3,111 Shares in Crane $CR Bought by R Squared Ltd

R Squared Ltd bought a new stake in shares of Crane (NYSE:CR) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,111 shares of the conglomerate’s stock, valued at approximately $573,000.

Other hedge funds have also bought and sold shares of the company. First Horizon Corp purchased a new position in shares of Crane during the 3rd quarter valued at about $26,000. Headlands Technologies LLC purchased a new stake in Crane in the 2nd quarter worth approximately $29,000. Assetmark Inc. raised its stake in Crane by 57.9% during the 3rd quarter. Assetmark Inc. now owns 180 shares of the conglomerate’s stock worth $33,000 after acquiring an additional 66 shares during the period. Parkside Financial Bank & Trust lifted its holdings in Crane by 63.4% during the second quarter. Parkside Financial Bank & Trust now owns 219 shares of the conglomerate’s stock valued at $42,000 after purchasing an additional 85 shares in the last quarter. Finally, State of Wyoming lifted its holdings in Crane by 217.0% during the third quarter. State of Wyoming now owns 279 shares of the conglomerate’s stock valued at $51,000 after purchasing an additional 191 shares in the last quarter. Institutional investors own 75.14% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on CR shares. DA Davidson reissued a “buy” rating and issued a $235.00 price objective on shares of Crane in a research note on Thursday, January 29th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Crane in a report on Monday, December 29th. Stifel Nicolaus increased their price target on Crane from $200.00 to $201.00 and gave the stock a “hold” rating in a research note on Friday, January 23rd. CJS Securities raised Crane to a “strong-buy” rating in a report on Thursday, December 11th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $238.00 price objective on shares of Crane in a research note on Thursday, January 29th. Two investment 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 an average rating of “Buy” and a consensus target price of $224.00.

Insider Activity

In other Crane news, Director Susan D. Lynch bought 150 shares of the business’s stock in a transaction that occurred on Thursday, January 29th. The stock was purchased at an average cost of $182.22 per share, with a total value of $27,333.00. Following the completion of the acquisition, the director owned 220 shares in the company, valued at $40,088.40. This trade represents a 214.29% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Jason D. Feldman sold 2,693 shares of the company’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $201.95, for a total transaction of $543,851.35. Following the sale, the senior vice president directly owned 10,639 shares in the company, valued at approximately $2,148,546.05. The trade was a 20.20% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders purchased 5,464 shares of company stock worth $987,470. 2.12% of the stock is owned by corporate insiders.

Crane Stock Performance

Shares of NYSE CR opened at $200.44 on Friday. The company has a market cap of $11.54 billion, a P/E ratio of 26.55, a P/E/G ratio of 1.93 and a beta of 1.24. Crane has a 52-week low of $127.04 and a 52-week high of $214.31. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.88 and a current ratio of 1.18. The firm’s fifty day moving average is $196.61 and its two-hundred day moving average is $189.45.

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

Crane Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Friday, February 27th will be issued a dividend of $0.255 per share. This is a positive change from Crane’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Friday, February 27th. This represents a $1.02 annualized dividend and a dividend yield of 0.5%. Crane’s payout ratio is currently 16.32%.

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.