day simple moving average is $201.08. Crane has a 52-week low of $159.58 and a 52-week high of $230.50. The firm has a market cap of $11.91 billion, a price-to-earnings ratio of 36.02, a price-to-earnings-growth ratio of 2.45 and a beta of 1.02.

Crane (NYSE:CR) last announced its quarterly earnings data on Tuesday, July 28th. The conglomerate reported $1.79 EPS for the quarter, beating the consensus estimate of $1.68 by $0.11. The firm had revenue of $724.70 million during the quarter, compared to analysts’ expectations of $708.46 million. Crane had a net margin of 12.97% and a return on equity of 18.67%. The business’s revenue for the quarter was up 25.6% compared to the same quarter last year. During the same quarter last year, the business earned $1.49 earnings per share. Crane has set its FY 2026 guidance at 6.850-7.050 EPS. As a group, equities research analysts anticipate that Crane will post 6.99 earnings per share for the current year.

Crane Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Monday, August 31st were paid a dividend of $0.2550 per share. The ex-dividend date was Monday, August 31st. This represents a $1.02 annualized dividend and a yield of 0.5%. Crane’s payout ratio is presently 17.83%.

Crane Company Profile

Crane Company (NYSE: CR) is a diversified industrial technology company that develops and manufactures highly engineered products for aerospace, industrial, commercial and other specialized markets. The company serves customers worldwide through businesses focused on mission-critical components, systems and services.

Its Aerospace & Electronics segment supplies products such as sensing and control systems, aircraft components, power-management equipment and other electronic solutions for commercial and military aerospace applications.