Crane Company Acquires PSI to Enhance Sensor Technology Portfolio
Written by Emily J. Thompson, Senior Investment Analyst
Source: Newsfilter
- Acquisition Completed: Crane Company has successfully acquired Precision Sensors & Instrumentation (PSI), a leading provider of sensor technologies for aerospace, nuclear, and process industries, which is expected to enhance its technological capabilities in critical markets.
- Earnings Release Schedule: Crane will release its fourth-quarter earnings on January 26, 2026, after market close, and discuss the acquisition details in a teleconference the following day, which is anticipated to provide investors with crucial strategic insights.
- Strategic Growth Platforms: This acquisition further solidifies Crane's two strategic growth platforms in Aerospace & Electronics and Process Flow Technologies, aiming to enhance its competitiveness in high-tech manufacturing sectors.
- Global Workforce: With approximately 8,500 employees worldwide, the acquisition will help integrate resources and improve the company's operational efficiency and responsiveness in global markets.
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Analyst Views on BKR
Wall Street analysts forecast BKR stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for BKR is 55.17 USD with a low forecast of 52.00 USD and a high forecast of 61.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
11 Buy
1 Hold
0 Sell
Strong Buy
Current: 56.630
Low
52.00
Averages
55.17
High
61.00
Current: 56.630
Low
52.00
Averages
55.17
High
61.00
About BKR
Baker Hughes Company is an energy technology company with a portfolio of technologies and services that span the energy and industrial value chain. The Company operates in two segments: Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET). OFSE segment provides products and services for onshore and offshore oilfield operations across the lifecycle of a well, ranging from exploration, appraisal, and development, to production, rejuvenation, and decommissioning. OFSE is organized into four product lines: Well Construction; Completions, Intervention, and Measurements; Production Solutions, and Subsea and Surface Pressure Systems. IET segment provides technology solutions and services for mechanical-drive, compression and power-generation applications across the energy industry, including oil and gas, liquefied natural gas (LNG) operations, downstream refining and petrochemical markets, as well as lower carbon solutions to broader energy and industrial sectors.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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