Wealth Enhancement Advisory Services LLC Has $2.01 Million Stock Position in Crane $CR

Wealth Enhancement Advisory Services LLC grew its holdings in Crane (NYSE:CR) by 39.2% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,268 shares of the conglomerate’s stock after purchasing an additional 3,173 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Crane were worth $2,014,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. First Horizon Corp bought a new position in Crane in the third quarter valued at $26,000. Headlands Technologies LLC acquired a new position in shares of Crane during the 2nd quarter worth about $29,000. Parkside Financial Bank & Trust increased its position in shares of Crane by 63.4% in the second quarter. Parkside Financial Bank & Trust now owns 219 shares of the conglomerate’s stock valued at $42,000 after acquiring an additional 85 shares during the last quarter. Mather Group LLC. bought a new stake in Crane during the third quarter worth about $60,000. Finally, Allworth Financial LP boosted its position in Crane by 15.4% during the second quarter. Allworth Financial LP now owns 390 shares of the conglomerate’s stock valued at $74,000 after purchasing an additional 52 shares during the last quarter. Institutional investors own 75.14% of the company’s stock.

Crane Price Performance

NYSE:CR opened at $183.03 on Friday. The company has a market cap of $10.54 billion, a P/E ratio of 24.24, a P/E/G ratio of 1.93 and a beta of 1.24. The firm’s fifty day moving average price is $191.49 and its two-hundred day moving average price is $188.52. Crane has a one year low of $127.04 and a one year high of $214.31. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.18 and a quick ratio of 0.88.

Crane (NYSE:CR) last announced its earnings results on Monday, January 26th. The conglomerate reported $1.53 EPS for the quarter, topping the consensus estimate of $1.43 by $0.10. Crane had a net margin of 13.10% and a return on equity of 24.45%. The business had revenue of $581.00 million during the quarter, compared to the consensus estimate of $572.16 million. During the same quarter in the previous year, the firm posted $1.38 EPS. Crane’s revenue was up 6.8% compared to the same quarter last year. Crane has set its FY 2026 guidance at 6.550-6.75 EPS. Equities analysts expect that Crane will post 7.87 earnings per share for the current year.

Crane Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Friday, February 27th will be paid a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a dividend yield of 0.6%. This is an increase from Crane’s previous quarterly dividend of $0.23. The ex-dividend date is Friday, February 27th. Crane’s dividend payout ratio is 16.32%.

Analyst Upgrades and Downgrades

CR has been the topic of several recent analyst reports. Stifel Nicolaus boosted their price target on Crane from $200.00 to $201.00 and gave the stock a “hold” rating in a research report on Friday, January 23rd. Wolfe Research set a $215.00 target price on shares of Crane and gave the stock an “outperform” rating in a report on Thursday, December 4th. CJS Securities raised shares of Crane to a “strong-buy” rating in a research report on Thursday, December 11th. Weiss Ratings reissued a “buy (b-)” rating on shares of Crane in a research report on Monday, December 29th. Finally, DA Davidson restated a “buy” rating and set a $235.00 price objective on shares of Crane in a research note on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $224.00.

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.