Northland Securities Lowers Earnings Estimates for Crane NXT

Crane NXT, Co. (NYSE:CXT) – Equities research analysts at Northland Securities cut their Q3 2026 earnings estimates for Crane NXT in a research report issued to clients and investors on Monday, August 10th. Northland Securities analyst B. Brooks now anticipates that the company will earn $1.14 per share for the quarter, down from their previous forecast of $1.23. The consensus estimate for Crane NXT’s current full-year earnings is $4.27 per share. Northland Securities also issued estimates for Crane NXT’s Q2 2027 earnings at $1.13 EPS, Q3 2027 earnings at $1.10 EPS, Q4 2027 earnings at $1.50 EPS and FY2027 earnings at $4.31 EPS.

CXT has been the topic of a number of other research reports. Zacks Research upgraded shares of Crane NXT from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 12th. Oppenheimer decreased their price target on Crane NXT from $80.00 to $65.00 and set an “outperform” rating for the company in a research note on Wednesday, April 15th. Robert W. Baird set a $68.00 price target on Crane NXT in a research report on Friday. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Crane NXT in a research note on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Crane NXT currently has a consensus rating of “Moderate Buy” and a consensus target price of $68.20.

Crane NXT Trading Down 3.3%

Shares of NYSE:CXT opened at $51.57 on Tuesday. The company has a 50 day moving average of $48.19 and a 200-day moving average of $46.52. The company has a current ratio of 1.42, a quick ratio of 1.07 and a debt-to-equity ratio of 1.00. The firm has a market cap of $2.97 billion, a P/E ratio of 21.31 and a beta of 1.09. Crane NXT has a twelve month low of $35.71 and a twelve month high of $69.00.

Crane NXT (NYSE:CXT) last released its earnings results on Wednesday, August 5th. The company reported $1.10 EPS for the quarter, beating 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 quarter last year, the company earned $0.97 EPS. Crane NXT’s quarterly revenue was up 22.1% on a year-over-year basis. Crane NXT has set its FY 2026 guidance at 4.220-4.420 EPS.

Crane NXT Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Monday, August 31st will be given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Monday, August 31st. Crane NXT’s dividend payout ratio is 29.75%.

Institutional Investors Weigh In On Crane NXT

Large investors have recently modified their holdings of the stock. 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 purchasing an additional 391 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Crane NXT by 23.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 177,810 shares of the company’s stock valued at $9,139,000 after purchasing an additional 33,336 shares during the period. Jane Street Group LLC increased its stake in Crane NXT by 89.0% in the 1st quarter. Jane Street Group LLC now owns 52,113 shares of the company’s stock worth $2,679,000 after purchasing an additional 24,540 shares in the last quarter. Prudential Financial Inc. increased its stake in Crane NXT by 24.0% in the 2nd quarter. Prudential Financial Inc. now owns 5,514 shares of the company’s stock worth $297,000 after purchasing an additional 1,069 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new position in Crane NXT in the 2nd quarter worth about $511,000. 77.49% of the stock is owned by institutional investors.

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