Crane Holdings, Co. is a diversified manufacturer of highly engineered industrial products. Founded in 1855, Crane provides products and solutions to customers across end markets including aerospace, defense, chemical and petrochemical, water and wastewater, payment automation, and banknote security and production, as well as for a wide range of general industrial and consumer applications. The Company has four business segments: Aerospace & Electronics, Process Flow Technologies, Payment & Merchandising Technologies, and Engineered Materials. Crane has approximately 11,000 employees in the Americas, Europe, the Middle East, Asia and Australia. Crane is traded on the New York Stock Exchange (NYSE:CR). For more information, visit www.craneco.com.
Company profile
Ticker
CR
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
“CPI-Kiev” LLC • Armature d.o.o. • Barksdale GmbH • Barksdale, Inc. • Baum America Corp. • Baum Fluoroplastics Arad SRL • Baum Fluoroplastics (Shanghai) Co. Ltd. • Baum lined piping GmbH • CR Holdings C.V. • Crane (Asia Pacific) Pte. Ltd. ...
IRS number
882846451
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
25 Apr 24
8-K
Crane Company Reports First Quarter 2024 Results and Raises Full Year EPS Guidance
22 Apr 24
DEFA14A
Additional proxy soliciting materials
7 Mar 24
DEF 14A
Definitive proxy
7 Mar 24
ARS
2023 FY
Annual report to shareholders
7 Mar 24
10-K
2023 FY
Annual report
26 Feb 24
8-K
Fourth Quarter 2023 Highlights
29 Jan 24
8-K
Significantly Strengthens Breadth of Aerospace & Electronics’ Fluid Solution Capabilities
3 Jan 24
10-Q
2023 Q3
Quarterly report
1 Nov 23
8-K
Crane Company Reports Third Quarter 2023 Results and Raises Full Year EPS Guidance
23 Oct 23
Latest ownership filings
4
Tamara S. Polmanteer
26 Apr 24
4
Marijane V. Papanikolaou
26 Apr 24
4
MARTIN R BENANTE
24 Apr 24
4
Ronald Carter Lindsay
24 Apr 24
4
ELLEN MCCLAIN HAIME
24 Apr 24
4
CHARLES G MCCLURE
24 Apr 24
4
Jennifer Pollino
24 Apr 24
4
John S Stroup
24 Apr 24
4
JAMES L L TULLIS
24 Apr 24
4
Sanjay Kapoor
24 Apr 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | |
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Revenue | ||
Cost of revenue | ||
Operating income | ||
Operating margin | ||
Net income | ||
Net profit margin | ||
Cash on hand | ||
Change in cash | ||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 273.80 mm | 273.80 mm | 273.80 mm | 273.80 mm | 273.80 mm | |
Cash burn (monthly) | (no burn) | 1.52 mm | (no burn) | (no burn) | 2.17 mm | |
Cash used (since last report) | n/a | 10.52 mm | n/a | n/a | 15.03 mm | |
Cash remaining | n/a | 263.28 mm | n/a | n/a | 258.77 mm | |
Runway (months of cash) | n/a | 173.6 | n/a | n/a | 119.4 |
Institutional ownership, Q3 2023
87.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 351 |
Opened positions | 59 |
Closed positions | 33 |
Increased positions | 101 |
Reduced positions | 124 |
13F shares | Current |
---|---|
Total value | 3.71 tn |
Total shares | 49.65 mm |
Total puts | 64.90 k |
Total calls | 67.30 k |
Total put/call ratio | 1.0 |
Largest owners | Shares | Value |
---|---|---|
Crane Fund | 7.78 mm | $890.01 mm |
FMR | 6.53 mm | $579.94 bn |
Vanguard | 4.88 mm | $433.43 bn |
BLK Blackrock | 4.10 mm | $364.08 bn |
Capital World Investors | 2.02 mm | $179.09 bn |
Gamco Investors | 1.32 mm | $117.64 bn |
STT State Street | 1.32 mm | $117.62 bn |
Congress Asset Management | 1.32 mm | $116.94 bn |
Gabelli Funds | 865.27 k | $76.87 bn |
Victory Capital Management | 846.06 k | $75.16 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
26 Apr 24 | Tamara S. Polmanteer | Common Stock | Payment of exercise | Dispose F | No | No | 143.98 | 608 | 87.54 k | 2,707 |
26 Apr 24 | Tamara S. Polmanteer | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,311 | 0.00 | 3,315 |
26 Apr 24 | Tamara S. Polmanteer | Restricted Share Unit Common Stock | Option exercise | Dispose M | No | No | 0 | 1,311 | 0.00 | 4,191 |
24 Apr 24 | Marijane V. Papanikolaou | Common Stock | Payment of exercise | Dispose F | No | No | 138.11 | 236 | 32.59 k | 272 |
24 Apr 24 | Marijane V. Papanikolaou | Common Stock | Option exercise | Acquire M | No | No | 0 | 508 | 0.00 | 508 |
24 Apr 24 | Marijane V. Papanikolaou | Restricted Share Unit Common Stock | Option exercise | Dispose M | No | No | 0 | 508 | 0.00 | 1,926 |
22 Apr 24 | Sanjay Kapoor | Deferred Stock Units Common Stock | Grant | Acquire A | No | No | 0 | 24 | 0.00 | 4,900 |
22 Apr 24 | Sanjay Kapoor | Deferred Stock Units Common Stock | Grant | Acquire A | No | No | 0 | 1,759 | 0.00 | 4,876 |
22 Apr 24 | Tullis James L L | Deferred Stock Units Common Stock | Grant | Acquire A | No | No | 0 | 215 | 0.00 | 31,152 |
22 Apr 24 | Tullis James L L | Deferred Stock Units Common Stock | Grant | Acquire A | No | No | 0 | 1,071 | 0.00 | 30,937 |
News
Vertical Research Upgrades Crane to Buy
24 Apr 24
Analyst Expectations For Crane's Future
24 Apr 24
DA Davidson Maintains Buy on Crane, Raises Price Target to $160
24 Apr 24
Stifel Maintains Buy on Crane, Raises Price Target to $157
24 Apr 24
Crane Holdings Q1 2024 Adj EPS $1.22 Beats $0.84 Estimate, Sales $565.000M Beat $311.717M Estimate
22 Apr 24
Press releases
Crane Company Reports First Quarter 2024 Results and Raises Full Year EPS Guidance
22 Apr 24
Crane Company Announces Date for First Quarter 2024 Earnings Release and Teleconference
5 Apr 24
Crane Company Announces Annual Analyst Conference
3 Apr 24
Crane Company Reports Fourth Quarter 2023 Results, Provides 2024 Guidance, and Raises Annual Dividend by 14%
29 Jan 24