West Family Investments Inc. Makes New $642,000 Investment in Crane $CR

West Family Investments Inc. purchased a new stake in shares of Crane (NYSE:CR) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 2,879 shares of the conglomerate’s stock, valued at approximately $642,000.

Other institutional investors also recently modified their holdings of the company. TD Capital Management LLC acquired a new stake in Crane in the fourth quarter valued at $27,000. Headlands Technologies LLC acquired a new stake in shares of Crane in the second quarter valued at about $29,000. Kelleher Financial Advisors acquired a new stake in shares of Crane in the third quarter valued at about $33,000. GHP Investment Advisors Inc. acquired a new position in shares of Crane in the first quarter worth approximately $34,000. Finally, IFP Advisors Inc raised its holdings in Crane by 193.7% during the 4th quarter. IFP Advisors Inc now owns 232 shares of the conglomerate’s stock worth $43,000 after purchasing an additional 153 shares during the last quarter. Institutional investors own 75.14% of the company’s stock.

Crane Stock Down 1.0%

CR stock traded down $2.00 during trading on Tuesday, reaching $202.69. 282,798 shares of the stock were exchanged, compared to its average volume of 491,966. The firm’s 50 day moving average is $215.25 and its 200 day moving average is $197.50. The firm has a market cap of $11.72 billion, a P/E ratio of 35.44, a price-to-earnings-growth ratio of 2.44 and a beta of 1.01. The company has a current ratio of 2.80, a quick ratio of 1.84 and a debt-to-equity ratio of 0.50. Crane has a twelve month low of $159.58 and a twelve month high of $230.50.

Crane (NYSE:CR) last announced its quarterly earnings data on Tuesday, July 28th. The conglomerate reported $1.79 EPS for the quarter, beating analysts’ consensus estimates of $1.68 by $0.11. Crane had a return on equity of 18.67% and a net margin of 12.97%.The firm had revenue of $724.70 million during the quarter, compared to analysts’ expectations of $708.46 million. During the same quarter last year, the firm posted $1.49 earnings per share. The company’s revenue for the quarter was up 25.6% compared to the same quarter last year. Crane has set its FY 2026 guidance at 6.850-7.050 EPS. As a group, research analysts forecast that Crane will post 6.99 EPS for the current year.

Crane Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders 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 17.83%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. BMO Capital Markets began coverage on shares of Crane in a research report on Monday, July 20th. They set an “outperform” rating and a $253.00 price objective for the company. Deutsche Bank Aktiengesellschaft set a $240.00 price target on shares of Crane in a research report on Tuesday, September 1st. Stifel Nicolaus lifted their price objective on Crane from $215.00 to $242.00 and gave the stock a “buy” rating in a research report on Monday, July 20th. Weiss Ratings downgraded Crane from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, August 27th. Finally, DA Davidson raised their target price on Crane from $235.00 to $245.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Three equities research analysts have rated the stock with a Strong Buy rating and four have assigned a Buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $239.00.

Insider Activity

In other news, Director James Tullis sold 614 shares of Crane 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 transaction, the director directly owned 5,421 shares in the company, valued at $1,219,725. This trade represents a 10.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.12% of the stock is owned by corporate insiders.

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.