Crane $CR Stake Boosted by Quantinno Capital Management LP

Quantinno Capital Management LP lifted its stake in shares of Crane (NYSE:CR) by 5.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 45,549 shares of the conglomerate’s stock after purchasing an additional 2,515 shares during the quarter. Quantinno Capital Management LP owned about 0.08% of Crane worth $7,789,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. Signaturefd LLC grew its stake in Crane by 5.2% during the 4th quarter. Signaturefd LLC now owns 1,167 shares of the conglomerate’s stock worth $215,000 after buying an additional 58 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Crane by 0.4% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 16,797 shares of the conglomerate’s stock worth $3,098,000 after buying an additional 65 shares during the period. Cresset Asset Management LLC lifted its stake in Crane by 2.4% in the second quarter. Cresset Asset Management LLC now owns 3,245 shares of the conglomerate’s stock valued at $616,000 after buying an additional 76 shares during the last quarter. Aviva PLC boosted its holdings in shares of Crane by 3.0% during the fourth quarter. Aviva PLC now owns 2,671 shares of the conglomerate’s stock valued at $493,000 after acquiring an additional 78 shares during the period. Finally, Allspring Global Investments Holdings LLC boosted its holdings in shares of Crane by 0.6% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 15,168 shares of the conglomerate’s stock valued at $2,844,000 after acquiring an additional 84 shares during the period. Institutional investors own 75.14% of the company’s stock.

Crane Price Performance

Shares of NYSE CR opened at $223.39 on Thursday. The stock has a market cap of $12.91 billion, a P/E ratio of 29.59, a P/E/G ratio of 1.93 and a beta of 1.03. The firm’s 50-day simple moving average is $211.43 and its 200 day simple moving average is $195.26. Crane has a fifty-two week low of $159.58 and a fifty-two week high of $230.50. The company has a quick ratio of 0.88, a current ratio of 1.18 and a debt-to-equity ratio of 0.29.

Crane (NYSE:CR) last announced its earnings results on Tuesday, July 28th. The conglomerate reported $1.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.68 by $0.11. Crane had a net margin of 13.10% and a return on equity of 24.45%. The firm had revenue of $724.70 million during the quarter, compared to analyst estimates of $708.46 million. During the same quarter in the prior year, the firm posted $1.49 EPS. Crane’s revenue was up 25.6% compared to the same quarter last year. Crane has set its FY 2026 guidance at 6.850-7.050 EPS. Equities analysts expect that Crane will post 7.87 EPS for the current year.

Crane Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Monday, August 31st will be issued a dividend of $0.255 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $1.02 annualized dividend and a yield of 0.5%. Crane’s payout ratio is presently 17.83%.

Crane News Roundup

Here are the key news stories impacting Crane this week:

• Neutral Sentiment: A report reviewing analyst questions from Crane’s (CR) second-quarter earnings call was published, but the available headline provides no new guidance, material estimate changes or other developments likely to significantly move the stock. Crane’s previously reported results were strong, with quarterly revenue and adjusted earnings exceeding consensus estimates. 5 revealing analyst questions from Crane’s Q2 earnings call
• Neutral Sentiment: Crane NXT (NYSE: CXT) reported second-quarter sales of $493.2 million, up 22% year over year, and raised its full-year adjusted EPS outlook to $4.22-$4.42. However, CXT is a separate publicly traded company from Crane Co. (CR), so these results should not be treated as a direct earnings catalyst for CR. Crane NXT Q2 Sales Rise 22 Percent to $493 Million
• Neutral Sentiment: Reports about a collapsed construction crane being removed from the Cooper River are unrelated to Crane Co. (CR) and do not appear to affect its operations or financial outlook. Collapsed crane cleared from Cooper River

Wall Street Analysts Forecast Growth

CR has been the topic of a number of analyst reports. DA Davidson increased their price objective on shares of Crane from $235.00 to $245.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Weiss Ratings reissued a “hold (c+)” rating on shares of Crane in a research note on Friday, July 31st. Wall Street Zen cut shares of Crane from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Stifel Nicolaus raised their price target on shares of Crane from $215.00 to $242.00 and gave the company a “buy” rating in a research note on Monday, July 20th. Finally, BMO Capital Markets began coverage on Crane in a research report on Monday, July 20th. They set an “outperform” rating and a $253.00 price objective for the company. Three analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $236.33.

Crane 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.