Crane (NYSE:CR) Issues Quarterly Earnings Results

by · The Markets Daily

Crane (NYSE:CR – Get Free Report) announced its earnings results on Tuesday. The conglomerate reported $1.79 earnings per share for the quarter, topping analysts’ consensus estimates of $1.68 by $0.11, FiscalAI reports. Crane had a net margin of 13.10% and a return on equity of 24.45%. The company had revenue of $724.70 million during the quarter, compared to the consensus estimate of $708.46 million. Crane updated its FY 2026 guidance to 6.850-7.050 EPS.

Crane Trading Down 0.1%

Shares of Crane stock traded down $0.27 during trading on Tuesday, hitting $226.17. 714,927 shares of the company were exchanged, compared to its average volume of 506,755. The firm has a market capitalization of $13.06 billion, a P/E ratio of 29.96, a price-to-earnings-growth ratio of 1.93 and a beta of 1.01. Crane has a 1-year low of $159.58 and a 1-year high of $230.50. The firm’s fifty day moving average price is $205.58 and its 200 day moving average price is $194.44. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.18 and a quick ratio of 0.88.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on CR. Stifel Nicolaus increased 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. Wall Street Zen cut shares of Crane from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. BMO Capital Markets began coverage on Crane in a report on Monday, July 20th. They set an “outperform” rating and a $253.00 price objective on the stock. DA Davidson reiterated a “buy” rating and issued a $235.00 price objective on shares of Crane in a research report on Monday, June 1st. Finally, Weiss Ratings cut Crane from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, May 4th. Three research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Crane currently has a consensus rating of “Buy” and an average price target of $234.00.

Check Out Our Latest Research Report on Crane

Insider Activity at Crane

In other news, Director Susan D. Lynch purchased 150 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The shares were acquired at an average cost of $177.38 per share, for a total transaction of $26,607.00. Following the transaction, the director directly owned 370 shares of the company’s stock, valued at approximately $65,630.60. The trade was a 68.18% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. 2.12% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of CR. Headlands Technologies LLC bought a new stake in Crane in the second quarter valued at approximately $29,000. Kelleher Financial Advisors bought a new position in shares of Crane during the third quarter worth $33,000. Measured Wealth Private Client Group LLC bought a new position in shares of Crane during the third quarter worth $45,000. State of Wyoming grew its holdings 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 buying an additional 102 shares during the period. Finally, Danske Bank A S acquired a new position in shares of Crane in the 3rd quarter valued at $74,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Crane Company Profile

(Get Free Report)

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.

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