Live News • May 06
Crane Sees Q1 Sales Surge With Acquisitions Fueling 2026 Growth and Higher EPS Outlook Q1 2026 net sales were US$696.4 million, up 24.9% year over year, supported largely by recently closed acquisitions.
The company raised its full-year 2026 adjusted EPS guidance to US$6.65 to US$6.85, citing higher expected accretion from deals.
Management reported mid-single-digit core sales growth, with Aerospace & Advanced Technologies core sales up 9.4%, while operating margin for the quarter was 14.4% amid acquisition and mix-related pressure.
Crane’s first-quarter update focuses on how quickly the new businesses are being integrated. The January 1 acquisitions of Druck, Panametrics, Reuter-Stokes, and an optical measurement company are contributing meaningfully to reported sales and are already expected to add at least US$0.15 to full-year EPS, which is double what management initially projected. At the same time, core demand remains supportive, particularly in Aerospace & Advanced Technologies, where core sales growth of 9.4% reflects underlying customer demand alongside the acquired revenue.
The trade-off for that deal activity is some near-term margin pressure. The 14.4% operating margin reflects acquisition-related costs, product mix, inflation, and some geopolitical effects on roughly 5% of Process Flow Technologies sales. Management points to ongoing pricing actions and integration benefits as potential supports for margins. For investors tracking Crane’s capital deployment, the company also highlighted a “healthy” M&A pipeline targeting about US$500 million in additional deals and described 2026 as a year in which total sales growth in the low-to-mid 20% range is expected to be driven by both acquisitions and core trends. Declared Dividend • Apr 30
First quarter dividend of US$0.26 announced Shareholders will receive a dividend of US$0.26. Ex-date: 29th May 2026 Payment date: 10th June 2026 Dividend yield will be 0.5%, which is lower than the industry average of 1.7%. Payout Ratios Payout ratio: 17%. Cash payout ratio: 16%. Reported Earnings • Apr 28
First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2026 results: EPS: US$1.16 (down from US$1.36 in 1Q 2025). Revenue: US$696.4m (up 25% from 1Q 2025). Net income: US$67.1m (down 14% from 1Q 2025). Profit margin: 9.6% (down from 14% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) missed analyst estimates by 19%. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Machinery industry in the US. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 36% per year. Announcement • Apr 07
Crane Company to Report Q1, 2026 Results on Apr 27, 2026 Crane Company announced that they will report Q1, 2026 results After-Market on Apr 27, 2026 Announcement • Mar 16
Crane Company, Annual General Meeting, Apr 27, 2026 Crane Company, Annual General Meeting, Apr 27, 2026. Location: the hyatt regency greenwich, putnam room, 1800 e. putnam ave., old greenwich, ct, United States Reported Earnings • Mar 02
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: US$5.77 (up from US$4.69 in FY 2024). Revenue: US$2.31b (up 8.2% from FY 2024). Net income: US$331.7m (up 24% from FY 2024). Profit margin: 14% (up from 13% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.1%. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Machinery industry in the US. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Feb 20
Upcoming dividend of US$0.26 per share Eligible shareholders must have bought the stock before 27 February 2026. Payment date: 11 March 2026. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of American dividend payers (4.2%). Lower than average of industry peers (1.1%). Recent Insider Transactions Derivative • Jan 29
Chairman exercised options and sold US$3.2m worth of stock On the 26th of January, Max Mitchell exercised options to acquire 16k shares at no cost and sold these for an average price of US$204 per share. This trade did not impact their existing holding. For the year to December 2019, Max's total compensation was 12% salary and 88% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Max has owned 394.31k shares directly. Company insiders have collectively sold US$15m more than they bought, via options and on-market transactions in the last 12 months. Reported Earnings • Jan 27
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: US$5.77 (up from US$4.69 in FY 2024). Revenue: US$2.31b (up 8.2% from FY 2024). Net income: US$331.7m (up 24% from FY 2024). Profit margin: 14% (up from 13% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.1%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Machinery industry in the US. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Nov 21
Upcoming dividend of US$0.23 per share Eligible shareholders must have bought the stock before 28 November 2025. Payment date: 10 December 2025. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (1.5%). Declared Dividend • Oct 30
Third quarter dividend of US$0.23 announced Shareholders will receive a dividend of US$0.23. Ex-date: 28th November 2025 Payment date: 10th December 2025 Dividend yield will be 0.5%, which is lower than the industry average of 1.7%. Payout Ratios Payout ratio: 16%. Cash payout ratio: 16%. Reported Earnings • Oct 28
Third quarter 2025 earnings: EPS and revenues exceed analyst expectations Third quarter 2025 results: EPS: US$1.59 (up from US$1.35 in 3Q 2024). Revenue: US$589.2m (down 1.3% from 3Q 2024). Net income: US$91.4m (up 18% from 3Q 2024). Profit margin: 16% (up from 13% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 4.7%. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Machinery industry in the US. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 23% per year. Announcement • Oct 28
Crane Company Announces Regular Quarterly Dividend for fourth quarter of 2025, Payable on December 10, 2025 Crane Company announced its regular quarterly dividend of $0.23 per share for the fourth quarter of 2025. The dividend is payable on December 10, 2025 to shareholders of record as of November 28, 2025. Announcement • Oct 08
Crane Company to Report Q3, 2025 Results on Oct 27, 2025 Crane Company announced that they will report Q3, 2025 results After-Market on Oct 27, 2025 Recent Insider Transactions Derivative • Aug 26
Executive VP & COO notifies of intention to sell stock Alejandro Alcala intends to sell 21k shares in the next 90 days after lodging an Intent To Sell Form on the 25th of August. If the sale is conducted around the recent share price of US$193, it would amount to US$4.0m. Since March 2025, Alejandro has owned 33.82k shares directly. Company insiders have collectively sold US$13m more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions • Aug 24
Executive VP & CFO recently sold US$3.9m worth of stock On the 20th of August, Richard Maue sold around 20k shares on-market at roughly US$190 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Richard's only on-market trade for the last 12 months. Upcoming Dividend • Aug 22
Upcoming dividend of US$0.23 per share Eligible shareholders must have bought the stock before 29 August 2025. Payment date: 10 September 2025. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (1.6%). Recent Insider Transactions Derivative • Aug 21
Executive VP & CFO notifies of intention to sell stock Richard Maue intends to sell 20k shares in the next 90 days after lodging an Intent To Sell Form on the 20th of August. If the sale is conducted around the recent share price of US$190, it would amount to US$3.9m. Since March 2025, Richard has owned 85.11k shares directly. Company insiders have collectively sold US$7.7m more than they bought, via options and on-market transactions in the last 12 months. Declared Dividend • Jul 31
Second quarter dividend of US$0.23 announced Shareholders will receive a dividend of US$0.23. Ex-date: 29th August 2025 Payment date: 10th September 2025 Dividend yield will be 0.5%, which is lower than the industry average of 1.7%. Payout Ratios Payout ratio: 17%. Cash payout ratio: 18%. Price Target Changed • Jul 30
Price target increased by 7.1% to US$207 Up from US$193, the current price target is an average from 8 analysts. New target price is 5.8% above last closing price of US$196. Stock is up 22% over the past year. The company is forecast to post earnings per share of US$5.83 for next year compared to US$4.69 last year. Reported Earnings • Jul 29
Second quarter 2025 earnings: EPS and revenues exceed analyst expectations Second quarter 2025 results: EPS: US$1.40 (up from US$1.25 in 2Q 2024). Revenue: US$577.2m (flat on 2Q 2024). Net income: US$80.3m (up 12% from 2Q 2024). Profit margin: 14% (up from 12% in 2Q 2024). Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 9.2%. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in the US. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 30
Crane Company to Report Q2, 2025 Results on Jul 28, 2025 Crane Company announced that they will report Q2, 2025 results After-Market on Jul 28, 2025 Announcement • Jun 10
Crane Company (NYSE:CR) entered into an agreement to acquire Precision Sensors & Instrumentation (PSI) Product Line of Baker Hughes Company (NasdaqGS:BKR) for approximately $1.2 billion. Crane Company (NYSE:CR) entered into an agreement to acquire Precision Sensors & Instrumentation (PSI) Product Line of Baker Hughes Company (NasdaqGS:BKR) for approximately $1.2 billion on June 9, 2025. The cash consideration of $1.06 billion is the adjusted value after tax benefits with an estimated net present value of approximately $90 million. Crane Company intends to finance the acquisition with a combination of cash on hand and additional debt. The purchase of PSI is contingent upon regulatory approvals and customary closing conditions. The acquisition is currently expected to close at the end of 2025 or early 2026. Evercore acted as financial advisor to Baker Hughes. Upcoming Dividend • May 23
Upcoming dividend of US$0.23 per share Eligible shareholders must have bought the stock before 30 May 2025. Payment date: 11 June 2025. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of American dividend payers (4.8%). Lower than average of industry peers (1.6%). Declared Dividend • May 01
First quarter dividend of US$0.23 announced Shareholders will receive a dividend of US$0.23. Ex-date: 30th May 2025 Payment date: 11th June 2025 Dividend yield will be 0.5%, which is lower than the industry average of 1.7%. Payout Ratios Payout ratio: 16%. Cash payout ratio: 20%. Reported Earnings • Apr 29
First quarter 2025 earnings: EPS and revenues exceed analyst expectations First quarter 2025 results: EPS: US$1.36 (up from US$1.14 in 1Q 2024). Revenue: US$557.6m (down 1.4% from 1Q 2024). Net income: US$78.3m (up 21% from 1Q 2024). Profit margin: 14% (up from 12% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 1.9%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Machinery industry in the US. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Apr 06
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to US$137. The fair value is estimated to be US$172, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.6% over the last 3 years. Earnings per share has declined by 7.7%. For the next 3 years, revenue is forecast to grow by 6.0% per annum. Earnings are also forecast to grow by 12% per annum over the same time period. Announcement • Apr 01
Crane Company to Report Q1, 2025 Results on Apr 28, 2025 Crane Company announced that they will report Q1, 2025 results After-Market on Apr 28, 2025 Announcement • Mar 17
Crane Company, Annual General Meeting, Apr 28, 2025 Crane Company, Annual General Meeting, Apr 28, 2025. Location: 100 first stamford place, ground floor conference room, stamford, ct, United States Reported Earnings • Mar 03
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: US$4.69 (up from US$3.10 in FY 2023). Revenue: US$2.13b (up 14% from FY 2023). Net income: US$268.2m (up 53% from FY 2023). Profit margin: 13% (up from 9.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.3%. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Machinery industry in the US. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Upcoming Dividend • Feb 21
Upcoming dividend of US$0.23 per share Eligible shareholders must have bought the stock before 28 February 2025. Payment date: 12 March 2025. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (1.6%). Declared Dividend • Jan 30
Fourth quarter dividend increased to US$0.23 Dividend of US$0.23 is 12% higher than last year. Ex-date: 28th February 2025 Payment date: 12th March 2025 Dividend yield will be 0.5%, which is lower than the industry average of 1.7%. Payout Ratios Payout ratio: 17%. Cash payout ratio: 22%. Reported Earnings • Jan 28
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: US$4.69 (up from US$3.59 in FY 2023). Revenue: US$2.13b (up 2.1% from FY 2023). Net income: US$268.2m (up 32% from FY 2023). Profit margin: 13% (up from 9.8% in FY 2023). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.3%. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in the US. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Jan 27
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.5% to US$156. The fair value is estimated to be US$196, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 19%. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Announcement • Jan 07
Crane Company to Report Q4, 2024 Results on Jan 27, 2025 Crane Company announced that they will report Q4, 2024 results After-Market on Jan 27, 2025 Announcement • Jan 03
KPS Capital Partners, LP completed the acquisition of Crane Composites, Inc. from Crane Company (NYSE:CR). KPS Capital Partners, LP agreed to acquire Crane Composites, Inc. from Crane Company (NYSE:CR) for approximately $230 million on December 2, 2024. A cash consideration of $227 million will be paid by KPS Capital Partners, LP. As part of consideration, $227 million is paid towards Crane Composites, Inc. KPS intend to expand the business both organically and through strategic acquisitions.
Crane Company and KPS anticipate closing the transaction in the first quarter of fiscal year 2025 subject to customary closing conditions, including receipt of regulatory approvals. The Company has approximately 430 employees.
Angelo Bonvino, Cullen Sinclair, Suhan Shim, Nathan Mitchell, Chuck Googe, Robert Killip, Aidan Synnott, John Carlin, Nicole Succar, Audrey Paquet, Benjamin Klein, Marques Tracy, Lawrence Witdorchic, Reuven Falik, Peter Fisch, Marta Kelly, Yuni Sobel, John Magruder, Todd Hahn, and William O'Brien of Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal counsel to KPS.
KPS Capital Partners, LP completed the acquisition of Crane Composites, Inc. from Crane Company (NYSE:CR) on January 2, 2025. Announcement • Dec 10
Crane Company Announces Promotion of Alejandro (Alex) Alcala to Chief Operating Officer Crane 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. Alex joined Crane in 2013 as President of Crane Pumps & Systems and was then promoted to President of Crane ChemPharma & Energy in 2014. In March 2020, Alex was promoted to Senior Vice President, overseeing Crane’s Process Flow Technologies (“PFT”) segment as well as the Regional Presidents of China, India, and the Middle East & Africa. As Senior Vice President of PFT, Alex led the team to achieve record profitability and growth by repositioning the portfolio into higher-growth end markets. In February 2023, Alex was promoted to Executive Vice President and assumed segment leadership responsibility for all of Crane’s businesses. Prior to joining Crane, Alex had a successful career with Eaton Corporation holding operations and strategic marketing positions of increasing responsibility. Announcement • Dec 03
KPS Capital Partners, LP agreed to acquire Crane Composites, Inc. from Crane Company (NYSE:CR) for approximately $230 million. KPS Capital Partners, LP agreed to acquire Crane Composites, Inc. from Crane Company (NYSE:CR) for approximately $230 million on December 2, 2024. A cash consideration of $227 million will be paid by KPS Capital Partners, LP. As part of consideration, $227 million is paid towards Crane Composites, Inc. KPS intend to expand the business both organically and through strategic acquisitions.
Crane Company and KPS anticipate closing the transaction in the first quarter of fiscal year 2025 subject to customary closing conditions, including receipt of regulatory approvals. The Company has approximately 430 employees.
Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal counsel to KPS. Upcoming Dividend • Nov 22
Upcoming dividend of US$0.20 per share Eligible shareholders must have bought the stock before 29 November 2024. Payment date: 11 December 2024. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (1.5%). Announcement • Nov 05
Crane Company (NYSE:CR) acquired Technifab Products Inc. for $40.5 million. Crane Company (NYSE:CR) acquired Technifab Products Inc. for $40.5 million on November 1, 2024. A cash consideration of $40.5 million will be paid by Crane Company. For the period ending September 2024, Technifab Products Inc. reported total revenue of $20 million and EBITDA of $4 million.
Crane Company (NYSE:CR) completed the acquisition of Technifab Products Inc. for $40.5 million on November 1, 2024. Declared Dividend • Nov 01
Third quarter dividend of US$0.20 announced Shareholders will receive a dividend of US$0.20. Ex-date: 29th November 2024 Payment date: 11th December 2024 Dividend yield will be 0.5%, which is lower than the industry average of 1.7%. Payout Ratios Payout ratio: 17%. Cash payout ratio: 25%. Reported Earnings • Oct 29
Third quarter 2024 earnings: Revenues and EPS in line with analyst expectations Third quarter 2024 results: EPS: US$1.35 (up from US$0.97 in 3Q 2023). Revenue: US$597.2m (up 13% from 3Q 2023). Net income: US$77.3m (up 40% from 3Q 2023). Profit margin: 13% (up from 10% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Machinery industry in the US. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Oct 22
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.8% to US$149. The fair value is estimated to be US$194, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Earnings per share has declined by 25%. For the next 3 years, revenue is forecast to grow by 6.6% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Buy Or Sell Opportunity • Oct 01
Now 20% undervalued Over the last 90 days, the stock has risen 7.2% to US$155. The fair value is estimated to be US$195, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Earnings per share has declined by 25%. For the next 3 years, revenue is forecast to grow by 6.6% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Announcement • Oct 01
Crane Company to Report Q3, 2024 Results on Oct 28, 2024 Crane Company announced that they will report Q3, 2024 results After-Market on Oct 28, 2024