Crane (NYSE:CR) Releases FY 2026 Earnings Guidance

Crane (NYSE:CR) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 6.850-7.050 for the period, compared to the consensus EPS estimate of 6.790. The company issued revenue guidance of $2.9 billion-$2.9 billion, compared to the consensus revenue estimate of $2.9 billion.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on CR shares. BMO Capital Markets began coverage on Crane in a research note on Monday, July 20th. They issued an “outperform” rating and a $253.00 target price on the stock. Wall Street Zen cut Crane from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. DA Davidson reiterated a “buy” rating and issued a $235.00 price objective on shares of Crane in a research report on Monday, June 1st. Weiss Ratings cut Crane from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, May 4th. Finally, Stifel Nicolaus upped their target price on Crane from $215.00 to $242.00 and gave the company a “buy” rating in a report on Monday, July 20th. Three research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Crane currently has a consensus rating of “Buy” and an average target price of $234.00.

Crane Trading Down 0.1%

Shares of NYSE CR traded down $0.27 during midday trading on Tuesday, hitting $226.17. 705,859 shares of the company traded hands, compared to its average volume of 506,755. Crane has a 12-month low of $159.58 and a 12-month high of $230.50. The firm has a market cap of $13.06 billion, a P/E ratio of 29.96, a P/E/G ratio of 1.93 and a beta of 1.01. The stock has a 50-day moving average price of $205.58 and a 200 day moving average price of $194.44. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.88 and a current ratio of 1.18.

Crane (NYSE:CR) last issued its quarterly earnings data on Tuesday, July 28th. The conglomerate reported $1.79 EPS for the quarter, topping the consensus estimate of $1.68 by $0.11. The business had revenue of $724.70 million during the quarter, compared to analyst estimates of $708.46 million. Crane had a net margin of 13.10% and a return on equity of 24.45%. Crane has set its FY 2026 guidance at 6.850-7.050 EPS. As a group, analysts expect that Crane will post 7.87 earnings per share for the current year.

Insider Activity

In other news, Director Susan D. Lynch bought 150 shares of the stock in a transaction dated Thursday, April 30th. The stock was bought at an average price of $177.38 per share, for a total transaction of $26,607.00. Following the purchase, the director directly owned 370 shares in the company, valued at $65,630.60. This trade represents a 68.18% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.12% of the company’s stock.

Hedge Funds Weigh In On Crane

A number of institutional investors have recently added to or reduced their stakes in CR. Headlands Technologies LLC bought a new position in Crane in the second quarter worth $29,000. Kelleher Financial Advisors purchased a new stake in shares of Crane in the 3rd quarter worth about $33,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Crane in the 3rd quarter worth about $45,000. State of Wyoming increased its stake in shares of Crane by 36.6% in the 4th quarter. State of Wyoming now owns 381 shares of the conglomerate’s stock worth $70,000 after acquiring an additional 102 shares in the last quarter. Finally, Danske Bank A S bought a new position in shares of Crane in the 3rd quarter worth about $74,000. 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.