Crane (NYSE:CR) Receives Average Rating of “Buy” from Analysts

Crane (NYSE:CR) has been given a consensus recommendation of “Buy” by the eight brokerages that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating, four have given a buy rating and three have given a strong buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $236.3333.

Several analysts recently weighed in on CR shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Crane in a research note on Friday, July 31st. BMO Capital Markets began coverage on Crane in a research note on Monday, July 20th. They set an “outperform” rating and a $253.00 target price for the company. Wall Street Zen cut shares of Crane from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Stifel Nicolaus raised their price target on shares of Crane from $215.00 to $242.00 and gave the company a “buy” rating in a research note on Monday, July 20th. Finally, DA Davidson lifted their price target on shares of Crane from $235.00 to $245.00 and gave the company a “buy” rating in a report on Thursday, July 30th.

Institutional Trading of Crane

Several institutional investors have recently modified their holdings of the business. Signaturefd LLC increased its stake in shares of Crane by 5.2% during the 4th quarter. Signaturefd LLC now owns 1,167 shares of the conglomerate’s stock worth $215,000 after purchasing an additional 58 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Crane by 0.4% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 16,797 shares of the conglomerate’s stock worth $3,098,000 after acquiring an additional 65 shares during the period. Cresset Asset Management LLC grew its holdings in Crane by 2.4% in the 2nd quarter. Cresset Asset Management LLC now owns 3,245 shares of the conglomerate’s stock valued at $616,000 after buying an additional 76 shares in the last quarter. Aviva PLC increased its position in Crane by 3.0% during the fourth quarter. Aviva PLC now owns 2,671 shares of the conglomerate’s stock worth $493,000 after acquiring an additional 78 shares during the period. Finally, Allspring Global Investments Holdings LLC increased its holdings in shares of Crane by 0.6% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 15,168 shares of the conglomerate’s stock worth $2,844,000 after purchasing an additional 84 shares during the period. Institutional investors own 75.14% of the company’s stock.

Crane Stock Performance

Shares of NYSE:CR opened at $223.39 on Thursday. The company has a quick ratio of 0.88, a current ratio of 1.18 and a debt-to-equity ratio of 0.29. Crane has a 12-month low of $159.58 and a 12-month high of $230.50. The company’s 50 day moving average price is $211.43 and its two-hundred day moving average price is $195.26. The firm has a market cap of $12.91 billion, a PE ratio of 29.59, a PEG ratio of 1.93 and a beta of 1.03.

Crane (NYSE:CR) last released its earnings results 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 company had revenue of $724.70 million for the quarter, compared to analyst estimates of $708.46 million. During the same period in the prior year, the firm posted $1.49 EPS. Crane’s quarterly revenue was up 25.6% on a year-over-year basis. Crane has set its FY 2026 guidance at 6.850-7.050 EPS. Equities research analysts predict that Crane will post 7.87 earnings per share for the current year.

Crane Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Monday, August 31st will be paid a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, August 31st. Crane’s dividend payout ratio (DPR) is presently 17.83%.

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.