Crane (NYSE:CR) to Issue Quarterly Dividend of $0.26

Crane (NYSE:CR) declared a quarterly dividend on Tuesday, July 28th. Investors of record on Monday, August 31st will be paid a dividend of 0.255 per share by the conglomerate on Wednesday, September 9th. This represents a c) annualized dividend and a yield of 0.5%. The ex-dividend date is Monday, August 31st.

Crane has a payout ratio of 16.1% meaning its dividend is sufficiently covered by earnings. Research analysts expect Crane to earn $8.57 per share next year, which means the company should continue to be able to cover its $1.02 annual dividend with an expected future payout ratio of 11.9%.

Crane Trading Down 5.1%

Crane stock opened at $214.85 on Wednesday. The business has a 50 day moving average price of $206.75 and a two-hundred day moving average price of $194.66. The company has a quick ratio of 0.88, a current ratio of 1.18 and a debt-to-equity ratio of 0.29. Crane has a 12 month low of $159.58 and a 12 month high of $230.50. The stock has a market cap of $12.41 billion, a price-to-earnings ratio of 28.40, a price-to-earnings-growth ratio of 1.93 and a beta of 1.01.

Crane (NYSE:CR) last announced its quarterly earnings data on Tuesday, July 28th. The conglomerate reported $1.79 earnings per share for the quarter, topping the consensus estimate of $1.68 by $0.11. The company had revenue of $724.70 million for the quarter, compared to analyst estimates of $708.46 million. Crane had a return on equity of 24.45% and a net margin of 13.10%.Crane’s revenue for the quarter was up 25.6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.49 EPS. Crane has set its FY 2026 guidance at 6.850-7.050 EPS. As a group, equities analysts forecast that Crane will post 7.87 EPS for the current year.

Insider Transactions at Crane

In other 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 completion of the transaction, the director directly owned 370 shares in the company, valued at $65,630.60. This trade represents a 68.18% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.12% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Crane

A number of institutional investors and hedge funds have recently modified their holdings of the business. TD Capital Management LLC acquired a new stake in Crane during the 4th quarter worth $27,000. Headlands Technologies LLC acquired a new position in Crane in the second quarter valued at about $29,000. Flagship Harbor Advisors LLC acquired a new position in shares of Crane in the 4th quarter valued at approximately $33,000. Kelleher Financial Advisors acquired a new position in shares of Crane during the third quarter worth about $33,000. Finally, GHP Investment Advisors Inc. bought a new position in shares of Crane during the 1st quarter worth approximately $34,000. 75.14% of the stock is owned by institutional investors.

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.