Crane (NYSE:CR) Receives $226.33 Consensus PT from Analysts

Shares of Crane (NYSE:CR) have received an average recommendation of “Buy” from the eight ratings firms that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating, five have assigned a buy rating and two have issued a strong buy rating on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $226.3333.

A number of equities research analysts have commented on the stock. Wall Street Zen cut shares of Crane from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Weiss Ratings cut shares of Crane from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, May 4th. Stifel Nicolaus upgraded shares of Crane from a “hold” rating to a “buy” rating and raised their target price for the stock from $200.00 to $215.00 in a research note on Wednesday, April 29th. DA Davidson restated a “buy” rating and set a $235.00 target price on shares of Crane in a research note on Tuesday, April 28th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $238.00 price objective on shares of Crane in a research note on Thursday, January 29th.

Insider Transactions at Crane

In related news, Director Susan D. Lynch acquired 150 shares of Crane stock in a transaction dated Thursday, April 30th. The shares were purchased at an average price of $177.38 per share, for a total transaction of $26,607.00. Following the completion of the transaction, the director directly 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 legal filing with the Securities & Exchange Commission, which is available through the SEC website. 2.12% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Crane

Several institutional investors and hedge funds have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. raised its position in shares of Crane by 289,020.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,855,409 shares of the conglomerate’s stock valued at $1,448,773,000 after buying an additional 7,852,692 shares during the last quarter. Capital World Investors raised its position in shares of Crane by 1.7% during the fourth quarter. Capital World Investors now owns 2,993,123 shares of the conglomerate’s stock valued at $552,022,000 after buying an additional 48,679 shares during the last quarter. Norges Bank bought a new stake in shares of Crane during the fourth quarter valued at approximately $198,509,000. Geode Capital Management LLC raised its position in shares of Crane by 4.0% during the fourth quarter. Geode Capital Management LLC now owns 917,679 shares of the conglomerate’s stock valued at $169,282,000 after buying an additional 35,441 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of Crane by 0.4% during the first quarter. Dimensional Fund Advisors LP now owns 845,961 shares of the conglomerate’s stock valued at $144,622,000 after buying an additional 3,678 shares during the last quarter. Institutional investors own 75.14% of the company’s stock.

Crane Price Performance

Shares of NYSE:CR opened at $179.44 on Friday. The firm’s 50 day moving average price is $178.13 and its 200-day moving average price is $187.08. Crane has a twelve month low of $159.58 and a twelve month high of $214.31. 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 $10.36 billion, a PE ratio of 23.77, a price-to-earnings-growth ratio of 1.93 and a beta of 1.15.

Crane (NYSE:CR) last released its earnings results on Monday, April 27th. The conglomerate reported $1.65 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.21. Crane had a net margin of 13.10% and a return on equity of 24.45%. The company had revenue of $696.40 million for the quarter, compared to analysts’ expectations of $672.74 million. During the same quarter last year, the business earned $1.39 EPS. The firm’s revenue was up 24.9% compared to the same quarter last year. Crane has set its FY 2026 guidance at 6.650-6.850 EPS. Equities research analysts expect that Crane will post 7.87 EPS for the current year.

Crane Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 29th will be issued a $0.255 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $1.02 dividend on an annualized basis and a yield of 0.6%. Crane’s payout ratio is currently 18.35%.

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.