Arrow Capital Management LLC Buys Shares of 36,478 Crane $CR

Arrow Capital Management LLC bought a new stake in shares of Crane (NYSE:CR) during the 4th quarter, Holdings Channel.com reports. The fund bought 36,478 shares of the conglomerate’s stock, valued at approximately $6,728,000. Crane comprises approximately 3.9% of Arrow Capital Management LLC’s investment portfolio, making the stock its 10th largest holding.

Other large investors have also recently made changes to their positions in the company. Headlands Technologies LLC purchased a new position in shares of Crane in the 2nd quarter worth approximately $29,000. Assetmark Inc. increased its position in shares of Crane by 57.9% during the third quarter. Assetmark Inc. now owns 180 shares of the conglomerate’s stock worth $33,000 after purchasing an additional 66 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new position in shares of Crane during the fourth quarter worth $33,000. Kelleher Financial Advisors purchased a new stake in shares of Crane during the 3rd quarter valued at $33,000. Finally, Financial Consulate Inc. lifted its holdings in shares of Crane by 100.0% during the 4th quarter. Financial Consulate Inc. now owns 200 shares of the conglomerate’s stock valued at $37,000 after purchasing an additional 100 shares during the last quarter. 75.14% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Susan D. Lynch acquired 150 shares of Crane stock in a transaction dated Thursday, April 30th. The stock was purchased at an average cost of $177.38 per share, for a total transaction of $26,607.00. Following the completion of the purchase, the director directly owned 370 shares in the company, valued at $65,630.60. This trade represents a 68.18% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 2.12% of the stock is currently owned by insiders.

Crane Price Performance

Shares of CR opened at $215.43 on Friday. The firm has a market capitalization of $12.44 billion, a PE ratio of 28.53, a price-to-earnings-growth ratio of 1.93 and a beta of 1.12. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.18 and a quick ratio of 0.88. Crane has a 1-year low of $159.58 and a 1-year high of $216.19. The company’s fifty day moving average price is $186.17 and its 200-day moving average price is $188.54.

Crane (NYSE:CR) last released its earnings results 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 firm had revenue of $696.40 million for the quarter, compared to the consensus estimate of $672.74 million. Crane had a return on equity of 24.45% and a net margin of 13.10%.The firm’s revenue was up 24.9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.39 EPS. Crane has set its FY 2026 guidance at 6.650-6.850 EPS. On average, equities research analysts predict that Crane will post 7.87 EPS for the current year.

Crane Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 29th were issued a $0.255 dividend. The ex-dividend date of this dividend 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 currently 18.35%.

Wall Street Analysts Forecast Growth

CR has been the subject of a number of recent analyst reports. Wall Street Zen cut Crane from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. DA Davidson reiterated a “buy” rating and issued a $235.00 price target on shares of Crane in a research note on Monday, June 1st. Weiss Ratings downgraded Crane from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 4th. Finally, Stifel Nicolaus upgraded Crane from a “hold” rating to a “buy” rating and boosted their price target for the stock from $200.00 to $215.00 in a research note on Wednesday, April 29th. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $226.33.

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.