Crane Co. is a diversified manufacturer of highly engineered industrial products. Founded in 1855, Crane Co. provides products and solutions to customers in the chemicals, oil & gas, power, automated payment solutions, banknote design and production and aerospace & defense markets, along with a wide range of general industrial and consumer related end markets. The Company has four business segments: Fluid Handling, Payment & Merchandising Technologies, Aerospace & Electronics and Engineered Materials. Crane Co. has approximately 11,000 employees in the Americas, Europe, the Middle East, Asia and Australia.
Company profile
Ticker
CR
Exchange
Website
CEO
Max Mitchell
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
CRANE CO /DE/
SEC CIK
Corporate docs
Subsidiaries
"CPI-Kiev" LLC • ARDAC Inc. • Armature d.o.o. • Automatic Products (UK) Ltd. • Barksdale GmbH • Barksdale, Inc. • CA-MC Acquisition UK Ltd. • Coin Controls International Ltd. • Coin Holdings Ltd. • Coin Industries Ltd. ...
IRS number
131952290
CR stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Crane Holdings, Co. Completes Financing For Upcoming Separation
20 Mar 23
8-K
Regulation FD Disclosure
8 Mar 23
10-K
2022 FY
Annual report
1 Mar 23
8-K
Crane Holdings, Co. Names Christina Cristiano CFO of Crane NXT
27 Feb 23
8-K
Crane Holdings, Co. Announces Effectiveness of the Form 10
7 Feb 23
8-K
Regulation FD Disclosure
23 Jan 23
8-K
Crane Holdings, Co. Reports 2022 Results
23 Jan 23
8-K
Crane Holdings, Co. Files Form 10 Registration Statement in Connection with Planned Business Separation
15 Dec 22
S-8
Registration of securities for employees
1 Nov 22
10-Q
2022 Q3
Quarterly report
1 Nov 22
Transcripts
CR
Earnings call transcript
2022 Q4
24 Jan 23
CR
Earnings call transcript
2022 Q3
25 Oct 22
CR
Earnings call transcript
2022 Q2
26 Jul 22
CR
Earnings call transcript
2022 Q1
26 Apr 22
CR
Earnings call transcript
2021 Q4
25 Jan 22
CR
Earnings call transcript
2021 Q3
26 Oct 21
CR
Earnings call transcript
2021 Q2
27 Jul 21
CR
Earnings call transcript
2021 Q1
9 May 21
CR
Earnings call transcript
2020 Q4
26 Jan 21
CR
Earnings call transcript
2020 Q3
27 Oct 20
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| 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) | 657.60 mm | 657.60 mm | 657.60 mm | 657.60 mm | 657.60 mm | 657.60 mm |
| Cash burn (monthly) | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) | 23.27 mm |
| Cash used (since last report) | n/a | n/a | n/a | n/a | n/a | 68.07 mm |
| Cash remaining | n/a | n/a | n/a | n/a | n/a | 589.53 mm |
| Runway (months of cash) | n/a | n/a | n/a | n/a | n/a | 25.3 |
Institutional ownership, Q4 2022
70.7% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 366 |
| Opened positions | 58 |
| Closed positions | 39 |
| Increased positions | 108 |
| Reduced positions | 128 |
| 13F shares | Current |
|---|---|
| Total value | 3.94 tn |
| Total shares | 39.88 mm |
| Total puts | 47.70 k |
| Total calls | 150.50 k |
| Total put/call ratio | 0.3 |
| Largest owners | Shares | Value |
|---|---|---|
| FMR | 6.30 mm | $633.19 bn |
| Vanguard | 4.73 mm | $474.98 bn |
| BLK Blackrock | 4.03 mm | $404.35 bn |
| Gamco Investors | 1.43 mm | $144.13 bn |
| STT State Street | 1.37 mm | $137.69 bn |
| LSV Asset Management | 1.19 mm | $120.29 bn |
| Victory Capital Management | 1.09 mm | $109.35 bn |
| Acadian Asset Management | 1.04 mm | $104.51 bn |
| Thrivent Financial For Lutherans | 1.01 mm | $101.83 bn |
| Gabelli Funds | 906.65 k | $91.07 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 28 Feb 23 | Anthony M. D'Iorio | CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 | Payment of exercise | Dispose F | No | No | 119.78 | 6,263 | 750.18 k | 21,438 |
| 28 Feb 23 | Anthony M. D'Iorio | CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 | Option exercise | Acquire M | No | No | 73.9 | 7,704 | 569.33 k | 27,701 |
| 28 Feb 23 | Anthony M. D'Iorio | CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 | Payment of exercise | Dispose F | No | No | 119.78 | 11,096 | 1.33 mm | 19,997 |
| 28 Feb 23 | Anthony M. D'Iorio | CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 | Option exercise | Acquire M | No | No | 79.14 | 13,300 | 1.05 mm | 31,093 |
| 28 Feb 23 | Anthony M. D'Iorio | Employee Stock Option CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 | Grant | Dispose A | No | No | 73.9 | 7,704 | 569.33 k | 0 |
| 28 Feb 23 | Anthony M. D'Iorio | Employee Stock Option CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 | Option exercise | Dispose M | No | No | 79.14 | 13,300 | 1.05 mm | 0 |
| 28 Feb 23 | Edward S Switter | CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 | Sell | Dispose S | No | No | 119.88 | 49,409 | 5.92 mm | 25,174 |
| 28 Feb 23 | Edward S Switter | CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 | Option exercise | Acquire M | No | No | 101.72 | 384 | 39.06 k | 74,583 |
| 28 Feb 23 | Edward S Switter | CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 | Option exercise | Acquire M | No | No | 78.59 | 1,441 | 113.25 k | 74,199 |
| 28 Feb 23 | Edward S Switter | CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 | Option exercise | Acquire M | No | No | 83.58 | 3,942 | 329.47 k | 72,758 |
News
Benzinga's Top Ratings Upgrades, Downgrades For March 24, 2023
24 Mar 23
UBS Downgrades Crane Holdings to Neutral, Lowers Price Target to $120
24 Mar 23
Reported Late Wednesday March 08, Crane NXT To Outline Growth Strategy And Financial Outlook Today's March 9 Investor Conference From 1:00 p.m. To 4:00 p.m. ET
9 Mar 23
Reported Late Wednesday March 08, Crane Holdings, Co. Announces Additional Details And Timing Of 5:00 p.m On April 3, 2023 Regarding Its Previously Announced Separation
9 Mar 23
Crane Q4 Adj. EPS $2.13 Beats $1.90 Estimate, Sales $824.10M Beat $822.57M Estimate
23 Jan 23
Press releases
Crane Holdings, Co. Names Jennifer Kartono Senior Vice President, Chief Human Resources Officer of Crane NXT
21 Mar 23
Crane Holdings, Co. Completes Financing For Upcoming Separation
20 Mar 23
Crane Holdings, Co. Names Paul G. Igoe Senior Vice President, General Counsel, and Secretary of Crane NXT
14 Mar 23
Crane NXT to Outline Growth Strategy and Financial Outlook at March 9 Investor Conference
8 Mar 23
Crane Company to Provide Strategy and Financial Update at March 9 Investor Conference
8 Mar 23