SCHEDULE: FMR LLC Discloses 3.9% Stake in Crane Co.
Beneficial Ownership Disclosure
FMR LLC and Abigail P. Johnson have filed an amended Schedule 13G, disclosing a 3.9% beneficial ownership stake in Crane Co. common stock as of June 30, 2025.
Summary
- FMR LLC and Abigail P. Johnson, through various affiliated entities, collectively beneficially own 2,268,332 shares of Crane Co. common stock.
- This ownership represents 3.9% of the total outstanding common stock of Crane Co.
- FMR LLC holds sole voting power over 2,240,265.19 shares and sole dispositive power over 2,268,332.00 shares.
- Abigail P. Johnson holds sole dispositive power over 2,268,332.00 shares, with no sole or shared voting power.
- The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Crane Co.
Sentiment
Score: 5
Explanation: The filing is a routine disclosure of beneficial ownership by a large institutional investor, indicating continued interest but not providing new information that would significantly alter sentiment.
Positives
- The continued holding of a significant stake by a major institutional investor like FMR LLC and its affiliates indicates ongoing investment interest in Crane Co.
Negatives
- No explicit negatives are present in this routine beneficial ownership disclosure.
Risks
- The filing explicitly states that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer, mitigating concerns about an activist stake.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of beneficial ownership by a large asset manager and does not provide specific insights into broader industry trends or competitive dynamics for Crane Co.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holding, confirming FMR LLC's continued investment in Crane Co.
Key Dates
| Date | Description |
|---|---|
| 2023-05-23 | Effective date of Power of Attorney for Richard Bourgelas on behalf of FMR LLC and Abigail P. Johnson. |
| 2023-08-08 | Date of previous Schedule 13G filing by FMR LLC, where the Power of Attorney was incorporated by reference. |
| 2025-06-30 | Date of event which requires filing of this statement (reporting period end date). |
| 2025-08-05 | Date of signing of the Schedule 13G Amendment No. 4. |
Keywords
Crane Co, FMR LLC, Abigail P. Johnson, Beneficial Ownership, Institutional Investor, Common Stock, SEC Filing, Schedule 13G
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.