Crane NXT (NYSE:CXT) Upgraded by Northland Securities to Outperform Rating

Posted by Francis Steltz on May 16th, 2026

Northland Securities upgraded shares of Crane NXT (NYSE:CXT – Free Report) from a market perform rating to an outperform rating in a research note issued to investors on Friday morning, MarketBeat.com reports. The brokerage currently has $52.00 price objective on the stock.

Other research analysts have also issued research reports about the stock. Weiss Ratings lowered shares of Crane NXT from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 4th. Robert W. Baird set a $67.00 target price on shares of Crane NXT in a research note on Friday, May 8th. Zacks Research raised shares of Crane NXT from a “strong sell” rating to a “hold” rating in a report on Tuesday. DA Davidson reissued a “buy” rating and issued a $85.00 price target on shares of Crane NXT in a report on Tuesday, February 17th. Finally, Oppenheimer reduced their price objective on shares of Crane NXT from $80.00 to $65.00 and set an “outperform” rating for the company in a report on Wednesday, April 15th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Crane NXT has an average rating of “Moderate Buy” and an average target price of $65.40.

View Our Latest Research Report on Crane NXT

Crane NXT Stock Down 3.9%

Shares of NYSE:CXT opened at $38.25 on Friday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.99 and a current ratio of 1.33. The company has a market cap of $2.20 billion, a PE ratio of 17.07 and a beta of 1.21. Crane NXT has a 52 week low of $38.19 and a 52 week high of $69.00. The firm has a 50 day simple moving average of $43.31 and a 200 day simple moving average of $49.98.

Crane NXT (NYSE:CXT – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.56 by $0.04. The business had revenue of $387.70 million during the quarter, compared to the consensus estimate of $378.63 million. Crane NXT had a net margin of 7.57% and a return on equity of 19.59%. The firm’s quarterly revenue was up 17.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.54 EPS. Crane NXT has set its FY 2026 guidance at 4.100-4.400 EPS. As a group, research analysts expect that Crane NXT will post 4.26 earnings per share for the current year.

Crane NXT Announces Dividend

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

Institutional Investors Weigh In On Crane NXT

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC grew its position in shares of Crane NXT by 141.6% during the 3rd quarter. Smartleaf Asset Management LLC now owns 389 shares of the company’s stock worth $25,000 after buying an additional 228 shares during the period. Camelot Portfolios LLC bought a new position in Crane NXT in the fourth quarter valued at approximately $25,000. Caitong International Asset Management Co. Ltd lifted its position in shares of Crane NXT by 4,458.3% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 547 shares of the company’s stock worth $26,000 after purchasing an additional 535 shares in the last quarter. Quent Capital LLC bought a new stake in shares of Crane NXT in the third quarter worth $28,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in Crane NXT during the third quarter worth $31,000. Institutional investors and hedge funds own 77.49% of the company’s stock.

About Crane NXT

(Get Free Report)

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.