Investment Analysts’ Weekly Ratings Updates for Carpenter Technology (CRS)

A number of firms have modified their ratings and price targets on shares of Carpenter Technology (NYSE: CRS) recently:

• 10/26/2026 – Carpenter Technology was downgraded by KeyCorp from “overweight” to “sector weight”.
• 10/24/2026 – Carpenter Technology was upgraded by Wall Street Zen from “hold” to “buy”.
• 10/23/2026 – Carpenter Technology had its “positive” rating reaffirmed by Susquehanna. They now have a $450.00 price target on the stock.
• 10/23/2026 – Carpenter Technology had its price target lowered by BTIG Research from $620.00 to $470.00. They now have a “buy” rating on the stock.
• 10/22/2026 – Carpenter Technology was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
• 10/14/2026 – Carpenter Technology had its price target lowered by JPMorgan Chase & Co. from $700.00 to $520.00. They now have an “overweight” rating on the stock.
• 10/10/2026 – Carpenter Technology was downgraded by Wall Street Zen from “buy” to “hold”.
• 10/9/2026 – Carpenter Technology had its price target lowered by TD Cowen from $650.00 to $500.00. They now have a “buy” rating on the stock.
• 10/8/2026 – Carpenter Technology had its price target lowered by KeyCorp from $608.00 to $465.00. They now have an “overweight” rating on the stock.
• 9/30/2026 – Carpenter Technology had its price target lowered by Wells Fargo & Company from $540.00 to $430.00. They now have an “equal weight” rating on the stock.
• 9/15/2026 – Carpenter Technology was downgraded by Zacks Research from “strong-buy” to “hold”.
• 9/12/2026 – Carpenter Technology was upgraded by Wall Street Zen from “hold” to “buy”.
• 8/31/2026 – Carpenter Technology had its “buy (b)” rating reaffirmed by Weiss Ratings.

Carpenter Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 3rd. Shareholders of record on Tuesday, October 20th will be given a dividend of $0.20 per share. The ex-dividend date is Tuesday, October 20th. This represents a $0.80 dividend on an annualized basis and a yield of 0.3%. Carpenter Technology’s dividend payout ratio is presently 7.05%.

Insider Transactions at Carpenter Technology

In other Carpenter Technology news, CEO Tony R. Thene sold 57,456 shares of the business’s stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $483.90, for a total transaction of $27,802,958.40. Following the transaction, the chief executive officer owned 439,631 shares in the company, valued at approximately $212,737,440.90. The trade was a 11.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Steven E. Karol sold 3,275 shares of the stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $474.08, for a total value of $1,552,612.00. Following the transaction, the director directly owned 177,000 shares of the company’s stock, valued at approximately $83,912,160. This trade represents a 1.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 112,996 shares of company stock worth $54,644,436. Company insiders own 2.90% of the company’s stock.

Carpenter Technology Corporation is a manufacturer of premium specialty metals and engineered materials for demanding applications. The company produces stainless steels, nickel- and cobalt-based alloys, titanium, powder metals, and other high-performance materials designed to withstand extreme temperatures, corrosion, stress, and wear.

Its products are used in aerospace and defense, medical devices, energy, transportation, industrial equipment, and other specialized markets. Carpenter Technology supplies materials in forms such as bar, wire, strip, sheet, and powder, and also provides processing and engineered component solutions through its performance-engineered products operations.

Founded in 1889 as Carpenter Steel Company, the company has developed a global customer base supported by manufacturing, research, and service operations in the United States and international markets.