Vanguard Group Inc. Has $1.12 Billion Stake in Carpenter Technology Corporation $CRS

Vanguard Group Inc. trimmed its stake in Carpenter Technology Corporation (NYSE:CRS) by 2.4% in the third quarter, Holdings Channel.com reports. The firm owned 4,547,662 shares of the basic materials company’s stock after selling 109,819 shares during the quarter. Vanguard Group Inc. owned about 0.09% of Carpenter Technology worth $1,116,633,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. TOMS Capital Investment Management LP acquired a new position in Carpenter Technology in the 2nd quarter valued at approximately $106,683,000. Qube Research & Technologies Ltd purchased a new position in shares of Carpenter Technology during the 2nd quarter valued at $80,711,000. Raymond James Financial Inc. grew its holdings in shares of Carpenter Technology by 244.3% during the 2nd quarter. Raymond James Financial Inc. now owns 411,277 shares of the basic materials company’s stock valued at $113,669,000 after acquiring an additional 291,829 shares in the last quarter. TimesSquare Capital Management LLC increased its stake in shares of Carpenter Technology by 406.4% in the third quarter. TimesSquare Capital Management LLC now owns 306,970 shares of the basic materials company’s stock worth $75,373,000 after acquiring an additional 246,348 shares during the last quarter. Finally, HRT Financial LP purchased a new stake in shares of Carpenter Technology during the second quarter worth $49,629,000. 92.03% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

CRS has been the topic of a number of recent research reports. Wall Street Zen upgraded Carpenter Technology from a “hold” rating to a “buy” rating in a research note on Saturday, January 31st. Weiss Ratings reissued a “buy (b)” rating on shares of Carpenter Technology in a research note on Tuesday, January 27th. JPMorgan Chase & Co. increased their price objective on Carpenter Technology from $388.00 to $394.00 and gave the stock an “overweight” rating in a report on Friday, January 30th. KeyCorp upgraded shares of Carpenter Technology from a “sector weight” rating to an “overweight” rating and set a $380.00 target price for the company in a research note on Thursday, November 13th. Finally, TD Cowen reissued a “buy” rating on shares of Carpenter Technology in a research report on Friday, November 14th. Eight research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Carpenter Technology presently has an average rating of “Moderate Buy” and a consensus target price of $373.43.

More Carpenter Technology News

Here are the key news stories impacting Carpenter Technology this week:

• Positive Sentiment: Carpenter reported strong Q2 2026 results with specialty‑alloys growth cited as the primary driver of revenue and margin expansion — this operational beat is the immediate catalyst for bullish sentiment. Carpenter Technology (CRS) Reports Strong Q2 2026 Earnings
• Positive Sentiment: Zacks Research raised multiple EPS forecasts for Carpenter across quarters and fiscal years — notable moves include FY2026 to $10.20 (from $9.82) and FY2028 to $14.08 — implying analysts expect stronger profitability and supporting higher forward multiples. Zacks upgrades / estimates (MarketBeat summary)
• Neutral Sentiment: Valuation and positioning: CRS is trading near its 12‑month high with a high P/E (~45) and a PEG ~1.47, which means further gains will depend on continued earnings delivery and multiple expansion staying intact. Carpenter stock profile and valuation

Carpenter Technology Stock Performance

Shares of NYSE CRS opened at $389.98 on Friday. The business’s 50-day simple moving average is $339.35 and its 200-day simple moving average is $296.32. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.26 and a current ratio of 4.25. Carpenter Technology Corporation has a 52 week low of $138.61 and a 52 week high of $397.72. The firm has a market cap of $19.42 billion, a price-to-earnings ratio of 45.29, a P/E/G ratio of 1.53 and a beta of 1.30.

Carpenter Technology (NYSE:CRS) last posted its earnings results on Thursday, January 29th. The basic materials company reported $2.33 earnings per share for the quarter, topping the consensus estimate of $2.20 by $0.13. Carpenter Technology had a return on equity of 23.63% and a net margin of 14.77%.The firm had revenue of $728.00 million during the quarter, compared to analyst estimates of $733.76 million. During the same period in the previous year, the company earned $1.66 EPS. The company’s revenue for the quarter was up 7.5% on a year-over-year basis. As a group, equities research analysts expect that Carpenter Technology Corporation will post 6.83 earnings per share for the current fiscal year.

Carpenter Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 5th. Investors of record on Tuesday, January 27th will be issued a dividend of $0.20 per share. 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 is currently 9.29%.

Insiders Place Their Bets

In related news, COO Brian J. Malloy sold 43,688 shares of the firm’s stock in a transaction on 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 transaction, the chief operating officer directly owned 78,875 shares in the company, valued at approximately $24,013,493.75. This trade represents a 35.65% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, VP Elizabeth A. Socci sold 3,900 shares of Carpenter Technology stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $321.25, for a total transaction of $1,252,875.00. Following the completion of the transaction, the vice president owned 9,594 shares in the company, valued at $3,082,072.50. This trade represents a 28.90% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 79,358 shares of company stock worth $24,254,008 over the last quarter. 2.90% of the stock is currently owned by company insiders.

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.