Fieldview Capital Management LLC Acquires Shares of 2,841 Crane $CR

Fieldview Capital Management LLC acquired a new stake in shares of Crane (NYSE:CR) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 2,841 shares of the conglomerate’s stock, valued at approximately $524,000.

A number of other hedge funds have also recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. grew its stake in Crane by 289,020.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 7,855,409 shares of the conglomerate’s stock valued at $1,448,773,000 after purchasing an additional 7,852,692 shares in the last quarter. Capital World Investors grew its stake in Crane by 1.7% during the 4th quarter. Capital World Investors now owns 2,993,123 shares of the conglomerate’s stock valued at $552,022,000 after purchasing an additional 48,679 shares in the last quarter. Norges Bank acquired a new stake in Crane during the 4th quarter valued at approximately $198,509,000. Geode Capital Management LLC grew its stake in Crane by 4.0% during the 4th quarter. Geode Capital Management LLC now owns 917,679 shares of the conglomerate’s stock valued at $169,282,000 after purchasing an additional 35,441 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in Crane by 2.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 842,283 shares of the conglomerate’s stock valued at $155,354,000 after purchasing an additional 23,279 shares in the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Crane Trading Up 0.2%

Shares of NYSE CR opened at $207.02 on Tuesday. The company has a market cap of $11.95 billion, a price-to-earnings ratio of 27.42, a price-to-earnings-growth ratio of 1.93 and a beta of 1.12. Crane has a 12-month low of $159.58 and a 12-month high of $214.31. The company has a current ratio of 1.18, a quick ratio of 0.88 and a debt-to-equity ratio of 0.29. The stock’s 50 day simple moving average is $183.83 and its 200 day simple moving average is $187.96.

Crane (NYSE:CR) last announced its quarterly earnings results on Monday, April 27th. The conglomerate reported $1.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.21. The business 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 business’s revenue was up 24.9% on a year-over-year basis. During the same quarter last year, the business posted $1.39 EPS. Crane has set its FY 2026 guidance at 6.650-6.850 EPS. Equities research analysts expect that Crane will post 7.87 EPS for the current year.

Crane Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors 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 annualized dividend and a dividend yield of 0.5%. Crane’s dividend payout ratio (DPR) is 18.35%.

Analyst Upgrades and Downgrades

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

Insiders Place Their Bets

In other Crane news, Director Susan D. Lynch bought 150 shares of the business’s stock in a transaction on Thursday, April 30th. The shares were purchased at an average price of $177.38 per share, with a total value of $26,607.00. Following the purchase, the director directly owned 370 shares of the company’s stock, valued at approximately $65,630.60. The trade was a 68.18% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. 2.12% of the stock is owned by insiders.

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.