Northland Securities Comments on Crane NXT Q2 Earnings

Crane NXT, Co. (NYSE:CXT) – Investment analysts at Northland Securities issued their Q2 2026 earnings per share estimates for shares of Crane NXT in a note issued to investors on Friday, May 15th. Northland Securities analyst B. Brooks forecasts that the company will earn $1.05 per share for the quarter. Northland Securities has a “Outperform” rating and a $52.00 price objective on the stock. The consensus estimate for Crane NXT’s current full-year earnings is $4.26 per share. Northland Securities also issued estimates for Crane NXT’s Q3 2026 earnings at $1.23 EPS, Q4 2026 earnings at $1.25 EPS and FY2026 earnings at $4.13 EPS.

Crane NXT (NYSE:CXT) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.56 by $0.04. The company had revenue of $387.70 million for the quarter, compared to the consensus estimate of $378.63 million. Crane NXT had a return on equity of 19.59% and a net margin of 7.57%.Crane NXT’s quarterly revenue was up 17.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.54 EPS. Crane NXT has set its FY 2026 guidance at 4.100-4.400 EPS.

Other equities analysts also recently issued research reports about the company. Oppenheimer dropped their price target on Crane NXT from $80.00 to $65.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 15th. DA Davidson reissued a “buy” rating and set a $85.00 price target on shares of Crane NXT in a research report on Tuesday, February 17th. Zacks Research raised Crane NXT from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 12th. UBS Group set a $58.00 price target on Crane NXT in a research report on Friday, February 13th. Finally, Weiss Ratings cut Crane NXT from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $65.40.

Crane NXT Price Performance

CXT opened at $38.36 on Tuesday. Crane NXT has a 12-month low of $38.19 and a 12-month high of $69.00. The company has a current ratio of 1.33, a quick ratio of 0.99 and a debt-to-equity ratio of 1.02. The business’s fifty day simple moving average is $43.12 and its 200-day simple moving average is $49.68. The company has a market capitalization of $2.21 billion, a price-to-earnings ratio of 17.13 and a beta of 1.21.

Crane NXT Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Sunday, May 31st will be paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Friday, May 29th. Crane NXT’s dividend payout ratio is 32.14%.

Institutional Investors Weigh In On Crane NXT

A number of hedge funds have recently made changes to their positions in CXT. Jones Financial Companies Lllp lifted its stake in shares of Crane NXT by 120.3% during the 1st quarter. Jones Financial Companies Lllp now owns 716 shares of the company’s stock worth $37,000 after purchasing an additional 391 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of 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 raised its stake in Crane NXT by 89.0% in the first quarter. Jane Street Group LLC now owns 52,113 shares of the company’s stock valued at $2,679,000 after buying an additional 24,540 shares during the last quarter. Prudential Financial Inc. raised its stake in Crane NXT by 24.0% in the second quarter. Prudential Financial Inc. now owns 5,514 shares of the company’s stock valued at $297,000 after buying an additional 1,069 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in Crane NXT in the second quarter valued at about $511,000. 77.49% of the stock is currently owned by hedge funds and other institutional investors.

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. The Crane Currency segment provides advanced security solutions based on proprietary technology for securing physical products, including banknotes, consumer goods, and industrial products.