Crane NXT (CXT)

• Market cap: $3.64B
• 1 day: 0.46%
• 5 days: 4.24%
• 1 month: 8.66%
• 3 months: 10.01%
• 6 months: 5.41%
• Year to date: 8.68%
• 1 year: 16.00%
• 5 years: -42.79%
• 10 years: -42.79%
• Sector: Consumer Discretionary
• Industry: Miscellaneous Fabricated Metal Products

About: Crane NXT Co is a industrial technology company that provides proprietary and trusted technology solutions to secure, detect, and authenticate what matters to its customers. It is a pioneer in proprietary micro-optics technology for securing physical products, and its sophisticated electronic equipment and associated software leverages proprietary core capabilities with detection and sensing technologies. The company operates in two segments which are Crane Payment Innovations (CPI) and Crane Currency.

Employees: 4,000

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

237% more call options, than puts

Call options by funds: $701K | Put options by funds: $208K

20% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 44

1% more funds holding

Funds holding: 346 [Q2] → 350 (+4) [Q3]

4% less repeat investments, than reductions

Existing positions increased: 109 | Existing positions reduced: 114

4.28% less ownership

Funds ownership: 85.96% [Q2] → 81.69% (-4.28%) [Q3]

13% less capital invested

Capital invested by funds: $3.02B [Q2] → $2.62B (-$398M) [Q3]

100% less funds holding in top 10

Funds holding in top 10: 2 [Q2] → 0 (-2) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $78 22% upside
• Avg. target: $78 22% upside
• High target: $78 22% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Baird Michael Halloran 52% 1-year accuracy 15 / 29 met price target

22% upside $78

Outperform Maintained

8 Nov 2024