What is DA Davidson's Forecast for Crane Q2 Earnings?

Crane (NYSE:CR - Free Report) - Stock analysts at DA Davidson issued their Q2 2025 earnings per share (EPS) estimates for Crane in a research report issued on Wednesday, April 30th. DA Davidson analyst M. Summerville anticipates that the conglomerate will post earnings per share of $1.29 for the quarter. DA Davidson has a "Buy" rating and a $200.00 price objective on the stock. The consensus estimate for Crane's current full-year earnings is $7.87 per share.

Crane (NYSE:CR - Get Free Report) last announced its quarterly earnings results on Monday, April 28th. The conglomerate reported $1.39 earnings per share for the quarter, beating analysts' consensus estimates of $1.29 by $0.10. Crane had a return on equity of 24.45% and a net margin of 13.10%. The business had revenue of $557.60 million during the quarter, compared to analysts' expectations of $546.93 million. During the same quarter last year, the business posted $1.22 earnings per share. The business's revenue for the quarter was up 9.3% on a year-over-year basis.

Several other brokerages also recently issued reports on CR. Deutsche Bank Aktiengesellschaft set a $186.00 price objective on Crane and gave the stock a "buy" rating in a research report on Monday, April 14th. UBS Group upgraded Crane from a "neutral" rating to a "buy" rating and upped their price objective for the company from $157.00 to $190.00 in a research report on Tuesday, April 29th. Stifel Nicolaus increased their price objective on Crane from $144.00 to $150.00 and gave the company a "hold" rating in a research note on Wednesday. Finally, StockNews.com downgraded shares of Crane from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $178.20.

Crane Price Performance

Shares of NYSE CR traded up $4.44 on Thursday, hitting $167.48. The company's stock had a trading volume of 340,632 shares, compared to its average volume of 267,546. The stock has a 50 day moving average of $150.45 and a 200-day moving average of $160.15. The company has a market capitalization of $9.61 billion, a price-to-earnings ratio of 22.18, a price-to-earnings-growth ratio of 1.93 and a beta of 1.28. Crane has a 12-month low of $127.04 and a 12-month high of $188.52. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.18 and a quick ratio of 0.88.

Crane Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Friday, May 30th will be given a dividend of $0.23 per share. The ex-dividend date is Friday, May 30th. This represents a $0.92 annualized dividend and a yield of 0.55%. Crane's dividend payout ratio (DPR) is presently 15.94%.

Insiders Place Their Bets

In other news, VP Alejandro Alcala sold 2,293 shares of the business's stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $170.96, for a total transaction of $392,011.28. Following the completion of the sale, the vice president now directly owns 32,963 shares of the company's stock, valued at $5,635,354.48. The trade was a 6.50 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 2.12% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Norges Bank acquired a new position in Crane during the fourth quarter valued at approximately $144,961,000. Alliancebernstein L.P. raised its stake in shares of Crane by 619.4% in the 4th quarter. Alliancebernstein L.P. now owns 499,656 shares of the conglomerate's stock valued at $75,823,000 after acquiring an additional 430,201 shares during the period. Capital World Investors lifted its holdings in shares of Crane by 16.9% during the 4th quarter. Capital World Investors now owns 2,455,854 shares of the conglomerate's stock valued at $372,676,000 after acquiring an additional 355,765 shares in the last quarter. Wealthfront Advisers LLC acquired a new stake in Crane in the 4th quarter valued at $45,127,000. Finally, Select Equity Group L.P. raised its position in Crane by 25.2% in the fourth quarter. Select Equity Group L.P. now owns 754,170 shares of the conglomerate's stock valued at $114,445,000 after purchasing an additional 151,717 shares during the period. Institutional investors and hedge funds own 75.14% of the company's stock.

Crane Company Profile

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.