Crane $CR Position Boosted by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL boosted its holdings in Crane (NYSE:CR) by 314.8% during the 3rd quarter, Holdings Channel reports. The fund owned 74,801 shares of the conglomerate’s stock after acquiring an additional 56,768 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Crane were worth $13,774,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in the business. First Horizon Corp acquired a new position in Crane during the 3rd quarter worth $26,000. Headlands Technologies LLC acquired a new position in shares of Crane during the second quarter valued at $29,000. Assetmark Inc. increased its holdings in shares of Crane by 57.9% during the third quarter. Assetmark Inc. now owns 180 shares of the conglomerate’s stock valued at $33,000 after purchasing an additional 66 shares during the period. Kelleher Financial Advisors bought a new stake in shares of Crane during the third quarter valued at about $33,000. Finally, Measured Wealth Private Client Group LLC bought a new stake in shares of Crane during the third quarter valued at about $45,000. Institutional investors own 75.14% of the company’s stock.

Crane Stock Performance

Shares of NYSE CR opened at $168.00 on Friday. 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 stock has a market capitalization of $9.69 billion, a price-to-earnings ratio of 22.25, a PEG ratio of 1.93 and a beta of 1.18. The stock’s fifty day simple moving average is $195.21 and its 200 day simple moving average is $188.87. Crane has a 52-week low of $127.04 and a 52-week high of $214.31.

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

Crane Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Friday, February 27th were issued a dividend of $0.255 per share. This represents a $1.02 annualized dividend and a yield of 0.6%. The ex-dividend date was Friday, February 27th. This is a boost from Crane’s previous quarterly dividend of $0.23. Crane’s dividend payout ratio is presently 16.32%.

Wall Street Analyst Weigh In

CR has been the topic of several research analyst reports. CJS Securities raised shares of Crane to a “strong-buy” rating in a research note on Thursday, December 11th. Wall Street Zen upgraded shares of Crane from a “hold” rating to a “buy” rating in a research report on Saturday, March 14th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $238.00 price objective on shares of Crane in a report on Thursday, January 29th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Crane in a research note on Monday, December 29th. Finally, Wolfe Research set a $215.00 target price on Crane and gave the stock an “outperform” rating in a report on Thursday, December 4th. Two investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $224.00.

Insider Activity at Crane

In other news, CEO Max H. Mitchell purchased 1,000 shares of Crane stock in a transaction that occurred on Friday, January 30th. The stock was acquired at an average price of $183.71 per share, for a total transaction of $183,710.00. Following the transaction, the chief executive officer owned 410,667 shares in the company, valued at $75,443,634.57. The trade was a 0.24% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Jason D. Feldman sold 2,693 shares of the stock in a transaction on Friday, February 13th. The shares were sold at an average price of $201.95, for a total value of $543,851.35. Following the completion of the sale, the senior vice president owned 10,639 shares of the company’s stock, valued at $2,148,546.05. The trade was a 20.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders bought 5,464 shares of company stock valued at $987,470. Corporate insiders own 2.12% of the company’s stock.

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.