Crane (NYSE:CR) Given Consensus Rating of “Buy” by Analysts

Shares of Crane (NYSE:CR) have been given a consensus recommendation of “Buy” by the eight research firms that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation, five have given a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $226.3333.

Several equities analysts have recently weighed in on the stock. Weiss Ratings downgraded shares of 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 issued a $235.00 price objective on shares of Crane in a research report on Monday, June 1st. Stifel Nicolaus upgraded shares of Crane from a “hold” rating to a “buy” rating and raised their price objective for the company from $200.00 to $215.00 in a research report on Wednesday, April 29th. Finally, Wall Street Zen lowered shares of Crane from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th.

Insider Activity at Crane

In other news, Director Susan D. Lynch acquired 150 shares of the business’s 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 completion of the transaction, the director owned 370 shares of the company’s stock, valued at $65,630.60. The trade was a 68.18% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 2.12% of the company’s stock.

Hedge Funds Weigh In On Crane

A number of large investors have recently modified their holdings of the company. InTrack Investment Management Inc lifted its position in 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 purchasing an additional 50 shares during the last quarter. Signaturefd LLC lifted its position in 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 purchasing an additional 58 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in 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 purchasing an additional 65 shares during the last quarter. Assetmark Inc. lifted its position in Crane by 57.9% during the third quarter. Assetmark Inc. now owns 180 shares of the conglomerate’s stock valued at $33,000 after purchasing an additional 66 shares during the last quarter. Finally, Jones Financial Companies Lllp lifted its position in Crane by 10.1% during the third quarter. Jones Financial Companies Lllp now owns 786 shares of the conglomerate’s stock valued at $143,000 after purchasing an additional 72 shares during the last quarter. 75.14% of the stock is currently owned by institutional investors.

Crane Price Performance

CR opened at $207.44 on Wednesday. The company has a market capitalization of $11.98 billion, a price-to-earnings ratio of 27.48, a PEG ratio of 1.93 and a beta of 1.12. 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 firm has a 50-day moving average price of $184.62 and a 200-day moving average price of $188.13. Crane has a twelve month low of $159.58 and a twelve month high of $214.31.

Crane (NYSE:CR) last posted its earnings results on Monday, April 27th. The conglomerate reported $1.65 earnings per share for the quarter, topping the consensus estimate of $1.44 by $0.21. The firm had revenue of $696.40 million during the quarter, compared to the consensus estimate of $672.74 million. Crane had a net margin of 13.10% and a return on equity of 24.45%. The company’s revenue was up 24.9% on a year-over-year basis. During the same quarter last year, the company earned $1.39 earnings per share. 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 year.

Crane Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 29th were given 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 was Friday, May 29th. Crane’s dividend payout ratio (DPR) is 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.