Key Points
- Crane director James L. Tullis sold 400 shares at an average price of $205.38, generating $82,152 and reducing his ownership by 7.38% to 5,021 shares.
- Crane reported quarterly EPS of $1.79, beating 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.
- The company declared a quarterly dividend of $0.255 per share, equivalent to a 0.5% annual yield. Analysts maintain a consensus “Buy” rating with an average price target of $239, compared with the stock’s $199.30 opening price.
Crane (NYSE:CR - Get Free Report) Director James L. Tullis sold 400 shares of the stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $205.38, for a total transaction of $82,152.00. Following the completion of the sale, the director owned 5,021 shares in the company, valued at $1,031,212.98. This represents a 7.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Crane Trading Down 0.4%
Shares of CR opened at $199.30 on Thursday. 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 1-year low of $159.58 and a 1-year high of $230.50. The stock has a market cap of $11.52 billion, a price-to-earnings ratio of 34.84, a price-to-earnings-growth ratio of 2.40 and a beta of 1.01. The firm has a 50 day simple moving average of $216.29 and a 200-day simple moving average of $197.43.
Crane (NYSE:CR - Get Free Report) last posted its earnings results on Tuesday, July 28th. The conglomerate reported $1.79 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.68 by $0.11. The firm had revenue of $724.70 million for the quarter, compared to analyst estimates of $708.46 million. Crane had a return on equity of 18.67% and a net margin of 12.97%.Crane's 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. Equities analysts forecast that Crane will post 6.99 EPS for the current fiscal year.
Crane Announces Dividend
The company also recently announced 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 17.83%.
Analyst Upgrades and Downgrades
CR has been the subject of a number of recent research reports. Weiss Ratings downgraded shares of Crane from a "buy (b)" rating to a "buy (b-)" rating in a report on Thursday, August 27th. Wall Street Zen downgraded shares of Crane from a "buy" rating to a "hold" rating in a research note on Saturday, May 9th. Deutsche Bank Aktiengesellschaft set a $240.00 target price on shares of Crane in a research report on Tuesday. Stifel Nicolaus lifted their target price 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, DA Davidson boosted their price target on Crane from $235.00 to $245.00 and gave the company a "buy" rating in a report on Thursday, July 30th. Three research analysts have rated the stock with a Strong Buy rating and four have issued a Buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Buy" and a consensus price target of $239.00.
Read Our Latest Stock Analysis on Crane
Institutional Trading of Crane
Hedge funds have recently added to or reduced their stakes in the business. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Crane during the 2nd quarter valued at about $2,565,000. California State Teachers Retirement System grew its holdings in Crane by 21,021.6% in the second quarter. California State Teachers Retirement System now owns 12,301,418 shares of the conglomerate's stock valued at $2,744,077,000 after purchasing an additional 12,243,177 shares during the period. Wedmont Private Capital grew its holdings in Crane by 8.4% in the second quarter. Wedmont Private Capital now owns 1,450 shares of the conglomerate's stock valued at $318,000 after purchasing an additional 112 shares during the period. HB Wealth Management LLC increased its position in Crane by 17.8% during the second quarter. HB Wealth Management LLC now owns 3,922 shares of the conglomerate's stock worth $875,000 after purchasing an additional 594 shares during the last quarter. Finally, Azimuth Capital Investment Management LLC acquired a new position in Crane during the second quarter worth approximately $202,000. 75.14% of the stock is owned by institutional investors and hedge funds.
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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