Madison Asset Management LLC Reduces Position in Crane $CR

Madison Asset Management LLC decreased its holdings in shares of Crane (NYSE:CRFree Report) by 18.4% during the first quarter, HoldingsChannel reports. The institutional investor owned 18,189 shares of the conglomerate’s stock after selling 4,107 shares during the period. Madison Asset Management LLC’s holdings in Crane were worth $3,110,000 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 bought a new stake in Crane during the 4th quarter valued at about $27,000. Headlands Technologies LLC purchased a new stake in Crane during the second quarter worth $29,000. Flagship Harbor Advisors LLC purchased a new stake in shares of Crane during the 4th quarter worth $33,000. Kelleher Financial Advisors bought a new stake in Crane during the third quarter valued at about $33,000. Finally, GHP Investment Advisors Inc. purchased a new position in Crane in the first quarter valued at about $34,000. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Insider Buying and Selling

In other news, Director Susan D. Lynch acquired 150 shares of the business’s stock in a transaction on Thursday, April 30th. The stock was bought at an average price of $177.38 per share, with a total value of $26,607.00. Following the completion of the acquisition, the director owned 370 shares of the company’s stock, valued at approximately $65,630.60. This represents a 68.18% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 2.12% of the company’s stock.

Crane Stock Performance

Shares of NYSE CR opened at $216.97 on Wednesday. Crane has a 12 month low of $159.58 and a 12 month high of $226.46. 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 stock has a market cap of $12.53 billion, a price-to-earnings ratio of 28.74, a PEG ratio of 1.93 and a beta of 1.01. The company has a 50 day simple moving average of $201.78 and a two-hundred day simple moving average of $193.53.

Crane (NYSE:CRGet Free Report) last announced its quarterly earnings results on Monday, April 27th. The conglomerate reported $1.65 earnings per share for the quarter, topping the consensus estimate of $1.44 by $0.21. The company had revenue of $696.40 million for the quarter, compared to the consensus estimate of $672.74 million. Crane had a return on equity of 24.45% and a net margin of 13.10%.The firm’s revenue for the quarter was up 24.9% compared to the same quarter last year. During the same period last year, the firm earned $1.39 EPS. Crane has set its FY 2026 guidance at 6.650-6.850 EPS. As a group, analysts predict that Crane will post 7.87 earnings per share for the current year.

Crane Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 29th were paid a $0.255 dividend. This represents a $1.02 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Friday, May 29th. Crane’s payout ratio is currently 18.35%.

Analyst Ratings Changes

Several research firms have commented on CR. BMO Capital Markets assumed coverage on shares of Crane in a research report on Monday. They set an “outperform” rating and a $253.00 price target for the company. DA Davidson reissued a “buy” rating and set a $235.00 target price on shares of Crane in a research report on Monday, June 1st. Wall Street Zen lowered shares of Crane from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings lowered Crane from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 4th. Finally, Stifel Nicolaus raised their price target on Crane from $215.00 to $242.00 and gave the stock a “buy” rating in a report on Monday. Three equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $234.00.

Read Our Latest Report on Crane

Crane News Roundup

Here are the key news stories impacting Crane this week:

  • Positive Sentiment: BMO Capital Markets upgraded Crane (CR) to strong-buy, reinforcing a bullish analyst view on the company. Crane upgraded by BMO Capital Markets to strong-buy
  • Positive Sentiment: Crane’s recent earnings report was solid, with the company beating consensus on both EPS and revenue and raising FY2026 guidance, which may continue to support the stock over time.
  • Neutral Sentiment: News items about crane accidents and collapses appear unrelated to Crane Company (CR) and are unlikely to affect the stock.
  • Neutral Sentiment: General analyst commentary from other sources also points to renewed attention on Crane, but no additional material company-specific developments were reported.

Crane Profile

(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.

Recommended Stories

Want to see what other hedge funds are holding CR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Crane (NYSE:CRFree Report).

Institutional Ownership by Quarter for Crane (NYSE:CR)

Receive News & Ratings for Crane Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crane and related companies with MarketBeat.com's FREE daily email newsletter.