Janus Henderson Group PLC Boosts Holdings in Crane $CR

Janus Henderson Group PLC raised its holdings in Crane (NYSE:CR) by 24.5% during the 1st quarter, Holdings Channel reports. The firm owned 361,270 shares of the conglomerate’s stock after purchasing an additional 71,086 shares during the quarter. Janus Henderson Group PLC’s holdings in Crane were worth $61,777,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. TD Capital Management LLC purchased a new position in shares of Crane during the 4th quarter worth approximately $27,000. Headlands Technologies LLC acquired a new position in shares of Crane during the 2nd quarter worth approximately $29,000. Flagship Harbor Advisors LLC purchased a new stake in Crane in the 4th quarter valued at approximately $33,000. Kelleher Financial Advisors acquired a new stake in Crane during the 3rd quarter valued at $33,000. Finally, GHP Investment Advisors Inc. purchased a new stake in shares of Crane in the first quarter valued at $34,000. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Crane Price Performance

Crane stock opened at $214.16 on Friday. The company has a market cap of $12.37 billion, a price-to-earnings ratio of 28.37, a PEG ratio of 1.93 and a beta of 1.01. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.88 and a current ratio of 1.18. The firm has a 50 day moving average price of $208.90 and a 200 day moving average price of $194.94. Crane has a 1 year low of $159.58 and a 1 year high of $230.50.

Crane (NYSE:CR) last issued its earnings results on Tuesday, July 28th. The conglomerate reported $1.79 earnings per share for the quarter, topping the consensus estimate 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 24.45% and a net margin of 13.10%.The business’s quarterly revenue was up 25.6% on a year-over-year basis. During the same period last year, the company posted $1.49 EPS. Crane has set its FY 2026 guidance at 6.850-7.050 EPS. Sell-side analysts predict that Crane will post 7.87 earnings per share for the current year.

Crane Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of research firms recently commented on CR. DA Davidson lifted their price objective on Crane from $235.00 to $245.00 and gave the stock a “buy” rating in a research report on Thursday. Stifel Nicolaus upped their target price on shares of Crane from $215.00 to $242.00 and gave the company a “buy” rating in a report on Monday, July 20th. Weiss Ratings cut shares of Crane from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, May 4th. BMO Capital Markets started coverage on shares of Crane in a research report on Monday, July 20th. They issued an “outperform” rating and a $253.00 price objective for the company. Finally, Wall Street Zen downgraded shares of Crane from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Three equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average 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.