Shares of Crane (NYSE:CR – Get Free Report) have earned an average recommendation of “Buy” from the eight research firms that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation, five have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $221.8333.
CR has been the subject of a number of recent analyst reports. DA Davidson set a $235.00 price objective on Crane in a research report on Thursday, October 30th. Weiss Ratings reissued a “buy (b-)” rating on shares of Crane in a report on Monday, December 29th. Stifel Nicolaus dropped their price target on Crane from $202.00 to $200.00 and set a “hold” rating on the stock in a research note on Tuesday, December 16th. Wolfe Research set a $215.00 price objective on shares of Crane and gave the company an “outperform” rating in a research report on Thursday, December 4th. Finally, CJS Securities raised shares of Crane to a “strong-buy” rating in a research report on Thursday, December 11th.
Crane Stock Up 0.3%
Crane (NYSE:CR – Get Free Report) last posted its earnings results on Monday, October 27th. The conglomerate reported $1.64 EPS for the quarter, beating analysts’ consensus estimates of $1.46 by $0.18. Crane had a net margin of 13.10% and a return on equity of 24.45%. The company had revenue of $589.20 million during the quarter, compared to analysts’ expectations of $578.54 million. During the same quarter in the prior year, the company posted $1.38 earnings per share. Crane’s revenue for the quarter was up .8% compared to the same quarter last year. Crane has set its FY 2025 guidance at 5.750-5.950 EPS. On average, sell-side analysts predict that Crane will post 7.87 EPS for the current fiscal year.
Crane Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Friday, November 28th were paid a $0.23 dividend. The ex-dividend date was Friday, November 28th. This represents a $0.92 dividend on an annualized basis and a yield of 0.4%. Crane’s dividend payout ratio (DPR) is 14.74%.
Institutional Trading of Crane
Several large investors have recently made changes to their positions in the business. InTrack Investment Management Inc grew its position in Crane by 3.2% during the 4th quarter. InTrack Investment Management Inc now owns 1,607 shares of the conglomerate’s stock worth $296,000 after purchasing an additional 50 shares during the period. Allworth Financial LP grew its stake in Crane by 15.4% in the 2nd quarter. Allworth Financial LP now owns 390 shares of the conglomerate’s stock valued at $74,000 after acquiring an additional 52 shares during the period. Profund Advisors LLC raised its position in shares of Crane by 5.4% during the 3rd quarter. Profund Advisors LLC now owns 1,119 shares of the conglomerate’s stock worth $206,000 after purchasing an additional 57 shares during the last quarter. MAI Capital Management lifted its position in shares of Crane by 3.1% in the second quarter. MAI Capital Management now owns 1,933 shares of the conglomerate’s stock valued at $367,000 after acquiring an additional 58 shares in the last quarter. Finally, AE Wealth Management LLC boosted its stake in Crane by 2.0% during the 2nd quarter. AE Wealth Management LLC now owns 3,254 shares of the conglomerate’s stock worth $618,000 after purchasing an additional 63 shares during the last quarter. 75.14% of the stock is owned by hedge funds and other institutional investors.
Key Crane News
Here are the key news stories impacting Crane this week:
- Positive Sentiment: Heightened regulatory and safety focus after the accidents could boost demand for inspection, monitoring and control products sold by industrial suppliers — a small, indirect potential benefit for vendors of safety technology. Thailand Has 2nd Deadly Accident Involving a Crane in 2 Days
- Neutral Sentiment: Multiple reports confirm a train collision after a crane collapse that killed dozens and injured many — media focus is on the Thai contractor and local oversight failures rather than global manufacturers. At least 32 killed after crane falls on train in Thailand
- Neutral Sentiment: Coverage shows multiple, back-to-back crane failures tied to the same firm, prompting local probes and possible tighter enforcement of construction safety rules in Thailand. That’s country-specific regulatory risk, not a direct business hit to Crane Co. Fatal back-to-back Thailand crane failures tied to same firm
- Neutral Sentiment: Local incidents include falling debris and separate collapses (Phuket luxury condo, crushed cars) underscoring construction-safety problems across projects in the region. Again, these are operational/regulatory stories limited to local contractors. Steel rod falls from luxury condo crane into Phuket home
- Negative Sentiment: Name-based investor confusion and headline-driven selling are possible in the short term — some retail investors may conflate these construction-crane accidents with Crane Co’s brand, creating temporary pressure on CR despite no direct link to the incidents. A construction crane falls onto a moving train in Thailand, killing more than 30 people
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.
See Also
- Five stocks we like better than Crane
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- Do not delete, read immediately
- How a Family Trust May Be Able To Help Preserve Your Wealth
- URGENT: Trump Just Triggered AI’s Biggest Disruption Yet
- Wall Street Alert: Buy AES
Receive News & Ratings for Crane Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crane and related companies with MarketBeat.com's FREE daily email newsletter.
