Arrowstreet Capital Limited Partnership Decreases Position in Crane $CR

Key Points

• Arrowstreet Capital cut its Crane stake by 77.3% in the first quarter, selling 4,669 shares and retaining 1,372 shares valued at approximately $235,000. Institutional investors collectively own 75.14% of Crane.
• Crane reported quarterly adjusted earnings of $1.79 per share, surpassing estimates of $1.68, while revenue rose 25.6% year over year to $724.7 million. The company reaffirmed fiscal 2026 EPS guidance of $6.85–$7.05.
• Analysts maintain a generally positive outlook, with Crane holding a consensus “Buy” rating and an average price target of $236.33. The company also declared a $0.255 quarterly dividend, equivalent to a 0.5% annual yield.

Arrowstreet Capital Limited Partnership decreased its holdings in Crane (NYSE:CR - Free Report) by 77.3% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,372 shares of the conglomerate's stock after selling 4,669 shares during the quarter. Arrowstreet Capital Limited Partnership's holdings in Crane were worth $235,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. TD Capital Management LLC purchased a new position in shares of Crane in the 4th quarter valued at approximately $27,000. Headlands Technologies LLC acquired a new stake in shares of Crane during the second quarter worth $29,000. Flagship Harbor Advisors LLC acquired a new stake in shares of Crane during the fourth quarter worth $33,000. Kelleher Financial Advisors purchased a new stake in shares of Crane during the third quarter valued at $33,000. Finally, GHP Investment Advisors Inc. acquired a new position in shares of Crane in the 1st quarter valued at $34,000. 75.14% of the stock is currently owned by hedge funds and other institutional investors.

Crane Trading Up 0.8%

Crane stock opened at $220.34 on Friday. The firm has a market cap of $12.74 billion, a PE ratio of 38.52, a P/E/G ratio of 2.65 and a beta of 1.03. Crane has a 12 month low of $159.58 and a 12 month high of $230.50. The stock's 50 day simple moving average is $212.91 and its two-hundred day simple moving average is $195.51. The company has a current ratio of 2.80, a quick ratio of 1.84 and a debt-to-equity ratio of 0.50.

Crane (NYSE:CR - Get Free Report) last posted its earnings results on Tuesday, July 28th. The conglomerate reported $1.79 earnings per share for the quarter, beating 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 during the quarter, compared to analyst estimates of $708.46 million. During the same period in the previous year, the firm earned $1.49 EPS. The business's quarterly revenue was up 25.6% on a year-over-year basis. Crane has set its FY 2026 guidance at 6.850-7.050 EPS. Analysts anticipate that Crane will post 6.96 earnings per share for the current year.

Crane Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Monday, August 31st will be given a $0.255 dividend. The ex-dividend date is Monday, August 31st. This represents a $1.02 dividend on an annualized basis and a dividend yield of 0.5%. Crane's dividend payout ratio is 17.83%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on CR. 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 on the stock. Weiss Ratings reiterated a "hold (c+)" rating on shares of Crane in a research report on Friday, July 31st. Stifel Nicolaus increased their price target on shares of Crane from $215.00 to $242.00 and gave the stock a "buy" rating in a report on Monday, July 20th. DA Davidson raised their price target on shares of Crane from $235.00 to $245.00 and gave the stock a "buy" rating in a research report on Thursday, July 30th. Finally, Wall Street Zen cut shares of Crane from a "buy" rating to a "hold" rating in a research note on Saturday, May 9th. Three 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, Crane presently has a consensus rating of "Buy" and an average price target of $236.33.

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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