Crane (NYSE:CR) Given Consensus Rating of “Buy” by Analysts

Crane (NYSE:CR) has received an average rating of “Buy” from the eight brokerages that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating, five have given a buy rating and two have given a strong buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $224.00.

Several equities analysts have weighed in on the company. DA Davidson restated a “buy” rating and set a $235.00 price objective on shares of Crane in a research note on Thursday, January 29th. Stifel Nicolaus increased their target price on shares of Crane from $200.00 to $201.00 and gave the company a “hold” rating in a report on Friday, January 23rd. Wolfe Research set a $215.00 price target on shares of Crane and gave the company an “outperform” rating in a research report on Thursday, December 4th. CJS Securities upgraded shares of Crane to a “strong-buy” rating in a report on Thursday, December 11th. Finally, Wall Street Zen raised shares of Crane from a “hold” rating to a “buy” rating in a research report on Saturday, March 14th.

Insider Activity at Crane

In other Crane news, Director Susan D. Lynch acquired 150 shares of Crane stock in a transaction on Thursday, January 29th. The stock was purchased at an average price of $182.22 per share, for a total transaction of $27,333.00. Following the purchase, the director directly owned 220 shares of the company’s stock, valued at $40,088.40. This trade represents a 214.29% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Max H. Mitchell bought 1,000 shares of the firm’s stock in a transaction dated Friday, January 30th. The shares were acquired at an average cost 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 in the company, valued at approximately $75,443,634.57. The trade was a 0.24% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders bought a total of 5,464 shares of company stock valued at $987,470 in the last ninety days. Insiders own 2.12% of the company’s stock.

Hedge Funds Weigh In On Crane

Several institutional investors have recently added to or reduced their stakes in the stock. Hsbc Holdings PLC raised its position in Crane by 92.7% in the fourth quarter. Hsbc Holdings PLC now owns 113,556 shares of the conglomerate’s stock worth $21,198,000 after acquiring an additional 54,619 shares during the period. Rockefeller Capital Management L.P. grew its position in shares of Crane by 8.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 21,077 shares of the conglomerate’s stock valued at $3,887,000 after acquiring an additional 1,670 shares during the period. Corient Private Wealth LLC increased its stake in shares of Crane by 189.8% during the 4th quarter. Corient Private Wealth LLC now owns 37,722 shares of the conglomerate’s stock worth $6,957,000 after purchasing an additional 24,705 shares during the last quarter. TD Capital Management LLC bought a new stake in shares of Crane in the 4th quarter worth approximately $27,000. Finally, MidFirst Bank bought a new stake in shares of Crane in the 4th quarter worth approximately $352,000. Institutional investors own 75.14% of the company’s stock.

Crane Stock Performance

Shares of CR opened at $168.33 on Friday. The firm has a market capitalization of $9.71 billion, a P/E ratio of 22.29, a P/E/G ratio of 1.93 and a beta of 1.18. Crane has a 52 week low of $127.04 and a 52 week high of $214.31. The stock has a 50 day moving average price of $188.60 and a two-hundred day moving average price of $187.94. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.88 and a current ratio of 1.18.

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

Crane Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Friday, February 27th were issued a $0.255 dividend. This is a boost from Crane’s previous quarterly dividend of $0.23. This represents a $1.02 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Friday, February 27th. Crane’s dividend payout ratio is currently 16.32%.

Crane Company 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.