Jennifer Pollino Purchases 1,500 Shares of Crane (NYSE:CR) Stock

Crane (NYSE:CR) Director Jennifer Pollino acquired 1,500 shares of the company’s stock in a transaction dated Thursday, January 29th. The shares were purchased at an average price of $184.29 per share, for a total transaction of $276,435.00. Following the purchase, the director directly owned 1,500 shares of the company’s stock, valued at approximately $276,435. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Crane Stock Up 1.6%

CR traded up $2.87 during trading hours on Monday, reaching $185.51. 454,144 shares of the stock traded hands, compared to its average volume of 502,975. Crane has a fifty-two week low of $127.04 and a fifty-two week 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. The company has a market cap of $10.68 billion, a price-to-earnings ratio of 24.57, a PEG ratio of 1.93 and a beta of 1.24. The firm’s fifty day simple moving average is $191.49 and its two-hundred day simple moving average is $188.54.

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

Crane Increases Dividend

The firm 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 is an increase from Crane’s previous quarterly dividend of $0.23. The ex-dividend date is Friday, February 27th. This represents a $1.02 annualized dividend and a dividend yield of 0.5%. Crane’s dividend payout ratio (DPR) is currently 16.32%.

Analysts Set New Price Targets

Several brokerages recently weighed in on CR. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $238.00 price objective on shares of Crane in a report on Thursday. Weiss Ratings restated a “buy (b-)” rating on shares of Crane in a research report on Monday, December 29th. CJS Securities upgraded shares of Crane to a “strong-buy” rating in a research report on Thursday, December 11th. DA Davidson reaffirmed a “buy” rating and set a $235.00 price target on shares of Crane in a report on Thursday. Finally, Wolfe Research set a $215.00 price objective on Crane and gave the stock an “outperform” rating in a research report on Thursday, December 4th. Two investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Crane has a consensus rating of “Buy” and an average price target of $224.00.

Institutional Investors Weigh In On Crane

Institutional investors have recently added to or reduced their stakes in the company. Norges Bank acquired a new position in Crane during the second quarter worth about $190,533,000. Qube Research & Technologies Ltd boosted its holdings in Crane by 114.8% during the third quarter. Qube Research & Technologies Ltd now owns 439,157 shares of the conglomerate’s stock worth $80,866,000 after buying an additional 234,681 shares in the last quarter. Prudential Financial Inc. increased its holdings in shares of Crane by 5,159.8% in the second quarter. Prudential Financial Inc. now owns 232,851 shares of the conglomerate’s stock valued at $44,216,000 after buying an additional 228,424 shares in the last quarter. Millennium Management LLC lifted its position in shares of Crane by 116.2% during the 3rd quarter. Millennium Management LLC now owns 401,596 shares of the conglomerate’s stock valued at $73,950,000 after acquiring an additional 215,815 shares during the last quarter. Finally, AQR Capital Management LLC boosted its stake in shares of Crane by 84.1% during the 3rd quarter. AQR Capital Management LLC now owns 431,048 shares of the conglomerate’s stock worth $78,300,000 after acquiring an additional 196,917 shares in the last quarter. 75.14% of the stock is currently owned by institutional investors and hedge funds.

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.