James L. Tullis Sells 614 Shares of Crane (NYSE:CR) Stock

Crane (NYSE:CR) Director James L. Tullis sold 614 shares of the stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $225.00, for a total value of $138,150.00. Following the transaction, the director directly owned 5,421 shares of the company’s stock, valued at approximately $1,219,725. The trade was a 10.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Crane Stock Down 0.1%

CR opened at $218.76 on Friday. Crane has a one year low of $159.58 and a one year high of $230.50. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.84 and a current ratio of 2.80. The stock’s fifty day moving average is $216.29 and its 200-day moving average is $195.97. The company has a market capitalization of $12.64 billion, a PE ratio of 38.24, a P/E/G ratio of 2.63 and a beta of 1.03.

Crane (NYSE:CR) last announced its quarterly earnings data on Tuesday, July 28th. The conglomerate reported $1.79 earnings per share for the quarter, beating 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 return on equity of 18.67% and a net margin of 12.97%.The company’s revenue was up 25.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.49 earnings per share. Crane has set its FY 2026 guidance at 6.850-7.050 EPS. On average, equities analysts predict that Crane will post 6.96 EPS for the current fiscal year.

Crane Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Monday, August 31st will be given a dividend of $0.255 per share. The ex-dividend date is Monday, August 31st. This represents a $1.02 annualized dividend and a dividend yield of 0.5%. Crane’s dividend payout ratio (DPR) is 17.83%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in CR. Royal Bank of Canada increased its position in shares of Crane by 27.4% in the first quarter. Royal Bank of Canada now owns 22,060 shares of the conglomerate’s stock worth $3,379,000 after acquiring an additional 4,749 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Crane by 23.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 440,817 shares of the conglomerate’s stock valued at $67,524,000 after acquiring an additional 84,278 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Crane by 3.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 136,776 shares of the conglomerate’s stock worth $20,951,000 after purchasing an additional 4,217 shares during the period. Focus Partners Wealth boosted its stake in Crane by 17.0% in the 1st quarter. Focus Partners Wealth now owns 1,696 shares of the conglomerate’s stock worth $257,000 after purchasing an additional 246 shares during the period. Finally, Sivia Capital Partners LLC purchased a new position in Crane during the 2nd quarter worth approximately $207,000. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently commented on CR. DA Davidson boosted their target price on shares of Crane from $235.00 to $245.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Wall Street Zen cut shares of Crane from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. BMO Capital Markets began coverage on shares of Crane in a research report on Monday, July 20th. They issued an “outperform” rating and a $253.00 price target on the stock. Stifel Nicolaus upped their price target on Crane from $215.00 to $242.00 and gave the company a “buy” rating in a report on Monday, July 20th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Crane in a research report on Friday, July 31st. Three analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Crane has a consensus rating of “Buy” and an average target price of $236.33.

About Crane

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.