Fox Run Management L.L.C. Buys New Holdings in Crane $CR

Fox Run Management L.L.C. purchased a new position in Crane (NYSE:CR) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 7,598 shares of the conglomerate’s stock, valued at approximately $1,399,000.

A number of other large investors also recently modified their holdings of CR. Royal Bank of Canada lifted its position in shares of Crane by 27.4% during the 1st quarter. Royal Bank of Canada now owns 22,060 shares of the conglomerate’s stock worth $3,379,000 after purchasing an additional 4,749 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in Crane by 23.6% in the first quarter. Goldman Sachs Group Inc. now owns 440,817 shares of the conglomerate’s stock valued at $67,524,000 after buying an additional 84,278 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Crane by 3.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 136,776 shares of the conglomerate’s stock worth $20,951,000 after buying an additional 4,217 shares during the last quarter. Focus Partners Wealth lifted its holdings in Crane by 17.0% during the 1st quarter. Focus Partners Wealth now owns 1,696 shares of the conglomerate’s stock worth $257,000 after buying an additional 246 shares during the last quarter. Finally, Sivia Capital Partners LLC acquired a new position in shares of Crane during the 2nd quarter worth about $207,000. 75.14% of the stock is owned by hedge funds and other institutional investors.

Crane Trading Up 1.8%

NYSE CR opened at $204.39 on Wednesday. Crane has a one year low of $127.04 and a one year high of $214.31. The firm has a market cap of $11.77 billion, a PE ratio of 27.07, a P/E/G ratio of 1.93 and a beta of 1.24. The firm’s fifty day moving average is $195.56 and its two-hundred day moving average is $189.20. 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 released its quarterly earnings results on Monday, January 26th. The conglomerate reported $1.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.43 by $0.10. The firm had revenue of $581.00 million for 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%.The business’s revenue was up 6.8% on a year-over-year basis. During the same quarter last year, the company posted $1.38 earnings per share. Crane has set its FY 2026 guidance at 6.550-6.75 EPS. Analysts expect that Crane will post 7.87 earnings per share for the current year.

Crane Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 11th. Investors of record on Friday, February 27th will be issued a dividend of $0.255 per share. 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 0.5%. The ex-dividend date of this dividend is Friday, February 27th. Crane’s dividend payout ratio is 16.32%.

Wall Street Analysts Forecast Growth

CR has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $238.00 target price on shares of Crane in a research note on Thursday, January 29th. Stifel Nicolaus upped 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. CJS Securities raised shares of Crane to a “strong-buy” rating in a research report on Thursday, December 11th. 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. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Crane in a report on Monday, December 29th. Two research 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 stock. According to data from MarketBeat, Crane presently has an average rating of “Buy” and an average price target of $224.00.

Insider Transactions at Crane

In other news, Director Sanjay Kapoor purchased 2,814 shares of the company’s stock in a transaction dated Thursday, January 29th. The shares were acquired at an average cost of $177.68 per share, for a total transaction of $499,991.52. Following the completion of the purchase, the director directly owned 2,814 shares in the company, valued at $499,991.52. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jennifer Pollino acquired 1,500 shares of Crane stock in a transaction that occurred on Thursday, January 29th. The stock was purchased at an average price of $184.29 per share, with a total value of $276,435.00. Following the transaction, the director owned 1,500 shares of the company’s stock, valued at $276,435. This trade represents a ∞ 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 worth $987,470 over the last quarter. 2.12% of the stock is currently owned by corporate 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.