Carpenter Technology Corporation (NYSE:CRS) Receives $371.14 Consensus PT from Analysts

Carpenter Technology Corporation (NYSE:CRS) has been assigned a consensus recommendation of “Moderate Buy” from the eleven research firms that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is $371.1429.

A number of equities analysts recently commented on CRS shares. Jones Trading started coverage on Carpenter Technology in a report on Wednesday, October 22nd. They set a “buy” rating and a $400.00 target price for the company. Zacks Research cut shares of Carpenter Technology from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 1st. BTIG Research raised their price objective on shares of Carpenter Technology from $305.00 to $365.00 and gave the company a “buy” rating in a research note on Monday, October 27th. Weiss Ratings restated a “buy (b)” rating on shares of Carpenter Technology in a report on Thursday, October 30th. Finally, JPMorgan Chase & Co. increased their target price on shares of Carpenter Technology from $305.00 to $388.00 and gave the stock an “overweight” rating in a report on Wednesday, October 29th.

Carpenter Technology Stock Up 1.8%

Carpenter Technology stock opened at $327.26 on Wednesday. The company has a market capitalization of $16.30 billion, a PE ratio of 40.01, a price-to-earnings-growth ratio of 1.37 and a beta of 1.31. The company has a debt-to-equity ratio of 0.36, a quick ratio of 2.37 and a current ratio of 4.44. Carpenter Technology has a fifty-two week low of $138.61 and a fifty-two week high of $342.11. The firm has a 50 day moving average price of $305.16 and a 200 day moving average price of $272.97.

Carpenter Technology (NYSE:CRS) last released its quarterly earnings results on Thursday, October 23rd. The basic materials company reported $2.43 EPS for the quarter, topping the consensus estimate of $2.13 by $0.30. Carpenter Technology had a return on equity of 22.68% and a net margin of 14.30%.The business had revenue of $733.70 million during the quarter, compared to analyst estimates of $741.18 million. During the same period last year, the business posted $1.73 earnings per share. The company’s quarterly revenue was up 2.2% on a year-over-year basis. Research analysts expect that Carpenter Technology will post 6.83 earnings per share for the current year.

Carpenter Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 4th. Stockholders of record on Tuesday, October 21st were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Tuesday, October 21st. Carpenter Technology’s dividend payout ratio (DPR) is presently 9.78%.

Insiders Place Their Bets

In related news, COO Brian J. Malloy sold 43,688 shares of the business’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $304.45, for a total transaction of $13,300,811.60. Following the completion of the transaction, the chief operating officer directly owned 78,875 shares of the company’s stock, valued at $24,013,493.75. The trade was a 35.65% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Elizabeth A. Socci sold 3,900 shares of the stock in a transaction dated Wednesday, November 26th. The shares were sold at an average price of $321.25, for a total value of $1,252,875.00. Following the completion of the sale, the vice president directly owned 9,594 shares in the company, valued at $3,082,072.50. This represents a 28.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 79,358 shares of company stock valued at $24,254,008. 2.90% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in CRS. Geneos Wealth Management Inc. purchased a new stake in shares of Carpenter Technology in the 2nd quarter valued at approximately $28,000. Rise Advisors LLC acquired a new position in shares of Carpenter Technology during the first quarter worth $31,000. Root Financial Partners LLC acquired a new position in shares of Carpenter Technology during the third quarter worth $41,000. MassMutual Private Wealth & Trust FSB increased its holdings in Carpenter Technology by 54.1% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 171 shares of the basic materials company’s stock valued at $42,000 after buying an additional 60 shares during the last quarter. Finally, Headlands Technologies LLC acquired a new stake in Carpenter Technology in the second quarter valued at $43,000. Hedge funds and other institutional investors own 92.03% of the company’s stock.

More Carpenter Technology News

Here are the key news stories impacting Carpenter Technology this week:

• Positive Sentiment: Zacks Research raised multiple near‑ and longer‑term EPS forecasts for CRS (small bumps to Q4‑2026, Q1/Q3/Q4‑2027 and FY‑2026/2027/2028, including FY‑2028 to $13.92). The upward revisions — though modest — signal analysts see slightly stronger earnings momentum, which is a likely catalyst supporting the stock move today.
• Neutral Sentiment: Zacks kept a “Hold” rating on CRS despite the estimate increases, so while revisions are supportive, the firm is not yet turning bullish; the magnitude of the changes is small and may limit sustained upside absent company-level catalysts.
• Neutral Sentiment: A consumer/retail piece showing how a $1,000 investment in Carpenter performed over the past 10 years could attract additional investor interest and flows, particularly from long‑term retail buyers, but it’s more of a sentiment/visibility boost than a fresh fundamental driver. Here’s How Much a $1000 Investment in Carpenter Technology Made 10 Years Ago Would Be Worth Today

Carpenter Technology Company Profile

Carpenter Technology Corporation engages in the manufacture, fabrication, and distribution of specialty metals in the United States, Europe, the Asia Pacific, Mexico, Canada, and internationally. It operates in two segments, Specialty Alloys Operations and Performance Engineered Products. The company offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as additives, and metal powders and parts. It serves to aerospace, defense, medical, transportation, energy, industrial, and consumer markets.