Crane NXT is a premier industrial technology company that provides proprietary and trusted technology solutions to secure, detect, and authenticate what matters most to its customers. The company is a pioneer in advanced, 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. We are comprised of two reporting segments: Crane Payment Innovations (“CPI”) and Crane Currency.
Company profile
Ticker
CXT
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-Q
2024 Q2
Quarterly report
7 Aug 24
8-K
Crane NXT, Co. Reports Second Quarter 2024 Results
7 Aug 24
8-K
Crane NXT, Co. Announces Appointment of Michael Mahan as President of Crane Payment Innovations
20 Jun 24
8-K
Submission of Matters to a Vote of Security Holders
30 May 24
SD
Conflict minerals disclosure
22 May 24
10-Q
2024 Q1
Quarterly report
8 May 24
8-K
Crane NXT, Co. Reports First Quarter Results
8 May 24
ARS
2023 FY
Annual report to shareholders
11 Apr 24
DEFA14A
Additional proxy soliciting materials
11 Apr 24
DEF 14A
Definitive proxy
11 Apr 24
Transcripts
CXT
Earnings call transcript
2024 Q1
9 May 24
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 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
Latest ownership filings
4
Kurt F. Gallo
27 Aug 24
4
Kurt F. Gallo
23 Aug 24
4
Kurt F. Gallo
19 Aug 24
144
Notice of proposed sale of securities
16 Aug 24
3
Susan D Lynch
5 Aug 24
4
Samuel Keayes
30 Jul 24
11-K
Annual report of employee stock purchases
21 Jun 24
4
MICHAEL DINKINS
28 May 24
4
William K Grogan
28 May 24
4
Sandra Joyce
28 May 24
Financial summary
| Quarter (USD) | Jun 24 | Mar 24 | Dec 23 | Sep 23 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
|---|---|---|---|---|---|
| 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) | 183.10 mm | 183.10 mm | 183.10 mm | 183.10 mm | 183.10 mm | 183.10 mm |
| Cash burn (monthly) | 14.60 mm | 7.82 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 33.39 mm | 17.87 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 149.71 mm | 165.23 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 10.3 | 21.1 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2024
84.2% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 346 |
| Opened positions | 44 |
| Closed positions | 47 |
| Increased positions | 107 |
| Reduced positions | 117 |
| 13F shares | Current |
|---|---|
| Total value | 2.80 tn |
| Total shares | 48.12 mm |
| Total puts | 2.70 k |
| Total calls | 54.90 k |
| Total put/call ratio | 0.0 |
| Largest owners | Shares | Value |
|---|---|---|
| FMR | 8.39 mm | $515.21 bn |
| Vanguard | 5.65 mm | $346.74 bn |
| BLK BlackRock | 4.19 mm | $257.57 bn |
| Wellington Management | 3.11 mm | $191.27 bn |
| STT State Street | 1.42 mm | $87.31 bn |
| Victory Capital Management | 1.19 mm | $72.79 bn |
| Pacer Advisors | 1.14 mm | $69.72 bn |
| Dimensional Fund Advisors | 1.08 mm | $66.63 bn |
| Geode Capital Management | 940.33 k | $57.77 bn |
| IVZ Invesco | 740.13 k | $45.46 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 23 Aug 24 | Gallo Kurt F. | COMMON STOCK | Sell | Dispose S | No | No | 58.21 | 30,299 | 1.76 mm | 0 |
| 23 Aug 24 | Gallo Kurt F. | COMMON STOCK | Option exercise | Acquire M | No | No | 44.94 | 956 | 42.96 k | 30,299 |
| 23 Aug 24 | Gallo Kurt F. | COMMON STOCK | Option exercise | Acquire M | No | No | 38.19 | 1,250 | 47.74 k | 29,343 |
| 23 Aug 24 | Gallo Kurt F. | COMMON STOCK | Option exercise | Acquire M | No | No | 29.5 | 3,233 | 95.37 k | 28,093 |
| 23 Aug 24 | Gallo Kurt F. | COMMON STOCK | Option exercise | Acquire M | No | No | 31.38 | 3,560 | 111.71 k | 24,860 |
| 23 Aug 24 | Gallo Kurt F. | COMMON STOCK | Option exercise | Acquire M | No | No | 29.71 | 9,975 | 296.36 k | 21,300 |
| 23 Aug 24 | Gallo Kurt F. | COMMON STOCK | Option exercise | Acquire M | No | No | 27.74 | 11,325 | 314.16 k | 11,325 |
| 23 Aug 24 | Gallo Kurt F. | Employee Stock Option COMMON STOCK | Option exercise | Dispose M | No | No | 44.94 | 956 | 42.96 k | 2,870 |
| 23 Aug 24 | Gallo Kurt F. | Employee Stock Option COMMON STOCK | Option exercise | Dispose M | No | No | 38.19 | 1,250 | 47.74 k | 2,499 |
| 23 Aug 24 | Gallo Kurt F. | Employee Stock Option COMMON STOCK | Option exercise | Dispose M | No | No | 29.5 | 3,233 | 95.37 k | 1,952 |