Crane (NYSE:CR - Free Report) - Equities research analysts at DA Davidson issued their Q1 2025 EPS estimates for Crane in a report issued on Friday, January 31st. DA Davidson analyst M. Summerville forecasts that the conglomerate will post earnings of $1.31 per share for the quarter. DA Davidson has a "Buy" rating and a $200.00 price objective on the stock. The consensus estimate for Crane's current full-year earnings is $7.87 per share. DA Davidson also issued estimates for Crane's FY2026 earnings at $6.40 EPS.
Several other research firms also recently weighed in on CR. UBS Group increased their price target on shares of Crane from $152.00 to $157.00 and gave the stock a "neutral" rating in a research report on Friday, January 3rd. StockNews.com cut Crane from a "buy" rating to a "hold" rating in a report on Wednesday, January 29th. Finally, Stifel Nicolaus decreased their price target on Crane from $176.00 to $170.00 and set a "hold" rating on the stock in a report on Friday, January 24th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $174.80.
Check Out Our Latest Stock Report on Crane
Crane Stock Performance
Crane stock traded up $2.11 during midday trading on Monday, reaching $173.34. 202,725 shares of the company traded hands, compared to its average volume of 281,401. The firm has a market capitalization of $9.92 billion, a price-to-earnings ratio of 22.96, a price-to-earnings-growth ratio of 1.93 and a beta of 1.22. The business has a 50 day moving average of $162.38 and a two-hundred day moving average of $159.32. Crane has a 12 month low of $118.48 and a 12 month high of $188.52. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.18 and a quick ratio of 0.88.
Crane (NYSE:CR - Get Free Report) last announced its quarterly earnings data on Monday, January 27th. The conglomerate reported $1.26 earnings per share for the quarter, topping analysts' consensus estimates of $1.19 by $0.07. Crane had a net margin of 13.10% and a return on equity of 24.45%. During the same period in the previous year, the firm earned $0.90 EPS.
Institutional Investors Weigh In On Crane
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Millennium Management LLC boosted its position in shares of Crane by 42.3% during the 2nd quarter. Millennium Management LLC now owns 37,104 shares of the conglomerate's stock worth $5,379,000 after acquiring an additional 11,034 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Crane in the 2nd quarter worth approximately $884,000. UMB Bank n.a. grew its holdings in shares of Crane by 81.8% in the 3rd quarter. UMB Bank n.a. now owns 220 shares of the conglomerate's stock worth $35,000 after acquiring an additional 99 shares during the period. Matrix Trust Co acquired a new stake in Crane during the 3rd quarter valued at $25,000. Finally, DLK Investment Management LLC acquired a new stake in shares of Crane during the third quarter worth $895,000. Hedge funds and other institutional investors own 75.14% of the company's stock.
Crane Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Friday, February 28th will be given a dividend of $0.23 per share. This is an increase from Crane's previous quarterly dividend of $0.21. The ex-dividend date is Friday, February 28th. This represents a $0.92 dividend on an annualized basis and a yield of 0.53%. Crane's dividend payout ratio (DPR) is presently 18.18%.
About Crane
(
Get Free Report)
Crane Company, together with its subsidiaries, manufactures and sells engineered industrial products in the United States, Canada, the United Kingdom, Continental Europe, and internationally. The company operates in three segments: Aerospace & Electronics, Process Flow Technologies, and Engineered Materials.
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