Crane (NYSE:CR – Get Free Report) Director James L. Tullis sold 400 shares of Crane stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $205.38, for a total value of $82,152.00. Following the completion of the transaction, the director owned 5,021 shares of the company’s stock, valued at approximately $1,031,212.98. The trade was a 7.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Crane Price Performance
NYSE CR opened at $204.33 on Friday. Crane has a 52 week low of $159.58 and a 52 week high of $230.50. The stock has a market cap of $11.81 billion, a price-to-earnings ratio of 35.72, a price-to-earnings-growth ratio of 2.41 and a beta of 1.01. The company has a 50-day moving average price of $215.57 and a two-hundred day moving average price of $197.49. The company has a current ratio of 2.80, a quick ratio of 1.84 and a debt-to-equity ratio of 0.50.
Crane (NYSE:CR – Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The conglomerate reported $1.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.68 by $0.11. Crane had a return on equity of 18.67% and a net margin of 12.97%.The company had revenue of $724.70 million during the quarter, compared to analyst estimates of $708.46 million. During the same quarter in the previous year, the firm posted $1.49 EPS. The firm’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. Analysts forecast that Crane will post 6.99 EPS for the current year.
Crane Announces Dividend
Hedge Funds Weigh In On Crane
A number of large investors have recently made changes to their positions in the business. TD Capital Management LLC acquired a new stake in shares of Crane during the fourth quarter worth approximately $27,000. Headlands Technologies LLC acquired a new position in Crane in the 2nd quarter valued at approximately $29,000. Kelleher Financial Advisors acquired a new position in Crane in the 3rd quarter valued at approximately $33,000. GHP Investment Advisors Inc. acquired a new stake in shares of Crane during the 1st quarter valued at $34,000. Finally, IFP Advisors Inc grew its holdings in shares of Crane by 193.7% during the 4th quarter. IFP Advisors Inc now owns 232 shares of the conglomerate’s stock valued at $43,000 after acquiring an additional 153 shares in the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms have issued reports on CR. Deutsche Bank Aktiengesellschaft set a $240.00 price objective on Crane in a report on Tuesday. Wall Street Zen cut shares of Crane from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Stifel Nicolaus boosted their price target on shares of Crane from $215.00 to $242.00 and gave the company a “buy” rating in a report on Monday, July 20th. Weiss Ratings lowered shares of Crane from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, August 27th. Finally, BMO Capital Markets assumed coverage on shares of Crane in a research report on Monday, July 20th. They issued an “outperform” rating and a $253.00 price target for the company. Three investment analysts have rated the stock with a Strong Buy rating and four have issued a Buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $239.00.
Check Out Our Latest Report on Crane
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.
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