Crane NXT (NYSE:CXT – Get Free Report) was downgraded by research analysts at Northland Capmk from a “strong-buy” rating to a “hold” rating in a note issued to investors 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.
Other analysts also recently issued research reports about the stock. Northland Securities downgraded shares of Crane NXT from an “outperform” rating to a “market perform” rating and set a $72.00 price target on the stock. in a report on Tuesday. Robert W. Baird upped their price target on shares of Crane NXT from $77.00 to $78.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $83.33.
Check Out Our Latest Report on CXT
Crane NXT Trading Down 0.9 %
Crane NXT (NYSE:CXT – Get Free Report) last announced 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 12.18% and a return on equity of 23.46%. On average, research analysts predict that Crane NXT will post 4.26 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Crane NXT
Several institutional investors and hedge funds have recently modified their holdings of the company. Deutsche Bank AG lifted its stake in shares of Crane NXT by 3.0% during the fourth quarter. Deutsche Bank AG now owns 5,831 shares of the company’s stock valued at $339,000 after buying an additional 168 shares during the period. Covestor Ltd lifted its stake in shares of Crane NXT by 38.6% during the fourth quarter. Covestor Ltd now owns 739 shares of the company’s stock valued at $43,000 after buying an additional 206 shares during the period. Atria Investments Inc lifted its stake in shares of Crane NXT by 6.0% during the third quarter. Atria Investments Inc now owns 3,700 shares of the company’s stock valued at $208,000 after buying an additional 208 shares during the period. Amalgamated Bank raised its stake in Crane NXT by 1.0% during the fourth quarter. Amalgamated Bank now owns 22,950 shares of the company’s stock worth $1,336,000 after purchasing an additional 233 shares during the period. Finally, Oppenheimer Asset Management Inc. raised its stake in Crane NXT by 1.9% during the third quarter. Oppenheimer Asset Management Inc. now owns 12,923 shares of the company’s stock worth $725,000 after purchasing an additional 245 shares during the period. Hedge funds and other institutional investors own 77.49% of the company’s stock.
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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