Crane NXT (NYSE:CXT) Updates FY 2026 Earnings Guidance

Crane NXT (NYSE:CXT) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 4.100-4.400 for the period, compared to the consensus earnings per share estimate of 4.270. The company issued revenue guidance of $1.9 billion-$1.9 billion, compared to the consensus revenue estimate of $1.7 billion.

Analysts Set New Price Targets

Several brokerages recently commented on CXT. Oppenheimer decreased their price target on Crane NXT from $80.00 to $65.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 15th. Northland Securities set a $62.00 price objective on Crane NXT in a research note on Wednesday, February 18th. DA Davidson reissued a “buy” rating and issued a $85.00 price objective on shares of Crane NXT in a research note on Tuesday, February 17th. UBS Group set a $58.00 price objective on Crane NXT in a research note on Friday, February 13th. Finally, Zacks Research lowered Crane NXT from a “hold” rating to a “strong sell” rating in a research note on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $68.60.

Crane NXT Price Performance

Crane NXT stock traded up $1.44 on Wednesday, reaching $45.77. The company’s stock had a trading volume of 709,713 shares, compared to its average volume of 704,922. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.20 and a current ratio of 1.50. The company has a market cap of $2.63 billion, a price-to-earnings ratio of 18.24 and a beta of 1.21. The business’s fifty day moving average price is $44.41 and its 200 day moving average price is $51.21. Crane NXT has a twelve month low of $39.23 and a twelve month high of $69.00.

Crane NXT (NYSE:CXT) last released its earnings results on Wednesday, May 6th. The company reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.04. The company had revenue of $387.70 million during the quarter, compared to the consensus estimate of $378.63 million. Crane NXT had a return on equity of 19.84% and a net margin of 8.76%.Crane NXT has set its FY 2026 guidance at 4.100-4.400 EPS. Equities analysts expect that Crane NXT will post 4.29 earnings per share for the current fiscal year.

Crane NXT Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Saturday, February 28th were given a dividend of $0.18 per share. The ex-dividend date was Friday, February 27th. This is an increase from Crane NXT’s previous quarterly dividend of $0.17. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.6%. Crane NXT’s dividend payout ratio is presently 28.69%.

Institutional Investors Weigh In On Crane NXT

A number of institutional investors and hedge funds have recently made changes to their positions in CXT. Jones Financial Companies Lllp raised its position in shares of Crane NXT by 120.3% during the first quarter. Jones Financial Companies Lllp now owns 716 shares of the company’s stock worth $37,000 after acquiring an additional 391 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Crane NXT by 23.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 177,810 shares of the company’s stock worth $9,139,000 after acquiring an additional 33,336 shares during the last quarter. Jane Street Group LLC increased its holdings in Crane NXT by 89.0% in the first quarter. Jane Street Group LLC now owns 52,113 shares of the company’s stock valued at $2,679,000 after purchasing an additional 24,540 shares during the last quarter. Prudential Financial Inc. increased its holdings in Crane NXT by 24.0% in the second quarter. Prudential Financial Inc. now owns 5,514 shares of the company’s stock valued at $297,000 after purchasing an additional 1,069 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new stake in Crane NXT in the second quarter valued at about $511,000. Institutional investors own 77.49% of the company’s stock.

About Crane NXT

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. The Crane Currency segment provides advanced security solutions based on proprietary technology for securing physical products, including banknotes, consumer goods, and industrial products.