Fuller & Thaler Asset Management Inc. Has $31.27 Million Holdings in Crane NXT, Co. (NYSE:CXT)

Fuller & Thaler Asset Management Inc. trimmed its position in shares of Crane NXT, Co. (NYSE:CXT) by 1.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 537,035 shares of the company’s stock after selling 6,413 shares during the quarter. Fuller & Thaler Asset Management Inc. owned approximately 0.94% of Crane NXT worth $31,266,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Fifth Third Bancorp raised its position in Crane NXT by 98.6% during the fourth quarter. Fifth Third Bancorp now owns 556 shares of the company’s stock valued at $32,000 after acquiring an additional 276 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Crane NXT during the 3rd quarter valued at $32,000. Covestor Ltd lifted its stake in shares of Crane NXT by 38.6% in the 4th quarter. Covestor Ltd now owns 739 shares of the company’s stock valued at $43,000 after purchasing an additional 206 shares during the last quarter. Venturi Wealth Management LLC boosted its holdings in Crane NXT by 985.4% in the fourth quarter. Venturi Wealth Management LLC now owns 1,639 shares of the company’s stock worth $95,000 after purchasing an additional 1,488 shares in the last quarter. Finally, Cascade Financial Partners LLC acquired a new position in Crane NXT during the fourth quarter worth $202,000. Institutional investors own 77.49% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Northland Capmk cut Crane NXT from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 18th. Northland Securities lowered Crane NXT from an “outperform” rating to a “market perform” rating and set a $72.00 target price for the company. in a report on Tuesday, February 18th. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Crane NXT presently has an average rating of “Moderate Buy” and an average target price of $83.33.

Crane NXT Stock Up 4.3 %

Crane NXT stock opened at $46.46 on Friday. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.14 and a quick ratio of 0.88. Crane NXT, Co. has a fifty-two week low of $41.54 and a fifty-two week high of $67.01. The firm has a fifty day moving average price of $51.09 and a two-hundred day moving average price of $56.49. The firm has a market cap of $2.66 billion, a price-to-earnings ratio of 14.56 and a beta of 1.21.

Crane NXT (NYSE:CXT) last posted its quarterly earnings data on Wednesday, February 12th. The company reported $1.20 earnings per share for the quarter, topping the consensus estimate of $1.19 by $0.01. Crane NXT had a return on equity of 24.08% and a net margin of 12.38%. As a group, analysts forecast that Crane NXT, Co. will post 4.16 earnings per share for the current year.

Crane NXT Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Friday, February 28th were paid a $0.17 dividend. This is an increase from Crane NXT’s previous quarterly dividend of $0.16. The ex-dividend date was Friday, February 28th. This represents a $0.68 annualized dividend and a dividend yield of 1.46%. Crane NXT’s dividend payout ratio (DPR) is presently 21.32%.

Crane NXT 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.