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
Sector
Industry (SIC)
Former names
CRANE CO /DE/, Crane Holdings, Co.
SEC CIK
Corporate docs
Subsidiaries
"CPI-Kiev" LLC • ARDAC Inc. • Armature d.o.o. • Automatic Products (UK) Ltd. • Barksdale GmbH • Barksdale, Inc. • CA-MC Acquisition UK Ltd. • Coin Controls International Ltd. • Coin Holdings Ltd. • Coin Industries Ltd. ...
IRS number
131952290
CXT stock data
Latest filings (excl ownership)
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
8-K
Crane NXT, Co. Reports Strong First Quarter 2023 Results and Raises Full-Year Outlook
10 May 23
ARS
2022 FY
Annual report to shareholders
21 Apr 23
DEFA14A
Additional proxy soliciting materials
21 Apr 23
DEF 14A
Definitive proxy
21 Apr 23
Transcripts
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
CXT
Earnings call transcript
2021 Q2
27 Jul 21
CXT
Earnings call transcript
2021 Q1
9 May 21
CXT
Earnings call transcript
2020 Q4
26 Jan 21
CXT
Earnings call transcript
2020 Q3
27 Oct 20
Latest ownership filings
4
JAMES L L TULLIS
7 Sep 23
4
Cristen L Kogl
25 Aug 23
4
DAVID D PETRATIS
27 Jul 23
3
DAVID D PETRATIS
27 Jul 23
4
Christina Cristiano
25 Jul 23
144
Notice of proposed sale of securities
26 May 23
144
Notice of proposed sale of securities
16 May 23
144/A
Notice of proposed sale of securities (amended)
16 May 23
144
Notice of proposed sale of securities
16 May 23
144/A
Notice of proposed sale of securities (amended)
16 May 23
Financial summary
| Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
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| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
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| 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) | 276.90 mm | 276.90 mm | 276.90 mm | 276.90 mm | 276.90 mm | 276.90 mm |
| Cash burn (monthly) | 77.77 mm | (no burn) | (no burn) | (no burn) | (no burn) | 14.81 mm |
| Cash used (since last report) | 222.19 mm | n/a | n/a | n/a | n/a | 42.31 mm |
| Cash remaining | 54.71 mm | n/a | n/a | n/a | n/a | 234.59 mm |
| Runway (months of cash) | 0.7 | n/a | n/a | n/a | n/a | 15.8 |
Institutional ownership, Q2 2023
75.3% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 318 |
| Opened positions | 68 |
| Closed positions | 95 |
| Increased positions | 106 |
| Reduced positions | 98 |
| 13F shares | Current |
|---|---|
| Total value | 2.40 tn |
| Total shares | 42.77 mm |
| Total puts | 25.10 k |
| Total calls | 53.50 k |
| Total put/call ratio | 0.5 |
| Largest owners | Shares | Value |
|---|---|---|
| FMR | 7.29 mm | $411.29 bn |
| Vanguard | 5.04 mm | $284.30 bn |
| BLK Blackrock | 4.02 mm | $226.83 bn |
| Alliancebernstein | 1.46 mm | $82.68 bn |
| STT State Street | 1.36 mm | $76.85 bn |
| Victory Capital Management | 1.19 mm | $67.38 bn |
| Gamco Investors | 1.06 mm | $59.94 bn |
| Dimensional Fund Advisors | 790.63 k | $44.62 bn |
| Lord, Abbett & Co. | 743.48 k | $42.44 bn |
| Geode Capital Management | 708.11 k | $39.97 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 5 Sep 23 | Tullis James L L | COMMON STOCK | Gift | Dispose G | No | No | 0 | 330 | 0.00 | 4,910 |
| 24 Aug 23 | Kogl Cristen L | COMMON STOCK | Buy | Acquire P | No | No | 59.625 | 1,000 | 59.63 k | 1,000 |
| 25 Jul 23 | David D Petratis | Deferred Stock Units COMMON STOCK | Grant | Acquire A | No | No | 0 | 1,793 | 0.00 | 1,793 |
| 22 Jul 23 | Christina Cristiano | COMMON STOCK | Payment of exercise | Dispose F | No | No | 57.1 | 223 | 12.73 k | 1,540 |
| 22 Jul 23 | Christina Cristiano | COMMON STOCK | Option exercise | Acquire M | No | No | 0 | 435 | 0.00 | 1,763 |
| 22 Jul 23 | Christina Cristiano | Restricted Share Unit COMMON STOCK | Option exercise | Dispose M | No | No | 0 | 435 | 0.00 | 14,521 |
News
Reported Earlier, Xylem Announces Patrick Decker To Retire From CEO Position, Aligned With Growth Strategy And Next Steps In Value Creation; COO Matthew Pine To Assume CEO Position Effective Jan 1, 2024; William Grogan appointed CFO Effective Oct 1, 2023
5 Sep 23
Benzinga's Top Ratings Upgrades, Downgrades For August 29, 2023
29 Aug 23
UBS Initiates Coverage On Crane NXT with Neutral Rating, Announces Price Target of $65
29 Aug 23
Fox, Warner Music, Eli Lilly, Chegg And Other Big Stocks Moving Higher On Tuesday
8 Aug 23
Crane NXT Q2 EPS $1.12 Beats $0.92 Estimate
7 Aug 23
Press releases
Crane NXT, Co. Announces Participation in D.A. Davidson's 22nd Annual Diversified Industrials & Services Conference
12 Sep 23
Xylem Announces CEO Succession Aligned with Growth Strategy and Next Steps in Value Creation
5 Sep 23
Crane NXT, Co. Announces Appointment of Rima Hyder as Head of Investor Relations
29 Aug 23
Crane NXT, Co. Announces Strong Second Quarter Results and Raises 2023 Guidance
7 Aug 23
Crane NXT, Co. Announces Appointment of David D. Petratis to Board of Directors
27 Jul 23