West Family Investments Inc. Buys New Position in Crane $CR

West Family Investments Inc. purchased a new stake in Crane (NYSE:CR) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,879 shares of the conglomerate’s stock, valued at approximately $642,000.

A number of other hedge funds have also recently bought and sold shares of CR. TD Capital Management LLC bought a new stake in shares of Crane in the 4th quarter worth $27,000. Headlands Technologies LLC purchased a new position in Crane during the second quarter worth about $29,000. Kelleher Financial Advisors bought a new stake in Crane in the 3rd quarter worth about $33,000. GHP Investment Advisors Inc. purchased a new stake in Crane in the 1st quarter valued at about $34,000. Finally, IFP Advisors Inc lifted its position in shares of Crane by 193.7% during the 4th quarter. IFP Advisors Inc now owns 232 shares of the conglomerate’s stock worth $43,000 after buying an additional 153 shares in the last quarter. 75.14% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Weiss Ratings lowered Crane from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, August 27th. Deutsche Bank Aktiengesellschaft set a $240.00 price target on shares of Crane in a research note on Tuesday, September 1st. Stifel Nicolaus increased their price objective on Crane from $215.00 to $242.00 and gave the company a “buy” rating in a report on Monday, July 20th. BMO Capital Markets started coverage on Crane in a research report on Monday, July 20th. They set an “outperform” rating and a $253.00 price target on the stock. Finally, DA Davidson boosted their price objective on Crane from $235.00 to $245.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Three research analysts have rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company. Based on data from MarketBeat, Crane has a consensus rating of “Buy” and a consensus target price of $239.00.

Insider Buying and Selling at Crane

In other news, Director James Tullis sold 400 shares of Crane stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $205.38, for a total transaction of $82,152.00. Following the completion of the sale, the director owned 5,021 shares in the company, valued at approximately $1,031,212.98. This trade represents a 7.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 2.12% of the stock is currently owned by insiders.

Crane Price Performance

Crane stock traded down $2.00 during midday trading on Tuesday, reaching $202.69. 282,798 shares of the stock were exchanged, compared to its average volume of 491,966. The company’s fifty day moving average is $215.25 and its 200-day moving average is $197.50. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.84 and a current ratio of 2.80. Crane has a 52 week low of $159.58 and a 52 week high of $230.50. The firm has a market cap of $11.72 billion, a PE ratio of 35.44, a PEG ratio of 2.44 and a beta of 1.01.

Crane (NYSE:CR) last released its quarterly earnings results on Tuesday, July 28th. The conglomerate reported $1.79 EPS for the quarter, beating analysts’ consensus estimates of $1.68 by $0.11. The firm had revenue of $724.70 million during the quarter, compared to analyst estimates of $708.46 million. Crane had a net margin of 12.97% and a return on equity of 18.67%. The business’s revenue for the quarter was up 25.6% on a year-over-year basis. During the same period in the previous year, the business earned $1.49 EPS. Crane has set its FY 2026 guidance at 6.850-7.050 EPS. On average, sell-side analysts forecast that Crane will post 6.99 EPS for the current year.

Crane Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Monday, August 31st will be paid a $0.255 dividend. This represents a $1.02 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Monday, August 31st. Crane’s dividend payout ratio is currently 17.83%.

Crane 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.