Crane (NYSE:CR) Upgraded at Zacks Research

Crane (NYSE:CR) was upgraded by stock analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Wednesday, Zacks reports.

CR has been the subject of several other reports. Deutsche Bank Aktiengesellschaft set a $240.00 price objective on shares of Crane in a report on Tuesday, September 1st. DA Davidson set a $255.00 price target on shares of Crane in a research report on Thursday, October 29th. Stifel Nicolaus lifted their price target on Crane from $242.00 to $247.00 and gave the stock a “buy” rating in a research note on Thursday, October 29th. BMO Capital Markets began coverage on Crane in a report on Monday, July 20th. They issued an “outperform” rating and a $253.00 price objective for the company. Finally, Weiss Ratings cut Crane from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, October 30th. Four research analysts have rated the stock with a Strong Buy rating and four have given a Buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Strong Buy” and an average price target of $242.00.

Crane Trading Down 3.9%

Shares of CR opened at $198.27 on Wednesday. Crane has a one year low of $159.58 and a one year high of $230.50. The stock has a 50-day moving average price of $202.16 and a 200 day moving average price of $198.29. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.71 and a current ratio of 2.61. The company has a market capitalization of $11.47 billion, a P/E ratio of 34.07, a P/E/G ratio of 2.34 and a beta of 1.03.

Crane (NYSE:CR) last announced its earnings results on Tuesday, October 27th. The conglomerate reported $2.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.82 by $0.23. The company had revenue of $756.70 million for the quarter, compared to analyst estimates of $737.08 million. Crane had a return on equity of 19.17% and a net margin of 12.41%. Crane’s quarterly revenue was up 28.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.64 EPS. Sell-side analysts forecast that Crane will post 7.34 EPS for the current fiscal year.

Insider Buying and Selling at Crane

In related news, Director James Tullis sold 400 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $205.38, for a total value of $82,152.00. Following the sale, the director owned 5,021 shares of the company’s stock, valued at approximately $1,031,212.98. This trade represents a 7.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 2.12% of the company’s stock.

Institutional Investors Weigh In On Crane

A number of hedge funds have recently added to or reduced their stakes in the stock. Fifth Third Bancorp lifted its position in Crane by 6.6% in the third quarter. Fifth Third Bancorp now owns 19,896 shares of the conglomerate’s stock worth $4,059,000 after purchasing an additional 1,237 shares during the period. Ritholtz Wealth Management increased its position in shares of Crane by 16.5% during the 3rd quarter. Ritholtz Wealth Management now owns 8,457 shares of the conglomerate’s stock valued at $1,725,000 after purchasing an additional 1,199 shares during the period. Lido Advisors LLC increased its position in shares of Crane by 6.8% during the 3rd quarter. Lido Advisors LLC now owns 5,402 shares of the conglomerate’s stock valued at $1,102,000 after purchasing an additional 345 shares during the period. New York Life Investment Management LLC raised its stake in shares of Crane by 10.9% in the 3rd quarter. New York Life Investment Management LLC now owns 7,215 shares of the conglomerate’s stock worth $1,472,000 after buying an additional 708 shares in the last quarter. Finally, AlphaCore Capital LLC raised its stake in shares of Crane by 484.0% in the 3rd quarter. AlphaCore Capital LLC now owns 6,412 shares of the conglomerate’s stock worth $1,308,000 after buying an additional 5,314 shares in the last quarter. 75.14% of the stock is currently owned by institutional investors.

Key Stories Impacting Crane

Here are the key news stories impacting Crane this week:

• Positive Sentiment: Bank of America cited strong third-quarter execution and an improved 2026 outlook in maintaining its positive view of Crane, with a $250 price target. Crane’s Strong Q3 Execution and Improved 2026 Outlook Support Buy Rating
• Positive Sentiment: Zacks added CR to its Rank #1 (Strong Buy) momentum list, a favorable signal for investors following analyst revisions and price momentum. Best Momentum Stocks to Buy for November 5th
• Positive Sentiment: Zacks also highlighted Crane among stocks that could benefit from manufacturing activity reaching a three-month high, and as a potential cyclical-stock pick. These are broader investment themes, not company-specific announcements. Stocks to Grab as Manufacturing Activity Hits a Three-Month High Cyclical Stocks: Five Picks
• Neutral Sentiment: Several headlines concern Crane NXT (NYSE: CXT), a separate company; its earnings-call coverage and analyst rating do not directly apply to Crane (CR).

Crane Company Profile

Crane Company (NYSE: CR) is a diversified industrial technology company that develops and manufactures highly engineered products for aerospace, industrial, commercial and other specialized markets. The company serves customers worldwide through businesses focused on mission-critical components, systems and services.

Its Aerospace & Electronics segment supplies products such as sensing and control systems, aircraft components, power-management equipment and other electronic solutions for commercial and military aerospace applications.