Key Points
- Director James L. Tullis sold 614 Crane shares at an average price of $225, generating $138,150 and reducing his direct ownership by 10.17% to 5,421 shares.
- Crane reported quarterly EPS of $1.79, exceeding estimates by $0.11, while revenue rose 25.6% year over year to $724.7 million. The company issued fiscal 2026 EPS guidance of $6.85–$7.05.
- Analysts maintain a generally positive outlook, with an average “Buy” rating and a consensus price target of $236.33; Crane also declared a quarterly dividend of $0.255 per share.
Crane (NYSE:CR - Get Free Report) Director James L. Tullis sold 614 shares of the stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $225.00, for a total value of $138,150.00. Following the completion of the sale, the director directly owned 5,421 shares of the company's stock, valued at approximately $1,219,725. This represents a 10.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.
Crane Trading Down 0.1%
NYSE:CR opened at $218.76 on Friday. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.80 and a quick ratio of 1.84. Crane has a fifty-two week low of $159.58 and a fifty-two week high of $230.50. The stock's 50-day moving average is $216.29 and its two-hundred day moving average is $195.97. The stock has a market cap of $12.64 billion, a PE ratio of 38.24, a price-to-earnings-growth ratio of 2.64 and a beta of 1.03.
Crane (NYSE:CR - Get Free Report) last issued its earnings results on Tuesday, July 28th. The conglomerate reported $1.79 earnings per share for the quarter, beating analysts' consensus estimates of $1.68 by $0.11. The company had revenue of $724.70 million for the quarter, compared to the consensus estimate of $708.46 million. Crane had a return on equity of 18.67% and a net margin of 12.97%.The firm's quarterly revenue was up 25.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.49 EPS. Crane has set its FY 2026 guidance at 6.850-7.050 EPS. As a group, equities research analysts forecast that Crane will post 6.96 earnings per share for the current fiscal year.
Crane Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Monday, August 31st will be paid a $0.255 dividend. This represents a $1.02 annualized dividend and a yield of 0.5%. The ex-dividend date is Monday, August 31st. Crane's dividend payout ratio is currently 17.83%.
Wall Street Analysts Forecast Growth
A number of equities research analysts have issued reports on the stock. DA Davidson lifted their target price on shares of Crane from $235.00 to $245.00 and gave the company a "buy" rating in a research note on Thursday, July 30th. Stifel Nicolaus upped 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. Wall Street Zen lowered Crane from a "buy" rating to a "hold" rating in a report on Saturday, May 9th. Weiss Ratings reissued a "hold (c+)" rating on shares of Crane in a research report on Friday, July 31st. Finally, BMO Capital Markets assumed coverage on Crane in a research note on Monday, July 20th. They issued an "outperform" rating and a $253.00 target price on the stock. Three analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus price target of $236.33.
Check Out Our Latest Stock Report on CR
Hedge Funds Weigh In On Crane
Institutional investors have recently modified their holdings of the company. Ancora Advisors LLC acquired a new stake in shares of Crane in the second quarter worth $8,664,000. Madison Asset Management LLC acquired a new position in Crane in the 2nd quarter valued at $4,063,000. Asset Advisory Group Inc. acquired a new position in Crane in the 2nd quarter valued at $205,000. Pacer Advisors Inc. raised its holdings in Crane by 2.5% in the 1st quarter. Pacer Advisors Inc. now owns 7,450 shares of the conglomerate's stock worth $1,274,000 after acquiring an additional 180 shares during the period. Finally, Janus Henderson Group PLC raised its holdings in Crane by 24.5% in the 1st quarter. Janus Henderson Group PLC now owns 361,270 shares of the conglomerate's stock worth $61,777,000 after acquiring an additional 71,086 shares during the period. Institutional investors own 75.14% of the company's stock.
About Crane
(
Get Free Report)
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.
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