Carpenter Technology Corporation $CRS Shares Sold by Tlwm

Tlwm lowered its holdings in shares of Carpenter Technology Corporation (NYSE:CRS) by 32.2% in the third quarter, HoldingsChannel.com reports. The fund owned 6,966 shares of the basic materials company’s stock after selling 3,308 shares during the quarter. Carpenter Technology comprises about 0.3% of Tlwm’s investment portfolio, making the stock its 27th biggest holding. Tlwm’s holdings in Carpenter Technology were worth $1,710,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of CRS. Prudential Financial Inc. increased its position in Carpenter Technology by 43.3% during the second quarter. Prudential Financial Inc. now owns 56,082 shares of the basic materials company’s stock worth $15,500,000 after buying an additional 16,954 shares in the last quarter. Schroder Investment Management Group boosted its stake in shares of Carpenter Technology by 11.1% during the second quarter. Schroder Investment Management Group now owns 57,625 shares of the basic materials company’s stock valued at $15,926,000 after acquiring an additional 5,757 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new stake in Carpenter Technology during the 2nd quarter worth about $1,460,000. Hancock Whitney Corp acquired a new position in Carpenter Technology in the 1st quarter valued at about $819,000. Finally, Graham Capital Management L.P. lifted its holdings in Carpenter Technology by 175.8% in the 1st quarter. Graham Capital Management L.P. now owns 3,643 shares of the basic materials company’s stock valued at $660,000 after purchasing an additional 2,322 shares in the last quarter. 92.03% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, COO Brian J. Malloy sold 4,130 shares of the stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $303.52, for a total value of $1,253,537.60. Following the completion of the transaction, the chief operating officer owned 78,875 shares in the company, valued at $23,940,140. This represents a 4.98% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Elizabeth A. Socci sold 3,900 shares of the firm’s stock in a transaction dated Wednesday, November 26th. The shares were sold at an average price of $321.25, for a total transaction of $1,252,875.00. Following the transaction, the vice president directly owned 9,594 shares in the company, valued at approximately $3,082,072.50. The trade was a 28.90% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 79,358 shares of company stock valued at $24,254,008 in the last ninety days. Corporate insiders own 2.90% of the company’s stock.

Wall Street Analysts Forecast Growth

CRS has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft set a $425.00 price objective on shares of Carpenter Technology and gave the company a “buy” rating in a research report on Friday, October 24th. KeyCorp upgraded Carpenter Technology from a “sector weight” rating to an “overweight” rating and set a $380.00 price target for the company in a report on Thursday, November 13th. Cowen reaffirmed a “buy” rating on shares of Carpenter Technology in a research report on Friday, November 14th. Jones Trading initiated coverage on shares of Carpenter Technology in a report on Wednesday, October 22nd. They issued a “buy” rating and a $400.00 target price for the company. Finally, JPMorgan Chase & Co. lifted their price target on shares of Carpenter Technology from $305.00 to $388.00 and gave the company an “overweight” rating in a report on Wednesday, October 29th. Nine analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $371.14.

Trending Headlines about Carpenter Technology

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 Stock Performance

Shares of NYSE:CRS opened at $327.26 on Friday. The business’s 50-day simple moving average is $305.16 and its 200 day simple moving average is $272.79. Carpenter Technology Corporation has a one year low of $138.61 and a one year high of $342.11. The company has a debt-to-equity ratio of 0.36, a quick ratio of 2.37 and a current ratio of 4.44. The company has a market cap of $16.30 billion, a P/E ratio of 40.01, a PEG ratio of 1.37 and a beta of 1.31.

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

Carpenter Technology Dividend Announcement

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

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.