Crane (NYSE:CR) Posts Earnings Results, Beats Expectations By $0.11 EPS

Crane (NYSE:CR) issued its quarterly earnings results on Tuesday. The conglomerate reported $1.79 EPS for the quarter, beating analysts’ consensus estimates of $1.68 by $0.11, FiscalAI reports. The company had revenue of $724.70 million for the quarter, compared to analyst estimates of $708.46 million. Crane had a return on equity of 24.45% and a net margin of 13.10%.The company’s quarterly revenue was up 25.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.49 earnings per share. Crane updated its FY 2026 guidance to 6.850-7.050 EPS.

Crane Stock Performance

CR traded up $6.26 during trading on Thursday, hitting $212.99. The stock had a trading volume of 116,450 shares, compared to its average volume of 508,193. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.18 and a quick ratio of 0.88. The firm has a market cap of $12.30 billion, a price-to-earnings ratio of 28.19, a P/E/G ratio of 1.93 and a beta of 1.01. The company has a 50 day moving average price of $207.42 and a 200-day moving average price of $194.72. Crane has a one year low of $159.58 and a one year high of $230.50.

Crane Announces Dividend

The company also recently declared 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. This represents a $1.02 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Monday, August 31st. Crane’s dividend payout ratio (DPR) is presently 18.35%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Sivia Capital Partners LLC acquired a new stake in Crane during the second quarter worth approximately $207,000. Focus Partners Advisor Solutions LLC lifted its position in shares of Crane by 21.8% during the 4th quarter. Focus Partners Advisor Solutions LLC now owns 2,769 shares of the conglomerate’s stock valued at $511,000 after acquiring an additional 495 shares during the period. Aviva PLC lifted its position in shares of Crane by 3.0% during the 4th 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. Cerity Partners LLC acquired a new position in Crane in the second quarter valued at about $492,000. Finally, Lido Advisors LLC lifted its position in Crane by 4.8% during the fourth quarter. Lido Advisors LLC now owns 2,633 shares of the conglomerate’s stock worth $485,000 after purchasing an additional 120 shares during the period. Institutional investors and hedge funds own 75.14% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. DA Davidson reissued a “buy” rating and issued a $235.00 target price on shares of Crane in a research report on Monday, June 1st. BMO Capital Markets initiated coverage on shares of Crane in a research note on Monday, July 20th. They set an “outperform” rating and a $253.00 price target for the company. Stifel Nicolaus lifted their price objective on shares of Crane from $215.00 to $242.00 and gave the company a “buy” rating in a report on Monday, July 20th. Wall Street Zen lowered shares of Crane from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Weiss Ratings downgraded shares of Crane from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, May 4th. Three investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $234.67.

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.