Crane (NYSE:CR – Free Report) – Investment analysts at DA Davidson issued their Q1 2025 earnings estimates for Crane in a research note issued to investors on Friday, January 31st. DA Davidson analyst M. Summerville expects that the conglomerate will post earnings per share of $1.31 for the quarter. DA Davidson has a “Buy” rating and a $200.00 price target on the stock. The consensus estimate for Crane’s current full-year earnings is $7.87 per share. DA Davidson also issued estimates for Crane’s FY2026 earnings at $6.40 EPS.
A number of other research firms have also commented on CR. Stifel Nicolaus reduced their price objective on shares of Crane from $176.00 to $170.00 and set a “hold” rating for the company in a research note on Friday, January 24th. UBS Group upped their price target on shares of Crane from $152.00 to $157.00 and gave the company a “neutral” rating in a research report on Friday, January 3rd. Finally, StockNews.com lowered shares of Crane from a “buy” rating to a “hold” rating in a research note on Wednesday, January 29th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $174.80.
Crane Trading Down 0.9 %
NYSE:CR opened at $170.14 on Monday. The stock has a fifty day simple moving average of $162.96 and a 200 day simple moving average of $159.04. The firm has a market capitalization of $9.74 billion, a price-to-earnings ratio of 22.54, a price-to-earnings-growth ratio of 1.93 and a beta of 1.22. Crane has a 1-year low of $118.48 and a 1-year high of $188.52. The company has a quick ratio of 0.88, a current ratio of 1.18 and a debt-to-equity ratio of 0.29.
Crane (NYSE:CR – Get Free Report) last released its quarterly earnings data on Monday, January 27th. The conglomerate reported $1.26 earnings per share for the quarter, topping the consensus estimate of $1.19 by $0.07. Crane had a return on equity of 24.45% and a net margin of 13.10%. During the same quarter last year, the firm posted $0.90 earnings per share.
Hedge Funds Weigh In On Crane
Institutional investors and hedge funds have recently modified their holdings of the stock. Matrix Trust Co purchased a new stake in shares of Crane during the third quarter worth $25,000. V Square Quantitative Management LLC acquired a new position in Crane in the 3rd quarter worth about $28,000. ORG Wealth Partners LLC purchased a new stake in shares of Crane during the 3rd quarter worth about $30,000. UMB Bank n.a. lifted its holdings in shares of Crane by 81.8% during the 3rd quarter. UMB Bank n.a. now owns 220 shares of the conglomerate’s stock valued at $35,000 after buying an additional 99 shares during the last quarter. Finally, Quarry LP bought a new stake in shares of Crane in the 3rd quarter valued at approximately $37,000. 75.14% of the stock is currently owned by hedge funds and other institutional investors.
Crane Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Friday, February 28th will be issued a dividend of $0.23 per share. This is a boost from Crane’s previous quarterly dividend of $0.21. This represents a $0.92 annualized dividend and a dividend yield of 0.54%. The ex-dividend date of this dividend is Friday, February 28th. Crane’s dividend payout ratio (DPR) is currently 18.18%.
About Crane
Crane Company, together with its subsidiaries, manufactures and sells engineered industrial products in the United States, Canada, the United Kingdom, Continental Europe, and internationally. The company operates in three segments: Aerospace & Electronics, Process Flow Technologies, and Engineered Materials.
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