Insider Selling: Crane (NYSE:CR) Director Sells $82,152.00 in Stock

Crane (NYSE:CR) Director James L. Tullis sold 400 shares of Crane stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $205.38, for a total value of $82,152.00. Following the completion of the sale, the director owned 5,021 shares of the company’s stock, valued at approximately $1,031,212.98. The trade was a 7.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Crane Trading Down 0.4%

Crane stock traded down $0.71 during trading hours on Wednesday, reaching $199.30. 360,315 shares of the company’s stock traded hands, compared to its average volume of 494,680. The firm has a market capitalization of $11.52 billion, a price-to-earnings ratio of 34.84, a PEG ratio of 2.47 and a beta of 1.01. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.84 and a current ratio of 2.80. Crane has a fifty-two week low of $159.58 and a fifty-two week high of $230.50. The firm’s 50 day moving average is $216.59 and its 200-day moving average is $197.42.

Crane (NYSE:CR) last issued its quarterly earnings results on Tuesday, July 28th. The conglomerate reported $1.79 EPS for the quarter, topping the consensus estimate of $1.68 by $0.11. The company had revenue of $724.70 million during the quarter, compared to analysts’ expectations of $708.46 million. Crane had a net margin of 12.97% and a return on equity of 18.67%. Crane’s revenue was up 25.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.49 EPS. Crane has set its FY 2026 guidance at 6.850-7.050 EPS. On average, analysts predict that Crane will post 6.96 earnings per share for the current year.

Crane Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders 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 payout ratio is presently 17.83%.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on CR. Deutsche Bank Aktiengesellschaft set a $240.00 price objective on Crane in a research note on Tuesday. Wall Street Zen lowered Crane from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Weiss Ratings lowered Crane from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, August 27th. BMO Capital Markets assumed coverage on Crane in a research note on Monday, July 20th. They issued an “outperform” rating and a $253.00 price target for the company. Finally, DA Davidson lifted their price objective on shares of Crane from $235.00 to $245.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Three investment analysts have rated the stock with a Strong Buy rating and four have issued a Buy rating to the company. According to data from MarketBeat.com, Crane has a consensus rating of “Buy” and an average price target of $239.00.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Cresset Asset Management LLC increased its holdings in shares of Crane by 2.4% in the second quarter. Cresset Asset Management LLC now owns 3,245 shares of the conglomerate’s stock worth $616,000 after acquiring an additional 76 shares in the last quarter. Aviva PLC lifted its holdings in shares of Crane by 3.0% during the 4th quarter. Aviva PLC now owns 2,671 shares of the conglomerate’s stock valued at $493,000 after purchasing an additional 78 shares in the last quarter. Covestor Ltd lifted its holdings in shares of Crane by 16.1% during the 4th quarter. Covestor Ltd now owns 626 shares of the conglomerate’s stock valued at $116,000 after purchasing an additional 87 shares in the last quarter. State of Wyoming grew its position in shares of Crane by 36.6% in the 4th quarter. State of Wyoming now owns 381 shares of the conglomerate’s stock valued at $70,000 after purchasing an additional 102 shares during the period. Finally, Caerus Investment Advisors LLC increased its stake in Crane by 8.0% during the 4th quarter. Caerus Investment Advisors LLC now owns 1,478 shares of the conglomerate’s stock worth $273,000 after purchasing an additional 109 shares in the last quarter. 75.14% of the stock is owned by institutional investors and hedge funds.

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.