Bollard Group LLC Takes $427,000 Position in Crane $CR

Bollard Group LLC purchased a new position in shares of Crane (NYSE:CR) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,497 shares of the conglomerate’s stock, valued at approximately $427,000.

Other institutional investors also recently modified their holdings of the company. Geode Capital Management LLC lifted its holdings in shares of Crane by 4.0% during the 4th quarter. Geode Capital Management LLC now owns 917,679 shares of the conglomerate’s stock valued at $169,282,000 after buying an additional 35,441 shares during the last quarter. Tudor Investment Corp ET AL lifted its stake in shares of Crane by 314.8% in the 3rd quarter. Tudor Investment Corp ET AL now owns 74,801 shares of the conglomerate’s stock valued at $13,774,000 after purchasing an additional 56,768 shares during the last quarter. Hsbc Holdings PLC lifted its stake in shares of Crane by 92.7% in the 4th quarter. Hsbc Holdings PLC now owns 113,556 shares of the conglomerate’s stock valued at $21,198,000 after purchasing an additional 54,619 shares during the last quarter. Congruence Capital LLC acquired a new position in Crane during the fourth quarter worth $18,604,000. Finally, Venture Visionary Partners LLC raised its holdings in Crane by 25.0% during the fourth quarter. Venture Visionary Partners LLC now owns 50,694 shares of the conglomerate’s stock valued at $9,469,000 after buying an additional 10,136 shares in the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Stifel Nicolaus boosted their target price on Crane from $215.00 to $242.00 and gave the stock a “buy” rating in a report on Monday. DA Davidson reissued a “buy” rating and issued a $235.00 price target on shares of Crane in a research report on Monday, June 1st. BMO Capital Markets began coverage on shares of Crane in a research note on Monday. They issued an “outperform” rating and a $253.00 price objective for the company. Wall Street Zen lowered shares of Crane from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, Weiss Ratings downgraded shares of Crane from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 4th. Three research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $234.00.

Insider Activity at Crane

In related news, Director Susan D. Lynch purchased 150 shares of the business’s stock in a transaction dated Thursday, April 30th. The shares were bought at an average price of $177.38 per share, with a total value of $26,607.00. Following the purchase, the director directly owned 370 shares in the company, valued at $65,630.60. This trade represents a 68.18% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Insiders own 2.12% of the company’s stock.

Crane Price Performance

Shares of CR stock opened at $226.22 on Friday. The stock’s fifty day moving average is $204.46 and its 200-day moving average is $194.23. 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 $13.06 billion, a PE ratio of 29.96, a PEG ratio of 1.93 and a beta of 1.01. Crane has a 52 week low of $159.58 and a 52 week high of $226.99.

Crane (NYSE:CR) last issued its quarterly earnings data on Monday, April 27th. The conglomerate reported $1.65 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.21. The firm had revenue of $696.40 million for the quarter, compared to analyst estimates of $672.74 million. Crane had a net margin of 13.10% and a return on equity of 24.45%. The company’s revenue was up 24.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.39 EPS. Crane has set its FY 2026 guidance at 6.650-6.850 EPS. Equities research analysts expect that Crane will post 7.87 EPS for the current fiscal year.

Crane Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 29th were issued a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Friday, May 29th. Crane’s payout ratio is currently 18.35%.

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.