DA Davidson Forecasts Crane NXT’s FY2026 Earnings (NYSE:CXT)

Crane NXT, Co. (NYSE:CXT) – Equities research analysts at DA Davidson issued their FY2026 earnings per share (EPS) estimates for shares of Crane NXT in a research report 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.

CXT has been the topic of a number of other research reports. Northland Capmk cut Crane NXT from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Northland Securities cut Crane NXT from an “outperform” rating to a “market perform” rating and set a $72.00 price target for the company. in a report on Tuesday. Finally, Robert W. Baird raised their price objective on Crane NXT from $77.00 to $78.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Two analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $83.33.

Crane NXT Stock Performance

Shares of NYSE CXT opened at $59.24 on Friday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.88 and a current ratio of 1.14. The stock has a 50 day moving average price of $60.98 and a 200 day moving average price of $58.58. The stock has a market capitalization of $3.39 billion, a PE ratio of 18.57 and a beta of 1.36. Crane NXT has a 52 week low of $52.89 and a 52 week high of $67.00.

Crane NXT (NYSE:CXT) last issued its quarterly earnings results on Wednesday, February 12th. The company reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.19 by $0.01. Crane NXT had a net margin of 12.38% and a return on equity of 24.08%.

Crane NXT Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Friday, February 28th will be paid a $0.17 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.68 dividend on an annualized basis and a yield of 1.15%. This is a positive change from Crane NXT’s previous quarterly dividend of $0.16. Crane NXT’s dividend payout ratio is 20.06%.

Institutional Investors Weigh In On Crane NXT

Hedge funds have recently bought and sold shares of the stock. Deutsche Bank AG boosted its position in shares of Crane NXT by 3.0% in the fourth quarter. Deutsche Bank AG now owns 5,831 shares of the company’s stock valued at $339,000 after acquiring an additional 168 shares during the period. Covestor Ltd raised its stake in Crane NXT by 38.6% in the 4th quarter. Covestor Ltd now owns 739 shares of the company’s stock worth $43,000 after purchasing an additional 206 shares in the last quarter. Atria Investments Inc boosted its holdings in Crane NXT by 6.0% in the 3rd quarter. Atria Investments Inc now owns 3,700 shares of the company’s stock valued at $208,000 after purchasing an additional 208 shares during the period. Amalgamated Bank grew its position in shares of Crane NXT by 1.0% during the 4th quarter. Amalgamated Bank now owns 22,950 shares of the company’s stock worth $1,336,000 after purchasing an additional 233 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. increased its stake in Crane NXT by 1.9% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 12,923 shares of the company’s stock worth $725,000 after acquiring an additional 245 shares during the period. 77.49% of the stock is currently owned by institutional investors and hedge funds.

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.