Crane NXT, Co.
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Aaron W. Saak
- Full Time Employees
- 4,800
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- 950 Winter Street 4th FloorWaltham, 02451United States Waltham MA United States 02451
- IPO Date
- Oct 26, 1936
- CIK
- 0000025445
- Website
- cranenxt.com
- Similar Companies
- Business
- Crane NXT, Co. (NYSE:CXT) operates as an industrial technology company that provides trusted technologies and services to secure, detect, and authenticate critical assets for customers worldwide; its core offerings span payment innovations, security solutions, and authentication technologies through segments including Crane Payment Innovations (CPI), Security and Authentication Technologies (SAT), and specialized units such as Crane Currency, Crane Authentication, and Nippon Conlux. CPI delivers electronic equipment, software, detection and sensing technologies for payment transaction verification and authentication, advanced automation and processing systems, field service solutions, remote diagnostics, productivity software, cloud-based machine management platforms with real-time monitoring, consumer analytics, and proprietary advertising networks primarily for retail, vending, gaming, and transportation markets. SAT provides proprietary micro-optic technologies for brand protection against counterfeiting, advanced image recognition software analyzing millions of data points across proprietary algorithms for high-security detection, secure banknote production with engaging visual effects for central banks, coin and currency validation systems with connectivity solutions for Japanese retail, transport, and amusement sectors, as well as solutions for consumer goods, industrial products, identities, revenues, and compliance across global business and government clients. The company, tracing origins to 1855 and incorporated in 2021 before spinning off from Crane Company in April 2023 to focus on these businesses, maintains headquarters in Waltham, Massachusetts, employs approximately 5,000 associates, and serves diverse industries including banking, retail, transportation, life sciences, food and beverage, and government sectors with operations spanning North America, Europe, Asia, and other regions. Recent developments include the April 2025 completion of the De La Rue Authentication Solutions acquisition to bolster SAT capabilities and the creation of the Crane Authentication business unit integrating OpSec and these assets for enhanced security design and value creation; in September 2025, Crane NXT announced agreements to acquire approximately 30% of Antares Vision S.p.A. for €120 million with plans for full ownership at an enterprise value of €445 million, expected to close in the first half of 2026, expanding inspection, detection, and track-and-trace technologies into life sciences and food sectors; the company also raised its full-year 2025 sales growth guidance to 9-11% amid strong demand in core and acquired markets.
Company News
Crane NXT Announces Dates for Third Quarter 2026 Earnings Release and Earnings Call
All You Need to Know About Crane NXT (CXT) Rating Upgrade to Buy
Wall Street Analysts See a 34.44% Upside in Crane NXT (CXT): Can the Stock Really Move This High?
Has Crane NXT, Co. (CXT) Outpaced Other Business Services Stocks This Year?
Crane NXT Appoints Jeong H. Kim to Board of Directors
Crane NXT (NYSE:CXT) Shares Sold by Rep. Kevin Hern
Crane NXT (NYSE:CXT) Shares Gap Up – Time to Buy?
Crane NXT to Participate in the 2026 Jefferies Global Industrial Conference
Callan Family Office LLC Purchases Shares of 22,505 Crane NXT, Co. $CXT
Crane NXT Announces Appointment of Jason Lund as President of Crane Payment Innovations and Group President of the Detection and Traceability Technologies Segment
Crane NXT, Co. $CXT Shares Purchased by Bank of America Corp DE
Wall Street Analysts Think Crane NXT (CXT) Could Surge 25.63%: Read This Before Placing a Bet
Crane NXT Q2 Earnings Call Highlights
Crane NXT, Co. (CXT) Q2 2026 Earnings Call Transcript
Crane $CR Shares Acquired by Amundi
Crane NXT Reports Second Quarter 2026 Results
Crane NXT to Participate in the Oppenheimer 29th Annual Technology, Internet & Communications Conference
Crane NXT, Co. $CXT Stock Holdings Boosted by Gabelli Funds LLC
Crane NXT Announces Dates for Second Quarter 2026 Earnings Release and Earnings Call
Crane NXT Q1 Earnings Call Highlights