Carpenter Technology (CRS) Projected to Release Quarterly Earnings on Thursday

Carpenter Technology (NYSE:CRS) will likely be posting its Q4 2026 results before the market opens on Thursday, July 30th. Analysts expect the company to post earnings of $3.09 per share and revenue of $863.3310 million for the quarter. Investors may visit the the company’s upcoming Q4 2026 earning summary page for the latest details on the call scheduled for Thursday, July 30, 2026 at 10:00 AM ET.

Carpenter Technology (NYSE:CRS) last released its quarterly earnings data on Wednesday, April 29th. The basic materials company reported $2.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.59 by $0.18. The business had revenue of $655.60 million for the quarter, compared to the consensus estimate of $797.00 million. Carpenter Technology had a return on equity of 25.02% and a net margin of 15.82%.The company’s revenue was up 11.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.88 EPS. On average, analysts expect Carpenter Technology to post $11 EPS for the current fiscal year and $13 EPS for the next fiscal year.

Carpenter Technology Stock Down 3.5%

Shares of CRS opened at $559.97 on Wednesday. The company has a debt-to-equity ratio of 0.33, a current ratio of 3.73 and a quick ratio of 2.08. The stock has a market capitalization of $27.82 billion, a price-to-earnings ratio of 58.94, a price-to-earnings-growth ratio of 1.63 and a beta of 1.22. Carpenter Technology has a 1 year low of $228.00 and a 1 year high of $625.98. The business’s 50 day simple moving average is $547.77 and its 200-day simple moving average is $443.63.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on CRS. KeyCorp boosted their price target on shares of Carpenter Technology from $459.00 to $644.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 30th. Susquehanna lifted their price objective on shares of Carpenter Technology from $495.00 to $680.00 and gave the stock a “positive” rating in a research note on Thursday, July 9th. Zacks Research upgraded shares of Carpenter Technology from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 15th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $500.00 target price on shares of Carpenter Technology in a report on Thursday, April 30th. Finally, Weiss Ratings cut shares of Carpenter Technology from a “buy (b+)” rating to a “buy (b)” rating in a research report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $556.75.

Insider Buying and Selling at Carpenter Technology

In other Carpenter Technology news, Director Anastasios John Hart sold 750 shares of the business’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $423.86, for a total transaction of $317,895.00. Following the transaction, the director owned 750 shares in the company, valued at $317,895. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Marshall D. Akins sold 11,815 shares of the stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $441.36, for a total transaction of $5,214,668.40. Following the completion of the sale, the vice president directly owned 18,344 shares in the company, valued at approximately $8,096,307.84. This represents a 39.18% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 2.90% of the company’s stock.

Hedge Funds Weigh In On Carpenter Technology

Several hedge funds have recently added to or reduced their stakes in the company. Meeder Advisory Services Inc. raised its holdings in shares of Carpenter Technology by 3.7% in the 4th quarter. Meeder Advisory Services Inc. now owns 889 shares of the basic materials company’s stock valued at $280,000 after buying an additional 32 shares during the period. Abel Hall LLC boosted its holdings in Carpenter Technology by 3.2% during the 4th quarter. Abel Hall LLC now owns 1,019 shares of the basic materials company’s stock valued at $321,000 after acquiring an additional 32 shares during the period. Vontobel Holding Ltd. boosted its holdings in Carpenter Technology by 1.9% during the 4th quarter. Vontobel Holding Ltd. now owns 2,457 shares of the basic materials company’s stock valued at $774,000 after acquiring an additional 46 shares during the period. Lazard Asset Management LLC grew its position in Carpenter Technology by 7.7% in the 2nd quarter. Lazard Asset Management LLC now owns 857 shares of the basic materials company’s stock valued at $236,000 after acquiring an additional 61 shares in the last quarter. Finally, ARK Investment Management LLC grew its position in Carpenter Technology by 26.1% in the 4th quarter. ARK Investment Management LLC now owns 304 shares of the basic materials company’s stock valued at $96,000 after acquiring an additional 63 shares in the last quarter. 92.03% of the stock is currently owned by institutional investors.

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.