S&P 500 slips, but losses kept in check as Nvidia climbs ahead of results
Investing.com - Stifel has increased its price target on Crane (NYSE:CR) to $200.00 from $189.00 while maintaining a Hold rating on the stock. The company, currently trading at $195.56, has demonstrated strong momentum with a 31% gain year-to-date and is approaching its 52-week high of $203.89.
The research firm cited Crane’s quarterly earnings beat and raised guidance, noting the company continues to deliver "consistent differentiated execution" across its business segments. According to InvestingPro analysis, Crane maintains excellent financial health with strong revenue growth of 17.2% over the last twelve months and has impressively maintained dividend payments for 55 consecutive years.
Stifel highlighted strength in Crane’s Aerospace & Electronics (A&E) markets, where the company is winning key programs and technology that position the segment for continued growth in coming years.
The Payment & Merchandising Technologies (PMT) segment showed slightly weaker performance, with the firm noting capital expenditure headwinds in chemicals and some project delays affecting results.
Despite these challenges in the PMT segment, Stifel indicated Crane believes it is gaining market share against competitors.
In other recent news, Crane Co. reported robust financial results for the second quarter of 2025, surpassing analysts’ expectations. The company achieved an adjusted earnings per share of $1.49, exceeding the anticipated $1.32. Revenue also came in higher than expected, totaling $577.2 million compared to the forecasted $570.99 million. DA Davidson responded to these results by reiterating its Buy rating for Crane, maintaining a price target of $200.00. The firm noted the company’s strong earnings, driven by organic sales growth and profit gains in the Aerospace & Electronics segment, as well as lower-than-expected corporate expenses. These recent developments have contributed to positive sentiment among investors.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.