Crane (NYSE:CR) Plans Quarterly Dividend of $0.26

Crane (NYSE:CR) declared a quarterly dividend on Tuesday, July 28th. Investors of record on Monday, August 31st will be paid a dividend of 0.255 per share by the conglomerate on Wednesday, September 9th. This represents a c) dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Monday, August 31st.

Crane has a dividend payout ratio of 16.1% indicating that its dividend is sufficiently covered by earnings. Analysts expect Crane to earn $8.57 per share next year, which means the company should continue to be able to cover its $1.02 annual dividend with an expected future payout ratio of 11.9%.

Crane Stock Down 7.6%

Shares of NYSE:CR traded down $17.29 during trading hours on Wednesday, reaching $209.05. The stock had a trading volume of 96,935 shares, compared to its average volume of 503,736. Crane has a 1 year low of $159.58 and a 1 year high of $230.50. The firm’s 50 day moving average is $206.75 and its 200-day moving average is $194.66. The stock has a market capitalization of $12.07 billion, a price-to-earnings ratio of 27.88, a P/E/G ratio of 1.93 and a beta of 1.01. 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 data on Tuesday, July 28th. The conglomerate reported $1.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.68 by $0.11. Crane had a return on equity of 24.45% and a net margin of 13.10%.The business had revenue of $724.70 million during the quarter, compared to analysts’ expectations of $708.46 million. During the same period in the prior year, the firm posted $1.49 EPS. The business’s quarterly revenue was up 25.6% compared to the same quarter last year. Crane has set its FY 2026 guidance at 6.850-7.050 EPS. Research analysts predict that Crane will post 7.87 earnings per share for the current fiscal year.

Key Crane News

Here are the key news stories impacting Crane this week:

• Positive Sentiment: Crane reported second-quarter sales of $724.7 million, up 25.6% year over year and ahead of the $708.5 million consensus estimate. Adjusted EPS of $1.79 also exceeded expectations by $0.11. Crane quarterly earnings report
• Positive Sentiment: Operating profit increased 40.2% to $144.3 million, while the operating margin expanded 210 basis points to 19.9%. Aerospace & Advanced Technologies sales rose 31.3%, and Process Flow Technologies sales climbed 20.9%.
• Positive Sentiment: Management raised its fiscal 2026 adjusted EPS outlook to $6.85–$7.05 from $6.65–$6.85, slightly above the $6.79 analyst consensus. Backlog totaled $1.887 billion at quarter-end. Crane raises outlook after Q2 sales climb
• Neutral Sentiment: Crane declared a quarterly dividend of $0.255 per share, payable September 9 to shareholders of record August 31. The annualized payout is $1.02, representing a yield of approximately 0.5%.
• Negative Sentiment: The guidance increase was modest relative to the company’s strong quarterly growth, potentially disappointing investors given Crane’s elevated valuation of roughly 28 times earnings and its recent trading near the upper end of its annual range.

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.