Crane $CR Shares Acquired by Tudor Investment Corp ET AL

Key Points

• Tudor Investment Corp increased its stake in Crane by 314.8% in Q3 to 74,801 shares (an additional 56,768 shares) worth about $13.77 million, representing roughly 0.13% of the company.
• Analysts are broadly bullish on Crane with a consensus Buy rating and an average price target of $224, supported by multiple upgrades and two "Strong Buy" ratings.
• Crane beat quarterly expectations with $1.53 EPS versus $1.43 expected, set FY2026 guidance of 6.55–6.75 EPS, and raised its quarterly dividend to $0.255 (annualized $1.02, ~0.6% yield).

Tudor Investment Corp ET AL increased its position in shares of Crane (NYSE:CR - Free Report) by 314.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 74,801 shares of the conglomerate's stock after buying an additional 56,768 shares during the period. Tudor Investment Corp ET AL owned about 0.13% of Crane worth $13,774,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. First Horizon Corp acquired a new stake in shares of Crane during the third quarter valued at about $26,000. Headlands Technologies LLC acquired a new position in shares of Crane in the second quarter worth about $29,000. Assetmark Inc. boosted its holdings in Crane by 57.9% in the third quarter. Assetmark Inc. now owns 180 shares of the conglomerate's stock valued at $33,000 after purchasing an additional 66 shares during the last quarter. Kelleher Financial Advisors purchased a new position in Crane in the third quarter valued at about $33,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in Crane during the 3rd quarter valued at approximately $45,000. 75.14% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have issued reports on CR. CJS Securities upgraded Crane to a "strong-buy" rating in a report on Thursday, December 11th. DA Davidson reissued a "buy" rating and set a $235.00 price target on shares of Crane in a research report on Thursday, January 29th. Wolfe Research set a $215.00 price target on shares of Crane and gave the stock an "outperform" rating in a research note on Thursday, December 4th. Wall Street Zen raised shares of Crane from a "hold" rating to a "buy" rating in a report on Saturday, March 14th. Finally, Weiss Ratings reiterated a "buy (b-)" rating on shares of Crane in a research note on Monday, December 29th. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $224.00.

Crane Stock Down 3.6%

Shares of Crane stock opened at $168.00 on Friday. The stock has a market capitalization of $9.69 billion, a price-to-earnings ratio of 22.25, a PEG ratio of 1.93 and a beta of 1.18. Crane has a twelve month low of $127.04 and a twelve month high of $214.31. The company has a current ratio of 1.18, a quick ratio of 0.88 and a debt-to-equity ratio of 0.29. The business's 50 day simple moving average is $195.21 and its 200-day simple moving average is $188.87.

Crane (NYSE:CR - Get Free Report) last released its quarterly earnings data on Monday, January 26th. The conglomerate reported $1.53 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.43 by $0.10. The business had revenue of $581.00 million during the quarter, compared to analyst estimates of $572.16 million. Crane had a return on equity of 24.45% and a net margin of 13.10%.The business's revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.38 EPS. Crane has set its FY 2026 guidance at 6.550-6.75 EPS. Equities research analysts forecast that Crane will post 7.87 earnings per share for the current year.

Crane Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Friday, February 27th were issued a dividend of $0.255 per share. This represents a $1.02 annualized dividend and a dividend yield of 0.6%. This is a positive change from Crane's previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Friday, February 27th. Crane's dividend payout ratio is presently 16.32%.

Insider Buying and Selling at Crane

In other news, Director Jennifer Pollino purchased 1,500 shares of the stock in a transaction dated Thursday, January 29th. The stock was acquired at an average price of $184.29 per share, for a total transaction of $276,435.00. Following the completion of the transaction, the director owned 1,500 shares of the company's stock, valued at approximately $276,435. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Jason D. Feldman sold 2,693 shares of Crane stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $201.95, for a total transaction of $543,851.35. Following the completion of the sale, the senior vice president owned 10,639 shares in the company, valued at approximately $2,148,546.05. This represents a 20.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have purchased 5,464 shares of company stock valued at $987,470. Corporate insiders own 2.12% of the company's stock.

Crane Company 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.