Carpenter Technology Corp (CRS) Technical Analysis: Support, Resistance, Indicators & Moving Averages
This article provides a technical analysis of Carpenter Technology Corp (CRS), focusing on its price momentum score, support and resistance levels, and various technical indicators and moving averages. The current price momentum score for CRS is 4.35, placing it 97th in the Metals & Mining industry, with the stock trading between a resistance level of 591.06 and a support level of 450.57. The analysis of indicators shows mixed signals, predominantly 'Sell' for MACD, CCI, TRIX, and StochRSI, while moving averages largely indicate 'Sell' across different periods, with a 'Buy' signal only for MA200.
Carpenter Tech (CRS) GC awarded 738 shares, 1,535 withheld for taxes
James D. Dee, SVP, General Counsel & Secretary of Carpenter Technology Corp (CRS), reported two stock transactions. He was awarded 738 common shares as restricted stock units on August 17, 2026. Separately, on August 15, 2026, 1,535 shares were delivered or withheld at $544.59 per share to cover tax obligations related to the vesting of previously granted restricted stock units.
Carpenter Tech (NYSE: CRS) CEO logs grant, tax share withholding
Carpenter Technology Corp (NYSE: CRS) CEO Tony R. Thene reported insider transactions, including the acquisition of 5,993 shares through a restricted stock unit grant on August 17, 2026. He also had 9,479 shares delivered or withheld on August 15, 2026, at $544.59 per share to cover tax liabilities related to vesting restricted stock units. Following these transactions, Thene indirectly holds 497,087 shares in a revocable living trust.
Carpenter Tech (CRS) withholds 330 shares at $544.59 for RSU taxes
Carpenter Technology Corp (CRS) officer Elizabeth A. Socci had 330 shares withheld at $544.59 per share on August 15, 2026, to cover tax liabilities related to the vesting of restricted stock units. Additionally, Socci received a grant of 208 restricted stock units on August 17, 2026, as part of the company's incentive compensation plan. Following these transactions, her direct holdings in common stock total 10,478 shares.
5,018 Shares in Carpenter Technology Corporation $CRS Purchased by Focus Partners Advisor Solutions LLC
Focus Partners Advisor Solutions LLC has purchased 5,018 shares of Carpenter Technology Corporation (NYSE:CRS) worth approximately $3.1 million in the second quarter. This move comes as institutional investors and hedge funds collectively own a significant 92.03% of the company's stock. Carpenter Technology recently reported strong quarterly earnings, exceeding EPS expectations and showing a 12.6% year-over-year revenue increase, alongside declaring a $0.20 per share quarterly dividend.
Empowered Funds LLC Has $8.28 Million Stake in Carpenter Technology Corporation $CRS
Empowered Funds LLC has reduced its stake in Carpenter Technology Corporation ($CRS) by 20.5%, selling 5,415 shares but retaining 20,994 shares valued at $8.28 million. Despite this reduction, institutional investors collectively own 92.03% of the company, and Wall Street analysts maintain a consensus "Buy" rating with an average price target of $577.25. Carpenter Technology recently exceeded earnings expectations with an EPS of $3.23 and announced a quarterly dividend of $0.20 per share.
ETFs Investing in Carpenter Technology Corporation Stocks
This article lists various Exchange Traded Funds (ETFs) that hold stocks of Carpenter Technology Corporation (XTY). It provides detailed information for each ETF, including market value, weight of XTY in the fund, issuer, management style, focus, expense ratio, assets under management (AUM), price, change percentage, relative volume, and three-year NAV total return. The ETFs cover a range of investment strategies, from passive to active, and focus on different market segments such as mid-cap, total market, small-cap, industrials, and aerospace & defense.
Jim Cramer Says Buy Carpenter Technology, Calls This IT Services Stock a 'Value Trap'
Jim Cramer recommended buying Carpenter Technology (NYSE: CRS) due to its $1 billion buyback program and quarterly dividend, while labeling DXC Technology (NYSE: DXC) a "value trap" after its mixed Q2 results. He also expressed cautious optimism for Senseonics Holdings (NASDAQ: SENS) after its strong Q2 and raised forecast, and called Hess Midstream (NYSE: HESM) a "winner" for its better-than-expected results. Cramer was less enthusiastic about Ubiquiti (NYSE: UI), Coupang (NYSE: CPNG), and Zeta Global (NYSE: ZETA), preferring MercadoLibre (NASDAQ: MELI) or Amazon (NASDAQ: AMZN) over Coupang.
Handelsbanken Fonder AB Purchases 3,040 Shares of Carpenter Technology Corporation $CRS
Handelsbanken Fonder AB increased its stake in Carpenter Technology Corporation (NYSE:CRS) by 21.4% in the second quarter, acquiring an additional 3,040 shares and bringing its total holdings to 17,240 shares valued at approximately $10.6 million. The company's stock has seen other institutional investor activity, and it reported strong quarterly earnings with an EPS of $3.23 against estimates of $3.09 and a 12.6% revenue increase year-over-year. Analysts generally maintain a "Buy" rating for CRS, with an average price target of $577.25.
Carpenter Technology (CRS) director Ken Giacobbe submits initial Form 3
Carpenter Technology (CRS) director Ken Giacobbe has filed an initial Form 3, which is a statement of beneficial ownership. The filing indicates no transactions, derivative positions, or holdings at this time. This regulatory filing serves as an initial inventory sheet for his ownership of company securities as a new insider.
Carpenter Technology (CRS) awards director Ken Giacobbe stock units and options
Carpenter Technology (CRS) director Ken Giacobbe received equity-based compensation, including 225 Director Stock Units and a stock option grant for 21 shares. The stock units convert to common stock on a 1-for-1 basis, payable upon separation from service or a specified event, while the options are exercisable from August 11, 2027, to August 11, 2036, at an exercise price of $537.5700 per share. These awards are direct ownership under the company's stock-based compensation plan for non-employee directors, aligning director interests with shareholder value.
Carpenter Technology Declares Quarterly Cash Dividend
Carpenter Technology Corporation (NYSE: CRS) announced a quarterly cash dividend of $0.20 per share of common stock. This dividend is payable on September 3, 2026, to shareholders of record as of August 25, 2026. The company is a leader in high-performance specialty alloy materials for critical applications across various markets.
Carpenter Technology (CRS) Authorized A $1 Billion Share Repurchase Program
Carpenter Technology (CRS) has authorized a new $1 billion share repurchase program, indicating a strong focus on returning capital to shareholders amidst record results. This new buyback, combined with a quarterly dividend, suggests management's confidence in covering both growth projects and capital returns with current cash generation. Investors should monitor free cash flow, leverage, and updates on operating income and expansion progress to assess the sustainability of this capital return plan.
Carpenter Technology Corporation (NYSE:CRS) Announces Quarterly Dividend of $0.20
Carpenter Technology Corporation (NYSE:CRS) has declared a quarterly dividend of $0.20 per share, payable on September 3rd to shareholders of record on August 25th. This translates to an annualized dividend of $0.80 and a yield of 0.2%, which appears well-covered by the company's earnings with a payout ratio of 8.8%. Analysts maintain a positive outlook for Carpenter Technology, with an average "Buy" rating and a price target of $577.25, following the company's recent earnings beat.
Carpenter Technology appoints Ken Giacobbe to board
Carpenter Technology Corporation (NYSE:CRS) announced the appointment of Ken Giacobbe to its board of directors, effective August 11, 2026. Giacobbe brings extensive finance and executive leadership experience from the aerospace, advanced manufacturing, and technology industries, having previously served as CFO of Howmet Aerospace Inc. and Arconic Inc., among other senior roles. The company also announced the upcoming departures of Howard Yu and Colleen Pritchett from the board, which will reduce its size to 10 members, 9 of whom will be independent directors.
Form 8K Carpenter Technology Corp For: 12 August By Investing.com
This article announces the filing of a Form 8K by Carpenter Technology Corp on August 12. It is a brief news item from Investing.com, providing basic information about the SEC filing. The content focuses on market data and other news headlines rather than details of the Form 8K.
Carpenter Technology Sets Sept. 3 Payout for Shareholders
Carpenter Technology (NYSE: CRS) has announced that its Board of Directors declared a quarterly cash dividend of $0.20 per share on its common stock. The dividend is scheduled to be paid on September 3, 2026, to shareholders who are on record as of August 25, 2026. The company, founded in 1889, specializes in high-performance specialty alloy materials for critical applications across various industries.
Carpenter Technology Board Will Shift to 10 Members Oct. 6
Carpenter Technology (NYSE: CRS) has appointed Ken Giacobbe to its Board of Directors, effective August 11, 2026. This appointment comes as Howard Yu announced his departure from the board on October 6, 2026, and Colleen Pritchett decided not to seek re-election. As a result, the board will transition from 12 members to 10 members, with 9 independent directors, after October 6, 2026.
Carpenter Technology Appoints Ken Giacobbe to Board of Directors; Announces Planned Board Transitions
Carpenter Technology Corporation has appointed Ken Giacobbe to its Board of Directors, effective August 11, 2026. Giacobbe, formerly CFO of Howmet Aerospace, brings over 30 years of financial and aerospace industry experience, which is expected to support the company's growth strategies. Concurrently, board members Howard Yu and Colleen Pritchett will be departing, leading to a board composed of 10 members, 9 of whom will be independent.
Carpenter Technology Announces Additional $1.0 Billion Share Repurchase Program Following Completion of Prior Authorization
Carpenter Technology Corporation has announced an additional $1.0 billion share repurchase program, following the completion of its previous $400 million authorization. The company's CEO, Tony R. Thene, stated that the decision reflects confidence in Carpenter Technology's long-term value creation, driven by record results, an accelerating demand environment, and planned capacity expansion. The repurchases will be funded through cash generated from operations and available liquidity, aligning with the company's balanced capital allocation philosophy.
Ken Giacobbe Joins Carpenter Technology’s Board of Directors
Carpenter Technology Corporation announced the appointment of Ken Giacobbe to its Board of Directors, effective August 11, 2026. Giacobbe brings extensive financial and executive leadership experience from the aerospace and advanced manufacturing industries. Additionally, Howard Yu and Colleen Pritchett will be stepping down from the Board, reducing its size to 10 members after October 6, 2026.
Carpenter Technology (CRS) Lifted Guidance On Strong Results, Is The Upside Already Priced In?
Carpenter Technology (CRS) has reported strong fourth-quarter and full-year 2026 results, along with increased operating income guidance through 2029, leading to significant share price appreciation over the past year. While some analysts view the stock as undervalued at $595 per share due to strong aerospace demand and growth forecasts, Simply Wall St's DCF model suggests it might be overvalued at its current price of $537.57, trading above an estimated value of $459.91. Investors are encouraged to review the company's financials and narratives to form their own conclusion on the stock's valuation.
Form 8K Carpenter Technology Corp For: 12 August By Investing.com
This article announces that Carpenter Technology Corp filed a Form 8K on August 12, 2026. The Form 8K is a crucial SEC filing used to notify investors of unscheduled material events or corporate changes that could be important to shareholders.
Price to earnings forward of Carpenter Technology Corporation – BX:CRS
This article provides the "Price to earnings forward" value for Carpenter Technology Corporation (BX:CRS). The data is presented for a specific period, indicating the value, change, and percentage change. The content highlights financial data provided by ICE Data Services and FactSet.
What Does Carpenter Technology (CRS) CEO Brian Malloy's Death Mean For Investors?
Carpenter Technology (CRS) announced the sudden death of CEO Brian Malloy. The board quickly re-appointed former CEO and current Executive Chairman Tony Thene, signaling a desire for operational continuity and adherence to current strategic plans. Investors will be watching upcoming financial results and capital spending plans to gauge if the company maintains its current trajectory or if governance and risk tolerance evolve under the new leadership.
Royal Bank of Canada Grows Position in Carpenter Technology Corporation $CRS
Royal Bank of Canada increased its stake in Carpenter Technology Corporation ($CRS) by 22.5% in the first quarter, now holding shares valued at approximately $14.1 million. Institutional investors collectively own 92.03% of the company. Analysts maintain a "Buy" rating for CRS, with an average price target of $577.25, following the company's Q1 earnings beat with an EPS of $3.23 and a 12.6% revenue increase.
Quantinno Capital Management LP Has $3.63 Million Stock Holdings in Carpenter Technology Corporation $CRS
Quantinno Capital Management LP increased its stake in Carpenter Technology Corporation by 29.1% in the first quarter, now holding 9,213 shares valued at $3.63 million. Institutional investors own a significant 92.03% of the company, and analysts generally maintain a "Buy" rating with a consensus price target of $577.25. Carpenter Technology recently reported strong quarterly earnings, beating estimates with $3.23 EPS and a 12.6% increase in revenue year-over-year.
Janus Henderson Group PLC Decreases Position in Carpenter Technology Corporation $CRS
Janus Henderson Group PLC reduced its stake in Carpenter Technology Corporation (NYSE:CRS) by 37.8% in the first quarter, selling 13,652 shares but still retaining 22,437 shares valued at $8.85 million. Despite this, institutional investors and hedge funds continue to hold a significant 92.03% of the company's stock. Analysts maintain a positive outlook, with an average "Buy" rating and a consensus price target of $577.25, following the company's recent strong earnings report where EPS beat estimates and revenue grew 12.6%.
Bank of America Corp DE Purchases 262,701 Shares of Carpenter Technology Corporation $CRS
Bank of America Corp DE significantly increased its stake in Carpenter Technology Corporation (NYSE:CRS) in the first quarter, adding 262,701 shares to reach a total of 520,392 shares valued at $205.1 million. This move is part of a larger trend of institutional investors, including State Street Corp and Invesco Ltd., increasing their holdings, with hedge funds and other institutions now owning 92.03% of the company. Carpenter Technology also reported strong Q1 earnings, beating EPS estimates and seeing a 12.6% year-over-year revenue increase, leading analysts to maintain a "Buy" rating with an average price target of $577.25.
Carpenter Technology (CRS) Q4 2026 Earnings Call Transcript
Carpenter Technology (CRS) reported record results for fiscal year 2026, with consolidated operating income increasing 34% year-over-year and its Specialty Alloys Operations segment achieving a record adjusted operating margin of 37.8%. The company provided strong guidance for fiscal year 2027, projecting 21% to 25% growth in operating income and significant adjusted free cash flow, supported by anticipated increases in aerospace production rates and contributions from its brownfield expansion project. Chairman Tony Thene was reappointed CEO for an indefinite period, affirming his commitment to the company's long-term growth and capital allocation strategy.
CARPENTER TECHNOLOGY CORPORATION : WELLS FARGO RAISES TARGET PRICE TO $540 FROM $425
Wells Fargo has increased its target price for Carpenter Technology Corporation (CRS.N) to $540 from $425. This adjustment indicates a more optimistic outlook from the investment bank regarding the company's future stock performance. The report was issued by Reuters.
Carpenter Technology Corp (CRS) Shares Surge 4.6% -- What GF Sco
Carpenter Technology Corp (CRS) shares recently surged 4.6%, reaching $543.49, marking significant year-to-date and annual gains. Despite this performance, GuruFocus assesses CRS as significantly overvalued with a GF Value™ of $202.78 and a GF Score™ of 67/100, highlighting strong financial health and profitability but weak valuation and momentum. Insider selling further suggests caution for investors.
KeyBanc lowers Carpenter Technology stock price target on valuation By Investing.com
KeyBanc has lowered its price target for Carpenter Technology (NYSE: CRS) to $608 from $644 due to valuation, while maintaining an Overweight rating. This decision follows the company's fiscal fourth-quarter 2026 results. Despite a recent stock dip, the company reported strong Q4 results, exceeding EPS expectations and achieving record operating income, driven by performance in aerospace, defense, and specialty alloys.
Carpenter Technology set for strong growth on aerospace and industrial demand, with a $645 price target.
Carpenter Technology Corporation (CRS) is projected for significant growth due to increasing aerospace production from Boeing and Airbus and rising industrial demand from data centers and power infrastructure. Despite some challenges, the company's strong balance sheet and capital management support its organic growth. An analyst maintains a Strong Buy rating with a $645 price target, based on operational performance and margin expansion.
Carpenter Technology’s Earnings Call Signals Robust Upswing
Carpenter Technology (CRS) held its Q4 earnings call, revealing record quarterly and full-year profits and strong cash generation, despite some weakness in medical, energy, and PEP segments. The company provided an upbeat multi-year growth plan, projecting significant operating income growth through fiscal 2029, supported by an ongoing brownfield expansion and aggressive capital returns to shareholders. While specific end markets show volatility, management expressed confidence in expanding margins and cash flow.
CARPENTER TECHNOLOGY CORP : BTIG RAISES TARGET PRICE TO $620 FROM $450
BTIG has raised its target price for Carpenter Technology Corp (CRS.N) to $620 from $450. This update indicates a significantly more optimistic outlook for the company's stock from the investment banking firm. The news was reported by Reuters.
Carpenter Technology (CRS) Stock Looks Above Fair Value Despite Strong Earnings
Carpenter Technology (CRS) stock has seen a significant run-up over the past five years, but current valuations suggest it may now be expensive. The company's P/E ratio of 48.7x is above the industry average and its tailored fair P/E of 40.0x, indicating a premium. While bulls highlight strong operational efficiency and margin expansion, bears point to potential risks from reliance on accelerating aerospace and defense build rates.
Carpenter Technology Corp reports results for the quarter ended June 30 - Earnings Summary
Carpenter Technology Corp has released its earnings summary for the quarter that concluded on June 30. The article, provided by Refinitiv, gives an overview of the financial results for the company during this period.
Carpenter Technology (CRS) Q4 Earnings and Revenues Surpass Estimates
Carpenter Technology (CRS) reported strong Q4 earnings of $3.23 per share, surpassing the Zacks Consensus Estimate of $3.03, and revenues of $851 million, exceeding estimates by 0.38%. The company has consistently beaten EPS estimates over the past four quarters and holds a Zacks Rank #1 (Strong Buy), indicating expected market outperformance. The Steel - Speciality industry, to which Carpenter belongs, is also performing well.
Carpenter Technology Number of Employees 2026 | Employee Count & Headcount Data
Carpenter Technology Corp. (CRS) has approximately 4,502 employees worldwide as of March 2026, marking a 0.4% growth since 2023. The company, headquartered in Philadelphia, Pennsylvania, saw its active job postings decline by 95.6% in 2026 to 165, with hiring velocity slowing to 60 new roles per month. Employee sentiment is reported as negative and declining, and the workforce is concentrated in the United States (69.8%), with India being its fastest-growing location.
Carpenter Technology (CRS) Q4 2026 Earnings Call Transcript
Carpenter Technology (CRS) reported record financial results for fiscal year 2026, with consolidated operating income increasing 34% over the prior year, reaching $702 million. The Specialty Alloys Operations segment achieved a record adjusted operating margin of 37.8% in Q4, driven by productivity and product mix. The company provided strong guidance for fiscal year 2027, projecting $850 million to $880 million in operating income, and a long-term target of $1.2 billion to $1.3 billion by fiscal year 2029, supported by continued demand growth in aerospace and the brownfield expansion project.
Steel company CEO, 59, dies ‘suddenly’ just weeks after taking over top job
Brian Malloy, the newly appointed CEO of Carpenter Technology Corp., has died "suddenly and unexpectedly" at age 59, just three weeks after taking the top job. The company, a $3 billion steel corporation, announced his death on Monday, stating that former CEO Tony Thene will return to his prior role. Shares in the company fell by about 4.6% following the news.
Carpenter Technology's Tony R. Thene Returns as CEO and Chairman after Brian J. Malloy's Death
Carpenter Technology (CRS) has appointed Tony R. Thene as its new Chief Executive Officer, President, and Chairman. This appointment follows the sudden death of the previous President and CEO, Brian J. Malloy. Thene previously served as CEO from 2015 through June 2026.
Carpenter Technology to Report Q4 Earnings: What's in Store?
Carpenter Technology (CRS) is set to report its fourth-quarter fiscal 2026 results, with analysts expecting a 12.2% rise in sales to $847.8 million and earnings of $3.03 per share, a 37.1% year-over-year increase. Despite a strong track record of earnings surprises, the Zacks Model does not conclusively predict a beat this quarter for CRS, which currently holds a Zacks Rank #1 but has a 0.00% Earnings ESP. The company's performance is expected to be driven by growth in aerospace, defense, and medical applications, although headwinds in medical and distribution markets have been noted.
Carpenter Technology to Report Q4 Earnings: What's in Store?
Carpenter Technology (CRS) is set to announce its fiscal fourth-quarter 2026 results on July 30. Analysts anticipate a 12.2% increase in sales and a 37.1% rise in earnings year-over-year, driven by strong growth in aerospace, defense, and medical applications. The company has a history of beating earnings estimates, though the Zacks model does not conclusively predict a beat this quarter.
Carpenter Technology Corp - President And CEO Brian Malloy Passes Away
Carpenter Technology Corp announced the passing of its President and CEO, Brian Malloy. The article, sourced from Reuters, provides a brief notification of this event. Further details would require accessing the full article on TradingView.
New CEO of Philadelphia steel company dies suddenly
Brian J. Malloy, the new CEO of Philadelphia-based Carpenter Technology Corp., died suddenly and unexpectedly on Friday, July 24, just three weeks after taking the top position. His predecessor, Tony Thene, has stepped back in to resume the CEO role. Shares of Carpenter Technology fell approximately 4% following the news.
How Carpenter Technology Corporation (CRS) Affects Rotational Strategy Timing
This article analyzes Carpenter Technology Corporation (CRS) using AI models to suggest trading strategies. It identifies a strong near-term sentiment potentially leading to mid-term neutrality and a long-term positive bias, with a significant risk-reward short setup. The analysis provides specific entry points, targets, and stop losses for position trading, momentum breakout, and risk hedging strategies across different timeframes.
Philadelphia public company CEO dies suddenly, 3 weeks into role
Brian Malloy, the CEO of Carpenter Technology, has died suddenly at the age of 59, just three weeks after taking on the role. He had been promoted to CEO earlier this year. The article, published in the Philadelphia Business Journal, also lists several related obituaries of prominent local figures.
Carpenter Technology Chief Commercial Officer Brian Malloy Dies
Carpenter Technology Corporation announced the passing of Brian Malloy, their Senior Vice President and Chief Commercial Officer. The company is implementing a transition plan to distribute his commercial leadership responsibilities among existing executive team members to ensure continuous operations. Specific details regarding the circumstances of his death or a timeline for a permanent replacement were not provided.
