Ancora Advisors LLC Lowers Stock Holdings in Crane $CR

Key Points

• Ancora Advisors reduced its Crane holdings by 16.5% in the second quarter, selling 7,650 shares and retaining 38,838 shares valued at approximately $8.66 million. Institutional investors collectively own 75.14% of Crane.
• Crane reported stronger-than-expected quarterly results, with EPS of $1.79 versus the $1.68 consensus and revenue of $724.7 million, up 25.6% year over year. The company issued fiscal 2026 EPS guidance of $6.85–$7.05.
• Crane shares recently traded down 2.5% to $199.87, while analysts maintained a generally positive outlook with an average “Buy” rating and a consensus price target of $239. The company also declared a quarterly dividend of $0.255 per share.

Ancora Advisors LLC reduced its holdings in Crane (NYSE:CR - Free Report) by 16.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 38,838 shares of the conglomerate's stock after selling 7,650 shares during the period. Ancora Advisors LLC owned about 0.07% of Crane worth $8,664,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. TD Capital Management LLC purchased a new stake in Crane in the 4th quarter worth $27,000. Headlands Technologies LLC purchased a new stake in shares of Crane during the second quarter worth about $29,000. Kelleher Financial Advisors acquired a new position in shares of Crane during the 3rd quarter worth about $33,000. GHP Investment Advisors Inc. purchased a new stake in Crane during the 1st quarter worth approximately $34,000. Finally, IFP Advisors Inc increased its stake in Crane by 193.7% during the 4th quarter. IFP Advisors Inc now owns 232 shares of the conglomerate's stock worth $43,000 after buying an additional 153 shares in the last quarter. 75.14% of the stock is currently owned by hedge funds and other institutional investors.

Crane Trading Down 2.5%

Shares of CR stock opened at $199.87 on Wednesday. Crane has a 1-year low of $159.58 and a 1-year high of $230.50. The firm has a market cap of $11.55 billion, a PE ratio of 34.94, a price-to-earnings-growth ratio of 2.47 and a beta of 1.01. The company has a 50-day moving average of $216.59 and a two-hundred day moving average of $197.42. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.80 and a quick ratio of 1.84.

Crane (NYSE:CR - Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The conglomerate reported $1.79 EPS for the quarter, topping the consensus estimate of $1.68 by $0.11. Crane had a net margin of 12.97% and a return on equity of 18.67%. The firm had revenue of $724.70 million for the quarter, compared to analyst estimates of $708.46 million. During the same period in the prior year, the business posted $1.49 EPS. The business's revenue for the quarter was up 25.6% compared to the same quarter last year. Crane has set its FY 2026 guidance at 6.850-7.050 EPS. On average, analysts predict that Crane will post 6.96 EPS for the current year.

Crane Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Monday, August 31st will be paid 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 is presently 17.83%.

Insider Activity at Crane

In other news, Director James L. L Tullis sold 614 shares of the company's stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $225.00, for a total transaction of $138,150.00. Following the sale, the director owned 5,421 shares of the company's stock, valued at approximately $1,219,725. This represents a 10.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.12% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

CR has been the topic of a number of research reports. DA Davidson raised their price objective on Crane from $235.00 to $245.00 and gave the company a "buy" rating in a report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft set a $240.00 price objective on shares of Crane in a report on Tuesday. Wall Street Zen lowered shares of Crane from a "buy" rating to a "hold" rating in a research note on Saturday, May 9th. Stifel Nicolaus lifted their price objective on Crane from $215.00 to $242.00 and gave the stock a "buy" rating in a research report on Monday, July 20th. Finally, Weiss Ratings lowered Crane from a "buy (b)" rating to a "buy (b-)" rating in a research note on Thursday, August 27th. Three analysts have rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of $239.00.

Crane 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.

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