5 Industrial Stocks to Buy Today According to Mario Gabelli’s GAMCO Investors

4. Crane Co. (NYSE:CR)

GAMCO Investors’ Stake Value: $150 million

Percentage of GAMCO Investors’ 13F Portfolio: 1.28%

Number of Hedge Fund Holders: 25

Crane Co. (NYSE:CR) is an industrial equipment seller that operates in the United States, United Kingdom, Canada, and other countries. The company sells products such as valves, fluid control instruments, and pumps to companies operating in several industries.

GAMCO Investors’ stake in Crane Co. (NYSE:CR) for the fourth quarter of last year was worth $150 million. It came through the firm owning 1.4 million shares and represented 1.28% of its investment portfolio. Insider Monkey’s Q4 2021 survey of 924 hedge funds listed 25 as the firm’s investors.

Crane Co. (NYSE:CR) reported $770 million in revenue and $1.25 in non-GAAP EPS for its fourth fiscal quarter, beating Wall Street analyst estimates for both. Stifel lowered its price target to $134 from $137 in April 2022, outlining that the industrial sector is in for little growth during the second quarter of this year.

Crane Co. (NYSE:CR)’s largest investor after GAMCO Investors is Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital which owns 499,082 shares worth $50 million.