Carpenter Technology Corporation $CRS Stock Position Lessened by Egerton Capital UK LLP

Egerton Capital UK LLP trimmed its holdings in shares of Carpenter Technology Corporation (NYSE:CRS) by 28.0% during the third quarter, Holdings Channel.com reports. The firm owned 1,374,333 shares of the basic materials company’s stock after selling 534,734 shares during the quarter. Carpenter Technology accounts for approximately 3.6% of Egerton Capital UK LLP’s portfolio, making the stock its 14th biggest position. Egerton Capital UK LLP’s holdings in Carpenter Technology were worth $337,454,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of CRS. WCM Investment Management LLC boosted its holdings in shares of Carpenter Technology by 77.9% in the third quarter. WCM Investment Management LLC now owns 357,498 shares of the basic materials company’s stock valued at $86,261,000 after acquiring an additional 156,554 shares in the last quarter. Prudential Financial Inc. lifted its position in Carpenter Technology by 43.3% in the second quarter. Prudential Financial Inc. now owns 56,082 shares of the basic materials company’s stock worth $15,500,000 after purchasing an additional 16,954 shares during the period. Campbell & CO Investment Adviser LLC bought a new position in Carpenter Technology during the 3rd quarter valued at $1,373,000. Whitaker Myers Wealth Managers LTD. acquired a new position in shares of Carpenter Technology during the 3rd quarter valued at $797,000. Finally, Schroder Investment Management Group increased its position in shares of Carpenter Technology by 11.1% during the 2nd quarter. Schroder Investment Management Group now owns 57,625 shares of the basic materials company’s stock valued at $15,926,000 after purchasing an additional 5,757 shares during the period. Institutional investors and hedge funds 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 near‑term and multi‑year EPS forecasts for CRS (small upward revisions to Q1/Q2 2027, FY2027 and FY2028 estimates), improving forward earnings visibility and supporting valuation and upside momentum.
• Positive Sentiment: Analyst upgrade/coverage note highlights that Carpenter is gaining pricing power in a tight specialty-metals market, implying stronger margins and cash flow potential — a fundamental rationale for the recent rally. Article Title
• Positive Sentiment: Media reported CRS hit a fresh annual high on the NYSE Composite, a technical signal that can attract momentum and institutional buyers. Article Title
• Neutral Sentiment: A comparative piece examined CRS versus Insteel Industries (IIIN) for value investors — useful context for relative valuation but not an immediate company-specific catalyst. Article Title
• Negative Sentiment: Senior VP James D. Dee sold 15,800 shares at about $391.78 (~$6.19M). While insiders often sell for diversification and he still retains a large stake, the disclosed sale can create short‑term pressure or signal partial profit‑taking. Article Title

Analyst Upgrades and Downgrades

CRS has been the subject of several research analyst reports. BTIG Research upped their price objective on Carpenter Technology from $365.00 to $375.00 and gave the company a “buy” rating in a report on Friday, January 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of Carpenter Technology in a research report on Tuesday, January 27th. TD Cowen restated a “buy” rating on shares of Carpenter Technology in a research report on Friday, November 14th. Wall Street Zen raised shares of Carpenter Technology from a “hold” rating to a “buy” rating in a research note on Saturday, January 31st. Finally, JPMorgan Chase & Co. increased their target price on shares of Carpenter Technology from $388.00 to $394.00 and gave the company an “overweight” rating in a research note on Friday, January 30th. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $373.43.

Insider Activity

In other Carpenter Technology news, SVP James D. Dee sold 15,800 shares of Carpenter Technology stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $391.78, for a total transaction of $6,190,124.00. Following the transaction, the senior vice president owned 73,739 shares of the company’s stock, valued at $28,889,465.42. The trade was a 17.65% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, COO Brian J. Malloy sold 43,688 shares of the company’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $304.45, for a total value of $13,300,811.60. Following the completion of the transaction, the chief operating officer owned 78,875 shares in the company, valued at $24,013,493.75. This represents a 35.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 97,758 shares of company stock worth $31,665,177. 2.90% of the stock is owned by corporate insiders.

Carpenter Technology Price Performance

NYSE CRS opened at $397.75 on Friday. Carpenter Technology Corporation has a 1 year low of $138.61 and a 1 year high of $403.81. The stock’s 50-day moving average price is $346.56 and its two-hundred day moving average price is $300.96. The company has a market cap of $19.81 billion, a PE ratio of 46.20, a PEG ratio of 1.56 and a beta of 1.30. The company has a current ratio of 4.25, a quick ratio of 2.26 and a debt-to-equity ratio of 0.35.

Carpenter Technology (NYSE:CRS) last released its quarterly earnings results on Thursday, January 29th. The basic materials company reported $2.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.20 by $0.13. Carpenter Technology had a net margin of 14.77% and a return on equity of 23.63%. The business had revenue of $728.00 million for the quarter, compared to analyst estimates of $733.76 million. During the same quarter in the previous year, the business earned $1.66 earnings per share. The firm’s revenue was up 7.5% compared to the same quarter last year. On average, analysts predict that Carpenter Technology Corporation will post 6.83 EPS for the current year.

Carpenter Technology Announces Dividend

The firm also recently announced 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 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Tuesday, January 27th. Carpenter Technology’s dividend payout ratio (DPR) is 9.29%.

About Carpenter Technology

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.