Carpenter Technology (CRS) Expected to Release Earnings on Thursday

Carpenter Technology (NYSE:CRS) is expected to be announcing 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. Parties may visit the the company’s upcoming Q4 2026 earning results page for the latest details on the call scheduled for Thursday, July 30, 2026 at 10:00 AM ET.

Carpenter Technology (NYSE:CRS) last posted its earnings results on Wednesday, April 29th. The basic materials company reported $2.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.59 by $0.18. The business had revenue of $655.60 million for the quarter, compared to analyst estimates of $797.00 million. Carpenter Technology had a net margin of 15.82% and a return on equity of 25.02%. Carpenter Technology’s revenue was up 11.6% compared to the same quarter last year. During the same period last year, the business 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 4.0%

Carpenter Technology stock opened at $579.52 on Tuesday. The company has a debt-to-equity ratio of 0.33, a current ratio of 3.73 and a quick ratio of 2.08. Carpenter Technology has a fifty-two week low of $228.00 and a fifty-two week high of $625.98. The firm has a fifty day moving average price of $544.68 and a two-hundred day moving average price of $442.08. The firm has a market cap of $28.80 billion, a price-to-earnings ratio of 61.00, a P/E/G ratio of 1.70 and a beta of 1.22.

Insider Buying and Selling at Carpenter Technology

In other news, Director Anastasios John Hart sold 750 shares of the stock in a transaction on Monday, May 4th. The shares were sold at an average price of $423.86, for a total value of $317,895.00. Following the completion of the transaction, the director owned 750 shares in the company, valued at approximately $317,895. This represents a 50.00% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Marshall D. Akins sold 11,815 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $441.36, for a total transaction of $5,214,668.40. Following the transaction, the vice president directly owned 18,344 shares of the company’s stock, valued at $8,096,307.84. The trade was a 39.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 2.90% of the company’s stock.

Institutional Investors Weigh In On Carpenter Technology

Several large investors have recently modified their holdings of CRS. TOMS Capital Investment Management LP bought a new position in shares of Carpenter Technology during the 2nd quarter worth approximately $106,683,000. Invesco Ltd. grew its position in Carpenter Technology by 18.8% in the fourth quarter. Invesco Ltd. now owns 2,071,657 shares of the basic materials company’s stock valued at $652,241,000 after acquiring an additional 327,302 shares during the period. Qube Research & Technologies Ltd raised its stake in Carpenter Technology by 111.6% during the third quarter. Qube Research & Technologies Ltd now owns 617,948 shares of the basic materials company’s stock worth $151,731,000 after acquiring an additional 325,919 shares in the last quarter. Raymond James Financial Inc. raised its stake in Carpenter Technology by 244.3% during the second quarter. Raymond James Financial Inc. now owns 411,277 shares of the basic materials company’s stock worth $113,669,000 after acquiring an additional 291,829 shares in the last quarter. Finally, SurgoCap Partners LP lifted its holdings in shares of Carpenter Technology by 29.5% during the third quarter. SurgoCap Partners LP now owns 1,198,895 shares of the basic materials company’s stock valued at $294,377,000 after acquiring an additional 272,896 shares during the period. 92.03% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on CRS. Wells Fargo & Company boosted their price objective on Carpenter Technology from $400.00 to $425.00 and gave the stock an “equal weight” rating in a research report on Monday, May 4th. TD Cowen upped their price target on Carpenter Technology from $470.00 to $650.00 and gave the stock a “buy” rating in a report on Monday, July 13th. BTIG Research raised their price objective on shares of Carpenter Technology from $375.00 to $450.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. KeyCorp raised their price objective on shares of Carpenter Technology from $459.00 to $644.00 and gave the stock an “overweight” rating in a research note on Tuesday, June 30th. Finally, Weiss Ratings lowered 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 given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $556.75.

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.