Zacks Research Upgrades Crane (NYSE:CR) to Strong-Buy

Crane (NYSE:CR) was upgraded by research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued on Wednesday, Zacks reports.

Several other equities research analysts have also weighed in on the company. Deutsche Bank Aktiengesellschaft set a $240.00 price objective on Crane in a research note on Tuesday, September 1st. Weiss Ratings downgraded Crane from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, October 30th. BMO Capital Markets assumed coverage on Crane in a research report on Monday, July 20th. They issued an “outperform” rating and a $253.00 price target for the company. DA Davidson set a $255.00 price target on Crane in a research note on Thursday, October 29th. Finally, Stifel Nicolaus boosted their price objective on Crane from $242.00 to $247.00 and gave the stock a “buy” rating in a report on Thursday, October 29th. Four equities research analysts have rated the stock with a Strong Buy rating and four have given a Buy rating to the stock. According to MarketBeat.com, Crane presently has a consensus rating of “Strong Buy” and an average price target of $242.00.

Crane Stock Down 3.9%

CR stock opened at $198.27 on Wednesday. The firm has a market cap of $11.47 billion, a PE ratio of 34.07, a P/E/G ratio of 2.34 and a beta of 1.03. Crane has a 12 month low of $159.58 and a 12 month high of $230.50. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.61 and a quick ratio of 1.71. The firm has a 50 day simple moving average of $202.16 and a 200 day simple moving average of $198.29.

Crane (NYSE:CR) last posted its quarterly earnings results on Tuesday, October 27th. The conglomerate reported $2.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.82 by $0.23. The firm had revenue of $756.70 million for the quarter, compared to analyst estimates of $737.08 million. Crane had a net margin of 12.41% and a return on equity of 19.17%. The firm’s quarterly revenue was up 28.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.64 earnings per share. Equities research analysts forecast that Crane will post 7.34 earnings per share for the current fiscal year.

Insider Activity

In other news, Director James Tullis sold 400 shares of the stock in a transaction on Monday, August 31st. The stock was sold at an average price of $205.38, for a total value of $82,152.00. Following the completion of the sale, the director owned 5,021 shares in the company, valued at $1,031,212.98. This represents a 7.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.12% of the stock is owned by insiders.

Institutional Investors Weigh In On Crane

Hedge funds have recently bought and sold shares of the business. Fifth Third Bancorp grew its stake in Crane by 6.6% during the 3rd quarter. Fifth Third Bancorp now owns 19,896 shares of the conglomerate’s stock valued at $4,059,000 after acquiring an additional 1,237 shares in the last quarter. Ritholtz Wealth Management lifted its position in shares of Crane by 16.5% in the third quarter. Ritholtz Wealth Management now owns 8,457 shares of the conglomerate’s stock worth $1,725,000 after purchasing an additional 1,199 shares in the last quarter. Lido Advisors LLC lifted its position in shares of Crane by 6.8% in the third quarter. Lido Advisors LLC now owns 5,402 shares of the conglomerate’s stock worth $1,102,000 after purchasing an additional 345 shares in the last quarter. New York Life Investment Management LLC boosted its holdings in shares of Crane by 10.9% during the third quarter. New York Life Investment Management LLC now owns 7,215 shares of the conglomerate’s stock worth $1,472,000 after purchasing an additional 708 shares during the period. Finally, AlphaCore Capital LLC boosted its holdings in shares of Crane by 484.0% during the third quarter. AlphaCore Capital LLC now owns 6,412 shares of the conglomerate’s stock worth $1,308,000 after purchasing an additional 5,314 shares during the period. 75.14% of the stock is owned by hedge funds and other institutional investors.

Crane News Roundup

Here are the key news stories impacting Crane this week:

• Positive Sentiment: Bank of America cited strong third-quarter execution and an improved 2026 outlook in maintaining its positive view of Crane, with a $250 price target. Crane’s Strong Q3 Execution and Improved 2026 Outlook Support Buy Rating
• Positive Sentiment: Zacks added CR to its Rank #1 (Strong Buy) momentum list, a favorable signal for investors following analyst revisions and price momentum. Best Momentum Stocks to Buy for November 5th
• Positive Sentiment: Zacks also highlighted Crane among stocks that could benefit from manufacturing activity reaching a three-month high, and as a potential cyclical-stock pick. These are broader investment themes, not company-specific announcements. Stocks to Grab as Manufacturing Activity Hits a Three-Month High Cyclical Stocks: Five Picks
• Neutral Sentiment: Several headlines concern Crane NXT (NYSE: CXT), a separate company; its earnings-call coverage and analyst rating do not directly apply to Crane (CR).

Crane Company Profile

Crane Company (NYSE: CR) is a diversified industrial technology company that develops and manufactures highly engineered products for aerospace, industrial, commercial and other specialized markets. The company serves customers worldwide through businesses focused on mission-critical components, systems and services.

Its Aerospace & Electronics segment supplies products such as sensing and control systems, aircraft components, power-management equipment and other electronic solutions for commercial and military aerospace applications.