Crane $CR Shares Sold by Capital International Investors

Capital International Investors decreased its holdings in Crane (NYSE:CR) by 51.8% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 421,616 shares of the conglomerate’s stock after selling 453,014 shares during the period. Capital International Investors owned approximately 0.73% of Crane worth $77,759,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Headlands Technologies LLC purchased a new position in Crane in the second quarter valued at approximately $29,000. Assetmark Inc. raised its holdings in Crane by 57.9% in the third quarter. Assetmark Inc. now owns 180 shares of the conglomerate’s stock valued at $33,000 after buying an additional 66 shares during the period. Flagship Harbor Advisors LLC purchased a new position in Crane in the fourth quarter valued at approximately $33,000. Kelleher Financial Advisors purchased a new position in Crane in the third quarter valued at approximately $33,000. Finally, Financial Consulate Inc. raised its holdings in Crane by 100.0% in the fourth quarter. Financial Consulate Inc. now owns 200 shares of the conglomerate’s stock valued at $37,000 after buying an additional 100 shares during the period. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Wall Street Analyst Weigh In

CR has been the topic of a number of recent research reports. Stifel Nicolaus upgraded Crane from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $200.00 to $215.00 in a research note on Wednesday, April 29th. Weiss Ratings cut Crane from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, May 4th. DA Davidson restated a “buy” rating and set a $235.00 price objective on shares of Crane in a research note on Monday, June 1st. Finally, Wall Street Zen cut Crane from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Two research 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 company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $226.33.

Crane Stock Up 2.2%

Shares of NYSE:CR opened at $192.93 on Tuesday. 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 52-week low of $159.58 and a 52-week high of $214.31. The company has a 50 day moving average of $180.27 and a two-hundred day moving average of $187.11. The company has a market capitalization of $11.14 billion, a price-to-earnings ratio of 25.55, a price-to-earnings-growth ratio of 1.93 and a beta of 1.12.

Crane (NYSE:CR) last issued 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. Crane had a net margin of 13.10% and a return on equity of 24.45%. The company had revenue of $696.40 million during the quarter, compared to the consensus estimate of $672.74 million. During the same quarter last year, the company earned $1.39 earnings per share. Crane’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. As a group, analysts forecast that Crane will post 7.87 earnings per share for the current fiscal year.

Crane Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 29th will be paid a dividend of $0.255 per share. This represents a $1.02 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Friday, May 29th. Crane’s dividend payout ratio is 18.35%.

Insider Activity at Crane

In other Crane news, Director Susan D. Lynch bought 150 shares of Crane stock in a transaction dated Thursday, April 30th. The stock was bought at an average cost of $177.38 per share, for a total transaction of $26,607.00. Following the purchase, the director 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 legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 2.12% of the company’s stock.

Crane 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.