Crane $CR Shares Sold by Hantz Financial Services Inc.

Hantz Financial Services Inc. decreased its holdings in shares of Crane (NYSE:CR) by 12.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 51,043 shares of the conglomerate’s stock after selling 6,966 shares during the period. Hantz Financial Services Inc.’s holdings in Crane were worth $9,414,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CR. Northwestern Mutual Wealth Management Co. increased its position in Crane by 289,020.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 7,855,409 shares of the conglomerate’s stock worth $1,448,773,000 after purchasing an additional 7,852,692 shares during the period. Qube Research & Technologies Ltd increased its position in Crane by 114.8% during the 3rd quarter. Qube Research & Technologies Ltd now owns 439,157 shares of the conglomerate’s stock worth $80,866,000 after purchasing an additional 234,681 shares during the period. Millennium Management LLC increased its position in Crane by 116.2% during the 3rd quarter. Millennium Management LLC now owns 401,596 shares of the conglomerate’s stock worth $73,950,000 after purchasing an additional 215,815 shares during the period. AQR Capital Management LLC increased its position in Crane by 84.1% during the 3rd quarter. AQR Capital Management LLC now owns 431,048 shares of the conglomerate’s stock worth $78,300,000 after purchasing an additional 196,917 shares during the period. Finally, UBS Group AG increased its position in Crane by 48.7% during the 3rd quarter. UBS Group AG now owns 568,276 shares of the conglomerate’s stock worth $104,642,000 after purchasing an additional 186,060 shares during the period. Institutional investors and hedge funds own 75.14% of the company’s stock.

Insider Buying and Selling at Crane

In other Crane news, Director Susan D. Lynch purchased 150 shares of Crane stock in a transaction on Thursday, April 30th. The shares were bought at an average price of $177.38 per share, with a total value of $26,607.00. Following the purchase, the director directly owned 370 shares in the company, valued at $65,630.60. This trade represents a 68.18% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.12% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Stifel Nicolaus upgraded Crane from a “hold” rating to a “buy” rating and upped their price target for the stock from $200.00 to $215.00 in a report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $238.00 price target on shares of Crane in a report on Thursday, January 29th. Wall Street Zen cut Crane from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. DA Davidson restated a “buy” rating and issued a $235.00 price target on shares of Crane in a report on Tuesday, April 28th. Finally, Weiss Ratings cut Crane from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 4th. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $226.33.

Crane Price Performance

CR stock opened at $179.71 on Monday. Crane has a 1 year low of $159.58 and a 1 year high of $214.31. 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’s 50 day moving average price is $177.81 and its 200 day moving average price is $187.26. The firm has a market cap of $10.38 billion, a P/E ratio of 23.80, a PEG ratio of 1.93 and a beta of 1.15.

Crane (NYSE:CR) last posted its earnings results on Monday, April 27th. The conglomerate reported $1.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.44 by $0.21. Crane had a return on equity of 24.45% and a net margin of 13.10%.The firm had revenue of $696.40 million for the quarter, compared to analyst estimates of $672.74 million. During the same quarter in the prior year, the company earned $1.39 EPS. Crane’s revenue was up 24.9% on a year-over-year basis. Crane has set its FY 2026 guidance at 6.650-6.850 EPS. On average, sell-side analysts expect that Crane will post 7.87 earnings per share for the current fiscal year.

Crane Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 29th will be paid a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Friday, May 29th. Crane’s dividend payout ratio is currently 18.35%.

About Crane

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.