Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €202, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 12x in the Machinery industry in Germany. Total returns to shareholders of 171% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €183 per share. Declared Dividend • May 20
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 0.6%, which is lower than the industry average of 2.6%. Payout Ratios Payout ratio: 17%. Cash payout ratio: 16%. Tillkännagivande • 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 Tillkännagivande • 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 Tillkännagivande • 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. Tillkännagivande • 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 Tillkännagivande • 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 Tillkännagivande • 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. Tillkännagivande • 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 Tillkännagivande • 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 Tillkännagivande • 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 Tillkännagivande • 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. Tillkännagivande • 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. Tillkännagivande • 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. Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €164, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 10x in the Machinery industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €193 per share. Tillkännagivande • 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 04
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 2.6%. Payout Ratios Payout ratio: 17%. Cash payout ratio: 25%. Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: US$1.35 (vs US$0.97 in 3Q 2023) 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 is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany. Tillkännagivande • 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 Upcoming Dividend • Aug 23
Upcoming dividend of US$0.20 per share Eligible shareholders must have bought the stock before 30 August 2024. Payment date: 11 September 2024. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.6%). Tillkännagivande • Aug 06
Crane Company Appoints Susan D. Lynch as Director Crane Company announced the appointment of Susan D. Lynch as a director of the company. Since 2021, Ms. Lynch has served as a member of the board of directors of Allegro MicroSystems. In addition, Ms. Lynch currently sits on the board of directors of Onto Innovation Inc. Ms. Lynch previously served as Senior Vice President and Chief Financial Officer at V2X (formerly Vectrus Inc.) from August 2019 to September 2023. Prior to her role at V2X, Ms. Lynch was Executive Vice President and Chief Financial Officer for Sungard Availability Services from April 2016 to July 2019, and Executive Vice President and Chief Financial Officer of Hitachi Data Systems from 2007 to 2015. Ms. Lynch has held various senior leadership positions with Raytheon Technical Services and Honeywell. Reported Earnings • Jul 30
Second quarter 2024 earnings released: EPS: US$1.25 (vs US$0.76 in 2Q 2023) Second quarter 2024 results: EPS: US$1.25 (up from US$0.76 in 2Q 2023). Revenue: US$581.2m (up 14% from 2Q 2023). Net income: US$71.6m (up 65% from 2Q 2023). Profit margin: 12% (up from 8.5% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. Declared Dividend • Jul 29
First quarter dividend of US$0.20 announced Shareholders will receive a dividend of US$0.20. Ex-date: 30th August 2024 Payment date: 11th September 2024 Dividend yield will be 0.5%, which is lower than the industry average of 2.6%. Payout Ratios Payout ratio: 32%. Cash payout ratio: 27%. Tillkännagivande • Jul 23
Crane Company Announces Regular Dividend for the Third Quarter of 2024, Payable on September 11, 2024 Crane Company announced its regular quarterly dividend of $0.205 per share for the third quarter of 2024. The dividend is payable on September 11, 2024 to shareholders of record as of August 30, 2024. Tillkännagivande • Jul 10
Crane Company to Report Q2, 2024 Results on Jul 29, 2024 Crane Company announced that they will report Q2, 2024 results After-Market on Jul 29, 2024 Tillkännagivande • Jun 09
Crane Company Announces Resignation of John Stroup from its Board of Directors, Effective as of July 22, 2024 Crane Company announced the resignation of John S. Stroup as a Director of the Company. On June 4, 2024, John S. Stroup, a current member of the Company’s Board of Directors, notified the Board of his intention to resign from the Board, effective as of July 22, 2024 due to additional professional commitments including his election to Partner at Clayton, Dubilier & Rice, a private investment firm. The Board accepted John’s resignation on June 5, 2024. Upcoming Dividend • May 24
Upcoming dividend of US$0.20 per share Eligible shareholders must have bought the stock before 31 May 2024. Payment date: 12 June 2024. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.4%). Declared Dividend • Apr 29
First quarter dividend of US$0.20 announced Shareholders will receive a dividend of US$0.20. Ex-date: 31st May 2024 Payment date: 12th June 2024 Dividend yield will be 0.5%, which is lower than the industry average of 2.6%. Payout Ratios Payout ratio: 20%. Cash payout ratio: 27%. Tillkännagivande • Apr 06
Crane Company to Report Q1, 2024 Results on Apr 22, 2024 Crane Company announced that they will report Q1, 2024 results After-Market on Apr 22, 2024 Tillkännagivande • Mar 08
Crane Company, Annual General Meeting, Apr 22, 2024 Crane Company, Annual General Meeting, Apr 22, 2024, at 10:00 US Eastern Standard Time. Agenda: To elect nine directors to serve for one-year terms until the annual meeting of stockholders in 2025;to consider and vote on a proposal to ratify the selection of Deloitte & Touche LLP as independent auditors for Crane Company for 2024;to consider and vote on a proposal to approve, by a non-binding advisory vote, the compensation paid by the Company to certain executive officers;and to consider and vote on a proposal to approve, by a non-binding advisory vote, the frequency with which we will ask stockholders to approve the compensation paid by the Company to certain executive officers. Recent Insider Transactions • Mar 03
Executive VP recently sold €571k worth of stock On the 29th of February, Anthony D'Iorio sold around 5k shares on-market at roughly €114 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €5.1m more than they bought in the last 12 months. Reported Earnings • Feb 28
Full year 2023 earnings released: EPS: US$3.59 (vs US$3.04 in FY 2022) Full year 2023 results: EPS: US$3.59 (up from US$3.04 in FY 2022). Revenue: US$2.09b (up 2.5% from FY 2022). Net income: US$203.8m (up 19% from FY 2022). Profit margin: 9.8% (up from 8.4% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Machinery industry in Germany. Upcoming Dividend • Feb 21
Upcoming dividend of US$0.20 per share Eligible shareholders must have bought the stock before 28 February 2024. Payment date: 13 March 2024. Payout ratio is a comfortable 28% but the company is paying out more than the cash it is generating. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (2.7%). Tillkännagivande • Jan 30
Crane Company Provides Earnings Guidance for Full Year 2024 Crane Company provided earnings guidance for full year 2024. For the year, the company expected EPS in a range of $4.55-$4.85; Sales of approximately $2.25 billion, up 8% compared to 2023 driven by core sales growth of approximately 3% to 5% (10% at Aerospace & Electronics, and flat at Process Flow Technologies and Engineered Materials). Board Change • Jan 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 6 highly experienced directors. Director Sanjay Kapoor was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Dec 21
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings are forecast to decline by an average of 1.1% per year for the foreseeable future. Minor Risk Significant insider selling over the past 3 months (€1.9m sold). Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: US$0.97 (vs US$1.06 loss in 3Q 2022) Third quarter 2023 results: EPS: US$0.97 (up from US$1.06 loss in 3Q 2022). Revenue: US$530.1m (down 35% from 3Q 2022). Net income: US$55.2m (up US$114.5m from 3Q 2022). Profit margin: 10% (up from net loss in 3Q 2022). The move to profitability was driven by lower expenses. Revenue is expected to decline by 4.8% p.a. on average during the next 3 years, while revenues in the Machinery industry in Germany are expected to grow by 3.5%. Tillkännagivande • Oct 06
Crane Company to Report Q3, 2023 Results on Oct 23, 2023 Crane Company announced that they will report Q3, 2023 results After-Market on Oct 23, 2023 Upcoming Dividend • Aug 23
Upcoming dividend of US$0.18 per share at 2.2% yield Eligible shareholders must have bought the stock before 30 August 2023. Payment date: 13 September 2023. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (2.8%). Reported Earnings • Jul 26
Second quarter 2023 earnings released: EPS: US$0.76 (vs US$4.60 in 2Q 2022) Second quarter 2023 results: EPS: US$0.76 (down from US$4.60 in 2Q 2022). Revenue: US$509.6m (down 41% from 2Q 2022). Net income: US$43.3m (down 83% from 2Q 2022). Profit margin: 8.5% (down from 30% in 2Q 2022). Revenue is expected to decline by 6.5% p.a. on average during the next 3 years, while revenues in the Machinery industry in Germany are expected to grow by 4.0%. 
