392,919 Shares in Crane NXT, Co. $CXT Bought by Ancora Advisors LLC

Key Points

• Ancora Advisors bought 392,919 shares of Crane NXT, valued at approximately $20.1 million, giving it a 0.68% stake. Institutional investors collectively own 77.49% of the company.
• Crane NXT reported quarterly earnings of $1.10 per share, beating estimates by $0.06, while revenue rose 22.1% year over year to $493.2 million. The company issued fiscal 2026 EPS guidance of $4.22–$4.42.
• The company declared a quarterly dividend of $0.18 per share, equivalent to an annualized $0.72 and a 1.4% yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $68.20.

Ancora Advisors LLC bought a new position in shares of Crane NXT, Co. (NYSE:CXT - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund bought 392,919 shares of the company's stock, valued at approximately $20,102,000. Ancora Advisors LLC owned 0.68% of Crane NXT at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Jones Financial Companies Lllp boosted its holdings in Crane NXT by 120.3% in the first quarter. Jones Financial Companies Lllp now owns 716 shares of the company's stock valued at $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 holdings in Crane NXT by 23.1% during 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 worth $9,139,000 after purchasing an additional 33,336 shares during the last quarter. Jane Street Group LLC lifted its position in shares of 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 during the period. Prudential Financial Inc. lifted its position in shares of 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 during the period. Finally, Arrowstreet Capital Limited Partnership bought a new stake in shares of Crane NXT in the 2nd quarter valued at $511,000. Institutional investors own 77.49% of the company's stock.

Crane NXT Trading Up 0.9%

NYSE:CXT opened at $50.24 on Wednesday. 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 stock has a market capitalization of $2.89 billion, a price-to-earnings ratio of 20.76 and a beta of 1.09. The firm has a fifty day simple moving average of $50.70 and a two-hundred day simple moving average of $46.46. Crane NXT, Co. has a 12 month low of $35.71 and a 12 month high of $69.00.

Crane NXT (NYSE:CXT - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $1.10 earnings per share 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 during the quarter, compared to the consensus estimate of $475.62 million. During the same period in the previous year, the firm posted $0.97 earnings per share. The business's 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. Analysts expect that Crane NXT, Co. will post 4.27 EPS for the current fiscal year.

Crane NXT Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Monday, August 31st will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Monday, August 31st. Crane NXT's dividend payout ratio (DPR) is 29.75%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Robert W. Baird set a $68.00 price objective on shares of Crane NXT in a research report on Friday, August 7th. Zacks Research raised shares of Crane NXT from a "strong sell" rating to a "hold" rating in a research report on Tuesday, May 12th. Northland Securities set a $65.00 price target on shares of Crane NXT in a research report on Monday, August 10th. Finally, Weiss Ratings upgraded Crane NXT from a "hold (c-)" rating to a "hold (c)" rating in a report on Thursday, August 13th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, Crane NXT has a consensus rating of "Moderate Buy" and a consensus target price of $68.20.

Crane NXT 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.

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