Crane Company

Crane Holdings Co. engages in the management of a subsidiary, which manufacture aerospace equipment, electronics systems, and flow control systems. The company was founded on December 2, 2021 and is headquartered in Stamford, CT.

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Crane Company excels in Q2, eyes M&A opportunities for growth

Crane Company's strong Q2 performance and raised full-year guidance reflect positive momentum.
The company's focus on strategic growth, acquisitions, and sales synergies is paying off.
Challenges in competition and market dynamics are being addressed proactively.
Opportunities in M&A activities and market expansion are key focus areas for future growth.

Crane Company excels in Q3, raises earnings outlook by 19%

Crane Company's Q3 2024 performance was robust, driven by growth in key segments despite facing operational challenges. The company's raised earnings guidance and emphasis on resilience and execution highlight its strong position in the market. With a focus on M&A opportunities and investor engagement, Crane is poised for continued growth and success.

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Crane Co. designs and manufactures aerospace, electronics & engineered industrial products. It operates through four segments: Aerospace & Electronics, Process Flow Technologies, Payment & Merchandising Technology, and Engineered Materials. The company was founded by Richard Teller Crane on July 4, 1855 and is headquartered in Stamford, CT.

Crane NXT Co

Contrary to popular belief, the amount of paper currency in circulation has been increasing in certain years. Global banknotes in circulation have increased from almost $200 billion in 2013 to $321 billion 2021.

Crane NXT: Unknown and Undervalued

The consensus price target hints at a 33.5% upside potential for Crane (CR). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Think Crane (CR) Could Surge 33.51%: Read This Before Placing a Bet

Investors need to pay close attention to Crane Company (CR) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Crane Company (CR) Stock?

Crane Co. CR stock rose nearly 5% in the extended session Wednesday after reporting better-than-expected first-quarter earnings and raising its guidance for the year. Crane earned $62 million, or $1.08 a share, in the quarter, compared with $54 million, or 93 cents a share, in the year-ago quarter.

Crane Co. raises guidance, posts better-than-expected Q1

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company ("Crane," NYSE: CR) today announced its financial results for the first quarter of 2023 and updated its full-year outlook. Crane operated as part of Crane Holdings, Co. for the entire first quarter of 2023 prior to the separation transaction on April 3, and the historical financial measures presented in this release were derived from Crane Holdings, Co.'s accounting records and are presented on a carve-out basis. Crane Holdings, Co.'s (now renamed.

Crane Company Reports First Quarter 2023 Results and Updates Full Year Guidance

Crane Company Is Becoming More Shareholder Friendly.

Crane Company Is Becoming More Shareholder Friendly

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (NYSE: CR) announces the following schedule and teleconference information for its first quarter 2023 earnings release: Earnings Release: May 10, 2023 after close of market by public distribution and the Crane Company website at www.craneco.com. Teleconference: May 11, 2023 at 10:00 AM (Eastern) hosted by Max H. Mitchell, President & CEO, and Richard A. Maue, Executive Vice President & CFO.

Crane Company Announces Date for First Quarter 2023 Earnings Release and Teleconference

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (“Crane,” NYSE: CR), a manufacturer of highly engineered industrial products, today announced the completion of its separation from Crane Holdings, Co., and its launch as an independent, publicly traded company. Crane will begin trading on the New York Stock Exchange on April 4, 2023 under the ticker “CR.” Crane's President and CEO, Max Mitchell, said: “Today marks another important milestone in Crane's history.

Crane Company Completes Separation from Crane Holdings, Co.

WALTHAM, Mass.--(BUSINESS WIRE)--Crane NXT, Co. (“Crane NXT,” NYSE: CXT), a premier industrial technology company, today announced the completion of its separation from Crane Company, and its launch as an independent, publicly traded company. Crane NXT will begin trading on the New York Stock Exchange on April 4, 2023 under the ticker “CXT.” Crane NXT's President and CEO, Aaron W. Saak, commented: “Today marks a major milestone for NXT as we begin our journey as a newly independent company.

Crane NXT, Co. Completes Separation from Crane Company

S&P Global

NEW YORK , March 29, 2023 /PRNewswire/ -- Crane Co. (NYSE:CR) will be added to the S&P MidCap 400 effective prior to the open of trading on Tuesday, April 4, replacing PacWest Bancorp (NASD:PACW) which will be moved to the S&P SmallCap 600 effective prior to the open of trading on Wednesday, April 5. PacWest Bancorp will replace Nektar Therapeutics (NASD:NKTR) in the S&P SmallCap 600 effective prior to the open of trading on Wednesday, April 5.

Crane Set to Join S&P MidCap 400; PacWest Bancorp to Join S&P SmallCap 600

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Holdings, Co. (“Crane,” NYSE: CR), a diversified manufacturer of highly engineered industrial products, today announced the members of its board of directors and executive officers for Crane Company, which is scheduled to become an independent, publicly traded company following its April 3, 2023, separation transaction. Max Mitchell, Crane Holdings, Co.

Crane Holdings, Co. Announces Board of Directors and Executive Leadership Team for Crane Company Following Separation Transaction

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Holdings, Co. (“Crane,” NYSE: CR), a diversified manufacturer of highly engineered industrial products, today announced the members of its board of directors and executive officers for Crane NXT, which is scheduled to become an independent, publicly traded company following its April 3, 2023 separation transaction. Aaron W.

Crane Holdings, Co. Announces Board of Directors and Executive Leadership Team for Crane NXT Following Separation Transaction

Crane Holdings (CR) is backed by robust growth in its Process Flow Technologies segment. Its shareholder-friendly policies hold promise.

Key Reasons to Hold on to Crane Holdings (CR) Stock for Now

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Holdings, Co. (“Crane,” NYSE: CR), a diversified manufacturer of highly engineered industrial products, today announced that Jennifer Kartono has been appointed Senior Vice President, Chief Human Resources Officer of Crane NXT, a premier Industrial Technology business, effective April 10, 2023. In this role, Ms.

Crane Holdings, Co. Names Jennifer Kartono Senior Vice President, Chief Human Resources Officer of Crane NXT

Crane Holdings Co. CR, +2.15% said late Monday the financing part of its goal to split into two publicly traded companies has been secured. The credit agreements will provide an aggregate principal amount of $1.65 billion in new syndicated revolving credit and loan facilities for Crane Co. and the Crane Holdings Co., which will be renamed Crane NXT Co. The split is expected to be completed in early April.

Crane's financing for split into two publicly traded companies completed

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Holdings, Co. (“Crane” or the “Company,” NYSE: CR), a diversified manufacturer of highly engineered industrial products, today announced the signing of credit agreements that will provide an aggregate principal amount of $1.65 billion in new syndicated revolving credit and term loan facilities for Crane Company (“Crane Company”) and the Company, which will be renamed Crane NXT, Co. (“Crane NXT”).

Crane Holdings, Co. Completes Financing For Upcoming Separation

Crane Holdings (CR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Crane Holdings (CR) Soars 5.1%: Is Further Upside Left in the Stock?

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Holdings, Co. (“Crane,” NYSE: CR), a diversified manufacturer of highly engineered industrial products, today announced that Paul G. Igoe has been appointed Senior Vice President, General Counsel, and Secretary of Crane NXT, a premier Industrial Technology business, effective March 20, 2023. In this role, Mr.

Crane Holdings, Co. Names Paul G. Igoe Senior Vice President, General Counsel, and Secretary of Crane NXT

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Kellogg

Kellogg, Johnson & Johnson, Crane, and BorgWarner are planning to hive off a chunk of their businesses in 2023. What investors need to know.

Johnson & Johnson, Kellogg, and 2 Other Spinoffs to Watch in 2023

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Holdings, Co. (“Crane” or the “Company,” NYSE: CR), a diversified manufacturer of highly engineered industrial products, announced the timing and additional details regarding its previously announced separation into two independent, publicly traded companies. The separation is expected to occur through a tax-free distribution of the Aerospace & Electronics, Process Flow Technologies, and Engineered Materials businesses to the Company's shareholders.

Crane Holdings, Co. Announces Timing and Additional Details Regarding its Previously Announced Separation

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Holdings, Co. (“Crane,” NYSE: CR), a diversified manufacturer of highly engineered industrial products, today announced that Christina Cristiano has been appointed Senior Vice President, Chief Financial Officer of Crane NXT, a premier Industrial Technology business. A highly experienced finance executive with broad-based expertise, Ms.

Crane Holdings, Co. Names Christina Cristiano CFO of Crane NXT

Crane Holdings (CR) reported earnings 30 days ago. What's next for the stock?

Crane Holdings (CR) Up 1.3% Since Last Earnings Report: Can It Continue?

Crane Holdings (CR) is benefiting from improving order trends, investment in technology, efforts to develop products, divestitures and shareholder-friendly moves.

Here's Why You Should Hold Crane Holdings (CR) Stock for Now

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Holdings, Co. (“Crane” or the “Company,” NYSE: CR), a diversified manufacturer of highly engineered industrial products, announced that the U.S. Securities and Exchange Commission has declared effective the Registration Statement on Form 10 filed by Crane Company.

Crane Holdings, Co. Announces Effectiveness of the Form 10 Registration Statement for Crane Company

If you are wondering if Crane Holdings (NYSE: CR) stock will take flight and move up to a new high, the odds are high that it won't, at least not right away. Numerous factors in play point to higher prices, but headwinds are also in place that may keep the stock from moving significantly higher in the near term.

News for Crane Company Stock (CR)