Rep. Kevin Hern Sells Off Shares of Crane NXT, Co. (NYSE:CXT)

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of Crane NXT, Co. (NYSE:CXT). In a filing disclosed on September 25th, the Representative disclosed that they had sold between $15,001 and $50,000 in Crane NXT stock on August 31st. The trade occurred in the Representative’s “HERN FAMILY FOUNDATION” account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of CenterPoint Energy (NYSE:CNP) on 9/15/2026.
• Sold $1,001 – $15,000 in shares of TJX Companies (NYSE:TJX) on 9/15/2026.
• Sold $15,001 – $50,000 in shares of STERIS (NYSE:STE) on 9/15/2026.
• Sold $1,001 – $15,000 in shares of Seagate Technology (NASDAQ:STX) on 9/15/2026.
• Sold $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 9/14/2026.
• Sold $1,001 – $15,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 9/14/2026.
• Sold $15,001 – $50,000 in shares of IQVIA (NYSE:IQV) on 9/14/2026.
• Sold $15,001 – $50,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
• Sold $15,001 – $50,000 in shares of Emerson Electric (NYSE:EMR) on 9/14/2026.

Crane NXT Trading Down 1.0%

Shares of NYSE CXT traded down $0.46 during mid-day trading on Tuesday, hitting $47.04. 453,592 shares of the company traded hands, compared to its average volume of 761,279. The company has a quick ratio of 1.07, a current ratio of 1.42 and a debt-to-equity ratio of 1.00. Crane NXT, Co. has a 1 year low of $35.71 and a 1 year high of $69.00. The stock has a market capitalization of $2.71 billion, a price-to-earnings ratio of 19.44 and a beta of 1.08. The business has a 50 day moving average of $50.36 and a two-hundred day moving average of $46.12.

Crane NXT (NYSE:CXT) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $1.10 earnings per share for the quarter, topping the consensus estimate of $1.04 by $0.06. Crane NXT had a net margin of 7.78% and a return on equity of 19.87%. The firm had revenue of $493.20 million for the quarter, compared to analysts’ expectations of $475.62 million. During the same period in the previous year, the company posted $0.97 EPS. The company’s quarterly revenue was up 22.1% compared to the same quarter last year. Crane NXT has set its FY 2026 guidance at 4.220-4.420 EPS. On average, sell-side analysts anticipate that Crane NXT, Co. will post 4.29 earnings per share for the current fiscal year.

Crane NXT Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Monday, August 31st were issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Monday, August 31st. Crane NXT’s dividend payout ratio is presently 29.75%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on CXT shares. DA Davidson restated a “buy” rating and set a $85.00 price target on shares of Crane NXT in a report on Friday, September 18th. Northland Securities set a $65.00 price objective on Crane NXT in a research report on Monday, August 10th. Robert W. Baird set a $68.00 target price on Crane NXT in a research note on Friday, August 7th. Jefferies Financial Group initiated coverage on Crane NXT in a research report on Tuesday, September 22nd. They issued a “buy” rating and a $60.00 target price on the stock. Finally, Weiss Ratings raised shares of Crane NXT from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, August 13th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $66.83.

Hedge Funds Weigh In On Crane NXT

Institutional investors have recently made changes to their positions in the business. BlackRock Inc. acquired a new stake in shares of Crane NXT in the second quarter worth $329,797,000. Norges Bank acquired a new position in Crane NXT during the 4th quarter valued at $30,057,000. Bank of New York Mellon Corp acquired a new stake in Crane NXT in the 2nd quarter worth $23,160,000. Bank of America Corp DE acquired a new stake in Crane NXT in the 2nd quarter worth $20,900,000. Finally, Ancora Advisors LLC bought a new position in shares of Crane NXT during the 2nd quarter worth about $20,102,000. 77.49% of the stock is currently owned by institutional investors.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.

Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.

Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

About Crane NXT

Crane NXT, Inc is a technology company that develops solutions for payment acceptance, cash management and brand protection. Its products are used by businesses and governments to authenticate currency, process transactions and protect products and documents from counterfeiting.

Through its Crane Payment Innovations business, the company provides banknote and coin validators, cashless payment systems, transaction-processing technology, telemetry and related software. These solutions serve industries such as vending, gaming, retail, transportation and other unattended-payment markets.

Crane NXT also operates Crane Currency, which supplies banknotes, security features and authentication technologies for central banks, commercial institutions and other organizations.