Entropy Technologies LP Increases Stake in Crane $CR

Entropy Technologies LP lifted its stake in shares of Crane (NYSE:CR) by 62.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 18,653 shares of the conglomerate’s stock after buying an additional 7,186 shares during the quarter. Entropy Technologies LP’s holdings in Crane were worth $3,440,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. InTrack Investment Management Inc increased its position in shares of Crane by 3.2% during 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 period. Profund Advisors LLC increased its position in shares of Crane by 5.4% during the third quarter. Profund Advisors LLC now owns 1,119 shares of the conglomerate’s stock valued at $206,000 after buying an additional 57 shares during the period. Signaturefd LLC increased 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 valued at $215,000 after buying an additional 58 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased 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 valued at $3,098,000 after buying an additional 65 shares during the period. Finally, Assetmark Inc. grew its holdings in Crane by 57.9% in the third quarter. Assetmark Inc. now owns 180 shares of the conglomerate’s stock worth $33,000 after purchasing an additional 66 shares during the period. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. DA Davidson restated a “buy” rating and issued a $235.00 price objective on shares of Crane in a report on Monday, June 1st. Wall Street Zen cut shares of Crane from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings cut shares of Crane from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 4th. Finally, Stifel Nicolaus upgraded shares of Crane from a “hold” rating to a “buy” rating and upped their price objective for the stock from $200.00 to $215.00 in a report on Wednesday, April 29th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $226.33.

Insider Activity at Crane

In other news, Director Susan D. Lynch purchased 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, for a total transaction of $26,607.00. Following the completion of the acquisition, the director directly 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 document filed with the SEC, which can be accessed through this hyperlink. 2.12% of the stock is currently owned by insiders.

Crane Trading Up 0.1%

NYSE:CR opened at $206.77 on Monday. The company’s 50 day moving average price is $183.06 and its 200-day moving average price is $187.78. Crane has a 52 week low of $159.58 and a 52 week high of $214.31. 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 stock has a market cap of $11.94 billion, a price-to-earnings ratio of 27.39, a PEG ratio of 1.93 and a beta of 1.12.

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

Crane Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 29th were issued a dividend of $0.255 per share. The ex-dividend date was Friday, May 29th. This represents a $1.02 dividend on an annualized basis and a dividend yield of 0.5%. Crane’s dividend payout ratio is presently 18.35%.

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.