Crane (NYSE:CR – Get Free Report) updated its FY 2026 earnings guidance on Monday. The company provided earnings per share guidance of 6.550-6.75 for the period, compared to the consensus earnings per share estimate of 6.620. The company issued revenue guidance of $2.8 billion-$2.9 billion, compared to the consensus revenue estimate of $2.7 billion.
Analyst Ratings Changes
A number of equities research analysts have weighed in on the stock. Wolfe Research set a $215.00 price target on shares of Crane and gave the company an “outperform” rating in a report on Thursday, December 4th. CJS Securities upgraded shares of Crane to a “strong-buy” rating in a report on Thursday, December 11th. DA Davidson set a $235.00 target price on shares of Crane in a research note on Thursday, October 30th. Stifel Nicolaus lifted their price target on shares of Crane from $200.00 to $201.00 and gave the stock a “hold” rating in a research report on Friday. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Crane in a report on Monday, December 29th. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Crane presently has a consensus rating of “Buy” and an average price target of $222.00.
View Our Latest Stock Report on Crane
Crane Stock Up 2.7%
Crane (NYSE:CR – Get Free Report) last posted its quarterly earnings results on Monday, January 26th. The conglomerate reported $1.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.43 by $0.10. Crane had a net margin of 13.10% and a return on equity of 24.45%. The business had revenue of $581.00 million during the quarter, compared to analyst estimates of $572.16 million. During the same period in the prior year, the firm earned $1.38 earnings per share. Crane has set its FY 2026 guidance at 6.550-6.75 EPS. Sell-side analysts predict that Crane will post 7.87 EPS for the current year.
Hedge Funds Weigh In On Crane
A number of hedge funds have recently added to or reduced their stakes in the company. Headlands Technologies LLC acquired a new stake in shares of Crane in the second quarter valued at about $29,000. Kelleher Financial Advisors bought a new stake in Crane during the 3rd quarter valued at approximately $33,000. Measured Wealth Private Client Group LLC acquired a new stake in Crane in the 3rd quarter valued at approximately $45,000. Danske Bank A S bought a new position in Crane in the 3rd quarter worth approximately $74,000. Finally, Quarry LP acquired a new position in Crane during the 3rd quarter valued at $140,000. Institutional investors and hedge funds own 75.14% 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.
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