SeaTown Holdings Pte. Ltd. Sells 9,160 Shares of Carpenter Technology Corporation $CRS
SeaTown Holdings Pte. Ltd. has reduced its stake in Carpenter Technology Corporation (NYSE:CRS) by 22%, selling 9,160 shares, leaving it with 32,395 shares valued at approximately $10.2 million. Insider selling also occurred, with key executives selling 22,300 shares worth $8.66 million in the last 90 days. Despite these sales, Wall Street analysts maintain a "Moderate Buy" consensus rating for CRS, with an average target price of $387.11.
Analysts remain bullish on Carpenter Technology (CRS)’s long-term outlook
The article indicates that analysts maintain a bullish long-term outlook for Carpenter Technology (CRS). It suggests continued confidence in the company's future performance. Additional details regarding the basis of this optimism would be provided in the full article.
CRS Stock News Today | Earnings, Events & Price Alerts
This page provides a comprehensive overview of news and events related to CRS stock, including financial news, market performance, and analyst actions. Recent updates cover Carpenter Technology Corp's stock movements, Senator Mullin's investments, and earnings analysis. The platform also offers tools for stock prediction, technical valuation, and market monitoring.
Carpenter Technology to post Q3 results before April 29 webcast
Carpenter Technology (NYSE: CRS) is scheduled to host a conference call and webcast on Wednesday, April 29, 2026, at 10:00 a.m. ET to discuss its third-quarter fiscal 2026 results. The financial results for the quarter, which ended March 31, 2026, will be released before the market opens on the same day. Investors can access the call via live audio or through a live and archived webcast on the company's investor relations website.
Carpenter Technology (NYSE: CRS) director granted new stock unit award
Carpenter Technology Corporation director Charles Douglas McLane Jr. was granted 68.18 Director Stock Units as part of his compensation, which convert to common stock on a 1-for-1 basis upon separation from service or a specified event. This award, valued at $27K with a reference price of $394.15 per unit, increases his total holdings to 25,187.09 units, including previously unreported dividend equivalents. The transaction is a compensation-related grant rather than a market purchase or sale, as detailed in the recent Form 4 filing.
Carpenter Technology Schedules April 2, 2026 Conference Call to Discuss Financial Results
Carpenter Technology Corporation has announced it will host a conference call and webcast on Thursday, April 2, 2026, at 12:30 PM GMT to discuss its financial results. This event will provide stakeholders, analysts, and the public with insights into the company's performance and future outlook. Details for joining the call will be made available on Carpenter Technology’s official website.
Carpenter Technology Announces Conference Call and Webcast
Carpenter Technology Corporation (NYSE: CRS) will host a conference call and webcast on April 29, 2026, at 10:00 a.m. ET to discuss its third-quarter fiscal year 2026 financial results. The financial results for the quarter, which ended March 31, 2026, will be released before the market opens on the same day. Details for joining the live call and webcast are provided for investors and interested parties.
Retirement Systems of Alabama Boosts Stake in Carpenter Technology Corporation $CRS
Retirement Systems of Alabama significantly increased its stake in Carpenter Technology Corporation by 26% in Q4, now holding 75,972 shares valued at approximately $23.92 million. Despite insider selling, institutional investors own a substantial portion of the company, which reported strong Q4 EPS topping estimates and maintains a "Moderate Buy" consensus rating. The company also announced a quarterly dividend, contributing to its modest annualized dividend yield.
Wells Fargo Initiates Coverage for Carpenter Technology (CRS) with Equal-Weight Rating and $400 Price Target | CRS Stock News
Wells Fargo has initiated coverage on Carpenter Technology (CRS) with an Equal-Weight rating and a price target of $400.00, according to analyst David Strauss. This new coverage adds to a series of recent analyst activities for CRS, including a Positive rating from Susquehanna and Buy/Overweight ratings from BTIG and JP Morgan with various price target adjustments. The average target price from 8 analysts is $413.50, implying a slight upside, while GuruFocus estimates a fair value of $174.31, suggesting a significant downside.
Carpenter Technology stock hits all-time high at 412.59 USD
Carpenter Technology (CRS) stock has reached an all-time high of $412.59, currently trading at $409.27 with a market cap of $20.37 billion. Despite an InvestingPro analysis suggesting the company is overvalued, it has seen a 118.87% increase over the past year. Recent developments include exceeding Q2 2026 earnings expectations, a revised operating income guidance, a "Positive" rating from Susquehanna, and a change in CEO.
Carpenter Technology Corp (CRS) Shares Up 4.27% on Mar 31
Shares of Carpenter Technology Corp (CRS) surged 4.27% in mid-day trading on March 31, closing at $386.54. Analysts have an average target price of $415.43, implying a 7.48% upside, and an average brokerage recommendation of 1.8 ("Outperform"). However, GuruFocus estimates a one-year GF Value of $172.93, suggesting a potential downside of 55.26%.
Carpenter Technology Corporation $CRS Shares Sold by Allspring Global Investments Holdings LLC
Allspring Global Investments Holdings LLC reduced its stake in Carpenter Technology Corporation ($CRS) by 4.0% in Q4, selling 22,013 shares and maintaining ownership of 1.06% of the company. Company insiders have also been net sellers recently, offloading shares worth $8.66 million in the past three months. Despite insider selling, Carpenter Technology exceeded Q4 earnings estimates with an EPS of $2.33 on $728 million revenue and currently holds a "Moderate Buy" consensus rating from analysts with an average target price of $385.50.
Carpenter Technology Corp (CRS) Shares Gap Down to $376.92 on Ma
Shares of Carpenter Technology Corp (CRS) fell by 3.75% to $376.92 on March 30, approaching its 52-week low. While analysts predict a 10.22% upside with an "Outperform" consensus, GuruFocus estimates a potential 54.12% downside, valuing the stock at $172.93 based on historical data and future performance estimates. The stock traded with 87.2% of its average daily volume.
Carpenter Technology (CRS) price target increased by 12.36% to 423.74
This article reports that the price target for Carpenter Technology (CRS) has been increased by 12.36%, setting the new target at 423.74. No further details about the reasons for this increase or the analysts involved are provided within this snippet.
Carpenter Technology (CRS) price target increased by 12.36% to 423.74
This article reports that the price target for Carpenter Technology (CRS) has been increased by 12.36%. The new price target is set at 423.74. This indicates a positive outlook from an analyst or firm regarding the company's future stock performance.
Carpenter Technology (CRS) price target increased by 12.36% to 423.74
This article reports a significant increase in Carpenter Technology's (CRS) price target. The target has been raised by 12.36% to $423.74. No further details about the reasons for this increase or other financial analysis are provided in this truncated content.
Carpenter Technology Corporation (NYSE:CRS) Receives Average Recommendation of "Moderate Buy" from Brokerages
Carpenter Technology Corporation (NYSE:CRS) has received a consensus "Moderate Buy" rating from analysts, with an average 12-month price target of $385.50. Several brokerages have recently raised their price targets for the stock. Despite some insider selling totaling $8.66 million in the last three months, institutional ownership remains high at over 92%, and the company recently beat Q4 EPS estimates.
Global Superalloys Market Trends 2036: Carpenter Technology Corporation, HAYNES INTERNATIONAL Driving Aerospace Demand
The global Superalloys Market is projected to reach USD 23.06 billion by 2036, growing at a CAGR of 8.5% from its 2026 valuation of USD 10.20 billion. This significant growth is primarily driven by increasing demand for high-performance materials in critical sectors such as aerospace turbine engines, power generation, and oil & gas applications. Companies like Carpenter Technology Corporation and HAYNES INTERNATIONAL are key players benefiting from this trend, as superalloys become mission-critical inputs for advanced manufacturing requiring superior strength and thermal stability.
Vanguard (NYSE: CRS) amendment shows 0 shares, 0% after internal realignment
The Vanguard Group filed an Amendment No. 13 to its Schedule 13G/A, reporting zero beneficial ownership of Carpenter Technology Corp (NYSE: CRS) common stock. This change, showing 0 shares and 0% of the class, is attributed to an internal realignment and disaggregation of certain subsidiaries' holdings, effective January 12, 2026, in accordance with SEC Release No. 34-39538.
Carpenter Technology Declares Quarterly Dividend
Carpenter Technology Corporation (CRS) has declared a quarterly cash dividend of $0.075 per share, payable on May 29, 2026, to shareholders of record as of May 15, 2026. This announcement reflects the company's commitment to returning value to its investors.
Carpenter Technology Declares Quarterly Dividend
Carpenter Technology Corporation (NYSE: CRS) announced that its Board of Directors has declared a quarterly cash dividend of $0.0625 per share of common stock. The dividend is payable on May 28, 2026, to shareholders of record as of May 14, 2026.
Assessing Carpenter Technology (CRS) Valuation After Strong Multi‑Year Shareholder Returns
Carpenter Technology (CRS) has seen strong shareholder returns over multiple years but questions remain about its current valuation. While Vestra suggests a fair value indicating the stock is undervalued, its P/E ratio is higher than the industry average, posing a dilemma for investors. The company's future growth largely depends on stable aerospace demand and managing raw material costs, as it benefits from increased wide-body aircraft production and capacity expansion in specialty superalloys.
Carpenter Technology Names CEO Tony Thene as Next Chairman, Announces Leadership Promotions
Carpenter Technology has announced that its CEO, Tony Thene, will also assume the role of Chairman of the Board. This move is part of a broader leadership transition that includes several internal promotions aimed at strengthening the company's executive team and supporting its strategic goals. The changes are expected to streamline leadership and foster continued growth.
Marshall Financial Group LLC Acquires Shares of 4,356 Carpenter Technology Corporation $CRS
Marshall Financial Group LLC recently acquired 4,356 shares of Carpenter Technology Corporation (NYSE:CRS) valued at approximately $1.37 million, bringing institutional ownership of the company to about 92.03%. The company reported strong Q4 earnings, beating EPS estimates and showing a 7.5% year-over-year revenue increase, and announced a quarterly dividend. Analyst ratings are generally positive, with a "Moderate Buy" consensus and an average price target of $385.50, despite recent insider share sales totaling over $8.6 million.
Carpenter Technology stock surges on aerospace demand boost amid supply chain recovery
Carpenter Technology reported strong fiscal second-quarter results, exceeding market expectations with adjusted earnings per share of $0.48, driven by robust demand from the aerospace and defense sectors. The company's stock rallied 8.2% on the NYSE following the announcement. European investors are closely watching the company as it supplies critical components for European aircraft programs and diversifies into EV battery components and medical implants.
Carpenter Technology Corporation $CRS Shares Acquired by Hudson Bay Capital Management LP
Hudson Bay Capital Management LP significantly increased its stake in Carpenter Technology Corporation (NYSE:CRS) by 52% in the third quarter, now holding 19,987 shares valued at $4.91 million. Other institutional investors like State Street Corp and SurgoCap Partners LP also boosted their positions, leading to a total institutional ownership of 92.03%. Despite recent insider selling, which saw 22,300 shares sold for $8.66 million, analysts maintain a "Moderate Buy" rating for CRS with an average price target of $385.50.
Union Bancaire Privee UBP SA Buys New Shares in Carpenter Technology Corporation $CRS
Union Bancaire Privee UBP SA has acquired 19,730 new shares in Carpenter Technology Corporation (NYSE:CRS) valued at approximately $6.21 million during the fourth quarter. This acquisition is part of a broader trend of institutional investors increasing their stakes, with major funds like State Street and SurgoCap also raising their holdings, bringing institutional ownership to approximately 92.03%. Wall Street analysts maintain a "Moderate Buy" consensus rating for CRS, with a target price of $385.50, following a strong Q4 earnings report where the company beat estimates with $2.33 EPS and 7.5% year-over-year revenue growth.
Carpenter Technology Corp. Experiences Valuation Adjustment Reflecting Strong Market Position and Performance
Carpenter Technology Corp. has adjusted its valuation, with its stock currently priced at $378.16. The company achieved a 108.31% return over the past year, significantly outperforming the S&P 500, indicating a strong market position within the minerals and mining sector. Key financial metrics such as a P/E ratio of 49 and robust ROCE and ROE highlight its competitive edge compared to industry peers like ATI, Inc.
Carpenter Technology stock gains traction amid aerospace demand surge and premium materials outlook
Carpenter Technology Corporation is experiencing heightened investor interest due to increasing demand for specialty alloys in the aerospace and defense sectors. The company's strong order momentum, particularly in jet engine components, is driving revenue visibility and margin expansion, making it an attractive option for DACH investors seeking diversification in resilient US industrial supply chains. Despite risks like raw material volatility, strategic initiatives in sustainable alloys and additive manufacturing position Carpenter for continued growth.
Carpenter Technology (CRS) Is Well-Positioned for Growing Demand in Aerospace and Defense Industries
Carpenter Technology (CRS) is highly regarded by hedge funds as a top 3D printing stock due to its crucial role in supplying specialized alloys for the aerospace and defense sectors. Susquehanna initiated coverage with a "Positive" rating, citing the company's strong backlog, robust new orders, and anticipated growth in commercial airplane builds and MRO activity. The company is also undergoing executive leadership changes, with COO Brian Malloy set to become CEO, succeeding Tony Thene.
Dorsey Wright & Associates Purchases New Position in Carpenter Technology Corporation $CRS
Dorsey Wright & Associates has acquired a significant new position in Carpenter Technology Corporation (NYSE:CRS), purchasing 37,796 shares valued at approximately $9.28 million, making it 2.1% of their portfolio. Carpenter Technology recently reported strong Q3 earnings, surpassing EPS expectations, and analysts maintain a "Moderate Buy" rating with an average target price of $385.50. Despite some recent insider selling, institutional investors own a substantial 92.03% of the company's stock.
Carpenter Technology Corporation (NYSE:CRS) Short Interest Down 13.0% in February
Short interest in Carpenter Technology Corporation (NYSE:CRS) decreased by 13.0% in February, totaling 3,112,447 shares, representing about 6.4% of shares sold short with a days-to-cover ratio of 4.7 days. Insider selling activity was noted, with SVP James D. Dee and Director Steven E. Karol selling shares, while institutional investors increased their holdings. The company reported strong quarterly earnings, beating analyst estimates, and has a consensus "Moderate Buy" rating with a target price of $385.50.
Carpenter Technology Corporation $CRS Stock Holdings Lifted by Kinetic Partners Management LP
Kinetic Partners Management LP significantly increased its stake in Carpenter Technology Corporation (NYSE:CRS) by 15.5% in the third quarter, making it their fifth largest holding. Other institutional investors like Jain Global LLC and Gotham Asset Management LLC also acquired substantial new positions or increased existing ones. Despite insider sales, analysts maintain a "Moderate Buy" rating with a consensus price target of $385.50 for Carpenter Technology, which recently reported strong earnings and announced a quarterly dividend.
Moore Capital Management LP Buys 69,976 Shares of Carpenter Technology Corporation $CRS
Moore Capital Management LP significantly increased its stake in Carpenter Technology Corporation (NYSE:CRS) by 250.4% in the third quarter, purchasing an additional 69,976 shares. The firm now owns 97,923 shares valued at approximately $24,044,000. Other institutional investors have also adjusted their holdings, while company insiders made sales totaling over $8.6 million in the last quarter.
Aquatic Capital Management LLC Takes $5.51 Million Position in Carpenter Technology Corporation $CRS
Aquatic Capital Management LLC has acquired a new position in Carpenter Technology Corporation, purchasing 22,433 shares valued at approximately $5.51 million. Several other institutional investors also adjusted their holdings in the basic materials company. Carpenter Technology recently reported strong earnings, topping analyst estimates, and announced a quarterly dividend.
Carpenter Technology Corp (CRS) Trading 3.75% Higher on Mar 16
Shares of Carpenter Technology Corp (CRS) surged 3.75% on March 16, reaching an intraday high of $380.96 before closing at $374.83. This places CRS 9.09% below its 52-week high and 170.42% above its 52-week low. Wall Street analysts forecast an average target price of $415.43, implying a 10.83% upside, while GuruFocus estimates a potential downside of 53.86% based on its GF Value of $172.93.
Jain Global LLC Acquires 80,661 Shares of Carpenter Technology Corporation $CRS
Jain Global LLC significantly increased its stake in Carpenter Technology Corporation (NYSE:CRS) by 322.9%, acquiring 80,661 additional shares to own a total of 105,640 shares valued at approximately $25.94 million. Several other institutional investors also increased their positions, contributing to institutional ownership of 92.03%. Despite some insider selling totaling $8.66 million, the company reported an EPS beat and analysts maintain a "Moderate Buy" rating with a consensus price target around $385.50.
Carpenter Technology Corporation $CRS is Granahan Investment Management LLC's 8th Largest Position
Granahan Investment Management LLC significantly increased its stake in Carpenter Technology Corporation (NYSE:CRS) during the third quarter, making it their 8th largest position. Other institutional investors also adjusted their holdings, while company insiders recently sold a substantial number of shares. Analysts currently rate the stock as a "Moderate Buy" with a consensus target price of $385.50.
Gotham Asset Management LLC Acquires 164,014 Shares of Carpenter Technology Corporation $CRS
Gotham Asset Management LLC significantly increased its stake in Carpenter Technology Corporation (NYSE:CRS) by 14,802.7% during the third quarter, acquiring an additional 164,014 shares to own a total of 165,122 shares worth $40.54 million. Other institutional investors also adjusted their positions in the company, which reported strong quarterly earnings and declared a quarterly dividend. Analyst ratings for Carpenter Technology are largely positive, with a consensus of "Moderate Buy" and an average target price of $385.50.
Advent International L.P. Has $136.99 Million Stake in Carpenter Technology Corporation $CRS
Advent International L.P. reduced its stake in Carpenter Technology Corporation by 17.4% in Q3, now holding 557,903 shares valued at approximately $136.99 million. Insiders have also been net sellers, disposing of shares worth about $8.66 million. Despite these sales, analysts maintain a "Moderate Buy" rating with a consensus target price of $385.50, following a recent beat on quarterly earnings estimates.
A Look At Carpenter Technology (CRS) Valuation After A Strong Multi Year Share Price Run
Carpenter Technology (CRS) has seen significant share price appreciation over the past year, leading to questions about its current valuation. While one narrative suggests the stock is 9.8% undervalued with a fair value of $400.62 based on future earnings and its strong position in the aerospace market, another view points to its rich P/E ratio, which is comparable to or slightly below industry averages but above its "fair ratio," indicating potential valuation risk. Investors are encouraged to review the data themselves to determine if the recent rally has fully priced in future growth.
Algert Global LLC Acquires 14,088 Shares of Carpenter Technology Corporation $CRS
Algert Global LLC increased its stake in Carpenter Technology Corporation (NYSE:CRS) by 19.2% in the third quarter, purchasing 14,088 additional shares to bring its total holdings to 87,652 shares valued at approximately $21.52 million. Carpenter Technology recently reported strong quarterly earnings, beating EPS estimates, and has an average analyst rating of "Moderate Buy" with a consensus price target of $385.50. Despite insider selling activity, institutional investors hold a significant portion of the company's stock, and the company announced a quarterly dividend.
Carpenter Technology (CRS) Announces Brian Malloy to Succeed Tony Thene as CEO
Carpenter Technology Corporation (NYSE: CRS) announced that Brian Malloy will take over as CEO from Tony Thene, effective July 1. Malloy, currently President and COO, will succeed Thene, who will transition to Executive Chairman, focusing on corporate strategy and stakeholder relationships. Malloy brings over a decade of experience within the company, including senior leadership roles in commercial operations and business segments, following executive positions at Ametek & Alcoa.
Chesapeake Capital Corp IL Acquires New Position in Carpenter Technology Corporation
Chesapeake Capital Corp IL, a Virginia-based investment firm, has acquired a new position in Carpenter Technology Corporation (NYSE:CRS), a major producer of specialty metals. The firm purchased 5,322 shares valued at approximately $1.3 million, signaling confidence in the company's growth prospects in industries like aerospace, defense, and transportation. This investment represents about 1.2% of Chesapeake Capital's portfolio, making Carpenter Technology its 14th largest holding.
Chesapeake Capital Corp IL Acquires New Position in Carpenter Technology Corporation $CRS
Chesapeake Capital Corp IL has initiated a new position in Carpenter Technology Corporation (NYSE:CRS), purchasing 5,322 shares valued at approximately $1.307 million, making it the 14th largest holding in their portfolio. Carpenter Technology reported strong Q3 earnings with $2.33 EPS, beating estimates, and a 7.5% year-over-year revenue increase. The company holds a "Moderate Buy" analyst rating, an average target price of $385.50, and has significant institutional investor ownership despite recent insider selling.
Wolf Hill Capital Management LP Acquires 160,805 Shares of Carpenter Technology Corporation $CRS
Wolf Hill Capital Management LP significantly increased its stake in Carpenter Technology Corporation (NYSE:CRS) by 16,358.6%, acquiring an additional 160,805 shares. This move made CRS 3.6% of the fund's portfolio, valued at $39.7 million. Other institutional investors also boosted their positions, contributing to a total institutional ownership of 92.03% for Carpenter Technology.
Carpenter Technology Stock Hits Day Low Amid Price Pressure at $377.08
Carpenter Technology Corp. experienced a 7.58% stock price decline, hitting an intraday low of $377.08, despite a strong 107.7% increase over the past year. The company's financial health remains solid with consistent profitability, a low debt-to-equity ratio, and robust operating cash flow, outperforming the S&P 500. This recent downturn reflects a shift in market sentiment, but the company's fundamentals appear strong.
Carpenter Technology Stock Pulls Back 5-7% Despite Guidance Hike: Valuation Reality Check for Invest
Carpenter Technology (US1442851036) experienced a 5-7% stock pullback despite strong Q2 2026 earnings and positive guidance, raising concerns about its valuation. The market appears to be recalibrating expectations following a significant rally, high forward P/E ratios, and some insider selling activity, despite robust operational metrics and supportive aerospace demand. Investors are advised to exercise caution and monitor upcoming earnings for fresh catalysts.
Magnetar Financial LLC Invests $2.40 Million in Carpenter Technology Corporation $CRS
Magnetar Financial LLC recently acquired a new stake of 9,787 shares in Carpenter Technology Corporation, worth approximately $2.40 million, during the third quarter. Other institutional investors also adjusted their positions in the basic materials company. Carpenter Technology's stock has seen a 7.3% decline, with a current market cap of $18.85 billion, and the company recently announced a quarterly dividend of $0.20 per share.
Carpenter Technology falls 5% as profit-taking follows guidance raise; no clear new catalyst
Carpenter Technology (CRS) shares dropped 5% due to likely profit-taking after a strong performance, increased guidance, and recent analyst attention. The decline follows a fiscal 2026 operating income outlook raise and notable insider selling in late February, with no new company-specific news to explain the move.
