Jason Feldman Sells 2,693 Shares of Crane (NYSE:CR) Stock

Crane (NYSE:CR) SVP Jason Feldman sold 2,693 shares of the stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $201.95, for a total transaction of $543,851.35. Following the transaction, the senior vice president owned 10,639 shares of the company’s stock, valued at $2,148,546.05. This represents a 20.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Crane Stock Performance

NYSE CR opened at $200.57 on Thursday. The firm has a market cap of $11.55 billion, a P/E ratio of 26.56, a price-to-earnings-growth ratio of 1.93 and a beta of 1.24. The company has a quick ratio of 0.88, a current ratio of 1.18 and a debt-to-equity ratio of 0.29. The company’s 50 day moving average is $194.57 and its 200-day moving average is $189.00. Crane has a 12-month low of $127.04 and a 12-month high of $214.31.

Crane (NYSE:CR) last released 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 business had revenue of $581.00 million during the quarter, compared to analyst estimates of $572.16 million. Crane had a net margin of 13.10% and a return on equity of 24.45%. Crane’s revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the business earned $1.38 EPS. Crane has set its FY 2026 guidance at 6.550-6.75 EPS. Sell-side analysts predict that Crane will post 7.87 earnings per share for the current year.

Crane Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 11th. Investors 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 dividend on an annualized basis and a yield of 0.5%. Crane’s payout ratio is currently 16.32%.

Institutional Trading of Crane

Hedge funds have recently made changes to their positions in the stock. First Horizon Corp bought a new position in Crane in the third quarter valued at $26,000. Headlands Technologies LLC bought a new position in shares of Crane during the 2nd quarter valued at about $29,000. Assetmark Inc. raised its holdings in shares of Crane by 57.9% during the 3rd quarter. Assetmark Inc. now owns 180 shares of the conglomerate’s stock valued at $33,000 after buying an additional 66 shares in the last quarter. Flagship Harbor Advisors LLC bought a new stake in Crane in the 4th quarter worth approximately $33,000. Finally, Kelleher Financial Advisors purchased a new stake in Crane in the third quarter worth approximately $33,000. 75.14% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

CR has been the topic of several analyst reports. Wolfe Research set a $215.00 price target on Crane and gave the company an “outperform” rating in a research report on Thursday, December 4th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Crane in a report on Monday, December 29th. DA Davidson reissued a “buy” rating and issued a $235.00 price target on shares of Crane in a report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $238.00 price target on shares of Crane in a report on Thursday, January 29th. Finally, CJS Securities raised Crane to a “strong-buy” rating in a research note on Thursday, December 11th. Two investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Crane presently has a consensus rating of “Buy” and a consensus price target of $224.00.

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.