Fort Washington Investment Advisors Inc. OH Acquires 30,780 Shares of Crane $CR

Fort Washington Investment Advisors Inc. OH grew its holdings in Crane (NYSE:CR) by 28.6% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 138,584 shares of the conglomerate’s stock after buying an additional 30,780 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned 0.24% of Crane worth $23,698,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in CR. TD Capital Management LLC bought a new stake in Crane in the fourth quarter valued at about $27,000. Headlands Technologies LLC acquired a new stake in Crane during the second quarter valued at approximately $29,000. Flagship Harbor Advisors LLC acquired a new stake in Crane during the fourth quarter valued at approximately $33,000. Kelleher Financial Advisors bought a new stake in shares of Crane in the 3rd quarter valued at approximately $33,000. Finally, GHP Investment Advisors Inc. bought a new stake in shares of Crane in the 1st quarter valued at approximately $34,000. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Crane

In other Crane news, Director Susan D. Lynch bought 150 shares of the 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 purchase, the director owned 370 shares in the company, valued at $65,630.60. This represents a 68.18% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 2.12% of the company’s stock.

Crane Stock Performance

NYSE:CR opened at $219.41 on Monday. The stock has a market capitalization of $12.67 billion, a P/E ratio of 29.06, a price-to-earnings-growth ratio of 1.93 and a beta of 1.12. The company has a current ratio of 1.18, a quick ratio of 0.88 and a debt-to-equity ratio of 0.29. Crane has a 1 year low of $159.58 and a 1 year high of $226.46. The firm has a 50 day moving average of $189.44 and a 200-day moving average of $189.90.

Crane (NYSE:CR) last released its quarterly earnings results on Monday, April 27th. The conglomerate reported $1.65 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.21. Crane had a return on equity of 24.45% and a net margin of 13.10%.The business had revenue of $696.40 million for the quarter, compared to analyst estimates of $672.74 million. During the same period in the prior year, the company earned $1.39 EPS. 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, sell-side analysts anticipate that Crane will post 7.87 EPS for the current fiscal year.

Crane Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 29th were issued 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 was Friday, May 29th. Crane’s dividend payout ratio is presently 18.35%.

Wall Street Analyst Weigh In

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