Crane (NYSE:CR) Posts Quarterly Earnings Results, Beats Estimates By $0.21 EPS
by Jessica Moore · The Cerbat GemCrane (NYSE:CR – Get Free Report) issued its quarterly earnings data on Monday. The conglomerate reported $1.65 EPS for the quarter, topping the consensus estimate of $1.44 by $0.21, Zacks reports. Crane had a net margin of 13.10% and a return on equity of 24.45%. The firm had revenue of $696.40 million for the quarter, compared to analyst estimates of $672.45 million. Crane updated its FY 2026 guidance to 6.650-6.850 EPS.
Crane Stock Up 1.5%
Crane stock traded up $2.68 during mid-day trading on Monday, reaching $182.76. 872,652 shares of the company’s stock were exchanged, compared to its average volume of 486,755. The company has a market cap of $10.54 billion, a P/E ratio of 24.21, a P/E/G ratio of 1.93 and a beta of 1.34. Crane has a twelve month low of $146.80 and a twelve month high of $214.31. The company has a quick ratio of 0.88, a current ratio of 1.18 and a debt-to-equity ratio of 0.29. The company has a fifty day moving average of $185.76 and a 200-day moving average of $188.39.
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on CR. Stifel Nicolaus decreased their price objective on shares of Crane from $201.00 to $200.00 and set a “hold” rating on the stock in a report on Tuesday, April 14th. DA Davidson restated a “buy” rating and issued a $235.00 price objective on shares of Crane in a report on Thursday, January 29th. Weiss Ratings restated a “buy (b-)” rating on shares of Crane in a report on Friday, March 27th. Wall Street Zen upgraded shares of Crane from a “hold” rating to a “buy” rating in a report on Saturday, March 14th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $238.00 target price on shares of Crane in a report on Thursday, January 29th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Crane has a consensus rating of “Buy” and an average target price of $223.83.
View Our Latest Stock Analysis on Crane
Insider Activity at Crane
In other Crane news, SVP Jason D. Feldman sold 2,693 shares of the stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $201.95, for a total transaction of $543,851.35. Following the sale, the senior vice president directly owned 10,639 shares in the company, valued at $2,148,546.05. This represents a 20.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Susan D. Lynch bought 150 shares of Crane stock in a transaction on Thursday, January 29th. The shares were acquired at an average price of $182.22 per share, for a total transaction of $27,333.00. Following the completion of the acquisition, the director owned 220 shares in the company, valued at $40,088.40. This represents a 214.29% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired 5,464 shares of company stock worth $987,470 over the last 90 days. 2.12% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Crane
Large investors have recently modified their holdings of the company. Headlands Technologies LLC purchased a new stake in shares of Crane in the 2nd quarter valued at approximately $29,000. Kelleher Financial Advisors purchased a new stake in shares of Crane in the 3rd quarter valued at approximately $33,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Crane in the 3rd quarter valued at approximately $45,000. State of Wyoming increased its position in shares of Crane by 36.6% in the 4th quarter. State of Wyoming now owns 381 shares of the conglomerate’s stock valued at $70,000 after purchasing an additional 102 shares during the last quarter. Finally, Danske Bank A S purchased a new stake in shares of Crane in the 3rd quarter valued at approximately $74,000. 75.14% of the stock is owned by hedge funds and other institutional investors.
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.