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Crane Q2 earnings call highlights. July 29, 2026 Crane NYSE: CR reported record second-quarter results for 2026, citing core sales growth, margin expansion, rising backlog and stronger-than-expected contributions from its January acquisitions. The company raised its full-year adjusted earnings outlook to $6.85 to $7.05 per share, an increase of $0.20 at the midpoint. President and CEO Alex Alcala said the quarter reflected "strong execution across the company and continued momentum across our portfolio." Total sales increased 26% from a year earlier, including 5% core growth, while adjusted operating profit rose 37%, according to Executive Vice President and CFO Rich Maue. Total company adjusted operating margin expanded 180 basis points to a record 21.3%. Maue said the improvement reflected higher core sales, acquisitions, productivity initiatives and favorable pricing net of inflation. The company said its adjusted results excluded a benefit from IEEPA tariff recoveries during the quarter, which it characterized as one-time recoveries not expected to materially recur during the remainder of the year. Aerospace segment posts double-digit core growth. Crane's Aerospace & Advanced Technologies segment generated $339 million in second-quarter sales, up 31% from the prior year. Core sales rose 13.3%, led by broad-based commercial aerospace and defense demand. The segment's backlog reached nearly $1.3 billion, rising 11% on a core basis from a year earlier and 7% sequentially. Including the Druck acquisition, backlog increased 20% year over year. Discover more My MarketBeat Portfolio EV Market Analysis Alcala said Crane saw strength across commercial and military aerospace, including new program wins. During the quarter, the company was selected to supply components for GE's RISE program and announced it would provide a brake control system for the Otto Aerospace Phantom 3500 business jet. Crane also cited growing defense-related demand. Alcala said the company has about $35 million of current content across more than 10 missile programs, including systems related to THAAD, Patriot and Tomahawk. Customer requests for quotations and forecasts indicate demand that could expand fourfold or fivefold by the end of the decade, he said. For the full year, Crane now expects Aerospace & Advanced Technologies core sales growth to finish slightly above its long-term range of 7% to 9%. Segment adjusted operating margin was 25.8%, compared with 26.6% a year earlier, as the acquired Druck business had a dilutive effect on margins. Maue said the segment would have been roughly 100 basis points more profitable in the quarter without the acquisition's impact. Process Flow backlog improves sequentially. Process Flow Technologies recorded sales of $386 million, up 21% from the prior-year period. Core sales declined 1.4%, while the Panametrics, Reuter-Stokes and optek acquisitions added nearly 22 percentage points of growth. Foreign exchange added 0.8 percentage points. Although core foreign-exchange-neutral backlog was down 2% from a year earlier, it increased 2% sequentially. Core orders were approximately flat year over year. The segment posted adjusted operating margin of 22.2%, up about 80 basis points from the prior-year quarter despite acquisition-related dilution. Management said demand and orders strengthened during the quarter, supporting expectations for year-over-year core growth to turn positive in the second half. Alcala pointed to improving quote activity and signs of recovery in chemical production, particularly in the Americas, alongside continued demand in industrial power generation, water and wastewater, cryogenics and nuclear-related markets. Crane secured cryogenic projects from SpaceX and Blue Origin during the quarter. The company also said it continues to support nuclear-facility restarts, including Constellation Energy's Crane Clean Energy Center, while pursuing future opportunities in pressurized-water reactors and small modular reactors through Reuter-Stokes. The company maintained its full-year Process Flow Technologies outlook for core growth ranging from flat to low single digits. Maue said both volume and price are expected to contribute to second-half growth, and management expects strong operating leverage as volumes improve. Acquisitions outperform initial expectations. Crane said the four businesses acquired in January - Panametrics, Druck, Reuter-Stokes and optek - are performing ahead of plan. Management said integrations are progressing faster than expected, synergies are arriving sooner and additional growth and margin opportunities have been identified. As a result, Crane increased its expectation for the acquisitions' full-year earnings contribution to about $0.20 per share, up from approximately $0.15 per share previously. Maue said the company originally expected the acquired portfolio to grow 4% to 6% and improve margins by 200 basis points in 2026, later increasing the margin expectation to 300 basis points. He now expects growth to exceed the original range and margin improvement to reach roughly 350 basis points or more for the year. Balance sheet supports M&A focus. Crane repaid $100 million of debt during the quarter and another $90 million after quarter-end, reducing pro forma net leverage to about 1.2 times. The company said its target leverage range is 2 times to 3 times and that acquisitions remain its primary capital-allocation priority. Alcala said Crane's pipeline of potential deals has "never been stronger" across both Aerospace & Advanced Technologies and Process Flow Technologies, though he said there was nothing imminent to announce. The company is seeking highly engineered, mission-critical technologies that can strengthen its franchises, expand exposure to attractive markets and support long-term margin expansion. For the second half, Crane expects third-quarter results to be similar to the second quarter, followed by a modestly lower fourth quarter due to normal seasonality. The company continues to forecast 2026 corporate expense of $80 million to $85 million, net non-operating expense of about $58 million and a tax rate of approximately 23%. About Crane (NYSE:CR). Crane Co, headquartered in Stamford, Connecticut, is a diversified manufacturer of engineered industrial products serving customers around the world. The company operates through two primary segments: Aerospace & Electronics and Engineered Materials. Its Aerospace & Electronics division designs and produces valves, fittings, manifolds, and filtration systems for aircraft fuel, hydraulics, and environmental control systems. The Engineered Materials segment focuses on advanced polymers, heat exchangers, and specialized composite solutions for industries including chemical processing, semiconductor manufacturing, and power generation. With roots dating back to its founding in 1855 in Chicago by R.T. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. 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Crane Company reported record second-quarter 2026 results and raised its full-year adjusted earnings guidance. The company posted adjusted earnings per share of $1.79, up from $1.52 in the same quarter last year. Second-quarter sales increased 25.6% year-over-year, driven by 5.2% core sales growth, a 19.8% contribution from acquisitions, and favourable foreign exchange. Operating profit rose 40.2% to $144.3 million. The company's Aerospace & Advanced Technologies segment saw sales increase 31.3% to $339.1 million, whilst Process Flow Technologies sales grew 20.9% to $385.6 million. Both segments benefited from recent acquisitions. Crane raised its full-year adjusted EPS guidance to $6.85-$7.05 from the previous range of $6.65-$6.85. The company now expects total sales growth in the mid-20% range.

Y Intercept Hong Kong Ltd buys 37,001 shares of Crane $CR. July 4, 2026 Key points. * Y Intercept Hong Kong Ltd boosted its stake in Crane by 210.3% in the first quarter, buying 37,001 additional shares and bringing its total holding to 54,594 shares worth about $9.34 million. * Crane's latest quarterly results topped expectations, with earnings of $1.65 per share versus the $1.44 estimate and revenue of $696.4 million, up 24.9% year over year. * Analysts remain broadly positive on the stock, with a consensus Buy rating and an average price target of $226.33, while the shares recently traded around $217.81 after a slight gain. * Five stocks to consider instead of Crane. Y Intercept Hong Kong Ltd increased its position in Crane (NYSE:CR - Free Report) by 210.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 54,594 shares of the conglomerate's stock after buying an additional 37,001 shares during the period. Y Intercept Hong Kong Ltd owned 0.09% of Crane worth $9,336,000 at the end of the most recent reporting period. Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Tudor Investment Corp ET AL grew its holdings in shares of Crane by 314.8% during the third quarter. Tudor Investment Corp ET AL now owns 74,801 shares of the conglomerate's stock valued at $13,774,000 after buying an additional 56,768 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Crane by 44.2% during the third quarter. JPMorgan Chase & Co. now owns 183,787 shares of the conglomerate's stock worth $33,843,000 after acquiring an additional 56,324 shares in the last quarter. Hudson Bay Capital Management LP acquired a new stake in shares of Crane in the 3rd quarter worth about $3,709,000. Geode Capital Management LLC lifted its position in Crane by 4.0% in the 4th quarter. Geode Capital Management LLC now owns 917,679 shares of the conglomerate's stock valued at $169,282,000 after acquiring an additional 35,441 shares in the last quarter. Finally, Hsbc Holdings PLC lifted its position in Crane by 92.7% in the 4th quarter. Hsbc Holdings PLC now owns 113,556 shares of the conglomerate's stock valued at $21,198,000 after acquiring an additional 54,619 shares in the last quarter. 75.14% of the stock is owned by institutional investors. Insider buying and selling. In other Crane news, Director Susan D. Lynch purchased 150 shares of the company's stock in a transaction that occurred on Thursday, April 30th. The shares were acquired at an average cost of $177.38 per share, for a total transaction of $26,607.00. Following the completion of the acquisition, the director owned 370 shares of the company's stock, valued at $65,630.60. The trade was a 68.18% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 2.12% of the company's stock. Analysts set new price targets. A number of analysts have commented on CR shares. Stifel Nicolaus raised Crane from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $200.00 to $215.00 in a report on Wednesday, April 29th. Wall Street Zen lowered Crane from a "buy" rating to a "hold" rating in a report on Saturday, May 9th. DA Davidson reaffirmed a "buy" rating and set a $235.00 target price on shares of Crane in a research report on Monday, June 1st. Finally, Weiss Ratings downgraded Crane from a "buy (b-)" rating to a "hold (c+)" rating in a report on Monday, May 4th. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $226.33. Crane stock up 0.1%. Crane stock opened at $217.81 on Friday. Crane has a fifty-two week low of $159.58 and a fifty-two week high of $226.46. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.88 and a current ratio of 1.18. The firm's 50-day simple moving average is $192.69 and its 200 day simple moving average is $190.95. The stock has a market cap of $12.58 billion, a PE ratio of 28.85, a price-to-earnings-growth ratio of 1.93 and a beta of 1.00. Crane (NYSE:CR - Get Free Report) last posted its quarterly earnings data on Monday, April 27th. The conglomerate reported $1.65 EPS for the quarter, beating the consensus estimate of $1.44 by $0.21. Crane had a net margin of 13.10% and a return on equity of 24.45%. The firm had revenue of $696.40 million during the quarter, compared to analyst estimates of $672.74 million. During the same quarter last year, the business posted $1.39 EPS. The company's revenue for the quarter was up 24.9% on a year-over-year basis. Crane has set its FY 2026 guidance at 6.650-6.850 EPS. Research analysts predict that Crane will post 7.87 EPS for the current fiscal year. Crane announces dividend. The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 29th were given a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Friday, May 29th. Crane's dividend payout ratio (DPR) is presently 18.35%. Crane company profile. Crane Co, headquartered in Stamford, Connecticut, is a diversified manufacturer of engineered industrial products serving customers around the world. The company operates through two primary segments: Aerospace & Electronics and Engineered Materials. Its Aerospace & Electronics division designs and produces valves, fittings, manifolds, and filtration systems for aircraft fuel, hydraulics, and environmental control systems. The Engineered Materials segment focuses on advanced polymers, heat exchangers, and specialized composite solutions for industries including chemical processing, semiconductor manufacturing, and power generation. With roots dating back to its founding in 1855 in Chicago by R.T. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Crane, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Crane wasn't on the list. While Crane currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys. Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead. This report highlights seven nuclear energy stocks positioned across the value chain - combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list.