Arrow Capital Management LLC Grows Stock Holdings in Crane $CR

Arrow Capital Management LLC boosted its holdings in shares of Crane (NYSE:CR) by 41.1% in the 1st quarter, Holdings Channel reports. The firm owned 51,478 shares of the conglomerate’s stock after buying an additional 15,000 shares during the period. Crane makes up approximately 6.1% of Arrow Capital Management LLC’s portfolio, making the stock its 7th largest holding. Arrow Capital Management LLC’s holdings in Crane were worth $8,803,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. InTrack Investment Management Inc increased its holdings in shares of Crane by 3.2% in 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 in the last quarter. Signaturefd LLC grew its holdings in shares of Crane by 5.2% in the 4th quarter. Signaturefd LLC now owns 1,167 shares of the conglomerate’s stock worth $215,000 after acquiring an additional 58 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised 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 worth $3,098,000 after purchasing an additional 65 shares during the period. Cresset Asset Management LLC raised its position in shares of Crane by 2.4% during the second quarter. Cresset Asset Management LLC now owns 3,245 shares of the conglomerate’s stock worth $616,000 after purchasing an additional 76 shares during the period. Finally, Aviva PLC lifted its holdings in shares of Crane by 3.0% during the fourth quarter. Aviva PLC now owns 2,671 shares of the conglomerate’s stock valued at $493,000 after purchasing an additional 78 shares during the last quarter. 75.14% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Director Susan D. Lynch bought 150 shares of the firm’s stock in a transaction on Thursday, April 30th. The stock was purchased at an average price of $177.38 per share, with a total value of $26,607.00. Following the completion of the transaction, the director directly owned 370 shares of the company’s stock, valued at $65,630.60. This trade represents a 68.18% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 2.12% of the company’s stock.

Crane Stock Performance

Shares of CR opened at $218.34 on Friday. The firm has a market cap of $12.61 billion, a price-to-earnings ratio of 28.92, a price-to-earnings-growth ratio of 1.93 and a beta of 1.01. The company’s fifty day moving average is $203.37 and its 200-day moving average is $194.00. 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 has a 12 month low of $159.58 and a 12 month high of $226.46.

Crane (NYSE:CR) last released its quarterly earnings data on Monday, April 27th. The conglomerate reported $1.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $0.21. The business had revenue of $696.40 million during 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%. Crane’s quarterly revenue was up 24.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.39 EPS. Crane has set its FY 2026 guidance at 6.650-6.850 EPS. Equities analysts expect that Crane will post 7.87 EPS for the current fiscal year.

Crane Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the company. Wall Street Zen cut Crane from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. DA Davidson reiterated a “buy” rating and issued a $235.00 target price on shares of Crane in a report on Monday, June 1st. 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. Weiss Ratings lowered shares of Crane from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 4th. Finally, BMO Capital Markets assumed coverage on shares of Crane in a research note on Monday. They issued an “outperform” rating and a $253.00 price objective for the company. Three analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $234.00.

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.