Crane Company (NYSE:CR) is expected to pay $0.33 on Dec 9, 2016. The indicated annual dividend is $1.32. Shareholders owning the stock before Nov 28, 2016 will be eligible to receive the payout. Based on Crane Company’s current price of $75.85, the dividend is 0.44%. This dividend’s record date is Nov 30, 2016 and the announcement date is Oct 25, 2016. The stock increased 0.24% or $0.18 on November 25, hitting $75.85. About 119,704 shares traded hands. Crane Co. (NYSE:CR) has risen 33.94% since April 25, 2016 and is uptrending. It has outperformed by 27.93% the S&P500.
Crane Co. is a diversified manufacturer of engineered industrial products. The company has a market cap of $4.46 billion. The Firm operates in four divisions: Fluid Handling, Payment & Merchandising Technologies, Aerospace & Electronics, and Engineered Materials. It has a 17.79 P/E ratio. The Fluid Handling segment is a well-known provider of engineered fluid handling equipment, including Process Valves and Related Products, Commercial Valves and Other Products.
Insitutional Activity: The institutional sentiment increased to 1.39 in Q2 2016. Its up 0.17, from 1.22 in 2016Q1. The ratio is positive, as 25 funds sold all Crane Co. shares owned while 76 reduced positions. 32 funds bought stakes while 91 increased positions. They now own 33.45 million shares or 9.63% less from 37.02 million shares in 2016Q1.
The Ontario – Canada-based Canada Pension Plan Invest Board has invested 0.01% in Crane Co. (NYSE:CR). Metropolitan Life Insur Company Ny has invested 0.02% of its portfolio in Crane Co. (NYSE:CR). Ibm Retirement Fund last reported 4,916 shares in the company. Creative Planning has 1,023 shares for 0% of their US portfolio. The Ohio-based Victory Mgmt has invested 0.14% in Crane Co. (NYSE:CR). The United Kingdom-based Legal & General Grp Public Ltd Liability has invested 0% in Crane Co. (NYSE:CR). Manufacturers Life Insur Communications The last reported 0.01% of its portfolio in the stock. Sigma Planning Corp reported 5,075 shares or 0.04% of all its holdings. Savings Bank Of Ny Mellon reported 912,835 shares or 0.02% of all its holdings. New York State Teachers Retirement System reported 79,759 shares or 0.01% of all its holdings. Leuthold Gp Limited Liability Corporation owns 48,901 shares or 0.29% of their US portfolio. Moreover, Bragg Advisors Inc has 0.48% invested in Crane Co. (NYSE:CR) for 46,790 shares. American Int Gru last reported 144,840 shares in the company. The Colorado-based Advisors Asset Mngmt has invested 0.14% in Crane Co. (NYSE:CR). Blackrock Fund Advsrs has invested 0.02% of its portfolio in Crane Co. (NYSE:CR).
Insider Transactions: Since August 2, 2016, the stock had 0 buys, and 10 sales for $3.49 million net activity. PANTALEONI A D had sold 5,000 shares worth $371,460. LOCHNER PHILIP R had sold 4,000 shares worth $259,580. 1,500 Crane Co. (NYSE:CR) shares with value of $101,547 were sold by Cook Donald G. BIGELOW E THAYER had sold 4,000 shares worth $259,852 on Wednesday, August 24. 2,789 shares with value of $190,088 were sold by TULLIS JAMES L L on Tuesday, November 1. Shares for $252,673 were sold by Craney Thomas J on Tuesday, August 9. ELLIS BRADLEY sold $651,397 worth of Crane Co. (NYSE:CR) on Friday, August 19.
Crane Co. (NYSE:CR) Ratings Coverage
Out of 11 analysts covering Crane (NYSE:CR), 3 rate it a “Buy”, 0 “Sell”, while 8 “Hold”. This means 27% are positive. $70 is the highest target while $46 is the lowest. The $59.83 average target is -21.12% below today’s ($75.85) stock price. Crane has been the topic of 20 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The firm has “Market Perform” rating by Avondale given on Thursday, October 15. Stifel Nicolaus maintained the stock with “Hold” rating in Wednesday, October 26 report. The rating was maintained by Canaccord Genuity with “Hold” on Wednesday, October 26. The firm has “Neutral” rating by Bank of America given on Friday, July 29. The stock has “Neutral” rating given by Susquehanna on Wednesday, April 27. The stock of Crane Co. (NYSE:CR) has “Perform” rating given on Thursday, November 17 by Oppenheimer. The stock of Crane Co. (NYSE:CR) earned “Sector Perform” rating by RBC Capital Markets on Wednesday, January 27. The firm has “Outperform” rating by William Blair given on Tuesday, August 18. The firm earned “Accumulate” rating on Wednesday, March 9 by Seaport Global. The stock of Crane Co. (NYSE:CR) has “Buy” rating given on Thursday, May 26 by Topeka Capital Markets.
CR Company Profile
Crane Co. (Crane), incorporated on April 3, 1985, is a diversified maker of engineered industrial products. The Firm operates in four divisions: Fluid Handling, Payment & Merchandising Technologies, Aerospace & Electronics, and Engineered Materials. The Company’s markets are chemicals, power, gas and oil, aerospace and defense, along with a range of general industrial and consumer related end markets.
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