ClearBridge Investments, an investment management company, released its “ClearBridge Small Cap Strategy” second quarter 2023 investor letter. A copy of the same can be downloaded here. The strategy outperformed the Russell 2000 Index in the second quarter. On an absolute basis, the strategy gained all 11 sectors it invested in during the quarter. IT and industrial […]
Crane NXT, Co. (NYSE:CXT – Get Free Report) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 1,850,000 shares, a growth of 22.5% from the August 15th total of 1,510,000 shares. Currently, 3.9% of the shares of the stock are […]
Crane NXT (NYSE:CXT – Get Free Report) is one of 173 publicly-traded companies in the “Specialty Industrial Machinery” industry, but how does it compare to its peers? We will compare Crane NXT to similar businesses based on the strength of its dividends, earnings, profitability, valuation, institutional ownership, analyst recommendations and risk. Institutional & Insider Ownership […]
UBS Group initiated coverage on shares of Crane NXT (NYSE:CXT – Free Report) in a research report sent to investors on Tuesday morning, MarketBeat Ratings reports. The brokerage issued a neutral rating and a $65.00 price objective on the stock. Several other brokerages also recently weighed in on CXT. DA Davidson raised their target price […]
Operator: Greetings, and welcome to the Crane NXT, Co. Second Quarter 2023 Earnings Conference Call [Operator Instructions]. And please note that this conference is being recorded.