Corient Private Wealth LLC Buys 24,705 Shares of Crane $CR

Corient Private Wealth LLC grew its stake in Crane (NYSE:CR) by 189.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 37,722 shares of the conglomerate’s stock after acquiring an additional 24,705 shares during the quarter. Corient Private Wealth LLC’s holdings in Crane were worth $6,957,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Tudor Investment Corp ET AL grew its position in Crane by 314.8% during the 3rd quarter. Tudor Investment Corp ET AL now owns 74,801 shares of the conglomerate’s stock worth $13,774,000 after purchasing an additional 56,768 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Crane by 44.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 183,787 shares of the conglomerate’s stock worth $33,843,000 after acquiring an additional 56,324 shares during the last quarter. Citigroup Inc. lifted its position in Crane by 23.0% during the 3rd quarter. Citigroup Inc. now owns 33,480 shares of the conglomerate’s stock worth $6,165,000 after acquiring an additional 6,258 shares during the period. Hudson Bay Capital Management LP acquired a new stake in Crane during the 3rd quarter worth about $3,709,000. Finally, Geode Capital Management LLC grew its stake in Crane by 4.0% during the 4th quarter. Geode Capital Management LLC now owns 917,679 shares of the conglomerate’s stock valued at $169,282,000 after purchasing an additional 35,441 shares during the last quarter. 75.14% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on CR shares. Weiss Ratings lowered Crane from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 4th. Stifel Nicolaus upgraded Crane from a “hold” rating to a “buy” rating and upped their target price for the company from $200.00 to $215.00 in a research report on Wednesday, April 29th. DA Davidson reiterated a “buy” rating and issued a $235.00 price target on shares of Crane in a report on Monday, June 1st. Finally, Wall Street Zen cut shares of Crane from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. 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. According to MarketBeat, the company has an average rating of “Buy” and an average price target of $226.33.

Crane Trading Up 4.4%

Crane stock opened at $223.23 on Friday. The firm has a market cap of $12.89 billion, a PE ratio of 29.57, a P/E/G ratio of 1.93 and a beta of 1.12. Crane has a 12 month low of $159.58 and a 12 month high of $224.89. The stock’s 50 day simple moving average is $188.86 and its two-hundred day simple moving average is $189.68. The company has a current ratio of 1.18, a quick ratio of 0.88 and a debt-to-equity ratio of 0.29.

Crane (NYSE:CR) last posted its earnings results on Monday, April 27th. The conglomerate reported $1.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $0.21. Crane had a net margin of 13.10% and a return on equity of 24.45%. The firm had revenue of $696.40 million during the quarter, compared to analysts’ expectations of $672.74 million. During the same period in the previous year, the business posted $1.39 EPS. The business’s revenue was up 24.9% compared to the same quarter last year. Crane has set its FY 2026 guidance at 6.650-6.850 EPS. Analysts anticipate that Crane will post 7.87 earnings per share for the current year.

Crane Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 29th were paid a $0.255 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $1.02 dividend on an annualized basis and a yield of 0.5%. Crane’s dividend payout ratio (DPR) is currently 18.35%.

Insider Buying and Selling

In related news, Director Susan D. Lynch acquired 150 shares of Crane stock in a transaction on Thursday, April 30th. The stock was bought at an average cost of $177.38 per share, for a total transaction of $26,607.00. Following the completion of the transaction, the director owned 370 shares of the company’s stock, valued at approximately $65,630.60. The trade was a 68.18% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 2.12% of the company’s stock.

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.