Wealth Enhancement Advisory Services LLC Has $2.01 Million Stake in Crane $CR

Wealth Enhancement Advisory Services LLC boosted its holdings in Crane (NYSE:CR) by 39.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,268 shares of the conglomerate’s stock after buying an additional 3,173 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Crane were worth $2,014,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. First Horizon Corp bought a new stake in shares of Crane during the 3rd quarter valued at $26,000. Headlands Technologies LLC bought a new position in shares of Crane in the 2nd quarter worth $29,000. Parkside Financial Bank & Trust grew its stake in shares of Crane by 63.4% during the second quarter. Parkside Financial Bank & Trust now owns 219 shares of the conglomerate’s stock worth $42,000 after purchasing an additional 85 shares during the period. Mather Group LLC. bought a new stake in Crane in the third quarter valued at about $60,000. Finally, Allworth Financial LP lifted its stake in Crane by 15.4% in the second quarter. Allworth Financial LP now owns 390 shares of the conglomerate’s stock valued at $74,000 after buying an additional 52 shares during the period. 75.14% of the stock is owned by institutional investors.

Analyst Ratings Changes

CR has been the subject of several analyst reports. CJS Securities upgraded Crane to a “strong-buy” rating in a research report on Thursday, December 11th. Stifel Nicolaus lifted their price objective on shares of Crane from $200.00 to $201.00 and gave the stock a “hold” rating in a research note on Friday, January 23rd. Wolfe Research set a $215.00 price objective on shares of Crane and gave the company an “outperform” rating in a report on Thursday, December 4th. DA Davidson reiterated a “buy” rating and issued a $235.00 target price on shares of Crane in a report on Thursday. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Crane in a research report on Monday, December 29th. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of $224.00.

Crane Price Performance

NYSE CR opened at $183.03 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.88 and a current ratio of 1.18. The stock has a market cap of $10.54 billion, a price-to-earnings ratio of 24.24, a PEG ratio of 1.93 and a beta of 1.24. The business has a 50 day simple moving average of $191.49 and a 200 day simple moving average of $188.52. Crane has a 52-week low of $127.04 and a 52-week high of $214.31.

Crane (NYSE:CR) last released its quarterly 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. Crane had a net margin of 13.10% and a return on equity of 24.45%. The company had revenue of $581.00 million during the quarter, compared to analysts’ expectations of $572.16 million. During the same quarter in the prior year, the company earned $1.38 earnings per share. The business’s quarterly revenue was up 6.8% compared to the same quarter last year. Crane has set its FY 2026 guidance at 6.550-6.75 EPS. Analysts anticipate that Crane will post 7.87 earnings per share for the current fiscal year.

Crane Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Friday, February 27th will be issued a $0.255 dividend. This represents a $1.02 dividend on an annualized basis and a dividend yield of 0.6%. This is a positive change from Crane’s previous quarterly dividend of $0.23. The ex-dividend date is Friday, February 27th. Crane’s dividend payout ratio is presently 16.32%.

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.