Vaughan Nelson Investment Management L.P. Has $42.42 Million Stock Holdings in Crane $CR

Vaughan Nelson Investment Management L.P. raised its holdings in Crane (NYSE:CRFree Report) by 61.8% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 248,087 shares of the conglomerate’s stock after buying an additional 94,780 shares during the quarter. Vaughan Nelson Investment Management L.P. owned 0.43% of Crane worth $42,423,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. TD Capital Management LLC acquired a new position in shares of Crane during the fourth quarter worth approximately $27,000. Headlands Technologies LLC acquired a new stake in shares of Crane in the second quarter worth $29,000. Assetmark Inc. increased its position in Crane by 57.9% during the third quarter. Assetmark Inc. now owns 180 shares of the conglomerate’s stock worth $33,000 after acquiring an additional 66 shares during the period. Flagship Harbor Advisors LLC acquired a new position in Crane during the 4th quarter valued at $33,000. Finally, Kelleher Financial Advisors acquired a new position in Crane during the 3rd quarter valued at $33,000. 75.14% of the stock is owned by institutional investors.

Insider Transactions at Crane

In other Crane news, Director Susan D. Lynch purchased 150 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The stock was purchased at an average price of $177.38 per share, with a total value of $26,607.00. Following the completion of the transaction, the director directly owned 370 shares of the company’s stock, valued at approximately $65,630.60. This trade represents a 68.18% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 2.12% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

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

Get Our Latest Research Report on Crane

Crane Stock Up 0.2%

Shares of CR stock opened at $215.43 on Monday. Crane has a one year low of $159.58 and a one year high of $216.19. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.18 and a quick ratio of 0.88. The stock has a fifty day moving average price of $186.79 and a 200 day moving average price of $188.79. The stock has a market cap of $12.44 billion, a P/E ratio of 28.53, a price-to-earnings-growth ratio of 1.93 and a beta of 1.12.

Crane (NYSE:CRGet Free Report) last announced its quarterly earnings results on Monday, April 27th. The conglomerate reported $1.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $0.21. Crane had a net margin of 13.10% and a return on equity of 24.45%. The firm had revenue of $696.40 million for the quarter, compared to analyst estimates of $672.74 million. During the same quarter in the previous year, the firm posted $1.39 EPS. The business’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. Analysts predict that Crane will post 7.87 earnings per share for the current year.

Crane Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 29th were paid a $0.255 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $1.02 dividend on an annualized basis and a yield of 0.5%. Crane’s payout ratio is presently 18.35%.

Crane Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Crane (NYSE:CR)

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