Recent Research Analysts’ Ratings Changes for Carpenter Technology (CRS)

A number of research firms have changed their ratings and price targets for Carpenter Technology (NYSE: CRS):

• 11/4/2026 – Carpenter Technology was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
• 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”.

Carpenter Technology Price Performance

Shares of NYSE CRS traded up $7.53 during trading hours on Wednesday, hitting $304.90. 789,925 shares of the stock were exchanged, compared to its average volume of 821,627. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.05 and a current ratio of 3.94. The company has a market cap of $15.11 billion, a PE ratio of 26.89, a price-to-earnings-growth ratio of 1.08 and a beta of 1.43. The company’s fifty day simple moving average is $374.03 and its two-hundred day simple moving average is $441.03. Carpenter Technology Corporation has a 1-year low of $270.49 and a 1-year high of $625.98.

Carpenter Technology (NYSE:CRS) last announced its quarterly earnings data on Thursday, October 22nd. The basic materials company reported $3.25 EPS for the quarter, beating the consensus estimate of $3.04 by $0.21. Carpenter Technology had a net margin of 17.87% and a return on equity of 27.50%. The business had revenue of $634.80 million during the quarter, compared to the consensus estimate of $830.85 million. During the same period in the previous year, the business earned $2.43 earnings per share. The company’s revenue was up 8.8% on a year-over-year basis. On average, sell-side analysts predict that Carpenter Technology Corporation will post 13.41 EPS for the current year.

Carpenter Technology Dividend Announcement

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

Insider Buying and Selling

In related news, CEO Tony Thene sold 57,456 shares of the firm’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $483.90, for a total value of $27,802,958.40. Following the sale, the chief executive officer directly owned 439,631 shares of the company’s stock, valued at $212,737,440.90. This trade represents a 11.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Steven Karol sold 3,275 shares of the firm’s stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $474.08, for a total value of $1,552,612.00. Following the completion of the sale, the director directly owned 177,000 shares in the company, valued at $83,912,160. This trade represents a 1.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 112,996 shares of company stock worth $54,644,436 in the last ninety days. 2.90% of the stock is owned by insiders.

Carpenter Technology Corporation develops, manufactures and distributes specialty alloys and engineered materials for applications that require high performance in demanding environments. Its products include specialty steels, nickel- and cobalt-based alloys, titanium alloys, and precision-engineered components. The company serves customers in industries including aerospace and defense, medical, energy, transportation and industrial manufacturing. Its materials are used in products and equipment where strength, heat resistance, corrosion resistance or other specialized properties are important.