Crane (NYSE:CR) Issues Quarterly Earnings Results

Crane (NYSE:CR) released its earnings results on Tuesday. The conglomerate reported $2.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.82 by $0.23, FiscalAI reports. The business had revenue of $756.70 million for the quarter, compared to analyst estimates of $737.08 million. The business’s revenue for the quarter was up 28.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.64 EPS.

Crane Stock Performance

CR stock opened at $192.96 on Wednesday. The business has a fifty day simple moving average of $203.02 and a 200-day simple moving average of $198.33. Crane has a 52 week low of $159.58 and a 52 week high of $230.50.

Insiders Place Their Bets

In other Crane news, Director James Tullis sold 614 shares of the business’s stock in a transaction dated Thursday, August 13th. The stock was 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 approximately $1,219,725. The trade was a 10.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.12% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on CR shares. Stifel Nicolaus boosted their price target on Crane from $215.00 to $242.00 and gave the stock a “buy” rating in a report on Monday, July 20th. Weiss Ratings raised Crane from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, October 9th. DA Davidson reiterated a “buy” rating and issued a $245.00 target price on shares of Crane in a research note on Tuesday, September 15th. BMO Capital Markets started coverage on Crane in a research note on Monday, July 20th. They issued an “outperform” rating and a $253.00 price target on the stock. Finally, Deutsche Bank Aktiengesellschaft set a $240.00 price target on Crane in a report on Tuesday, September 1st. Three analysts have rated the stock with a Strong Buy rating and four have given a Buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $239.00.

Trending Headlines about Crane

Here are the key news stories impacting Crane this week:

• Positive Sentiment: Crane reported third-quarter adjusted EPS of $2.05, above the $1.82 consensus estimate, while sales rose 28.1% year over year to approximately $755 million, exceeding expectations of $737 million. Crane Q3 Adjusted Earnings, Sales Rise; Lifts 2026 Guidance
• Positive Sentiment: Management raised and narrowed its full-year 2026 adjusted EPS guidance to $7.23–$7.38, up from the prior range of $6.85–$7.05, signaling increased confidence in earnings performance. Crane Company Reports Third Quarter 2026 Results
• Positive Sentiment: Growth was broad-based: Aerospace & Advanced Technologies sales increased 27.4% and Process Flow Technologies sales rose 28.7%. Operating profit climbed 18.8% to $140.6 million, while operating cash flow reached $128.4 million. Crane Q3 Sales Rise 28.1% to $754.6 Million
• Positive Sentiment: Crane agreed to sell its U.K.-based Crane Building Services & Utilities business for £230 million, potentially providing cash for debt reduction, investment, or shareholder returns. The company also declared a $0.255-per-share quarterly dividend. Crane Q3 Sales Rise 28.1% to $754.6 Million
• Neutral Sentiment: Institutional ownership trends were mixed, with some large investors adding shares while others reduced positions, offering no clear near-term signal for CR.
• Negative Sentiment: Recent insider activity included two sales by an insider versus one purchase, a modest potential overhang, although the earnings beat and stronger guidance appear substantially more important to current sentiment.

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.