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. • CR Holdings C.V. • Crane (Asia Pacific) Pte. Ltd. • Crane Aerospace, Inc. • Crane Australia • Crane Canada Co. • Crane ChemPharma & Energy Corp. ...
IRS number
882846451
Analyst ratings and price targets
Latest filings (excl ownership)
10-Q
2023 Q2
Quarterly report
2 Aug 23
8-K
Crane Company Reports Second Quarter 2023 Results and Raises Full Year EPS Guidance
25 Jul 23
10-Q
2023 Q1
Quarterly report
10 May 23
8-K
Crane Company Reports First Quarter 2023 Results and Updates Full Year Guidance
10 May 23
S-8
Registration of securities for employees
3 Apr 23
S-8
Registration of securities for employees
3 Apr 23
8-K
Crane Holdings, Co. Announces Board of Directors and Executive
3 Apr 23
10-K
2022 FY
Annual report
30 Mar 23
8-K
Entry into a Material Definitive Agreement
20 Mar 23
8-K
Regulation FD Disclosure
8 Mar 23
Transcripts
Latest ownership filings
4
MARTIN R BENANTE
26 Jul 23
11-K
Annual report of employee stock purchases
15 Jun 23
4
JAMES L L TULLIS
2 Jun 23
4
MAX H MITCHELL
16 May 23
SC 13G
CRANE FUND
16 May 23
144
Notice of proposed sale of securities
15 May 23
SC 13G
FMR LLC
10 May 23
4
Tamara S. Polmanteer
28 Apr 23
4
Ronald Carter Lindsay
26 Apr 23
4
Marijane V. Papanikolaou
26 Apr 23
Financial summary
| Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | |
|---|---|---|---|---|
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| Cost of revenue | ||||
| Operating income | ||||
| Operating margin | ||||
| Net income | ||||
| Net profit margin | ||||
| Cash on hand | ||||
| Change in cash | ||||
| Diluted EPS |
| Annual (USD) | Dec 22 | |
|---|---|---|
| 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) | |||
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 218.90 mm | 218.90 mm | 218.90 mm | |||
| Cash burn (monthly) | 24.37 mm | (no burn) | (no burn) | |||
| Cash used (since last report) | 73.65 mm | n/a | n/a | |||
| Cash remaining | 145.25 mm | n/a | n/a | |||
| Runway (months of cash) | 6.0 | n/a | n/a | |||
Institutional ownership, Q2 2023
85.9% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 324 |
| Opened positions | 290 |
| Closed positions | 5 |
| Increased positions | 16 |
| Reduced positions | 7 |
| 13F shares | Current |
|---|---|
| Total value | 3.64 tn |
| Total shares | 48.79 mm |
| Total puts | 5.40 k |
| Total calls | 17.60 k |
| Total put/call ratio | 0.3 |
| Largest owners | Shares | Value |
|---|---|---|
| Crane Fund | 7.78 mm | $890.01 mm |
| FMR | 6.60 mm | $588.58 bn |
| Vanguard | 4.85 mm | $431.92 bn |
| BLK Blackrock | 4.01 mm | $357.55 bn |
| Capital World Investors | 1.89 mm | $168.57 bn |
| Gamco Investors | 1.35 mm | $119.96 bn |
| STT State Street | 1.30 mm | $116.25 bn |
| Victory Capital Management | 872.16 k | $77.73 bn |
| Gabelli Funds | 865.97 k | $77.18 bn |
| Alyeska Investment | 827.40 k | $73.74 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 25 Jul 23 | Benante Martin R | Common Stock | Grant | Acquire A | No | No | 0 | 98 | 0.00 | 1,289 |
| 31 May 23 | Tullis James L L | Common Stock | Gift | Dispose G | No | No | 0 | 260 | 0.00 | 4,980 |
| 15 May 23 | Mitchell Max H | Common Stock | Sell | Dispose S | No | No | 76.81 | 200 | 15.36 k | 322,628 |
| 15 May 23 | Mitchell Max H | Common Stock | Sell | Dispose S | No | No | 76.48 | 37,295 | 2.85 mm | 322,828 |
| 26 Apr 23 | Tamara S. Polmanteer | Common Stock | Payment of exercise | Dispose F | No | No | 71.4 | 608 | 43.41 k | 1,639 |
| 26 Apr 23 | Tamara S. Polmanteer | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,311 | 0.00 | 2,247 |
| 26 Apr 23 | Tamara S. Polmanteer | Restricted Share Unit Common Stock | Option exercise | Dispose M | No | No | 0 | 1,311 | 0.00 | 4,982 |
News
Benzinga's Top Ratings Upgrades, Downgrades For September 28, 2023
28 Sep 23
Deutsche Bank Initiates Coverage On Crane with Buy Rating, Announces Price Target of $118
28 Sep 23
Aerospace Stocks Are Set To Fly High On Multi-Year Tailwinds, Says Mario Gabelli
2 Aug 23
Crane Holdings Q2 Adj EPS $1.10 Beats $0.93 Estimate, Sales $509.60M Miss $512.84M Estimate
25 Jul 23
Goodyear Announces New Directors And Strategic And Establishes New Board Committee To Oversee Strategic And Operational Review
25 Jul 23