Northland Capmk lowered shares of Crane NXT (NYSE:CXT – Free Report) from a strong-buy rating to a hold rating in a research note released on Tuesday,Zacks.com reports. Northland Capmk also issued estimates for Crane NXT’s Q2 2025 earnings at $1.07 EPS, Q3 2025 earnings at $1.23 EPS, Q1 2026 earnings at $0.73 EPS, Q2 2026 earnings at $1.15 EPS, Q3 2026 earnings at $1.28 EPS, Q4 2026 earnings at $1.27 EPS and FY2026 earnings at $4.43 EPS.
Several other analysts have also recently commented on CXT. Robert W. Baird raised their target price on Crane NXT from $77.00 to $78.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Northland Securities downgraded Crane NXT from an “outperform” rating to a “market perform” rating and set a $72.00 price objective for the company. in a research note on Tuesday. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $83.33.
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Crane NXT Price Performance
Crane NXT (NYSE:CXT – Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The company reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.19 by $0.01. Crane NXT had a net margin of 12.18% and a return on equity of 23.46%. On average, analysts predict that Crane NXT will post 4.26 EPS for the current year.
Crane NXT Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 12th. Shareholders of record on Friday, February 28th will be given a $0.17 dividend. This is an increase from Crane NXT’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.68 dividend on an annualized basis and a yield of 1.15%. Crane NXT’s dividend payout ratio is presently 20.98%.
Institutional Investors Weigh In On Crane NXT
A number of institutional investors have recently modified their holdings of the stock. Deutsche Bank AG boosted its position in Crane NXT by 3.0% during the fourth quarter. Deutsche Bank AG now owns 5,831 shares of the company’s stock valued at $339,000 after purchasing an additional 168 shares during the last quarter. Covestor Ltd increased its position in Crane NXT by 38.6% in the 4th quarter. Covestor Ltd now owns 739 shares of the company’s stock worth $43,000 after purchasing an additional 206 shares during the last quarter. Atria Investments Inc raised its stake in shares of Crane NXT by 6.0% during the 3rd quarter. Atria Investments Inc now owns 3,700 shares of the company’s stock worth $208,000 after purchasing an additional 208 shares in the last quarter. Amalgamated Bank lifted its holdings in shares of Crane NXT by 1.0% during the 4th quarter. Amalgamated Bank now owns 22,950 shares of the company’s stock valued at $1,336,000 after buying an additional 233 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. lifted its holdings in shares of Crane NXT by 1.9% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 12,923 shares of the company’s stock valued at $725,000 after buying an additional 245 shares during the last quarter. Institutional investors and hedge funds 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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