Crane NXT is a premier industrial technology company that provides trusted technology solutions to secure, detect, and authenticate what matters most to its customers. Crane NXT is a pioneer in advanced micro-optics technology for securing physical products, and its sophisticated electronic equipment and associated software leverages proprietary core capabilities with detection and sensing technologies. Crane NXT has approximately 4,000 employees with global operations and manufacturing facilities in the United States, the United Kingdom, Mexico, Japan, Switzerland, Germany, Sweden, and Malta. For more information, visit www.cranenxt.com.
Company profile
Ticker
CXT, CXT-WI
Exchange
Website
CEO
Max Mitchell
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
CRANE CO /DE/, Crane Holdings, Co.
SEC CIK
Corporate docs
Subsidiaries
Automatic Products (UK) Limited • CA-MC Acquisition UK Ltd. • Coin Controls International Ltd. • Coin Holdings Ltd. • Coin Industries Ltd. • Coin Overseas Holdings Ltd. • Coin Pension Trustees Ltd. • Crane & Co., Inc. • Crane AB • Crane Currency Malta Holding Limited ...
IRS number
131952290
CXT stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
22 Feb 24
8-K
Results of Operations and Financial Condition
14 Feb 24
10-Q
2023 Q3
Quarterly report
6 Nov 23
8-K
Crane NXT, Co. Announces Strong Third Quarter Results; Narrows Full Year Guidance
6 Nov 23
10-Q
2023 Q2
Quarterly report
7 Aug 23
8-K
Crane NXT, Co. Announces Strong Second Quarter Results and Raises 2023 Guidance
7 Aug 23
8-K
Crane NXT, Co. Announces Appointment of David D. Petratis to Board of Directors
31 Jul 23
8-K
Submission of Matters to a Vote of Security Holders
7 Jun 23
SD
Conflict minerals disclosure
30 May 23
10-Q
2023 Q1
Quarterly report
10 May 23
Transcripts
CXT
Earnings call transcript
2023 Q4
15 Feb 24
CXT
Earnings call transcript
2023 Q3
7 Nov 23
CXT
Earnings call transcript
2023 Q2
8 Aug 23
CXT
Earnings call transcript
2023 Q1
11 May 23
CXT
Earnings call transcript
2022 Q4
24 Jan 23
CXT
Earnings call transcript
2022 Q3
25 Oct 22
CXT
Earnings call transcript
2022 Q2
26 Jul 22
CXT
Earnings call transcript
2022 Q1
26 Apr 22
CXT
Earnings call transcript
2021 Q4
25 Jan 22
CXT
Earnings call transcript
2021 Q3
26 Oct 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 229.00 mm | 229.00 mm | 229.00 mm | 229.00 mm | 229.00 mm | 229.00 mm |
Cash burn (monthly) | 15.97 mm | (no burn) | (no burn) | (no burn) | (no burn) | 15.39 mm |
Cash used (since last report) | 95.23 mm | n/a | n/a | n/a | n/a | 91.80 mm |
Cash remaining | 133.77 mm | n/a | n/a | n/a | n/a | 137.20 mm |
Runway (months of cash) | 8.4 | n/a | n/a | n/a | n/a | 8.9 |
Institutional ownership, Q3 2023
74.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 333 |
Opened positions | 59 |
Closed positions | 44 |
Increased positions | 95 |
Reduced positions | 117 |
13F shares | Current |
---|---|
Total value | 2.35 tn |
Total shares | 42.45 mm |
Total puts | 21.80 k |
Total calls | 44.40 k |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
FMR | 7.24 mm | $402.53 bn |
Vanguard | 5.52 mm | $306.52 bn |
BLK Blackrock | 4.10 mm | $227.97 bn |
Alliancebernstein | 1.41 mm | $78.27 bn |
STT State Street | 1.36 mm | $75.41 bn |
Victory Capital Management | 1.19 mm | $65.92 bn |
Dimensional Fund Advisors | 897.48 k | $49.87 bn |
Geode Capital Management | 721.23 k | $40.09 bn |
Lord, Abbett & Co. | 715.29 k | $40.20 bn |
Fuller & Thaler Asset Management | 653.70 k | $36.33 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
20 Mar 24 | Paul Gerard Igoe | COMMON STOCK | Payment of exercise | Dispose F | No | No | 60.34 | 1,438 | 86.77 k | 3,301 |
20 Mar 24 | Paul Gerard Igoe | COMMON STOCK | Option exercise | Acquire M | No | No | 0 | 4,739 | 0.00 | 4,739 |
20 Mar 24 | Paul Gerard Igoe | Restricted Share Unit COMMON STOCK | Option exercise | Dispose M | No | No | 0 | 4,739 | 0.00 | 17,671 |
28 Feb 24 | Paul Gerard Igoe | Restricted Share Unit COMMON STOCK | Grant | Acquire A | No | No | 0 | 3,448 | 0.00 | 22,410 |
28 Feb 24 | Paul Gerard Igoe | Employee Stock Option COMMON STOCK | Grant | Acquire A | No | No | 58 | 8,193 | 475.19 k | 8,193 |
28 Feb 24 | Paul Gerard Igoe | 2024 Performance-Based Restricted Share Unit COMMON STOCK | Grant | Acquire A | No | No | 0 | 6,897 | 0.00 | 6,897 |
28 Feb 24 | Aaron W Saak | Restricted Share Unit COMMON STOCK | Grant | Acquire A | No | No | 0 | 15,517 | 0.00 | 73,961 |
28 Feb 24 | Aaron W Saak | Employee Stock Option COMMON STOCK | Grant | Acquire A | No | No | 58 | 46,088 | 2.67 mm | 46,088 |
28 Feb 24 | Aaron W Saak | 2024 Performance-Based Restricted Share Unit COMMON STOCK | Grant | Acquire A | No | No | 0 | 42,672 | 0.00 | 42,672 |
28 Feb 24 | Christina Cristiano | Restricted Share Unit COMMON STOCK | Grant | Acquire A | No | No | 0 | 4,095 | 0.00 | 18,116 |
News
DA Davidson Maintains Buy on Crane NXT, Raises Price Target to $100
18 Mar 24
DA Davidson Maintains Buy on Crane NXT, Maintains $80 Price Target
12 Mar 24
DA Davidson Reiterates Buy on Crane NXT, Maintains $80 Price Target
4 Mar 24
Crane NXT Q4 2023 Adj EPS $0.99 Beats $0.93 Estimate, Sales $356.90M Beat $341.42M Estimate
14 Feb 24
Earnings Scheduled For February 14, 2024
14 Feb 24
Press releases
Crane NXT to Acquire OpSec Security, a Global Leader in Brand Protection and Authentication Solutions
11 Mar 24
Crane NXT, Co. Announces Appointment of Hans Lidforss as Senior Vice President of Strategy
28 Feb 24
Crane NXT, Co. Announces Strong Fourth Quarter and Full Year 2023 Results, Raises Annual Dividend by 14%
14 Feb 24
Crane NXT, Co. Announces Participation in CJS Securities Conference
4 Jan 24