Crane $CR Stock Position Lifted by Sandhill Capital Partners LLC

Sandhill Capital Partners LLC lifted its stake in shares of Crane (NYSE:CR) by 56.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 95,368 shares of the conglomerate’s stock after purchasing an additional 34,296 shares during the quarter. Crane comprises about 1.2% of Sandhill Capital Partners LLC’s investment portfolio, making the stock its 25th largest holding. Sandhill Capital Partners LLC’s holdings in Crane were worth $17,561,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the stock. Norges Bank bought a new position in Crane in the 2nd quarter valued at about $190,533,000. Geode Capital Management LLC increased its stake in Crane by 0.6% during the 2nd quarter. Geode Capital Management LLC now owns 864,230 shares of the conglomerate’s stock valued at $164,135,000 after buying an additional 4,744 shares during the period. Select Equity Group L.P. raised its position in shares of Crane by 1.1% during the 2nd quarter. Select Equity Group L.P. now owns 736,943 shares of the conglomerate’s stock worth $139,938,000 after buying an additional 8,151 shares in the last quarter. Principal Financial Group Inc. lifted its stake in shares of Crane by 8.2% in the 3rd quarter. Principal Financial Group Inc. now owns 489,810 shares of the conglomerate’s stock worth $90,196,000 after acquiring an additional 37,026 shares during the period. Finally, Goldman Sachs Group Inc. lifted its stake in shares of Crane by 23.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 440,817 shares of the conglomerate’s stock worth $67,524,000 after acquiring an additional 84,278 shares during the period. Institutional investors and hedge funds own 75.14% of the company’s stock.

Wall Street Analyst Weigh In

CR has been the topic of a number of research analyst reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Crane in a research note on Monday, December 29th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $238.00 price target on shares of Crane in a research note on Thursday, January 29th. CJS Securities upgraded Crane to a “strong-buy” rating in a research report on Thursday, December 11th. DA Davidson reissued a “buy” rating and issued a $235.00 price objective on shares of Crane in a research note on Thursday, January 29th. Finally, Wolfe Research set a $215.00 price objective on 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 assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $224.00.

Crane Trading Down 3.9%

Shares of NYSE:CR opened at $190.94 on Monday. 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 $11.01 billion, a price-to-earnings ratio of 25.29, a PEG ratio of 1.93 and a beta of 1.18. Crane has a 1-year low of $127.04 and a 1-year high of $214.31. The company has a 50 day moving average price of $197.76 and a 200 day moving average price of $189.64.

Crane (NYSE:CR) last posted its quarterly 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. 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 analysts’ expectations of $572.16 million. During the same quarter in the prior year, the company earned $1.38 earnings per share. The firm’s revenue was up 6.8% on a year-over-year basis. Crane has set its FY 2026 guidance at 6.550-6.75 EPS. On average, research analysts anticipate that Crane will post 7.87 EPS for the current fiscal year.

Crane Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Friday, February 27th will be given a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a dividend yield of 0.5%. This is a boost from Crane’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Friday, February 27th. Crane’s payout ratio is presently 16.32%.

Insider Activity at Crane

In related news, Director Sanjay Kapoor purchased 2,814 shares of the company’s stock in a transaction that occurred on Thursday, January 29th. The shares were purchased at an average price of $177.68 per share, with a total value of $499,991.52. Following the purchase, the director owned 2,814 shares of the company’s stock, valued at $499,991.52. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Susan D. Lynch acquired 150 shares of the business’s stock in a transaction on Thursday, January 29th. The shares were bought at an average price of $182.22 per share, for a total transaction of $27,333.00. Following the acquisition, the director owned 220 shares in the company, valued at approximately $40,088.40. This trade represents a 214.29% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired 5,464 shares of company stock valued at $987,470 over the last ninety days. Company insiders own 2.12% of the company’s stock.

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.