8,967 Shares in Crane $CR Acquired by EFG Asset Management North America Corp.

EFG Asset Management North America Corp. acquired a new stake in Crane (NYSE:CRFree Report) during the third quarter, HoldingsChannel.com reports. The fund acquired 8,967 shares of the conglomerate’s stock, valued at approximately $1,651,000.

Several other institutional investors have also modified their holdings of the company. Allworth Financial LP increased its holdings in Crane by 15.4% in the second quarter. Allworth Financial LP now owns 390 shares of the conglomerate’s stock valued at $74,000 after buying an additional 52 shares during the last quarter. MAI Capital Management boosted its position in shares of Crane by 3.1% during the 2nd quarter. MAI Capital Management now owns 1,933 shares of the conglomerate’s stock worth $367,000 after acquiring an additional 58 shares in the last quarter. AE Wealth Management LLC increased its holdings in shares of Crane by 2.0% in the 2nd quarter. AE Wealth Management LLC now owns 3,254 shares of the conglomerate’s stock valued at $618,000 after acquiring an additional 63 shares during the last quarter. Verdence Capital Advisors LLC increased its stake in Crane by 3.7% in the third quarter. Verdence Capital Advisors LLC now owns 1,854 shares of the conglomerate’s stock valued at $355,000 after purchasing an additional 66 shares during the last quarter. Finally, Legacy Wealth Asset Management LLC grew its position in shares of Crane by 3.2% in the 2nd quarter. Legacy Wealth Asset Management LLC now owns 2,170 shares of the conglomerate’s stock valued at $412,000 after buying an additional 67 shares during the last quarter. 75.14% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Crane

Here are the key news stories impacting Crane this week:

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on CR shares. Wolfe Research set a $215.00 target price on Crane and gave the company an “outperform” rating in a research report on Thursday, December 4th. CJS Securities upgraded shares of Crane to a “strong-buy” rating in a research report on Thursday, December 11th. Stifel Nicolaus upped their price target on shares of Crane from $200.00 to $201.00 and gave the company a “hold” rating in a research report on Friday, January 23rd. Weiss Ratings reissued a “buy (b-)” rating on shares of Crane in a research report on Monday, December 29th. Finally, DA Davidson set a $235.00 target price on shares of Crane in a report on Thursday, October 30th. Two analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $222.00.

Check Out Our Latest Stock Report on Crane

Crane Stock Performance

Shares of CR opened at $186.04 on Wednesday. The stock has a market capitalization of $10.72 billion, a P/E ratio of 24.64, a P/E/G ratio of 1.93 and a beta of 1.24. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.88 and a current ratio of 1.18. Crane has a 1 year low of $127.04 and a 1 year high of $214.31. The company’s fifty day moving average is $191.27 and its two-hundred day moving average is $188.66.

Crane (NYSE:CRGet Free Report) last released its earnings results on Monday, January 26th. The conglomerate reported $1.53 EPS for the quarter, topping the consensus estimate of $1.43 by $0.10. The company had revenue of $581.00 million during the quarter, compared to analysts’ expectations of $572.16 million. Crane had a net margin of 13.10% and a return on equity of 24.45%. The business’s revenue was up 6.8% on a year-over-year basis. During the same quarter last year, the business earned $1.38 EPS. Crane has set its FY 2026 guidance at 6.550-6.75 EPS. On average, sell-side analysts predict that Crane will post 7.87 earnings per share for the current year.

Crane Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Friday, February 27th will be paid a dividend of $0.255 per share. This is a positive change from Crane’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Friday, February 27th. This represents a $1.02 dividend on an annualized basis and a dividend yield of 0.5%. Crane’s dividend payout ratio (DPR) is currently 14.72%.

Crane Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Crane (NYSE:CR)

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