Oppenheimer Asset Management Inc. Takes Position in Crane NXT, Co. $CXT

Posted by Stanley Muller on Aug 16th, 2026

Oppenheimer Asset Management Inc. acquired a new stake in shares of Crane NXT, Co. (NYSE:CXT – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 54,696 shares of the company’s stock, valued at approximately $2,798,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Walleye Capital LLC acquired a new position in Crane NXT in the 2nd quarter worth about $1,066,000. Bank of America Corp DE raised its position in Crane NXT by 38.7% in the first quarter. Bank of America Corp DE now owns 449,024 shares of the company’s stock valued at $18,226,000 after purchasing an additional 125,207 shares during the last quarter. California State Teachers Retirement System boosted its stake in shares of Crane NXT by 22.3% during the first quarter. California State Teachers Retirement System now owns 60,503 shares of the company’s stock valued at $2,456,000 after purchasing an additional 11,012 shares in the last quarter. Maverick Capital Ltd. acquired a new stake in shares of Crane NXT during the first quarter valued at about $897,000. Finally, Entropy Technologies LP acquired a new stake in shares of Crane NXT during the first quarter valued at about $763,000. Institutional investors own 77.49% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Crane NXT in a research note on Friday, July 31st. Northland Securities set a $65.00 target price on shares of Crane NXT in a research report on Monday, August 10th. Robert W. Baird set a $68.00 target price on shares of Crane NXT in a report on Friday, August 7th. Finally, Zacks Research raised shares of Crane NXT from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 12th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $68.20.

Get Our Latest Analysis on Crane NXT

Crane NXT Stock Up 0.6%

Shares of NYSE:CXT opened at $51.76 on Friday. The firm has a market cap of $2.98 billion, a P/E ratio of 21.39 and a beta of 1.09. The company has a quick ratio of 1.07, a current ratio of 1.42 and a debt-to-equity ratio of 1.00. Crane NXT, Co. has a 12-month low of $35.71 and a 12-month high of $69.00. The business has a fifty day simple moving average of $49.40 and a 200 day simple moving average of $46.55.

Crane NXT (NYSE:CXT – Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported $1.10 EPS for the quarter, topping 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 firm had revenue of $493.20 million for the quarter, compared to the consensus estimate of $475.62 million. During the same period in the previous year, the business earned $0.97 EPS. The business’s quarterly revenue 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. Analysts predict that Crane NXT, Co. will post 4.27 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, September 9th. Investors of record on Monday, August 31st will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Monday, August 31st. Crane NXT’s payout ratio is currently 29.75%.

Crane NXT Company Profile

(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.