Capital International Investors reduced its holdings in shares of Crane (NYSE:CR – Free Report) by 51.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 421,616 shares of the conglomerate’s stock after selling 453,014 shares during the quarter. Capital International Investors’ holdings in Crane were worth $77,759,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Headlands Technologies LLC purchased a new position in shares of Crane during the 2nd quarter valued at approximately $29,000. Assetmark Inc. raised its position 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 in the last quarter. Flagship Harbor Advisors LLC acquired a new stake in shares of Crane during the 4th quarter valued at approximately $33,000. Kelleher Financial Advisors acquired a new stake in shares of Crane during the 3rd quarter valued at approximately $33,000. Finally, Financial Consulate Inc. raised its position in shares of Crane by 100.0% during the 4th quarter. Financial Consulate Inc. now owns 200 shares of the conglomerate’s stock valued at $37,000 after acquiring an additional 100 shares in the last quarter. 75.14% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several equities research analysts recently issued reports on the company. Wall Street Zen lowered Crane from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Stifel Nicolaus raised 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 report on Wednesday, April 29th. DA Davidson reissued a “buy” rating and set a $235.00 price target on shares of Crane in a research report on Monday, June 1st. Finally, Weiss Ratings lowered Crane from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, May 4th. Two 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. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $226.33.
Crane Price Performance
Shares of CR opened at $192.93 on Tuesday. The company has a market cap of $11.14 billion, a P/E ratio of 25.55, a PEG ratio of 1.93 and a beta of 1.12. The stock has a fifty day moving average price of $180.27 and a 200 day moving average price of $187.11. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.18 and a quick ratio of 0.88. Crane has a 12 month low of $159.58 and a 12 month high of $214.31.
Crane (NYSE:CR – Get Free Report) last issued its quarterly earnings data on Monday, April 27th. The conglomerate reported $1.65 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.21. The firm had revenue of $696.40 million during the quarter, compared to the consensus estimate of $672.74 million. Crane had a return on equity of 24.45% and a net margin of 13.10%.The firm’s revenue was up 24.9% on a year-over-year basis. During the same period in the prior year, the business earned $1.39 EPS. Crane has set its FY 2026 guidance at 6.650-6.850 EPS. On average, research analysts forecast that Crane will post 7.87 earnings per share for the current year.
Crane Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 29th will be paid a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Friday, May 29th. Crane’s dividend payout ratio is presently 18.35%.
Insider Buying and Selling
In related news, Director Susan D. Lynch acquired 150 shares of the stock in a transaction that occurred on Thursday, April 30th. The stock was purchased at an average cost of $177.38 per share, for a total transaction of $26,607.00. Following the purchase, the director directly owned 370 shares in the company, valued at $65,630.60. This represents a 68.18% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 2.12% of the stock is currently owned by insiders.
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.
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