Crane NXT (NYSE:CXT – Get Free Report) was downgraded by stock analysts at Northland Capmk from a “strong-buy” rating to a “hold” rating in a research report issued on Tuesday,Zacks.com reports. Northland Capmk also issued estimates for Crane NXT’s Q2 2025 earnings at $1.07 EPS, Q3 2025 earnings at $1.23 EPS, Q1 2026 earnings at $0.73 EPS, Q2 2026 earnings at $1.15 EPS, Q3 2026 earnings at $1.28 EPS, Q4 2026 earnings at $1.27 EPS and FY2026 earnings at $4.43 EPS.
Several other brokerages also recently issued reports on CXT. Robert W. Baird raised their target price on shares of Crane NXT from $77.00 to $78.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Northland Securities downgraded shares of Crane NXT from an “outperform” rating to a “market perform” rating and set a $72.00 target price for the company. in a research note on Tuesday. Two research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $83.33.
View Our Latest Stock Analysis on Crane NXT
Crane NXT Trading Down 0.3 %
Crane NXT (NYSE:CXT – Get Free Report) last posted its quarterly earnings data on Wednesday, February 12th. The company reported $1.20 EPS for the quarter, topping 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%. On average, equities analysts expect that Crane NXT will post 4.18 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Crane NXT
Several hedge funds have recently bought and sold shares of CXT. FMR LLC raised its holdings in Crane NXT by 4.1% in the 4th quarter. FMR LLC now owns 8,576,731 shares of the company’s stock valued at $499,337,000 after acquiring an additional 336,765 shares during the period. Vanguard Group Inc. raised its holdings in Crane NXT by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 5,930,995 shares of the company’s stock valued at $345,303,000 after acquiring an additional 66,800 shares during the period. Wellington Management Group LLP raised its holdings in Crane NXT by 2.4% in the 4th quarter. Wellington Management Group LLP now owns 3,156,140 shares of the company’s stock valued at $183,750,000 after acquiring an additional 72,992 shares during the period. State Street Corp raised its holdings in Crane NXT by 1.6% in the 3rd quarter. State Street Corp now owns 1,443,518 shares of the company’s stock valued at $80,981,000 after acquiring an additional 22,041 shares during the period. Finally, Capital International Investors raised its holdings in Crane NXT by 79.3% in the 4th quarter. Capital International Investors now owns 1,351,044 shares of the company’s stock valued at $78,658,000 after acquiring an additional 597,537 shares during the period. 77.49% of the stock is currently owned by institutional investors and hedge funds.
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.
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