Crane Co
About: Crane is a diversified industrial firm that manufactures a broad range of products, including valves, pumps, aerospace components, and fiberglass-reinforced plastic panels. Its business is organized into three segments: aerospace and electronics, process flow technologies, and engineered materials. Crane generated approximately $2.1 billion in revenue in 2023.
Employees: 7,300
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
92% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 36
81% more call options, than puts
Call options by funds: $31.9M | Put options by funds: $17.6M
6% more funds holding
Funds holding: 432 [Q2] → 460 (+28) [Q3]
4% more capital invested
Capital invested by funds: $6.3B [Q2] → $6.53B (+$232M) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 5 [Q2] → 5 (+0) [Q3]
4.08% less ownership
Funds ownership: 76.17% [Q2] → 72.09% (-4.08%) [Q3]
33% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 179
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$157
1%
upside
Avg. target
$167
7%
upside
High target
$176
13%
upside
2 analyst ratings
0 positive
0%
2 neutral
100%
0 negative
0%
UBS Damian Karas 69% 1-year accuracy 9 / 13 met price target | 1%upside $157 | Neutral Maintained | 3 Jan 2025 |
Stifel Nathan Jones 65% 1-year accuracy 44 / 68 met price target | 13%upside $176 | Hold Downgraded | 18 Nov 2024 |
Financial journalist opinion
Based on 6 articles about CR published over the past 30 days
Negative
Zacks Investment Research
1 week ago
New Strong Sell Stocks for January 9th
BIDU, CENTA and CR have been added to the Zacks Rank #5 (Strong Sell) List on January 9, 2024.
Neutral
Business Wire
1 week ago
Crane Company Announces Date for Fourth Quarter 2024 Earnings Release and Teleconference
STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (NYSE: CR) announces the following schedule and teleconference information for its fourth quarter 2024 earnings release: Earnings Release: January 27, 2025 after close of market by public distribution and the Crane Company website at www.craneco.com. Teleconference: January 28, 2025 at 10:00 AM (Eastern) hosted by Max H. Mitchell, President & CEO, Alex Alcala, Executive Vice President & COO, and Richard A. Maue, Executive Vice President &a.
Neutral
Zacks Investment Research
2 weeks ago
Crane Company Announces Divestiture of Engineered Materials Segment
CR sells its Engineered Materials segment for $227 million to focus on the core businesses while supporting capital allocation priorities.
Neutral
Business Wire
2 weeks ago
Crane Company Announces Close of Engineered Materials Divestiture
STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (NYSE:CR) (“Crane” or the “Company”), a premier industrial manufacturing and technology company, today announced that it has closed on the previously announced divestiture of its Engineered Materials business to KPS Capital Partners, LP (“KPS”). About Crane Company Crane Company has delivered innovation and technology-led solutions to its customers since its founding in 1855. Today, Crane is a leading manufacturer of highly engineered components f.
Negative
Zacks Investment Research
2 weeks ago
New Strong Sell Stocks for December 31st
AGL, AMPH and CR have been added to the Zacks Rank #24 (Strong Sell) List on December 31, 2024.
Positive
Zacks Investment Research
4 weeks ago
GNRC or CR: Which Is the Better Value Stock Right Now?
Investors interested in stocks from the Manufacturing - General Industrial sector have probably already heard of Generac Holdings (GNRC) and Crane (CR). But which of these two companies is the best option for those looking for undervalued stocks?
Negative
Zacks Investment Research
1 month ago
New Strong Sell Stocks for December 20th
ICLR, BHP and CR have been added to the Zacks Rank #5 (Strong Sell) List on December 20, 2024.
Neutral
Business Wire
1 month ago
Crane Company Announces Promotion of Alejandro (Alex) Alcala to Chief Operating Officer
STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (NYSE:CR) (“Crane” or the “Company”), a premier industrial manufacturing and technology company, has promoted Alejandro (Alex) Alcala to Chief Operating Officer (COO), effective immediately. In this role, Alex will provide both strategic and operational oversight of all Crane business segments, as well as the Crane Business System organization. Max H. Mitchell, Chairman of the Board, President and Chief Executive Officer of Crane Company said, “Si.
Neutral
PRNewsWire
1 month ago
KPS CAPITAL PARTNERS TO ACQUIRE THE ENGINEERED MATERIALS BUSINESS OF CRANE COMPANY
LEADING PROVIDER OF FIBERGLASS REINFORCED PLASTIC COMPOSITE PRODUCTS NEW YORK , Dec. 2, 2024 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that, through a newly formed affiliate, it has signed a definitive agreement to acquire the Engineered Materials business ("Crane Composites" or the "Company") from Crane Company ("Crane", NYSE: CR), for an enterprise value of $227 million. Completion of the transaction is expected in the first quarter of 2025 and is subject to customary closing conditions and approvals.
Neutral
Business Wire
1 month ago
Crane Company Announces Agreement To Sell Engineered Materials Segment To KPS Capital Partners, LP
STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (NYSE:CR) (“Crane” or the “Company”), a premier industrial manufacturing and technology company, announced that it has entered into a definitive agreement to sell its Engineered Materials business to KPS Capital Partners, LP (“KPS”) for $227 million. Max Mitchell, Chairman of the Board, President and Chief Executive Officer of Crane Company said, “This divestiture reflects yet another important step forward following the numerous actions we have t.
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