Crane Company Acquires PSI for $1,060 Million

An update from Crane Company ( (CR) ) is now available.

On June 6, 2025, Crane Company announced a definitive agreement to acquire Precision Sensors & Instrumentation (PSI) from Baker Hughes Holdings LLC and Bently Nevada, LLC for $1,060 million. PSI is a provider of sensor-based technologies for aerospace, nuclear, and process industries. The acquisition, expected to close by early 2026, aims to enhance Crane’s capabilities in critical applications and expand its market reach. This strategic move is anticipated to drive long-term sales growth, improve margins, and align with Crane’s focus on mission-critical applications, ultimately strengthening its industry positioning and shareholder value.

The most recent analyst rating on (CR) stock is a Buy with a $185.00 price target. To see the full list of analyst forecasts on Crane Company stock, see the CR Stock Forecast page.

Spark’s Take on CR Stock

According to Spark, TipRanks’ AI Analyst, CR is a Outperform.

Crane Company demonstrates solid financial performance with strong profitability and cash flow, supported by positive earnings call highlights. Technical analysis shows a bullish trend, though short-term caution is advised due to overbought indicators. Valuation presents a concern, as the stock may be overvalued. Overall, Crane is well-positioned for growth, but macroeconomic challenges and valuation metrics warrant careful consideration.

To see Spark’s full report on CR stock, click here.

More about Crane Company

Crane Company is a leading manufacturer of highly engineered components for challenging, mission-critical applications in the aerospace, defense, space, and process industry end markets. The company operates through two strategic growth platforms: Aerospace & Electronics and Process Flow Technologies, employing approximately 7,500 people across the Americas, Europe, the Middle East, Asia, and Australia.

Average Trading Volume: 347,358

Technical Sentiment Signal: Buy

Current Market Cap: $10.22B

For a thorough assessment of CR stock, go to TipRanks’ Stock Analysis page.