Waverly Advisors LLC Takes Position in Crane $CR

Waverly Advisors LLC purchased a new position in shares of Crane (NYSE:CR) in the 2nd quarter, HoldingsChannel.com reports. The fund purchased 4,372 shares of the conglomerate’s stock, valued at approximately $975,000.

Other institutional investors have also added to or reduced their stakes in the company. Geode Capital Management LLC increased its position in Crane by 4.0% during the 4th quarter. Geode Capital Management LLC now owns 917,679 shares of the conglomerate’s stock worth $169,282,000 after buying an additional 35,441 shares during the period. Hsbc Holdings PLC lifted its holdings in shares of Crane by 92.7% during the fourth quarter. Hsbc Holdings PLC now owns 113,556 shares of the conglomerate’s stock worth $21,198,000 after buying an additional 54,619 shares in the last quarter. California State Teachers Retirement System boosted its position in shares of Crane by 21,021.6% in the second quarter. California State Teachers Retirement System now owns 12,301,418 shares of the conglomerate’s stock valued at $2,744,077,000 after acquiring an additional 12,243,177 shares during the period. Congruence Capital LLC bought a new stake in shares of Crane in the fourth quarter valued at about $18,604,000. Finally, Y Intercept Hong Kong Ltd increased its position in Crane by 210.3% during the first quarter. Y Intercept Hong Kong Ltd now owns 54,594 shares of the conglomerate’s stock worth $9,336,000 after acquiring an additional 37,001 shares during the period. 75.14% of the stock is currently owned by institutional investors.

Crane Stock Performance

Shares of Crane stock opened at $199.62 on Tuesday. Crane has a fifty-two week low of $159.58 and a fifty-two week high of $230.50. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.80 and a quick ratio of 1.84. The firm has a market capitalization of $11.54 billion, a P/E ratio of 34.90, a P/E/G ratio of 2.40 and a beta of 1.01. The company’s 50 day moving average price is $213.36 and its two-hundred day moving average price is $197.44.

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

Crane Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Monday, August 31st were given a dividend of $0.255 per share. The ex-dividend date was Monday, August 31st. This represents a $1.02 annualized dividend and a yield of 0.5%. Crane’s dividend payout ratio (DPR) is currently 17.83%.

Insiders Place Their Bets

In other Crane news, Director James Tullis sold 400 shares of the business’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $205.38, for a total transaction of $82,152.00. Following the sale, the director directly owned 5,021 shares of the company’s stock, valued at $1,031,212.98. The trade was a 7.38% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 2.12% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

CR has been the subject of a number of recent research reports. Weiss Ratings raised shares of Crane from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday. Stifel Nicolaus raised their target price on shares of Crane from $215.00 to $242.00 and gave the stock a “buy” rating in a report on Monday, July 20th. Deutsche Bank Aktiengesellschaft set a $240.00 price target on shares of Crane in a research report on Tuesday, September 1st. DA Davidson boosted their price target on Crane from $235.00 to $245.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Finally, BMO Capital Markets assumed coverage on Crane in a research report on Monday, July 20th. They set an “outperform” rating and a $253.00 price target on the stock. Three investment analysts have rated the stock with a Strong Buy rating and four have given a Buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $239.00.

Key Stories Impacting Crane

Here are the key news stories impacting Crane this week:

• Positive Sentiment: Crane agreed to acquire Trillium Flow Technologies’ U.S. pumps business for approximately $240 million, or about 14.6 times the unit’s earnings. The purchase adds highly engineered pump products and strengthens Crane’s exposure to potentially durable municipal water and wastewater demand. Crane acquisition announcement
• Positive Sentiment: The acquisition is consistent with Crane’s broader strategy of expanding its engineered industrial businesses. Investors may view the deal as supportive of long-term growth, though management has not provided specific guidance on the transaction’s immediate earnings impact. Trillium pumps sale announcement
• Neutral Sentiment: One analysis characterized Crane shares as near fair value following the pump deal. With the stock trading at roughly 35 times earnings and below its 50-day average, investors may be weighing the acquisition’s strategic benefits against the premium valuation and execution risk. Crane valuation analysis
• Neutral Sentiment: Reports about crane collapses and construction-site accidents in Miami do not involve Crane Company or its industrial products and should not materially affect CR. Coverage of Crane NXT and newly unveiled XCMG equipment also concerns separate companies.

Crane Company Profile

Crane Company (NYSE: CR) is a diversified industrial technology company that develops and manufactures highly engineered products for aerospace, process industries, and payment and merchandising applications. Its offerings are used in demanding operating environments where reliability, safety, and specialized performance are important.

The company operates through businesses focused on aerospace and electronics, process flow technologies, and payment and merchandising technologies. Its products include aerospace components and systems, engineered valves and pumps, fluid-handling equipment, payment acceptance and vending solutions, and related technologies used by commercial, industrial, and infrastructure customers.

Crane traces its origins to 1855, when Richard Teller Crane established the company in Chicago.