Crane (NYSE:CR) SVP Sells $543,851.35 in Stock

Crane (NYSE:CR) SVP Jason Feldman sold 2,693 shares of Crane stock in a transaction on Friday, February 13th. The stock was sold at an average price of $201.95, for a total transaction of $543,851.35. Following the sale, the senior vice president directly owned 10,639 shares of the company’s stock, valued at approximately $2,148,546.05. This trade represents a 20.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Crane Stock Down 0.0%

Crane stock traded down $0.04 during midday trading on Tuesday, reaching $200.48. The company’s stock had a trading volume of 586,636 shares, compared to its average volume of 542,727. The company has a market cap of $11.55 billion, a P/E ratio of 26.55, a P/E/G ratio of 1.93 and a beta of 1.24. 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 has a 50-day simple moving average of $194.07 and a 200-day simple moving average of $188.87. Crane has a fifty-two week low of $127.04 and a fifty-two week high of $214.31.

Crane (NYSE:CR) last released its quarterly earnings data on Monday, January 26th. The conglomerate reported $1.53 EPS for the quarter, beating analysts’ consensus estimates of $1.43 by $0.10. The business had revenue of $581.00 million for the quarter, compared to the consensus estimate of $572.16 million. Crane had a return on equity of 24.45% and a net margin of 13.10%.The business’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.38 EPS. Crane has set its FY 2026 guidance at 6.550-6.75 EPS. On average, research analysts expect that Crane will post 7.87 earnings per share for the current fiscal year.

Crane Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Friday, February 27th will be paid a dividend of $0.255 per share. This is a positive change from Crane’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Friday, February 27th. This represents a $1.02 annualized dividend and a dividend yield of 0.5%. Crane’s dividend payout ratio is presently 16.32%.

Institutional Trading of Crane

A number of institutional investors have recently added to or reduced their stakes in the business. First Horizon Corp acquired a new position in shares of Crane during the 3rd quarter worth $26,000. Headlands Technologies LLC bought a new stake in shares of Crane during the 2nd quarter worth about $29,000. Assetmark Inc. increased its holdings in shares of Crane by 57.9% during the 3rd quarter. Assetmark Inc. now owns 180 shares of the conglomerate’s stock valued at $33,000 after acquiring an additional 66 shares during the last quarter. Flagship Harbor Advisors LLC bought a new stake in Crane during the fourth quarter worth approximately $33,000. Finally, Kelleher Financial Advisors bought a new position in shares of Crane in the third quarter valued at approximately $33,000. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Wolfe Research set a $215.00 price target on shares of Crane and gave the company an “outperform” rating in a research report on Thursday, December 4th. DA Davidson reiterated a “buy” rating and set a $235.00 price target on shares of Crane in a report on Thursday, January 29th. Weiss Ratings reissued a “buy (b-)” rating on shares of Crane in a research note on Monday, December 29th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $238.00 target price on shares of Crane in a research note on Thursday, January 29th. Finally, CJS Securities upgraded Crane to a “strong-buy” rating in a report on Thursday, December 11th. 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 stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $224.00.

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.