Crane (NYSE:CR) Receives $221.83 Consensus PT from Analysts

Shares of Crane (NYSE:CR) have been assigned a consensus rating of “Buy” from the eight analysts that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation, five have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $221.8333.

Several brokerages recently commented on CR. Wolfe Research set a $215.00 price target on Crane and gave the company an “outperform” rating in a research note on Thursday, December 4th. CJS Securities upgraded shares of Crane to a “strong-buy” rating in a research note on Thursday, December 11th. Weiss Ratings restated a “buy (b-)” rating on shares of Crane in a research note on Monday, December 29th. Stifel Nicolaus cut their price target on shares of Crane from $202.00 to $200.00 and set a “hold” rating on the stock in a report on Tuesday, December 16th. Finally, DA Davidson set a $235.00 price objective on shares of Crane in a report on Thursday, October 30th.

Key Crane News

Here are the key news stories impacting Crane this week:

• Positive Sentiment: Local equipment purchase / training benefit — A report describes a new crane installed at Penn College to enhance hands‑on learning; this signals ongoing demand for lifting equipment in education/training markets and is mildly positive for industrial equipment makers in general. New crane enhances Penn College students’ hands-on learning experience
• Neutral Sentiment: Historic crane removal/repair — Local story about removing and repairing a historic crane. Purely regional infrastructure/heritage news with no clear link to Crane Co.’s business or near‑term financials. Historic crane to be removed and repaired
• Neutral Sentiment: SPAC / name confusion risk — A Seeking Alpha piece on “Crane Harbor Acquisition” (a SPAC) may create ticker/name confusion among retail investors but is unrelated to Crane Co.’s operations or fundamentals. This could cause short-term noise but not a fundamental impact. Crane Harbor Acquisition: Pending Quantum SPAC
• Negative Sentiment: High‑profile crane collapse footage (Russia) — Viral video of a crane collapsing at a Russian plant could stoke negative headlines about crane safety. While unrelated to Crane Co., broader safety concerns can briefly pressure shares of industrial/equipment firms via sentiment. Dramatic Video Shows Moment of Crane Collapse at Russian Plant
• Negative Sentiment: OSHA finds inspection lapses after SpaceX crane collapse — OSHA’s finding that SpaceX did not properly inspect a crane at Starbase highlights regulatory and safety scrutiny in lifting equipment operations; it may amplify negative press for the sector and prompt investor caution even though Crane Co. isn’t implicated. SpaceX didn’t properly inspect crane before collapse at Starbase, OSHA says

Institutional Investors Weigh In On Crane

A number of hedge funds have recently bought and sold shares of CR. Royal Bank of Canada boosted its holdings in Crane by 27.4% in the 1st quarter. Royal Bank of Canada now owns 22,060 shares of the conglomerate’s stock valued at $3,379,000 after purchasing an additional 4,749 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Crane by 23.6% during the first quarter. Goldman Sachs Group Inc. now owns 440,817 shares of the conglomerate’s stock valued at $67,524,000 after buying an additional 84,278 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Crane by 3.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 136,776 shares of the conglomerate’s stock valued at $20,951,000 after buying an additional 4,217 shares during the period. Focus Partners Wealth grew its position in Crane by 17.0% during the first quarter. Focus Partners Wealth now owns 1,696 shares of the conglomerate’s stock worth $257,000 after buying an additional 246 shares in the last quarter. Finally, Voya Investment Management LLC increased its stake in Crane by 4.7% during the first quarter. Voya Investment Management LLC now owns 7,576 shares of the conglomerate’s stock valued at $1,160,000 after acquiring an additional 343 shares during the period. 75.14% of the stock is currently owned by institutional investors.

Crane Stock Performance

Shares of NYSE CR opened at $205.75 on Friday. The stock’s fifty day simple moving average is $189.26 and its 200 day simple moving average is $188.15. The stock has a market capitalization of $11.85 billion, a price-to-earnings ratio of 27.25, a PEG ratio of 1.93 and a beta of 1.24. 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 $127.04 and a 52-week high of $208.58.

Crane (NYSE:CR) last announced its earnings results on Monday, October 27th. The conglomerate reported $1.64 EPS for the quarter, topping the consensus estimate of $1.46 by $0.18. Crane had a net margin of 13.10% and a return on equity of 24.45%. The company had revenue of $589.20 million during the quarter, compared to analysts’ expectations of $578.54 million. During the same period last year, the company posted $1.38 earnings per share. The business’s revenue for the quarter was up .8% on a year-over-year basis. Crane has set its FY 2025 guidance at 5.750-5.950 EPS. As a group, sell-side analysts forecast that Crane will post 7.87 earnings per share for the current fiscal year.

Crane Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Friday, November 28th were issued a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 0.4%. The ex-dividend date was Friday, November 28th. Crane’s payout ratio is 14.74%.

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.