Bradley Foster & Sargent Inc. CT Purchases 210,502 Shares of Crane $CR

Bradley Foster & Sargent Inc. CT boosted its position in Crane (NYSE:CR) by 1,652.8% during the first quarter, Holdings Channel reports. The institutional investor owned 223,238 shares of the conglomerate’s stock after purchasing an additional 210,502 shares during the quarter. Bradley Foster & Sargent Inc. CT’s holdings in Crane were worth $38,174,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. boosted its position in Crane by 289,020.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 7,855,409 shares of the conglomerate’s stock worth $1,448,773,000 after acquiring an additional 7,852,692 shares during the last quarter. Capital World Investors raised its holdings in shares of Crane by 1.7% in the fourth quarter. Capital World Investors now owns 2,993,123 shares of the conglomerate’s stock valued at $552,022,000 after purchasing an additional 48,679 shares during the last quarter. Norges Bank acquired a new stake in shares of Crane in the fourth quarter valued at approximately $198,509,000. Geode Capital Management LLC lifted its position in shares of Crane by 4.0% in the fourth quarter. Geode Capital Management LLC now owns 917,679 shares of the conglomerate’s stock worth $169,282,000 after purchasing an additional 35,441 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of Crane by 0.4% in the first quarter. Dimensional Fund Advisors LP now owns 845,961 shares of the conglomerate’s stock worth $144,622,000 after purchasing an additional 3,678 shares in the last quarter. Institutional investors own 75.14% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. DA Davidson reaffirmed a “buy” rating and issued a $235.00 target price on shares of Crane in a research report on Monday, June 1st. Weiss Ratings cut shares of Crane from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, May 4th. Stifel Nicolaus increased their price objective on shares of Crane from $215.00 to $242.00 and gave the stock a “buy” rating in a research note on Monday, July 20th. BMO Capital Markets initiated coverage on Crane in a research report on Monday, July 20th. They issued an “outperform” rating and a $253.00 target price on the stock. Finally, Wall Street Zen lowered Crane from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Three research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Crane has a consensus rating of “Buy” and a consensus price target of $234.00.

Crane Price Performance

NYSE:CR opened at $226.22 on Friday. Crane has a 1-year low of $159.58 and a 1-year high of $226.99. The company has a current ratio of 1.18, a quick ratio of 0.88 and a debt-to-equity ratio of 0.29. The firm has a fifty day simple moving average of $204.46 and a 200 day simple moving average of $194.23. The stock has a market capitalization of $13.06 billion, a PE ratio of 29.96, a P/E/G ratio of 1.93 and a beta of 1.01.

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

Crane Announces Dividend

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

Insider Activity

In other news, Director Susan D. Lynch bought 150 shares of the company’s stock in a transaction dated Thursday, April 30th. The shares were bought at an average cost of $177.38 per share, with a total value of $26,607.00. Following the acquisition, the director owned 370 shares in the company, valued at $65,630.60. This trade represents a 68.18% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 2.12% of the company’s stock.

About Crane

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.