Crane (NYSE:CR) Upgraded at BMO Capital Markets

BMO Capital Markets upgraded shares of Crane (NYSE:CR) to a strong-buy rating in a research report report published on Monday,Zacks.com reports.

A number of other equities analysts have also recently issued reports on the stock. Stifel Nicolaus lifted their target price on shares of Crane from $215.00 to $242.00 and gave the stock a “buy” rating in a research report on Monday. Wall Street Zen lowered shares of Crane from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. DA Davidson reissued a “buy” rating and set a $235.00 price objective on shares of Crane in a research note on Monday, June 1st. Finally, Weiss Ratings downgraded Crane from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, May 4th. Three research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $234.00.

Crane Trading Up 1.1%

Shares of CR stock opened at $219.75 on Monday. Crane has a fifty-two week low of $159.58 and a fifty-two week high of $226.46. The stock has a market cap of $12.69 billion, a P/E ratio of 29.11, a P/E/G ratio of 1.93 and a beta of 1.01. The business has a fifty day simple moving average of $202.58 and a 200-day simple moving average of $193.78. The company has a quick ratio of 0.88, a current ratio of 1.18 and a debt-to-equity ratio of 0.29.

Crane (NYSE:CR) last released its quarterly earnings data on Monday, April 27th. The conglomerate reported $1.65 EPS for the quarter, topping the consensus estimate of $1.44 by $0.21. The business had revenue of $696.40 million for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.39 EPS. Crane has set its FY 2026 guidance at 6.650-6.850 EPS. On average, analysts forecast that Crane will post 7.87 earnings per share for the current fiscal year.

Crane Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 29th were given a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Friday, May 29th. Crane’s dividend payout ratio (DPR) is currently 18.35%.

Insiders Place Their Bets

In other news, Director Susan D. Lynch bought 150 shares of Crane stock in a transaction on Thursday, April 30th. The shares were bought at an average cost of $177.38 per share, for a total transaction of $26,607.00. Following the acquisition, the director owned 370 shares in the company, valued at approximately $65,630.60. This trade represents a 68.18% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 2.12% of the company’s stock.

Hedge Funds Weigh In On Crane

A number of institutional investors have recently modified their holdings of the company. Royal Bank of Canada grew its stake in Crane by 27.4% in the 1st quarter. Royal Bank of Canada now owns 22,060 shares of the conglomerate’s stock worth $3,379,000 after acquiring an additional 4,749 shares during the period. Goldman Sachs Group Inc. raised its holdings in Crane by 23.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 440,817 shares of the conglomerate’s stock valued at $67,524,000 after acquiring an additional 84,278 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Crane by 3.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 136,776 shares of the conglomerate’s stock worth $20,951,000 after purchasing an additional 4,217 shares during the period. Focus Partners Wealth lifted its stake in shares of Crane by 17.0% during the 1st quarter. Focus Partners Wealth now owns 1,696 shares of the conglomerate’s stock worth $257,000 after purchasing an additional 246 shares during the period. Finally, Sivia Capital Partners LLC acquired a new stake in shares of Crane during the second quarter worth $207,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Crane News Roundup

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.

About Crane

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.