<div id="readability-page-1"><p>Boston Partners lifted its stake in shares of  Crane NXT, Co. (NYSE:CXT - Free Report) by 183.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 79,601 shares of the company's stock after acquiring an additional 51,539 shares during the quarter. Boston Partners owned about 0.14% of Crane NXT worth $4,290,000 at the end of the most recent reporting period.</p><ul><li>Crane Stock Soars, But the Best Could Be Yet to Come: Here's Why</li></ul><p>Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CXT. AlphaQuest LLC acquired a new stake in shares of  Crane NXT during the 2nd quarter valued at $25,000.  Jones Financial Companies Lllp raised its position in shares of  Crane NXT by 120.3% during the first 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 period.  Hantz Financial Services Inc. lifted its holdings in shares of  Crane NXT by 9,087.5% during the second quarter. Hantz Financial Services Inc. now owns 735 shares of the company's stock valued at $40,000 after purchasing an additional 727 shares during the last quarter.  GAMMA Investing LLC lifted its holdings in shares of  Crane NXT by 14.1% during the second quarter. GAMMA Investing LLC now owns 2,974 shares of the company's stock valued at $160,000 after purchasing an additional 368 shares during the last quarter.  Finally, JB Capital LLC acquired a new position in shares of  Crane NXT in the 2nd quarter valued at $204,000. Institutional investors own  77.49% of the company's stock. </p><h2>Crane NXT Stock Up 0.1%</h2><p>Shares of Crane NXT stock opened at $56.30 on Friday. Crane NXT, Co. has a 12-month low of $41.54 and a 12-month high of $69.00. The company has a quick ratio of 0.89, a current ratio of 1.20 and a debt-to-equity ratio of 0.73. The stock has a 50 day moving average price of $62.93 and a two-hundred day moving average price of $59.29. The stock has a market capitalization of $3.23 billion, a P/E ratio of 21.49 and a beta of 1.37. </p><ul><li>Crane can fly to new highs in 2024</li></ul><p>Crane NXT (NYSE:CXT - Get Free Report) last announced its earnings results on Wednesday, June 1st. The company reported $1.81 earnings per share for the quarter. Crane NXT had a return on equity of 20.22% and a net margin of 9.84%.The firm had revenue of $871.50 million during the quarter.  Equities analysts expect that  Crane NXT, Co. will post 4.16 earnings per share for the current year. </p><h2>Crane NXT Announces Dividend</h2><p>The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Friday, November 28th will be paid a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Friday, November 28th. Crane NXT's payout ratio is currently 25.37%. </p><h2>Wall Street Analyst Weigh In</h2><p>Several equities research analysts recently commented on CXT shares. Weiss Ratings  restated a &#34;hold (c+)&#34; rating on shares of Crane NXT in a research report on Wednesday, October 8th. DA Davidson  restated a &#34;buy&#34; rating and issued a $85.00 target price on shares of Crane NXT in a report on Tuesday, September 23rd. Finally, Oppenheimer raised their target price on Crane NXT from $70.00 to $80.00 and gave the stock an &#34;outperform&#34; rating in a research report on Wednesday, October 15th. Two research analysts have rated the stock with a Buy rating and four have issued  a Hold rating to the company's stock. According to data from MarketBeat.com, Crane NXT currently has an average rating of &#34;Hold&#34; and a consensus price target of $74.25.</p><p><b>View Our Latest Analysis on Crane NXT</b></p><h2>About Crane NXT</h2> (Free Report)<p>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.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Crane NXT</li><li>Best Stocks Under $10.00 </li><li>Meta Platforms May Ditch NVIDIA Chips—Here’s Why Investors Care</li><li>Stock Sentiment Analysis: How it Works</li><li>SoFi Technologies: From Fintech Speculation to Profit Engine</li><li>Dividend Screener: How to Evaluate Dividend Stocks Before Buying</li><li>Gold to $5,000? What Bank of America and UBS Have to Say</li></ul><p><strong>Want to see what other hedge funds are holding CXT?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Crane NXT, Co. (NYSE:CXT - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNYVA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNYVA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Crane NXT Right Now?</h2><p>Before you consider Crane NXT, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Crane NXT wasn't on the list.</p><p>While Crane NXT currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Boston Partners increased its stake in Crane NXT, Co. by 183.7% in Q2, owning 79,601 shares worth $4.29 million. Institutional investors hold 77.49% of Crane NXT's stock. Analysts have mixed ratings, with a consensus price target of $74.25. Crane NXT announced a quarterly dividend of $0.17 per share, payable on December 10th. The company operates in industrial technology, providing solutions for asset security and authentication.</p>

Crane NXT, Co. $CXT Shares Acquired by Boston Partners