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

Key Points

• Carpenter Technology is set to release its Q1 2026 earnings on October 23, 2025, with analysts predicting earnings of $2.13 per share and revenue of $741.18 million.
• The company recently declared a quarterly dividend of $0.20 per share, with an annualized yield of 0.3% and a payout ratio of 10.78%.
• Carpenter Technology has seen significant interest from institutional investors, with hedge funds like TOMS Capital and Raymond James expanding their stakes in the second quarter.

Carpenter Technology (NYSE:CRS - Get Free Report) is projected to issue its Q1 2026 results before the market opens on Thursday, October 23rd. Analysts expect the company to announce earnings of $2.13 per share and revenue of $741.1760 million for the quarter. Individuals are encouraged to explore the company's upcoming Q1 2026 earningoverview page for the latest details on the call scheduled for Thursday, October 23, 2025 at 10:00 AM ET.

Carpenter Technology (NYSE:CRS - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The basic materials company reported $2.21 EPS for the quarter, topping the consensus estimate of $2.03 by $0.18. Carpenter Technology had a return on equity of 21.50% and a net margin of 13.07%.The firm had revenue of $755.60 million for the quarter, compared to the consensus estimate of $790.73 million. During the same quarter last year, the company earned $1.82 earnings per share. The business's revenue for the quarter was down 5.4% compared to the same quarter last year. On average, analysts expect Carpenter Technology to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Carpenter Technology Stock Up 0.1%

CRS stock opened at $242.41 on Thursday. The business's 50-day moving average price is $244.60 and its 200-day moving average price is $236.46. The stock has a market cap of $12.08 billion, a P/E ratio of 32.67, a PEG ratio of 1.10 and a beta of 1.46. The company has a quick ratio of 2.01, a current ratio of 3.65 and a debt-to-equity ratio of 0.37. Carpenter Technology has a twelve month low of $138.61 and a twelve month high of $290.84.

Carpenter Technology Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Tuesday, October 21st will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Tuesday, October 21st. This represents a $0.80 annualized dividend and a yield of 0.3%. Carpenter Technology's payout ratio is currently 10.78%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on CRS. Weiss Ratings reissued a "buy (b+)" rating on shares of Carpenter Technology in a research note on Wednesday, October 8th. BTIG Research reaffirmed a "buy" rating on shares of Carpenter Technology in a report on Monday, August 4th. Finally, Zacks Research cut Carpenter Technology from a "strong-buy" rating to a "hold" rating in a report on Wednesday, October 1st. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $278.33.

Insider Buying and Selling

In related news, Director I Martin Inglis sold 5,691 shares of the firm's stock in a transaction on Monday, August 18th. The shares were sold at an average price of $244.54, for a total transaction of $1,391,677.14. Following the completion of the transaction, the director directly owned 6,732 shares of the company's stock, valued at approximately $1,646,243.28. This trade represents a 45.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Steven E. Karol sold 3,433 shares of the business's stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $245.78, for a total transaction of $843,762.74. Following the completion of the sale, the director owned 180,000 shares in the company, valued at approximately $44,240,400. The trade was a 1.87% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 28,124 shares of company stock worth $6,890,250. 2.90% of the stock is owned by insiders.

Hedge Funds Weigh In On Carpenter Technology

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. TOMS Capital Investment Management LP bought a new stake in Carpenter Technology in the 2nd quarter worth approximately $106,683,000. Raymond James Financial Inc. grew its holdings in shares of Carpenter Technology by 244.3% in the second quarter. Raymond James Financial Inc. now owns 411,277 shares of the basic materials company's stock valued at $113,669,000 after purchasing an additional 291,829 shares in the last quarter. Balyasny Asset Management L.P. grew its holdings in shares of Carpenter Technology by 885.7% in the second quarter. Balyasny Asset Management L.P. now owns 171,740 shares of the basic materials company's stock valued at $47,466,000 after purchasing an additional 154,317 shares in the last quarter. Duquesne Family Office LLC bought a new stake in Carpenter Technology in the second quarter worth $34,999,000. Finally, AQR Capital Management LLC raised its stake in Carpenter Technology by 261.0% during the second quarter. AQR Capital Management LLC now owns 153,961 shares of the basic materials company's stock valued at $42,552,000 after purchasing an additional 111,318 shares in the last quarter. 92.03% of the stock is 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.

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