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

Shares of Crane (NYSE:CR) have received a consensus rating of “Buy” from the eight research firms that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation, five have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $226.3333.

Several equities research analysts have recently issued reports on CR shares. Weiss Ratings cut shares of Crane from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, May 4th. 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 raised their target price for the company from $200.00 to $215.00 in a research note on Wednesday, April 29th. Finally, DA Davidson reiterated a “buy” rating and issued a $235.00 price target on shares of Crane in a report on Monday, June 1st.

Crane Stock Performance

NYSE:CR opened at $217.56 on Friday. The company has a current ratio of 1.18, a quick ratio of 0.88 and a debt-to-equity ratio of 0.29. Crane has a 12-month low of $159.58 and a 12-month high of $226.46. The stock has a 50-day moving average price of $200.35 and a 200 day moving average price of $193.05. The stock has a market capitalization of $12.56 billion, a P/E ratio of 28.82, a P/E/G ratio of 1.93 and a beta of 1.01.

Crane (NYSE:CR) last issued its 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 return on equity of 24.45% and a net margin of 13.10%.The company had revenue of $696.40 million for the quarter, compared to the consensus estimate of $672.74 million. During the same quarter last year, the company earned $1.39 EPS. The firm’s quarterly revenue was up 24.9% on a year-over-year basis. Crane has set its FY 2026 guidance at 6.650-6.850 EPS. Equities research analysts forecast that Crane will post 7.87 EPS for the current fiscal year.

Crane Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 29th were given a dividend of $0.255 per share. The ex-dividend date was Friday, May 29th. This represents a $1.02 dividend on an annualized basis and a dividend yield of 0.5%. Crane’s dividend payout ratio (DPR) is presently 18.35%.

Insider Activity

In other news, Director Susan D. Lynch bought 150 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The shares were bought at an average cost of $177.38 per share, for a total transaction of $26,607.00. Following the completion of the transaction, the director owned 370 shares of the company’s stock, valued at approximately $65,630.60. This represents a 68.18% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 2.12% of the company’s stock.

Institutional Trading of Crane

A number of large investors have recently added to or reduced their stakes in CR. InTrack Investment Management Inc increased its holdings in Crane by 3.2% in the 4th quarter. InTrack Investment Management Inc now owns 1,607 shares of the conglomerate’s stock worth $296,000 after acquiring an additional 50 shares in the last quarter. Signaturefd LLC raised its position in Crane by 5.2% during the fourth quarter. Signaturefd LLC now owns 1,167 shares of the conglomerate’s stock worth $215,000 after acquiring an additional 58 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Crane by 0.4% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 16,797 shares of the conglomerate’s stock valued at $3,098,000 after purchasing an additional 65 shares in the last quarter. Cresset Asset Management LLC lifted its holdings in Crane by 2.4% during the second quarter. Cresset Asset Management LLC now owns 3,245 shares of the conglomerate’s stock valued at $616,000 after purchasing an additional 76 shares in the last quarter. Finally, Aviva PLC grew its position in shares of Crane by 3.0% in the fourth quarter. Aviva PLC now owns 2,671 shares of the conglomerate’s stock valued at $493,000 after purchasing an additional 78 shares during the period. Institutional investors own 75.14% of the company’s stock.

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.