Crane (NYSE:CR) Receives Average Recommendation of “Buy” from Analysts

Shares of Crane (NYSE:CR) have been assigned an average recommendation of “Buy” from the eight brokerages that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation, five have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $226.3333.

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

Insider Transactions at Crane

In other Crane news, Director Susan D. Lynch acquired 150 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The stock was acquired at an average cost of $177.38 per share, with a total value of $26,607.00. Following the acquisition, the director directly owned 370 shares of the company’s stock, valued at $65,630.60. This represents a 68.18% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.12% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. TD Capital Management LLC acquired a new position in shares of Crane during the fourth quarter valued at $27,000. Headlands Technologies LLC acquired a new stake in Crane in the second quarter worth about $29,000. Flagship Harbor Advisors LLC acquired a new stake in Crane in the fourth quarter worth about $33,000. Kelleher Financial Advisors bought a new position in Crane in the 3rd quarter valued at about $33,000. Finally, GHP Investment Advisors Inc. bought a new position in Crane in the 1st quarter valued at about $34,000. Institutional investors own 75.14% of the company’s stock.

Crane Stock Performance

Shares of NYSE:CR traded up $2.12 during trading on Friday, hitting $219.15. 253,116 shares of the company traded hands, compared to its average volume of 505,932. The company has a quick ratio of 0.88, a current ratio of 1.18 and a debt-to-equity ratio of 0.29. The business’s fifty day moving average is $196.54 and its 200-day moving average is $192.02. The stock has a market capitalization of $12.65 billion, a price-to-earnings ratio of 29.03, a PEG ratio of 1.93 and a beta of 1.01. Crane has a one year low of $159.58 and a one year high of $226.46.

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

Crane Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 29th were given a dividend of $0.255 per share. The ex-dividend date was Friday, May 29th. This represents a $1.02 annualized dividend and a dividend yield of 0.5%. Crane’s payout ratio is currently 18.35%.

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.