Healthcare of Ontario Pension Plan Trust Fund Purchases New Stake in Crane $CR

Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of Crane (NYSE:CR - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 36,300 shares of the conglomerate's stock, valued at approximately $6,207,000. Healthcare of Ontario Pension Plan Trust Fund owned approximately 0.06% of Crane as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Geode Capital Management LLC lifted its holdings in shares of Crane by 4.0% during the 4th quarter. Geode Capital Management LLC now owns 917,679 shares of the conglomerate's stock valued at $169,282,000 after acquiring an additional 35,441 shares in the last quarter. Tudor Investment Corp ET AL increased its holdings in Crane by 314.8% in the 3rd quarter. Tudor Investment Corp ET AL now owns 74,801 shares of the conglomerate's stock valued at $13,774,000 after purchasing an additional 56,768 shares in the last quarter. Hsbc Holdings PLC raised its position in Crane by 92.7% in the fourth quarter. Hsbc Holdings PLC now owns 113,556 shares of the conglomerate's stock valued at $21,198,000 after purchasing an additional 54,619 shares during the period. Congruence Capital LLC purchased a new position in Crane in the fourth quarter valued at about $18,604,000. Finally, Venture Visionary Partners LLC lifted its stake in shares of Crane by 25.0% during the fourth quarter. Venture Visionary Partners LLC now owns 50,694 shares of the conglomerate's stock worth $9,469,000 after purchasing an additional 10,136 shares in the last quarter. Institutional investors and hedge funds own 75.14% of the company's stock.

Crane Stock Performance

CR stock opened at $207.06 on Thursday. The stock's 50 day simple moving average is $207.42 and its 200 day simple moving average is $194.72. Crane has a 12-month low of $159.58 and a 12-month high of $230.50. The firm has a market cap of $11.96 billion, a P/E ratio of 27.43, a P/E/G ratio of 1.93 and a beta of 1.01. The company has a current ratio of 1.18, a quick ratio of 0.88 and a debt-to-equity ratio of 0.29.

Crane (NYSE:CR - Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The conglomerate reported $1.79 EPS 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 net margin of 13.10% and a return on equity of 24.45%. The firm's revenue was up 25.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.49 earnings per share. Crane has set its FY 2026 guidance at 6.850-7.050 EPS. As a group, equities research analysts predict that Crane will post 7.87 EPS for the current year.

Crane Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Monday, August 31st will be given a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, August 31st. Crane's dividend payout ratio is currently 18.35%.

Crane News Summary

Here are the key news stories impacting Crane this week:

• Positive Sentiment: Strong Q2 performance: Crane reported second-quarter revenue of $724.7 million, up 25.6% year over year and above the $708.5 million consensus estimate. Adjusted EPS was $1.79, exceeding expectations of $1.68, while operating profit increased 40.2% and operating margin expanded 210 basis points to 19.9%. Crane Company Reports Second Quarter 2026 Results
• Positive Sentiment: Full-year outlook raised: Management increased fiscal 2026 adjusted EPS guidance to $6.85-$7.05 from $6.65-$6.85, above the $6.79 analyst consensus. The company also reported a $1.887 billion backlog at June 30, providing visibility into future revenue. Crane raises outlook after Q2 sales climb 25.6%
• Positive Sentiment: Broad-based segment growth: Aerospace & Advanced Technologies sales rose 31.3%, including 13.3% core growth, while Process Flow Technologies sales increased 20.9%. Crane also declared a quarterly dividend of $0.255 per share, payable September 9 to shareholders of record August 31.
• Neutral Sentiment: Earnings-call context: The Q2 call is the latest source for management’s discussion of segment demand, margins, backlog conversion, and the raised outlook—key factors investors may weigh in assessing whether recent growth rates can continue. Crane Q2 2026 Earnings Call Transcript
• Negative Sentiment: High expectations may be pressuring the stock: Despite the beat and raised guidance, Crane trades at roughly 27 times earnings. Investors may be taking profits or demanding stronger guidance after the stock approached its 52-week high, particularly as the reported outlook implies only modest additional improvement over current expectations.

Analyst Upgrades and Downgrades

CR has been the subject of several analyst reports. Weiss Ratings downgraded Crane from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Monday, May 4th. Stifel Nicolaus boosted their price target on Crane from $215.00 to $242.00 and gave the stock a "buy" rating in a research report on Monday, July 20th. BMO Capital Markets started coverage on shares of Crane in a research report on Monday, July 20th. They issued an "outperform" rating and a $253.00 price objective for the company. DA Davidson reiterated a "buy" rating and set a $235.00 price objective on shares of Crane in a research note on Monday, June 1st. Finally, Wall Street Zen lowered shares of Crane from a "buy" rating to a "hold" rating in a research note on Saturday, May 9th. Three investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Crane has an average rating of "Buy" and an average target price of $234.67.

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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