Crane (NYSE:CR) CEO Max Mitchell Acquires 1,000 Shares

Crane (NYSE:CRGet Free Report) CEO Max Mitchell bought 1,000 shares of the company’s stock in a transaction on Friday, January 30th. The shares were bought at an average price of $183.71 per share, with a total value of $183,710.00. Following the completion of the transaction, the chief executive officer owned 410,667 shares of the company’s stock, valued at $75,443,634.57. The trade was a 0.24% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Crane Stock Up 1.6%

Shares of Crane stock opened at $185.51 on Tuesday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.88 and a current ratio of 1.18. The stock has a market capitalization of $10.68 billion, a price-to-earnings ratio of 24.57, a P/E/G ratio of 1.93 and a beta of 1.24. Crane has a 52-week low of $127.04 and a 52-week high of $214.31. The company’s 50 day moving average price is $191.62 and its 200-day moving average price is $188.51.

Crane (NYSE:CRGet Free Report) last issued its quarterly earnings results on Monday, January 26th. The conglomerate reported $1.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.43 by $0.10. The company had revenue of $581.00 million during the quarter, compared to analysts’ expectations of $572.16 million. Crane had a net margin of 13.10% and a return on equity of 24.45%. Crane’s revenue was up 6.8% on a year-over-year basis. During the same period last year, the company posted $1.38 EPS. Crane has set its FY 2026 guidance at 6.550-6.75 EPS. Equities research analysts forecast that Crane will post 7.87 EPS for the current year.

Crane Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Friday, February 27th will be given a dividend of $0.255 per share. The ex-dividend date is Friday, February 27th. This is an increase from Crane’s previous quarterly dividend of $0.23. This represents a $1.02 annualized dividend and a dividend yield of 0.5%. Crane’s dividend payout ratio (DPR) is 16.32%.

Hedge Funds Weigh In On Crane

Several large investors have recently bought and sold shares of CR. Capital World Investors boosted its stake in Crane by 0.7% during the 3rd quarter. Capital World Investors now owns 2,944,444 shares of the conglomerate’s stock worth $542,190,000 after purchasing an additional 21,901 shares during the period. Norges Bank purchased a new stake in Crane during the 2nd quarter worth about $190,533,000. Geode Capital Management LLC grew its stake in Crane by 0.6% in the 2nd quarter. Geode Capital Management LLC now owns 864,230 shares of the conglomerate’s stock worth $164,135,000 after acquiring an additional 4,744 shares during the period. Invesco Ltd. grew its holdings in Crane by 2.3% in the 3rd quarter. Invesco Ltd. now owns 776,700 shares of the conglomerate’s stock valued at $143,022,000 after buying an additional 17,132 shares during the period. Finally, Select Equity Group L.P. raised its position in shares of Crane by 1.1% in the 2nd quarter. Select Equity Group L.P. now owns 736,943 shares of the conglomerate’s stock worth $139,938,000 after buying an additional 8,151 shares during the period. Institutional investors and hedge funds own 75.14% of the company’s stock.

Key Headlines Impacting Crane

Here are the key news stories impacting Crane this week:

  • Positive Sentiment: TipRanks highlights coordinated insider buys at Crane, noting multiple senior leaders increased positions on Feb. 2 — signaling management confidence after the recent quarter. TipRanks: Crane insiders buy
  • Positive Sentiment: CEO Max H. Mitchell purchased 1,000 shares at about $183.71 on Jan. 30 (increasing his stake modestly), a high‑visibility buy from the top executive. SEC Form 4: Max Mitchell
  • Positive Sentiment: Director Sanjay Kapoor bought 2,814 shares at roughly $177.68 on Jan. 29 (≈$500k), a material director-level purchase. SEC Form 4: Sanjay Kapoor
  • Positive Sentiment: Director Jennifer Pollino acquired 1,500 shares at about $184.29 on Jan. 29, further adding to insider accumulation. SEC Form 4: Jennifer Pollino
  • Positive Sentiment: Director Susan D. Lynch purchased 150 shares at about $182.22 on Jan. 29, representing a meaningful percentage increase in her holding. SEC Form 4: Susan Lynch
  • Neutral Sentiment: A QuiverQuant item reports fundraising by Representative Elijah Crane ($1.5M) — this appears to be a namesake political disclosure with no known connection to Crane Co.; treat it as unrelated to CR’s fundamentals. QuiverQuant: Elijah Crane fundraising

Analyst Ratings Changes

Several equities analysts have commented on the company. DA Davidson reaffirmed a “buy” rating and issued a $235.00 price objective on shares of Crane in a research report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $238.00 price objective on shares of Crane in a report on Thursday. CJS Securities upgraded shares of Crane to a “strong-buy” rating in a research note on Thursday, December 11th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Crane in a research note on Monday, December 29th. Finally, Stifel Nicolaus lifted their price objective on Crane from $200.00 to $201.00 and gave the stock a “hold” rating in a report on Friday, January 23rd. Two research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of $224.00.

Get Our Latest Stock Analysis on CR

Crane Company Profile

(Get 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.

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