Fund Update: New $93.1M $CXT stock position opened by DEPRINCE RACE & ZOLLO INC

Crane NXT (CXT) appointed Jason Lund as President of Crane Payment Innovations and Group President of its Detection and Traceability Technologies segment. The stock trades at $50.20, with a 90-day return of 23.07% but a 1-year return of -18.55%. Analysts suggest it may be 25% undervalued at $66.83, citing growth potential in authentication and cybersecurity, though digital payment shifts and acquisition risks remain.

Crane NXT (CXT) reported Q2 2026 net sales of $493.2M, up 22% year over year, and adjusted EPS of $1.10, up 13.4%. Adjusted EBITDA was $115.5M (23.4% margin). Management cited Antares Vision acquisition contributions and organic growth, record SAT backlog, and raised full-year adjusted EPS guidance to $4.22-$4.42.

Crane NXT (NYSE:CXT) reported Q2 SAT sales of $227 million, up about 17% Y/Y, with adjusted EBITDA of $59 million and a 26% margin. Management expects full-year SAT sales growth of high-single-digit to low-double-digit and mid-teens authentication EBITDA margin by 2026. DTT sales rose 26% to $267 million. Net leverage was ~2.7x.

Crane NXT (NYSE:CXT) reported Q2 CY2026 revenue of $493.2 million, up 22% year on year and in line with Wall Street estimates, according to the company. Non-GAAP EPS was $1.10, 6.3% above consensus. Crane NXT raised full-year Adjusted EPS guidance to $4.22 to $4.42.

Crane NXT, Co. (CXT) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 exhibit991-pressreleasexq2.htm EX-99.1 Document Exhibit 99.1 Contact: Matt Roache Vice President, Investor Relations +1-781-864-4730 matthew.roache@cranenxt.com Crane NXT Reports Second Quarter 2026 Results Delivers Sales Growth of 22%; Raises Full Year Adjusted EPS Gui

Baron Capital's Q2 13F filing reveals a $24.9 billion stake in SpaceX (SPCX), making it 37.38% of its $66.64 billion portfolio. SPCX closed at $136.97, below Baron's average cost of $170.86. SpaceX reported Q2 2026 revenue of $7.8 billion, a 92% YOY increase, and adjusted EBITDA of $3.5 billion, up 191%. Baron's long-term strategy focuses on growth potential, despite short-term volatility and valuation concerns.