Crane (NYSE:CR) Upgraded by Wall Street Zen to “Buy” Rating

Crane (NYSE:CR) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday.

Other analysts have also recently issued research reports about the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $238.00 price objective on shares of Crane in a research report on Thursday, January 29th. CJS Securities raised Crane to a “strong-buy” rating in a research report on Thursday, December 11th. Stifel Nicolaus raised 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. DA Davidson restated a “buy” rating and set a $235.00 price target on shares of Crane in a research note on Thursday, January 29th. Finally, Wolfe Research set a $215.00 price objective on shares of Crane and gave the company an “outperform” rating in a report on Thursday, December 4th. Two investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $224.00.

Crane Trading Down 4.4%

NYSE CR opened at $171.42 on Friday. Crane has a 52 week low of $127.04 and a 52 week high of $214.31. The company has a 50 day moving average price of $197.58 and a 200 day moving average price of $189.41. 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 firm has a market cap of $9.89 billion, a PE ratio of 22.70, a price-to-earnings-growth ratio of 1.93 and a beta of 1.18.

Crane (NYSE:CR) last announced its earnings results on Monday, January 26th. The conglomerate reported $1.53 earnings per share for the quarter, beating the consensus estimate of $1.43 by $0.10. Crane had a net margin of 13.10% and a return on equity of 24.45%. The company had revenue of $581.00 million during the quarter, compared to the consensus estimate of $572.16 million. During the same period last year, the firm earned $1.38 earnings per share. Crane’s revenue was up 6.8% compared to the same quarter last year. Crane has set its FY 2026 guidance at 6.550-6.75 EPS. As a group, sell-side analysts forecast that Crane will post 7.87 EPS for the current fiscal year.

Insider Activity at Crane

In other news, Director Susan D. Lynch acquired 150 shares of the business’s stock in a transaction dated Thursday, January 29th. The shares were acquired at an average cost of $182.22 per share, with a total value of $27,333.00. Following the completion of the acquisition, the director owned 220 shares of the company’s stock, valued at approximately $40,088.40. This trade represents a 214.29% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Sanjay Kapoor acquired 2,814 shares of Crane stock in a transaction dated Thursday, January 29th. The stock was purchased at an average price of $177.68 per share, with a total value of $499,991.52. Following the completion of the purchase, the director owned 2,814 shares of the company’s stock, valued at approximately $499,991.52. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have acquired a total of 5,464 shares of company stock worth $987,470 in the last quarter. 2.12% of the stock is owned by insiders.

Hedge Funds Weigh In On Crane

Hedge funds and other institutional investors have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. lifted its stake in Crane by 289,020.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 7,855,409 shares of the conglomerate’s stock valued at $1,448,773,000 after acquiring an additional 7,852,692 shares during the period. Norges Bank acquired a new stake in shares of Crane in the fourth quarter worth $198,509,000. Freestone Grove Partners LP purchased a new position in shares of Crane during the fourth quarter worth $76,171,000. AQR Capital Management LLC raised its holdings in shares of Crane by 85.6% during the fourth quarter. AQR Capital Management LLC now owns 799,864 shares of the conglomerate’s stock worth $147,519,000 after purchasing an additional 368,816 shares during the last quarter. Finally, Federated Hermes Inc. lifted its position in Crane by 4,412.6% during the fourth quarter. Federated Hermes Inc. now owns 240,836 shares of the conglomerate’s stock valued at $44,417,000 after purchasing an additional 235,499 shares during the period. Institutional investors and hedge funds own 75.14% of the company’s stock.

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.