Crane (NYSE:CR) Reaches New 12-Month High – Here’s What Happened

Crane (NYSE:CRGet Free Report) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $210.00 and last traded at $210.11, with a volume of 24354 shares. The stock had previously closed at $205.78.

Trending Headlines about Crane

Here are the key news stories impacting Crane this week:

  • Positive Sentiment: Quarterly beat and guidance — Crane reported $1.64 EPS vs. $1.46 expected and revenue above estimates; management set FY‑2025 EPS guidance at $5.75–$5.95 and the company shows strong ROE and net margin metrics, supporting the bullish move. CR stock MarketBeat profile
  • Neutral Sentiment: Representative Elijah Crane bills (e.g., H.R.6959, H.R.6941) were filed — these are legislative items tied to a person named Crane and do not relate to Crane, Inc.’s operations or financials. New Bill: Representative Elijah Crane introduces H.R. 6959
  • Neutral Sentiment: Yongmao tower crane legal update — court dates for Yongmao Holdings (a Singapore-based crane/tower manufacturer) were adjourned; this concerns a different company and should not materially affect Crane (CR). Yongmao Tower Crane Accident Cases in Hong Kong Adjourned to July 2026
  • Neutral Sentiment: Crane-related accidents and OSHA reports (SpaceX crane inspection, video of collapses) may increase headline noise and sector safety scrutiny but are unlikely to change Crane’s diversified industrial earnings profile in the near term. SpaceX didn’t properly inspect crane before collapse at Starbase, OSHA says
  • Negative Sentiment: Liquidity and valuation risks — today’s uptick is on below‑average volume, and CR trades at a mid‑teens P/E tail (P/E ~27.9) with PEG ~1.93; low volume and the stock’s elevated multiple increase volatility and downside risk if macro or execution issues surface. CR stock MarketBeat profile

Analyst Ratings Changes

CR has been the subject of several research reports. CJS Securities upgraded shares of Crane to a “strong-buy” rating in a research note on Thursday, December 11th. Wolfe Research set a $215.00 target price on shares of Crane and gave the company an “outperform” rating in a report on Thursday, December 4th. Stifel Nicolaus lowered their price target on Crane from $202.00 to $200.00 and set a “hold” rating for the company in a report on Tuesday, December 16th. Weiss Ratings restated a “buy (b-)” rating on shares of Crane in a research note on Monday, December 29th. Finally, DA Davidson set a $235.00 target price on Crane in a report on Thursday, October 30th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Crane has an average rating of “Buy” and a consensus price target of $221.83.

View Our Latest Research Report on Crane

Crane Stock Up 2.0%

The company has a market capitalization of $12.09 billion, a PE ratio of 27.81, a P/E/G ratio of 1.93 and a beta of 1.24. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.88 and a current ratio of 1.18. The firm has a fifty day simple moving average of $189.26 and a 200-day simple moving average of $188.15.

Crane (NYSE:CRGet Free Report) last issued its quarterly earnings results on Monday, October 27th. The conglomerate reported $1.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.46 by $0.18. The business had revenue of $589.20 million during the quarter, compared to analyst estimates of $578.54 million. Crane had a net margin of 13.10% and a return on equity of 24.45%. The business’s revenue was up .8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.38 earnings per share. Crane has set its FY 2025 guidance at 5.750-5.950 EPS. Equities research analysts anticipate that Crane will post 7.87 EPS for the current fiscal year.

Crane Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Friday, November 28th were paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Friday, November 28th. Crane’s dividend payout ratio (DPR) is 14.74%.

Institutional Investors Weigh In On Crane

A number of institutional investors have recently made changes to their positions in CR. Flagship Harbor Advisors LLC acquired a new position in Crane in the fourth quarter worth $33,000. Signaturefd LLC lifted its position in shares of Crane by 5.2% in the 4th quarter. Signaturefd LLC now owns 1,167 shares of the conglomerate’s stock worth $215,000 after buying an additional 58 shares during the last quarter. Perigon Wealth Management LLC acquired a new position in shares of Crane in the 4th quarter valued at about $217,000. Allspring Global Investments Holdings LLC raised its stake in Crane by 0.6% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 15,168 shares of the conglomerate’s stock worth $2,844,000 after acquiring an additional 84 shares during the period. Finally, Vaughan Nelson Investment Management L.P. lifted its holdings in Crane by 3.3% in the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 153,307 shares of the conglomerate’s stock worth $28,274,000 after acquiring an additional 4,915 shares during the last quarter. 75.14% of the stock is currently owned by institutional investors.

Crane Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Crane Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crane and related companies with MarketBeat.com's FREE daily email newsletter.