Landscape Capital Management L.L.C. Purchases 4,108 Shares of Crane $CR

Landscape Capital Management L.L.C. increased its position in shares of Crane (NYSE:CRFree Report) by 58.5% in the 4th quarter, HoldingsChannel reports. The fund owned 11,132 shares of the conglomerate’s stock after acquiring an additional 4,108 shares during the period. Landscape Capital Management L.L.C.’s holdings in Crane were worth $2,053,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Headlands Technologies LLC bought a new position in shares of Crane during the 2nd quarter worth approximately $29,000. Assetmark Inc. raised its stake in shares of Crane by 57.9% during the 3rd quarter. Assetmark Inc. now owns 180 shares of the conglomerate’s stock worth $33,000 after acquiring an additional 66 shares in the last quarter. Flagship Harbor Advisors LLC bought a new position in shares of Crane during the 4th quarter worth approximately $33,000. Kelleher Financial Advisors bought a new position in shares of Crane during the 3rd quarter worth approximately $33,000. Finally, Financial Consulate Inc. raised its stake in shares of Crane by 100.0% during the 4th quarter. Financial Consulate Inc. now owns 200 shares of the conglomerate’s stock worth $37,000 after acquiring an additional 100 shares in the last quarter. Institutional investors own 75.14% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on CR shares. Wall Street Zen lowered shares of Crane from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. DA Davidson reiterated a “buy” rating and set a $235.00 price objective on shares of Crane in a research note on Monday, June 1st. Stifel Nicolaus upgraded shares of Crane from a “hold” rating to a “buy” rating and upped their price target for the company from $200.00 to $215.00 in a research note on Wednesday, April 29th. Finally, Weiss Ratings cut shares of Crane from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 4th. Two equities research 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’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $226.33.

Get Our Latest Research Report on CR

Insider Activity

In related news, Director Susan D. Lynch purchased 150 shares of the firm’s stock in a transaction on Thursday, April 30th. The stock was acquired at an average price of $177.38 per share, with a total value of $26,607.00. Following the completion of the acquisition, the director owned 370 shares in the company, valued at approximately $65,630.60. This represents a 68.18% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 2.12% of the company’s stock.

Crane Trading Up 0.2%

NYSE CR opened at $207.02 on Tuesday. The company has a fifty day simple moving average of $183.83 and a two-hundred day simple moving average of $187.96. The stock has a market cap of $11.95 billion, a P/E ratio of 27.42, a P/E/G ratio of 1.93 and a beta of 1.12. Crane has a 12-month low of $159.58 and a 12-month high of $214.31. The company has a current ratio of 1.18, a quick ratio of 0.88 and a debt-to-equity ratio of 0.29.

Crane (NYSE:CRGet Free Report) last posted its quarterly earnings results on Monday, April 27th. The conglomerate reported $1.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.44 by $0.21. The business had revenue of $696.40 million during the quarter, compared to analysts’ expectations of $672.74 million. Crane had a net margin of 13.10% and a return on equity of 24.45%. The business’s quarterly revenue was up 24.9% on a year-over-year basis. During the same quarter last year, the company posted $1.39 earnings per share. Crane has set its FY 2026 guidance at 6.650-6.850 EPS. On average, analysts forecast that Crane will post 7.87 earnings per share for the current year.

Crane Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 29th were issued a $0.255 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $1.02 dividend on an annualized basis and a dividend yield of 0.5%. Crane’s dividend payout ratio (DPR) is currently 18.35%.

Crane Company Profile

(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.

Further Reading

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Institutional Ownership by Quarter for Crane (NYSE:CR)

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