Renaissance Technologies LLC Boosts Stock Position in Crane $CR

Renaissance Technologies LLC increased its holdings in Crane (NYSE:CR) by 9.3% during the 1st quarter, Holdings Channel reports. The firm owned 161,300 shares of the conglomerate’s stock after buying an additional 13,700 shares during the period. Renaissance Technologies LLC’s holdings in Crane were worth $27,582,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. TD Capital Management LLC purchased a new stake in Crane in the 4th quarter worth approximately $27,000. Headlands Technologies LLC purchased a new position in shares of Crane during the second quarter valued at approximately $29,000. Flagship Harbor Advisors LLC purchased a new position in shares of Crane during the fourth quarter valued at approximately $33,000. Kelleher Financial Advisors bought a new position in shares of Crane during the third quarter valued at approximately $33,000. Finally, GHP Investment Advisors Inc. purchased a new stake in Crane in the first quarter worth $34,000. Institutional investors own 75.14% of the company’s stock.

Crane Stock Performance

Shares of Crane stock opened at $207.06 on Thursday. Crane has a 12 month low of $159.58 and a 12 month high of $230.50. The firm has a market capitalization of $11.96 billion, a P/E ratio of 27.43, a P/E/G ratio of 1.93 and a beta of 1.01. 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 business has a fifty day simple moving average of $207.42 and a two-hundred day simple moving average of $194.72.

Crane (NYSE:CR) last released its earnings results on Tuesday, July 28th. The conglomerate reported $1.79 earnings per share for the quarter, topping analysts’ consensus estimates of $1.68 by $0.11. The firm had revenue of $724.70 million for the quarter, compared to the consensus estimate of $708.46 million. Crane had a net margin of 13.10% and a return on equity of 24.45%. The company’s revenue was up 25.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.49 EPS. Crane has set its FY 2026 guidance at 6.850-7.050 EPS. On average, equities analysts forecast that Crane will post 7.87 earnings per share for the current fiscal year.

Crane Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Monday, August 31st will be issued a $0.255 dividend. This represents a $1.02 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Monday, August 31st. Crane’s dividend payout ratio is 18.35%.

Analyst Ratings Changes

Several analysts recently weighed in on CR shares. BMO Capital Markets started coverage on shares of Crane in a report on Monday, July 20th. They issued an “outperform” rating and a $253.00 price target on the stock. Wall Street Zen cut shares of Crane from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. DA Davidson reaffirmed a “buy” rating and set a $235.00 target price on shares of Crane in a research note on Monday, June 1st. Stifel Nicolaus increased their price target 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. Finally, Weiss Ratings lowered shares of Crane from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 4th. Three investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Crane presently has an average rating of “Buy” and a consensus price target of $234.67.

Key Headlines Impacting Crane

Here are the key news stories impacting Crane this week:

• Positive Sentiment: Strong Q2 performance: Crane reported second-quarter revenue of $724.7 million, up 25.6% year over year and above the $708.5 million consensus estimate. Adjusted EPS was $1.79, exceeding expectations of $1.68, while operating profit increased 40.2% and operating margin expanded 210 basis points to 19.9%. Crane Company Reports Second Quarter 2026 Results
• Positive Sentiment: Full-year outlook raised: Management increased fiscal 2026 adjusted EPS guidance to $6.85-$7.05 from $6.65-$6.85, above the $6.79 analyst consensus. The company also reported a $1.887 billion backlog at June 30, providing visibility into future revenue. Crane raises outlook after Q2 sales climb 25.6%
• Positive Sentiment: Broad-based segment growth: Aerospace & Advanced Technologies sales rose 31.3%, including 13.3% core growth, while Process Flow Technologies sales increased 20.9%. Crane also declared a quarterly dividend of $0.255 per share, payable September 9 to shareholders of record August 31.
• Neutral Sentiment: Earnings-call context: The Q2 call is the latest source for management’s discussion of segment demand, margins, backlog conversion, and the raised outlook—key factors investors may weigh in assessing whether recent growth rates can continue. Crane Q2 2026 Earnings Call Transcript
• Negative Sentiment: High expectations may be pressuring the stock: Despite the beat and raised guidance, Crane trades at roughly 27 times earnings. Investors may be taking profits or demanding stronger guidance after the stock approached its 52-week high, particularly as the reported outlook implies only modest additional improvement over current expectations.

Crane 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.