Crane NXT, Co. (NYSE:CXT – Free Report) – Equities researchers at DA Davidson issued their FY2026 EPS estimates for shares of Crane NXT in a research note issued on Tuesday, February 18th. DA Davidson analyst M. Summerville forecasts that the company will post earnings per share of $4.90 for the year. The consensus estimate for Crane NXT’s current full-year earnings is $4.16 per share.
Crane NXT (NYSE:CXT – Get Free Report) last posted its 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 12.38% and a return on equity of 24.08%.
Read Our Latest Research Report on Crane NXT
Crane NXT Stock Performance
NYSE:CXT opened at $58.15 on Friday. Crane NXT has a 1 year low of $52.89 and a 1 year high of $67.00. The firm’s fifty day simple moving average is $60.94 and its 200 day simple moving average is $58.59. The company has a current ratio of 1.14, a quick ratio of 0.88 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $3.33 billion, a PE ratio of 18.23 and a beta of 1.36.
Institutional Trading of Crane NXT
Several institutional investors have recently made changes to their positions in CXT. Wilmington Savings Fund Society FSB acquired a new stake in shares of Crane NXT during the 3rd quarter valued at about $32,000. Fifth Third Bancorp boosted its position in shares of Crane NXT by 98.6% during the 4th 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. Quarry LP acquired a new stake in shares of Crane NXT during the 4th quarter valued at about $42,000. Covestor Ltd boosted its position in shares of Crane NXT by 38.6% during the 4th quarter. Covestor Ltd now owns 739 shares of the company’s stock valued at $43,000 after acquiring an additional 206 shares in the last quarter. Finally, Lazard Asset Management LLC acquired a new stake in shares of Crane NXT during the 4th quarter valued at about $83,000. 77.49% of the stock is currently owned by institutional investors and hedge funds.
Crane NXT Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 12th. Stockholders of record on Friday, February 28th will be given a dividend of $0.17 per share. This is a positive change from Crane NXT’s previous quarterly dividend of $0.16. This represents a $0.68 annualized dividend and a dividend yield of 1.17%. The ex-dividend date of this dividend is Friday, February 28th. Crane NXT’s payout ratio is 20.06%.
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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