Crane (NYSE:CR) Receives Consensus Rating of “Buy” from Brokerages

Shares of Crane (NYSE:CR) have been given a consensus rating of “Buy” by the eight analysts that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, five have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $226.3333.

A number of brokerages have recently commented on CR. Weiss Ratings lowered Crane from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 4th. Wall Street Zen lowered Crane from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. DA Davidson reaffirmed a “buy” rating and set a $235.00 target price on shares of Crane in a report on Tuesday, April 28th. Stifel Nicolaus raised Crane from a “hold” rating to a “buy” rating and lifted their target price for the stock from $200.00 to $215.00 in a report on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $238.00 target price on shares of Crane in a report on Thursday, January 29th.

Crane Price Performance

Shares of CR opened at $179.71 on Friday. The firm has a market capitalization of $10.38 billion, a price-to-earnings ratio of 23.80, a price-to-earnings-growth ratio of 1.93 and a beta of 1.15. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.88 and a current ratio of 1.18. Crane has a one year low of $159.58 and a one year high of $214.31. The stock’s fifty day moving average is $177.81 and its 200-day moving average is $187.30.

Crane (NYSE:CR) last issued its quarterly earnings results on Monday, April 27th. The conglomerate reported $1.65 EPS for the quarter, beating analysts’ consensus estimates of $1.44 by $0.21. The company had revenue of $696.40 million for the quarter, compared to analyst estimates of $672.74 million. Crane had a return on equity of 24.45% and a net margin of 13.10%.The company’s quarterly revenue was up 24.9% compared to the same quarter last year. During the same period 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 anticipate that Crane will post 7.87 EPS for the current year.

Crane Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 29th will be issued a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Friday, May 29th. Crane’s payout ratio is presently 18.35%.

Insider Transactions at Crane

In other news, Director Susan D. Lynch bought 150 shares of the stock in a transaction that occurred on Thursday, April 30th. The shares were purchased at an average cost of $177.38 per share, with a total value of $26,607.00. Following the completion of the acquisition, the director directly owned 370 shares in the company, valued at approximately $65,630.60. The trade was a 68.18% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 2.12% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of CR. Royal Bank of Canada grew its holdings in Crane by 27.4% during the first quarter. Royal Bank of Canada now owns 22,060 shares of the conglomerate’s stock worth $3,379,000 after acquiring an additional 4,749 shares during the period. Goldman Sachs Group Inc. increased its stake in Crane by 23.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 440,817 shares of the conglomerate’s stock worth $67,524,000 after purchasing an additional 84,278 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Crane by 3.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 136,776 shares of the conglomerate’s stock worth $20,951,000 after purchasing an additional 4,217 shares in the last quarter. Focus Partners Wealth increased its stake in Crane by 17.0% in the 1st quarter. Focus Partners Wealth now owns 1,696 shares of the conglomerate’s stock worth $257,000 after purchasing an additional 246 shares in the last quarter. Finally, Sivia Capital Partners LLC purchased a new position in Crane in the 2nd quarter worth about $207,000. 75.14% of the stock is owned by institutional investors and hedge funds.

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.