Crane Company is a diversified manufacturer of industrial products and services, operating in various sectors including aerospace, fluid handling, and payment and merchandising technologies. The company designs and produces a wide range of engineered materials and solutions, catering to industries such as construction, aerospace, and energy. Crane Company is committed to innovation and sustainability, focusing on delivering high-quality products that meet the complex needs of its customers while adapting to changing market demands and technological advancements. Its global presence allows it to serve clients across different regions, enhancing its reputation as a reliable partner in industrial and commercial sectors. Read More
Baker Hughes (NASDAQ: BKR) sells Precision Sensors & Instrumentation unit to Crane Company (NYSE: CR) for $1.15B in cash. Move aligns with BKR's focus on core areas and boosts CR's aerospace, nuclear, and industrial capabilities. Expected to close by late 2025/early 2026.
Crane Company (NYSE: CR) (“Crane” or the “Company”), a premier industrial manufacturing and technology company, announced that it has signed an agreement to acquire Precision Sensors & Instrumentation (“PSI”), a leading provider of sensor-based technologies for aerospace, nuclear and process industries, from Baker Hughes (NASDAQ: BKR), an energy technology company, for $1,060 million after adjusting for expected tax benefits with an estimated net present value of approximately $90 million.
HOUSTON and LONDON, June 09, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday an agreement to sell its Precision Sensors & Instrumentation (PSI) product line to Crane Company (NYSE: CR, “Crane”), a diversified manufacturer of engineered industrial products, for a total cash consideration of approximately $1.15 billion.
"You get what you pay for" often applies to expensive stocks with best-in-class business models and execution.
While their quality can sometimes justify the premium, they typically experience elevated volatility during market downturns when expectations change.
Looking back on general industrial machinery stocks’ Q1 earnings, we examine this quarter’s best and worst performers, including Crane (NYSE:CR) and its peers.
Industrial conglomerate Crane (NYSE:CR) beat Wall Street’s revenue expectations in Q1 CY2025, with sales up 9.3% year on year to $557.6 million. Its non-GAAP profit of $1.39 per share was 6.9% above analysts’ consensus estimates.
Industrial conglomerate Crane (NYSE:CR) reported Q1 CY2025 results exceeding the market’s revenue expectations, with sales up 9.3% year on year to $557.6 million. Its non-GAAP profit of $1.39 per share was 6.5% above analysts’ consensus estimates.
Crane Company ("Crane," NYSE: CR) today announced its financial results for the first quarter of 2025 and reaffirmed its full-year adjusted EPS outlook.
While profitability is essential, it doesn’t guarantee long-term success.
Some companies that rest on their margins will lose ground as competition intensifies - as Jeff Bezos said, "Your margin is my opportunity".
A number of stocks fell in the afternoon session after stocks gave back some of the gains from the previous day as the White House clarified the tariffs on imports from China would add up to 145%, while the baseline 10% tariffs remained in place for most countries. This added layer of uncertainty reminded investors that the global trade environment remained volatile, limiting the potential for sustained market gains.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the general industrial machinery industry, including John Bean (NYSE:JBTM) and its peers.
Wrapping up Q4 earnings, we look at the numbers and key takeaways for the general industrial machinery stocks, including GE Aerospace (NYSE:GE) and its peers.
Let’s dig into the relative performance of Kadant (NYSE:KAI) and its peers as we unravel the now-completed Q4 general industrial machinery earnings season.
Wrapping up Q4 earnings, we look at the numbers and key takeaways for the general industrial machinery stocks, including Crane (NYSE:CR) and its peers.
Even if they go mostly unnoticed, industrial businesses are the backbone of our country. Still, their generally high capital requirements expose them to the ups and downs of economic cycles, and the market seems to be baking in a prolonged downturn
as the industry has shed 6% over the past six months. This drop was disappointing since the S&P 500 held steady.
