CRANE COMPANY Stock Price, News & Analysis

Crane Company (NYSE: CR) is an industrial manufacturing and technology business focused on specialty industrial machinery and highly engineered components for demanding applications. According to the company’s public disclosures, Crane has delivered technology-led solutions since its founding in 1855 and today concentrates on mission-critical applications in the aerospace, defense, space and process industry end markets. Its common stock is listed on the New York Stock Exchange under the ticker symbol CR.

Crane describes itself as a manufacturer of highly engineered components designed for challenging, mission-critical uses. Historically, the firm has produced industrial products such as valves, pumps, aerospace components and fiberglass-reinforced plastic panels. The company’s operations are organized around two strategic growth platforms: Aerospace & Electronics and Process Flow Technologies. These platforms frame how Crane allocates capital, manages operations and reports segment performance.

Aerospace & Electronics

The Aerospace & Electronics segment focuses on components and systems that serve aerospace, defense and space end markets. Crane’s disclosures highlight strong demand trends and aftermarket activity within this segment, with orders and backlog providing visibility into future activity. The company notes that Aerospace & Electronics has benefited from core sales growth and aftermarket strength, and that it targets applications that are mission-critical for customers in areas such as aircraft and defense platforms.

Within Aerospace & Electronics, Crane emphasizes technology-led offerings and content on aircraft and defense systems. Public statements reference incremental content wins on hybrid-electric military ground vehicles and development work on an anti-skid brake control system for an unmanned fighter aircraft, illustrating the type of engineered solutions this segment pursues. The company also notes that acquisitions, such as the Vian business, have contributed to segment sales growth.

Process Flow Technologies

The Process Flow Technologies segment focuses on flow management and related technologies for process industry end markets. Crane reports that this segment has delivered core sales growth and margin expansion supported by productivity and pricing. The segment’s order backlog and sales trends are discussed in company earnings releases, reflecting demand across process-related applications.

Crane has expanded Process Flow Technologies through acquisitions, including CryoWorks and Technifab, which are cited as contributing to segment sales. The company also references new product activity, such as approvals for a pharmaceutical valve with a key customer and initial installations of its SyFlo wastewater pump product, illustrating its focus on engineered solutions for process industries.

Portfolio Evolution and Acquisitions

Crane’s recent communications describe an ongoing portfolio evolution toward higher-growth, higher-margin, highly engineered products for mission-critical applications. In its public statements, the company notes that since a separation completed in April 2023 it has continued to focus on these types of products within both strategic platforms.

A notable transaction is the acquisition of Precision Sensors & Instrumentation (PSI) from Baker Hughes. Crane announced an agreement to acquire PSI, describing PSI as a provider of sensor-based technologies for aerospace, nuclear and process industries and as a global leader in sophisticated sensor-based technologies for mission-critical applications in harsh and hazardous environments. On January 1, 2026, Crane reported in an SEC filing that it completed this acquisition via the purchase of Panametrics, LLC, which constituted 100% of PSI, under a purchase agreement with Baker Hughes entities.

Crane’s public commentary explains that PSI adds three brands—Druck, Reuter-Stokes and Panametrics—to its portfolio. According to the company, Druck enhances pressure sensing capabilities for critical aerospace applications and ground-based test and calibration equipment. Reuter-Stokes is described as providing radiation sensing and detection technologies that expand Crane’s nuclear and homeland security offerings and strengthen its position in nuclear energy markets. Panametrics is described as adding ultrasonic flow meters and precision moisture analyzers that support process industries across applications such as chemical production, LNG transportation, cryogenic gas storage, pipelines, refining, and water and wastewater treatment.

Business Model and End Markets

Crane’s business model centers on designing and manufacturing highly engineered, mission-critical components and systems. The company’s disclosures emphasize technology-led solutions and commercial and operational execution. It serves customers in aerospace, defense, space and a range of process industries, including sectors that require precise flow control, sensing and related technologies.

Across both segments, Crane highlights the importance of core sales growth, aftermarket demand, productivity, pricing and backlog as drivers of performance. Public statements also reference the use of the Crane Business System to support commercial and operational excellence, particularly in the context of integrating acquisitions such as PSI.

Capital Allocation and Financing

Crane’s filings and press releases describe a capital deployment approach that combines organic investment with acquisitions. The company has discussed a pipeline of merger and acquisition opportunities across both Aerospace & Electronics and Process Flow Technologies, and has executed several acquisitions, including Vian, CryoWorks, Technifab and PSI, as well as a divestiture of its Engineered Materials segment, which is now presented as discontinued operations.

In an SEC filing dated September 30, 2025, Crane reported entering into a senior unsecured credit agreement that provides a delayed draw term loan facility and a revolving credit facility, both maturing in 2030. The company stated that the term facility is available, together with cash on hand, to fund the PSI acquisition and that the revolving facility provides additional financial flexibility. The filing outlines interest rate structures, leverage and interest coverage covenants, and other customary terms for this type of facility.

Global Footprint and Workforce

Crane reports that it has approximately 7,500 employees in the Americas, Europe, the Middle East, Asia and Australia. This global footprint reflects the company’s participation in international aerospace, defense, space and process industry markets. The company’s disclosures also reference risks associated with conducting a substantial portion of its business outside the United States, including geopolitical and regulatory considerations.

Risk Factors and Regulatory Disclosures

Crane’s press releases and SEC filings point investors to its Annual Report on Form 10-K and other SEC documents for detailed risk factors. The company cites risks such as changes in global economic conditions, inflationary pressures, tariffs, supply chain disruptions, regulatory requirements, environmental liabilities, competition, and the challenges of integrating acquisitions. It also notes risks specific to its reportable segments, including Aerospace & Electronics and Process Flow Technologies.

As a registrant under the Securities Exchange Act of 1934, Crane files periodic reports and current reports, including Form 8-K filings related to earnings releases, material definitive agreements, financing arrangements and acquisitions. These filings provide additional detail on the company’s operations, financial condition and strategic transactions.

Stock and Investor Information

Crane’s common stock trades on the New York Stock Exchange under the symbol CR. The company has announced regular quarterly dividends and has discussed dividend levels and changes in its earnings releases. Management commentary in those releases emphasizes a focus on above-market growth, operational execution and disciplined capital deployment, including both organic investment and acquisitions, as key elements of its approach to creating long-term shareholder value.

Summary

In summary, Crane Company is an industrial manufacturer and technology company with a long operating history and a focus on highly engineered, mission-critical components for aerospace, defense, space and process industry end markets. Organized around its Aerospace & Electronics and Process Flow Technologies platforms, the company combines organic product development with acquisitions, such as PSI, CryoWorks, Technifab and Vian, to expand its capabilities in areas like sensing, flow technologies and specialized components. Its public disclosures highlight global operations, a technology-led approach, and ongoing portfolio refinement supported by structured operational and commercial practices.