Crane NXT, Co. (NYSE:CXT – Free Report) – Investment analysts at DA Davidson issued their FY2026 EPS estimates for shares of Crane NXT in a report released on Tuesday, February 18th. DA Davidson analyst M. Summerville forecasts that the company will post earnings per share of $4.90 for the year. The consensus estimate for Crane NXT’s current full-year earnings is $4.16 per share.
Crane NXT (NYSE:CXT – Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The company reported $1.20 earnings per share for the quarter, beating analysts’ consensus estimates of $1.19 by $0.01. Crane NXT had a net margin of 12.38% and a return on equity of 24.08%.
View Our Latest Stock Report on CXT
Crane NXT Stock Up 0.2 %
NYSE CXT opened at $59.24 on Friday. The stock has a market capitalization of $3.39 billion, a P/E ratio of 18.57 and a beta of 1.36. Crane NXT has a 52 week low of $52.89 and a 52 week high of $67.00. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.88 and a current ratio of 1.14. The stock has a fifty day moving average of $60.98 and a 200-day moving average of $58.58.
Crane NXT Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Friday, February 28th will be issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 1.15%. The ex-dividend date of this dividend is Friday, February 28th. This is an increase from Crane NXT’s previous quarterly dividend of $0.16. Crane NXT’s dividend payout ratio is currently 20.06%.
Hedge Funds Weigh In On Crane NXT
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CXT. Stifel Financial Corp raised its position in shares of Crane NXT by 60.6% in the 3rd quarter. Stifel Financial Corp now owns 43,627 shares of the company’s stock valued at $2,448,000 after acquiring an additional 16,465 shares during the period. Park Avenue Securities LLC bought a new stake in Crane NXT in the fourth quarter valued at approximately $527,000. Barclays PLC increased its stake in Crane NXT by 45.3% in the third quarter. Barclays PLC now owns 37,663 shares of the company’s stock valued at $2,113,000 after purchasing an additional 11,734 shares in the last quarter. Lord Abbett & CO. LLC raised its holdings in Crane NXT by 12.3% in the third quarter. Lord Abbett & CO. LLC now owns 396,152 shares of the company’s stock worth $22,224,000 after purchasing an additional 43,439 shares during the period. Finally, FORA Capital LLC bought a new position in shares of Crane NXT during the third quarter worth $507,000. Institutional investors own 77.49% of the company’s stock.
Crane NXT Company Profile
Crane NXT, Co operates as an industrial technology company that provides technology solutions to secure, detect, and authenticate customers’ important assets. The company operates through Crane Payment Innovations and Crane Currency segments. The Crane Payment Innovations segment offers electronic equipment and associated software, as well as advanced automation solutions, processing systems, field service solutions, remote diagnostics, and productivity software solutions.
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