AXQ Capital LP Sells 6,932 Shares of Crane $CR

Key Points

• AXQ Capital reduced its Crane position by 66.9% in the second quarter, selling 6,932 shares and retaining 3,428 shares valued at approximately $765,000. Institutional investors collectively own 75.14% of Crane.
• Crane exceeded quarterly expectations with EPS of $1.79 versus the $1.68 consensus and revenue of $724.7 million, up 25.6% year over year. The company maintained fiscal 2026 EPS guidance of $6.85–$7.05.
• Crane declared a quarterly dividend of $0.255 per share, equivalent to a 0.5% annualized yield. Analysts maintain a consensus “Buy” rating with an average price target of $239, above the reported share price of $204.33.

AXQ Capital LP lowered its position in shares of Crane (NYSE:CR - Free Report) by 66.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,428 shares of the conglomerate's stock after selling 6,932 shares during the period. AXQ Capital LP's holdings in Crane were worth $765,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. iSAM Funds UK Ltd bought a new stake in Crane in the 2nd quarter valued at about $245,000. Nykredit A S bought a new position in shares of Crane in the second quarter worth $340,000. Public Employees Retirement System of Ohio acquired a new position in Crane in the second quarter valued at about $3,496,000. Ancora Advisors LLC acquired a new position in Crane in the second quarter valued at about $8,664,000. Finally, Madison Asset Management LLC bought a new stake in shares of Crane during the 2nd quarter worth approximately $4,063,000. Institutional investors and hedge funds own 75.14% of the company's stock.

Crane Price Performance

CR stock opened at $204.33 on Monday. The firm has a market cap of $11.81 billion, a price-to-earnings ratio of 35.72, a PEG ratio of 2.44 and a beta of 1.01. The company has a quick ratio of 1.84, a current ratio of 2.80 and a debt-to-equity ratio of 0.50. Crane has a 12-month low of $159.58 and a 12-month high of $230.50. The company's fifty day simple moving average is $215.57 and its 200 day simple moving average is $197.47.

Crane (NYSE:CR - Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The conglomerate reported $1.79 earnings per share for the quarter, topping analysts' consensus estimates of $1.68 by $0.11. The firm had revenue of $724.70 million during the quarter, compared to the consensus estimate of $708.46 million. Crane had a return on equity of 18.67% and a net margin of 12.97%.The business's revenue was up 25.6% compared to the same quarter last year. During the same period last year, the business posted $1.49 EPS. Crane has set its FY 2026 guidance at 6.850-7.050 EPS. On average, analysts expect that Crane will post 6.99 earnings per share for the current year.

Crane Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Monday, August 31st will be paid a $0.255 dividend. 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 payout ratio is 17.83%.

Insiders Place Their Bets

In other news, Director James Tullis sold 400 shares of the firm's stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $205.38, for a total value of $82,152.00. Following the completion of the sale, the director directly owned 5,021 shares in the company, valued at $1,031,212.98. This trade represents a 7.38% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Company insiders own 2.12% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on CR shares. BMO Capital Markets assumed coverage on shares of Crane in a research note on Monday, July 20th. They issued an "outperform" rating and a $253.00 price objective on the stock. DA Davidson boosted their price objective on Crane from $235.00 to $245.00 and gave the stock a "buy" rating in a research report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft set a $240.00 price target on shares of Crane in a report on Tuesday, September 1st. Stifel Nicolaus boosted their price objective on shares of Crane from $215.00 to $242.00 and gave the stock a "buy" rating in a research note on Monday, July 20th. Finally, Weiss Ratings downgraded Crane from a "buy (b)" rating to a "buy (b-)" rating in a report on Thursday, August 27th. Three analysts have rated the stock with a Strong Buy rating and four have given a Buy rating to the company's stock. According to data from MarketBeat.com, Crane presently has an average rating of "Buy" and a consensus price target of $239.00.

About Crane

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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