Crane $CR Shares Sold by Alps Advisors Inc.

Alps Advisors Inc. cut its position in shares of Crane (NYSE:CR) by 24.5% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 31,485 shares of the conglomerate’s stock after selling 10,231 shares during the quarter. Alps Advisors Inc.’s holdings in Crane were worth $5,798,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. First Horizon Corp purchased a new position in shares of Crane in the third quarter valued at $26,000. Headlands Technologies LLC acquired a new stake in Crane in the 2nd quarter valued at about $29,000. Parkside Financial Bank & Trust increased its holdings in Crane by 63.4% during the 2nd quarter. Parkside Financial Bank & Trust now owns 219 shares of the conglomerate’s stock valued at $42,000 after acquiring an additional 85 shares in the last quarter. State of Wyoming increased its holdings in Crane by 217.0% during the 3rd quarter. State of Wyoming now owns 279 shares of the conglomerate’s stock valued at $51,000 after acquiring an additional 191 shares in the last quarter. Finally, Mather Group LLC. acquired a new position in Crane during the third quarter worth about $60,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Insider Transactions at Crane

In other Crane news, Director Susan D. Lynch acquired 150 shares of the firm’s stock in a transaction on Thursday, January 29th. The stock was bought at an average cost of $182.22 per share, for a total transaction of $27,333.00. Following the completion of the purchase, the director directly owned 220 shares in the company, valued at $40,088.40. This represents a 214.29% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Sanjay Kapoor purchased 2,814 shares of the firm’s stock in a transaction that occurred on Thursday, January 29th. The shares were acquired at an average cost of $177.68 per share, with a total value of $499,991.52. Following the completion of the transaction, the director owned 2,814 shares in the company, valued at $499,991.52. This trade represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have bought a total of 5,464 shares of company stock worth $987,470 over the last ninety days. 2.12% of the stock is owned by insiders.

Crane Trading Up 2.0%

NYSE CR opened at $200.06 on Tuesday. The company has a market cap of $11.52 billion, a P/E ratio of 26.50, a P/E/G ratio of 1.93 and a beta of 1.24. Crane has a 12 month low of $127.04 and a 12 month high of $214.31. 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 company has a 50-day moving average of $192.68 and a 200-day moving average of $188.68.

Crane (NYSE:CR) last released its earnings results on Monday, January 26th. The conglomerate reported $1.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.43 by $0.10. Crane had a net margin of 13.10% and a return on equity of 24.45%. The firm had revenue of $581.00 million during the quarter, compared to the consensus estimate of $572.16 million. During the same period in the previous year, the firm earned $1.38 earnings per share. Crane’s revenue was up 6.8% compared to the same quarter last year. Crane has set its FY 2026 guidance at 6.550-6.75 EPS. As a group, equities analysts predict that Crane will post 7.87 earnings per share for the current year.

Crane Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Investors of record on Friday, February 27th will be issued a $0.255 dividend. The ex-dividend date is Friday, February 27th. This is an increase from Crane’s previous quarterly dividend of $0.23. This represents a $1.02 dividend on an annualized basis and a yield of 0.5%. Crane’s payout ratio is 16.32%.

Analyst Ratings Changes

CR has been the topic of several research reports. Stifel Nicolaus increased their price target on shares of Crane from $200.00 to $201.00 and gave the company a “hold” rating in a research report on Friday, January 23rd. Wolfe Research set a $215.00 target price on Crane and gave the company an “outperform” rating in a report on Thursday, December 4th. DA Davidson reissued a “buy” rating and set a $235.00 price target on shares of Crane in a research report on Thursday, January 29th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Crane in a research note on Monday, December 29th. Finally, CJS Securities raised shares of Crane to a “strong-buy” rating in a research note on Thursday, December 11th. Two investment 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 MarketBeat, the company has a consensus rating of “Buy” and an average price target of $224.00.

Crane Company 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.