Crane (CR) – What Are Analysts Thinking About This Stock?

Shares of Crane (NYSE:CR) have received a consensus recommendation of “Buy” from the seven ratings firms that are presently covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a buy recommendation and three have assigned a strong buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $239.00.

Several brokerages have recently issued reports on CR. Stifel Nicolaus increased their target price on Crane from $215.00 to $242.00 and gave the stock a “buy” rating in a research report on Monday, July 20th. DA Davidson restated a “buy” rating and set a $245.00 price target on shares of Crane in a research report on Tuesday, September 15th. Deutsche Bank Aktiengesellschaft set a $240.00 price target on Crane in a research note on Tuesday, September 1st. Weiss Ratings upgraded Crane from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, October 9th. Finally, BMO Capital Markets assumed coverage on Crane in a report on Monday, July 20th. They issued an “outperform” rating and a $253.00 price objective for the company.

Insiders Place Their Bets

In other news, Director James Tullis sold 614 shares of the company’s stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $225.00, for a total transaction of $138,150.00. Following the completion of the sale, the director owned 5,421 shares of the company’s stock, valued at $1,219,725. This represents a 10.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.12% of the stock is currently owned by company insiders.

Institutional Trading of Crane

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Novem Group increased its holdings in Crane by 1.7% in the 3rd quarter. Novem Group now owns 5,746 shares of the conglomerate’s stock valued at $1,172,000 after purchasing an additional 96 shares during the last quarter. Kaufman Rossin Wealth LLC purchased a new position in shares of Crane in the 3rd quarter valued at about $248,000. IFP Advisors Inc grew its holdings in Crane by 109.1% during the 3rd quarter. IFP Advisors Inc now owns 1,305 shares of the conglomerate’s stock worth $266,000 after acquiring an additional 681 shares in the last quarter. Assenagon Asset Management S.A. grew its stake in shares of Crane by 241.2% during the third quarter. Assenagon Asset Management S.A. now owns 145,622 shares of the conglomerate’s stock worth $29,710,000 after purchasing an additional 102,948 shares in the last quarter. Finally, Curated Wealth Partners LLC purchased a new position in shares of Crane in the 3rd quarter valued at about $508,000. Institutional investors own 75.14% of the company’s stock.

Crane Stock Performance

NYSE CR opened at $206.03 on Tuesday. The company’s 50 day moving average is $205.92 and its 200-day moving average is $201.08. The firm has a market cap of $11.91 billion, a P/E ratio of 36.02, a price-to-earnings-growth ratio of 2.45 and a beta of 1.02. The company has a quick ratio of 1.84, a current ratio of 2.80 and a debt-to-equity ratio of 0.50. Crane has a 12-month low of $159.58 and a 12-month high of $230.50.

Crane (NYSE:CR) last announced its earnings results on Tuesday, July 28th. The conglomerate reported $1.79 earnings per share for the quarter, topping analysts’ consensus estimates of $1.68 by $0.11. The business had revenue of $724.70 million for 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 quarterly revenue was up 25.6% compared to the same quarter last year. During the same period in the prior year, the company earned $1.49 EPS. Crane has set its FY 2026 guidance at 6.850-7.050 EPS. Sell-side analysts predict that Crane will post 6.99 earnings per share for the current year.

Crane Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Monday, August 31st were issued a dividend of $0.2550 per share. This represents a $1.02 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, August 31st. Crane’s dividend payout ratio is presently 17.83%.

About Crane

Crane Company (NYSE: CR) is a diversified industrial technology company that develops and manufactures highly engineered products for aerospace, industrial, commercial and other specialized markets. The company serves customers worldwide through businesses focused on mission-critical components, systems and services.

Its Aerospace & Electronics segment supplies products such as sensing and control systems, aircraft components, power-management equipment and other electronic solutions for commercial and military aerospace applications.