Crane $CR Shares Purchased by Capital World Investors

Capital World Investors increased its holdings in Crane (NYSE:CR) by 0.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,944,444 shares of the conglomerate’s stock after buying an additional 21,901 shares during the period. Capital World Investors owned about 0.05% of Crane worth $542,190,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. First Horizon Corp acquired a new position in Crane in the third quarter valued at approximately $26,000. Headlands Technologies LLC acquired a new stake in shares of Crane during the 2nd quarter worth approximately $29,000. Assetmark Inc. lifted its holdings in shares of Crane by 57.9% in the 3rd quarter. Assetmark Inc. now owns 180 shares of the conglomerate’s stock worth $33,000 after purchasing an additional 66 shares during the last quarter. Parkside Financial Bank & Trust lifted its position in Crane by 63.4% in the 2nd quarter. Parkside Financial Bank & Trust now owns 219 shares of the conglomerate’s stock valued at $42,000 after purchasing an additional 85 shares during the last quarter. Finally, State of Wyoming boosted its position in shares of Crane by 217.0% during the third quarter. State of Wyoming now owns 279 shares of the conglomerate’s stock worth $51,000 after buying an additional 191 shares during the period. Institutional investors own 75.14% of the company’s stock.

Wall Street Analyst Weigh In

CR has been the subject of a number of research analyst reports. DA Davidson restated a “buy” rating and issued a $235.00 target price on shares of Crane in a research report on Thursday, January 29th. Stifel Nicolaus upped their price objective on shares of Crane from $200.00 to $201.00 and gave the company a “hold” rating in a research note on Friday, January 23rd. Weiss Ratings restated a “buy (b-)” rating on shares of Crane in a report on Monday, December 29th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $238.00 price target on shares of Crane in a report on Thursday, January 29th. Finally, Wolfe Research set a $215.00 target price on shares of Crane and gave the company an “outperform” rating in a research note on Thursday, December 4th. Two research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Crane has an average rating of “Buy” and a consensus target price of $224.00.

Insider Transactions at Crane

In other news, CEO Max H. Mitchell purchased 1,000 shares of the business’s stock in a transaction dated Friday, January 30th. The stock was bought at an average price of $183.71 per share, with a total value of $183,710.00. Following the acquisition, 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 position. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Susan D. Lynch bought 150 shares of the firm’s stock in a transaction on Thursday, January 29th. The stock was acquired at an average price of $182.22 per share, for a total transaction of $27,333.00. Following the transaction, the director owned 220 shares of the company’s stock, valued at approximately $40,088.40. The trade was a 214.29% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders acquired 5,464 shares of company stock worth $987,470. 2.12% of the stock is currently owned by company insiders.

Crane Trading Down 1.7%

CR stock opened at $190.13 on Wednesday. Crane has a twelve month low of $127.04 and a twelve month high of $214.31. The company has a market cap of $10.97 billion, a P/E ratio of 25.18, a PEG ratio of 1.93 and a beta of 1.18. 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 business has a fifty day moving average of $197.92 and a 200-day moving average of $189.64.

Crane (NYSE:CR) last announced 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 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 analyst estimates of $572.16 million. During the same quarter in the previous year, the business earned $1.38 EPS. 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. As a group, equities research analysts expect that Crane will post 7.87 EPS for the current year.

Crane Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Friday, February 27th. Crane’s dividend payout ratio is presently 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.