Carpenter Technology (CRS) Expected to Announce Quarterly Earnings on Thursday

Carpenter Technology (NYSE:CRS) is expected to be posting its Q2 2026 results before the market opens on Thursday, January 29th. Analysts expect the company to announce earnings of $2.19 per share and revenue of $733.7570 million for the quarter. Individuals are encouraged to explore the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, January 29, 2026 at 10:00 AM ET.

Carpenter Technology Price Performance

Shares of NYSE CRS opened at $347.14 on Wednesday. The firm has a market cap of $17.29 billion, a P/E ratio of 42.44, a PEG ratio of 1.46 and a beta of 1.29. Carpenter Technology has a twelve month low of $138.61 and a twelve month high of $355.00. The company has a quick ratio of 2.37, a current ratio of 4.44 and a debt-to-equity ratio of 0.36. The company has a 50 day moving average of $324.21 and a 200 day moving average of $286.04.

Carpenter Technology Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Tuesday, January 27th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Tuesday, January 27th. Carpenter Technology’s dividend payout ratio (DPR) is presently 9.78%.

Wall Street Analyst Weigh In

A number of research firms have issued reports on CRS. BTIG Research boosted their price target on Carpenter Technology from $305.00 to $365.00 and gave the company a “buy” rating in a research note on Monday, October 27th. Deutsche Bank Aktiengesellschaft set a $425.00 target price on shares of Carpenter Technology and gave the company a “buy” rating in a research note on Friday, October 24th. TD Cowen reaffirmed a “buy” rating on shares of Carpenter Technology in a report on Friday, November 14th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Carpenter Technology in a report on Thursday, October 30th. Finally, JPMorgan Chase & Co. lifted their target price on Carpenter Technology from $305.00 to $388.00 and gave the stock an “overweight” rating in a report on Wednesday, October 29th. Eight research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $371.14.

Insider Activity

In other news, VP Elizabeth A. Socci sold 3,900 shares of the business’s stock in a transaction dated Wednesday, November 26th. The shares were sold at an average price of $321.25, for a total value of $1,252,875.00. Following the sale, the vice president directly owned 9,594 shares in the company, valued at $3,082,072.50. The trade was a 28.90% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Brian J. Malloy sold 4,130 shares of the company’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $303.52, for a total value of $1,253,537.60. Following the completion of the transaction, the chief operating officer directly owned 78,875 shares of the company’s stock, valued at $23,940,140. The trade was a 4.98% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 79,358 shares of company stock valued at $24,254,008. Company insiders own 2.90% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Geneos Wealth Management Inc. acquired a new position in shares of Carpenter Technology in the second quarter valued at approximately $28,000. Headlands Technologies LLC acquired a new position in shares of Carpenter Technology during the second quarter worth $43,000. Rakuten Securities Inc. bought a new position in shares of Carpenter Technology in the 2nd quarter valued at $45,000. Sunbelt Securities Inc. acquired a new stake in shares of Carpenter Technology during the 3rd quarter valued at $48,000. Finally, GeoWealth Management LLC bought a new stake in Carpenter Technology during the 3rd quarter worth $49,000. 92.03% of the stock is owned by hedge funds and other 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.