Private Advisor Group LLC Has $1.18 Million Stake in Crane $CR

Private Advisor Group LLC boosted its holdings in Crane (NYSE:CR) by 92.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,893 shares of the conglomerate’s stock after buying an additional 3,302 shares during the period. Private Advisor Group LLC’s holdings in Crane were worth $1,179,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of CR. InTrack Investment Management Inc lifted its holdings in Crane by 3.2% during the 4th quarter. InTrack Investment Management Inc now owns 1,607 shares of the conglomerate’s stock worth $296,000 after purchasing an additional 50 shares in the last quarter. Signaturefd LLC grew its holdings in Crane by 5.2% during the 4th quarter. Signaturefd LLC now owns 1,167 shares of the conglomerate’s stock valued at $215,000 after buying an additional 58 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased 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 valued at $3,098,000 after buying an additional 65 shares during the period. Cresset Asset Management LLC lifted its holdings in shares of Crane by 2.4% in the second quarter. Cresset Asset Management LLC now owns 3,245 shares of the conglomerate’s stock worth $616,000 after buying an additional 76 shares in the last quarter. Finally, Aviva PLC boosted its position in shares of Crane by 3.0% in the fourth quarter. Aviva PLC now owns 2,671 shares of the conglomerate’s stock valued at $493,000 after acquiring an additional 78 shares during the period. Institutional investors own 75.14% of the company’s stock.

Insiders Place Their Bets

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.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on CR shares. Wall Street Zen cut Crane from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Weiss Ratings lowered Crane from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, May 4th. DA Davidson restated a “buy” rating and set a $235.00 target price on shares of Crane in a report on Monday, June 1st. Finally, Stifel Nicolaus upgraded shares of Crane from a “hold” rating to a “buy” rating and increased their price target for the stock from $200.00 to $215.00 in a research note on Wednesday, April 29th. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $226.33.

Crane Stock Up 0.0%

Crane stock opened at $219.15 on Monday. 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 market cap of $12.65 billion, a P/E ratio of 29.03, a P/E/G ratio of 1.93 and a beta of 1.01. The business has a fifty day moving average of $196.54 and a two-hundred day moving average of $192.05. Crane has a twelve month low of $159.58 and a twelve month high of $226.46.

Crane (NYSE:CR) last posted its quarterly earnings data on Monday, April 27th. The conglomerate reported $1.65 earnings per share for the quarter, topping analysts’ consensus estimates of $1.44 by $0.21. The company had revenue of $696.40 million during the quarter, compared to analysts’ expectations of $672.74 million. Crane had a net margin of 13.10% and a return on equity of 24.45%. The firm’s revenue for the quarter was up 24.9% on a year-over-year basis. During the same period in the prior year, the business posted $1.39 earnings per share. Crane has set its FY 2026 guidance at 6.650-6.850 EPS. On average, analysts forecast that Crane will post 7.87 earnings per share for the current fiscal year.

Crane Dividend Announcement

The firm 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 yield of 0.5%. The ex-dividend date of this dividend was Friday, May 29th. Crane’s dividend payout ratio is presently 18.35%.

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.