Crane (NYSE:CR – Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 6.850-7.050 for the period, compared to the consensus earnings per share estimate of 6.790. The company issued revenue guidance of $2.9 billion-$2.9 billion, compared to the consensus revenue estimate of $2.9 billion.
Analysts Set New Price Targets
Several equities analysts recently commented on the company. Weiss Ratings downgraded Crane from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, May 4th. BMO Capital Markets initiated coverage on Crane in a research note on Monday, July 20th. They issued an “outperform” rating and a $253.00 price objective on the stock. DA Davidson reiterated a “buy” rating and issued a $235.00 price objective on shares of Crane in a research report on Monday, June 1st. Wall Street Zen downgraded shares of Crane from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, Stifel Nicolaus increased their target price on Crane from $215.00 to $242.00 and gave the company a “buy” rating in a research note on Monday, July 20th. Three investment 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 stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of $234.67.
View Our Latest Analysis on Crane
Crane Stock Performance
Crane (NYSE:CR – Get Free Report) last issued its quarterly earnings data 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 24.45% and a net margin of 13.10%.The company had revenue of $724.70 million during the quarter, compared to analysts’ expectations of $708.46 million. During the same quarter in the previous year, the company posted $1.49 earnings per share. The business’s revenue was up 25.6% on a year-over-year basis. Crane has set its FY 2026 guidance at 6.850-7.050 EPS. On average, equities analysts forecast that Crane will post 7.87 EPS for the current year.
Crane Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Monday, August 31st will be paid a $0.255 dividend. This represents a $1.02 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Monday, August 31st. Crane’s payout ratio is 18.35%.
Institutional Trading of Crane
Several large investors have recently made changes to their positions in CR. Pacer Advisors Inc. lifted its stake in Crane by 12.7% during the fourth quarter. Pacer Advisors Inc. now owns 7,270 shares of the conglomerate’s stock worth $1,341,000 after purchasing an additional 820 shares during the last quarter. Mcguire Capital Advisors Inc. acquired a new position in shares of Crane during the 4th quarter worth $114,000. Corient Private Wealth LLC lifted its position in shares of Crane by 189.8% during the 4th quarter. Corient Private Wealth LLC now owns 37,722 shares of the conglomerate’s stock worth $6,957,000 after buying an additional 24,705 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its position in shares of Crane by 29.6% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 9,937 shares of the conglomerate’s stock worth $1,833,000 after buying an additional 2,267 shares during the last quarter. Finally, Vident Advisory LLC boosted its stake in Crane by 6.1% in the fourth quarter. Vident Advisory LLC now owns 17,973 shares of the conglomerate’s stock valued at $3,315,000 after buying an additional 1,027 shares in the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.
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.
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