Capital International Investors Has $161.05 Million Position in Crane $CR

Capital International Investors decreased its holdings in shares of Crane (NYSE:CR) by 37.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 874,630 shares of the conglomerate’s stock after selling 525,435 shares during the period. Capital International Investors owned approximately 1.52% of Crane worth $161,054,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in CR. First Horizon Corp acquired a new position in shares of Crane during the third quarter valued at about $26,000. Headlands Technologies LLC acquired a new stake in shares of Crane in the 2nd quarter worth about $29,000. Assetmark Inc. lifted its position in Crane by 57.9% in 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. Parkside Financial Bank & Trust lifted its position in Crane by 63.4% in the 2nd quarter. Parkside Financial Bank & Trust now owns 219 shares of the conglomerate’s stock valued at $42,000 after acquiring an additional 85 shares in the last quarter. Finally, State of Wyoming boosted its stake in Crane by 217.0% during the 3rd quarter. State of Wyoming now owns 279 shares of the conglomerate’s stock valued at $51,000 after purchasing an additional 191 shares during the last quarter. 75.14% of the stock is owned by institutional investors.

Crane Price Performance

Crane stock opened at $187.96 on Thursday. 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 $197.99 and its two-hundred day moving average price is $189.63. 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 cap of $10.84 billion, a P/E ratio of 24.90, a P/E/G ratio of 1.93 and a beta of 1.18.

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

Crane Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Friday, February 27th were paid a $0.255 dividend. This is a boost from Crane’s previous quarterly dividend of $0.23. The ex-dividend date was Friday, February 27th. This represents a $1.02 dividend on an annualized basis and a yield of 0.5%. Crane’s dividend payout ratio is currently 16.32%.

Analyst Ratings Changes

CR has been the subject of a number of recent research reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Crane in a report on Monday, December 29th. Wolfe Research set a $215.00 target price on Crane and gave the company an “outperform” rating in a research report on Thursday, December 4th. Stifel Nicolaus upped their price target on Crane from $200.00 to $201.00 and gave the stock a “hold” rating in a report on Friday, January 23rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $238.00 price target on shares of Crane in a research report on Thursday, January 29th. Finally, CJS Securities upgraded Crane to a “strong-buy” rating in a research note on Thursday, December 11th. Two analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $224.00.

Insider Activity

In other news, SVP Jason D. Feldman sold 2,693 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $201.95, for a total transaction of $543,851.35. Following the completion of the sale, the senior vice president directly owned 10,639 shares of the company’s stock, valued at $2,148,546.05. This trade represents a 20.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Susan D. Lynch bought 150 shares of the stock in a transaction dated Thursday, January 29th. The shares were acquired at an average price of $182.22 per share, for a total transaction of $27,333.00. Following the completion of the purchase, the director directly owned 220 shares in the company, valued at approximately $40,088.40. This trade represents a 214.29% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders bought 5,464 shares of company stock worth $987,470. 2.12% of the stock is 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.