Callan Family Office LLC Purchases Shares of 22,505 Crane NXT, Co. $CXT

Key Points

• Callan Family Office acquired 22,505 shares of Crane NXT valued at approximately $1.15 million, while institutional investors collectively own 77.49% of the company.
• Crane NXT reported quarterly EPS of $1.10, beating estimates of $1.04, while revenue rose 22.1% year over year to $493.2 million. The company set fiscal 2026 EPS guidance at $4.22–$4.42.
• Analysts maintain a consensus “Moderate Buy” rating with an average price target of $68.20, compared with the stock’s reported price of $49.85; Crane NXT also declared a quarterly dividend of $0.18.

Callan Family Office LLC acquired a new stake in shares of Crane NXT, Co. (NYSE:CXT - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 22,505 shares of the company's stock, valued at approximately $1,151,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. bought a new position in shares of Crane NXT in the second quarter valued at approximately $329,797,000. Alliancebernstein L.P. increased its holdings in Crane NXT by 2,449.9% during the 2nd quarter. Alliancebernstein L.P. now owns 1,770,807 shares of the company's stock valued at $95,446,000 after purchasing an additional 1,701,361 shares in the last quarter. Channing Capital Management LLC raised its position in Crane NXT by 632.9% in the 4th quarter. Channing Capital Management LLC now owns 1,571,769 shares of the company's stock valued at $73,983,000 after purchasing an additional 1,357,312 shares during the last quarter. Norges Bank bought a new stake in shares of Crane NXT during the fourth quarter worth $30,057,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Crane NXT in the second quarter valued at $23,160,000. Institutional investors and hedge funds own 77.49% of the company's stock.

Analyst Ratings Changes

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

Crane NXT Price Performance

NYSE CXT opened at $49.85 on Tuesday. The firm's 50 day moving average is $50.55 and its 200-day moving average is $46.48. Crane NXT, Co. has a 12-month low of $35.71 and a 12-month high of $69.00. The company has a quick ratio of 1.07, a current ratio of 1.42 and a debt-to-equity ratio of 1.00. The company has a market capitalization of $2.87 billion, a PE ratio of 20.60 and a beta of 1.09.

Crane NXT (NYSE:CXT - Get Free Report) last announced its quarterly earnings data 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 return on equity of 19.87% and a net margin of 7.78%.The company had revenue of $493.20 million during 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 revenue for the quarter 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. Equities research analysts anticipate that Crane NXT, Co. will post 4.27 earnings per share for the current fiscal year.

Crane NXT Dividend Announcement

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 $0.18 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $0.72 annualized dividend and a dividend yield of 1.4%. Crane NXT's dividend payout ratio is presently 29.75%.

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.

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