Carpenter Technology (CRS) Expected to Announce Earnings on Thursday

Carpenter Technology (NYSE:CRS) will likely be announcing its Q2 2026 results before the market opens on Thursday, January 29th. Analysts expect the company to announce earnings of $2.19 per share and revenue of $733.7570 million for the quarter. Individuals are encouraged to explore the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, January 29, 2026 at 10:00 AM ET.

Carpenter Technology Stock Up 3.9%

Shares of Carpenter Technology stock opened at $348.83 on Tuesday. Carpenter Technology has a 1 year low of $138.61 and a 1 year high of $348.99. The company has a market cap of $17.38 billion, a P/E ratio of 42.64, a P/E/G ratio of 1.40 and a beta of 1.29. The company has a current ratio of 4.44, a quick ratio of 2.37 and a debt-to-equity ratio of 0.36. The stock has a 50-day moving average price of $323.74 and a 200 day moving average price of $285.55.

Carpenter Technology Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Tuesday, January 27th will be given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Tuesday, January 27th. Carpenter Technology’s dividend payout ratio is 9.78%.

Insiders Place Their Bets

In related news, VP Elizabeth A. Socci sold 3,900 shares of Carpenter Technology stock in a transaction on 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 owned 9,594 shares of the company’s stock, valued at approximately $3,082,072.50. The trade was a 28.90% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Brian J. Malloy sold 43,688 shares of the company’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 sale, the chief operating officer owned 78,875 shares of the company’s stock, valued at $24,013,493.75. This represents a 35.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 79,358 shares of company stock worth $24,254,008 in the last 90 days. 2.90% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Geneos Wealth Management Inc. bought a new position in shares of Carpenter Technology in the 2nd quarter valued at approximately $28,000. Headlands Technologies LLC acquired a new position in Carpenter Technology during the second quarter valued at approximately $43,000. Rakuten Securities Inc. bought a new position in shares of Carpenter Technology in the second quarter valued at approximately $45,000. Sunbelt Securities Inc. bought a new position in shares of Carpenter Technology in the third quarter valued at approximately $48,000. Finally, GeoWealth Management LLC acquired a new stake in shares of Carpenter Technology in the third quarter worth $49,000. Institutional investors and hedge funds own 92.03% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. BTIG Research boosted their price objective on shares of Carpenter Technology from $305.00 to $365.00 and gave the company a “buy” rating in a research report on Monday, October 27th. Jones Trading started coverage on shares of Carpenter Technology in a research note on Wednesday, October 22nd. They issued a “buy” rating and a $400.00 price objective on the stock. TD Cowen reissued a “buy” rating on shares of Carpenter Technology in a research note on Friday, November 14th. Deutsche Bank Aktiengesellschaft set a $425.00 price target on shares of Carpenter Technology and gave the company a “buy” rating in a report on Friday, October 24th. Finally, KeyCorp upgraded Carpenter Technology from a “sector weight” rating to an “overweight” rating and set a $380.00 price objective for the company in a report on Thursday, November 13th. Eight research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $371.14.

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.