Carpenter Technology (CRS) Projected to Post 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 Carpenter Technology to post earnings of $2.19 per share and revenue of $733.7570 million for the quarter. Investors can check the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, January 29, 2026 at 10:00 AM ET.

Carpenter Technology (NYSE:CRS) last announced its quarterly earnings data on Thursday, October 23rd. The basic materials company reported $2.43 earnings per share for the quarter, topping the consensus estimate of $2.13 by $0.30. Carpenter Technology had a net margin of 14.30% and a return on equity of 22.68%. The business had revenue of $733.70 million for the quarter, compared to analyst estimates of $741.18 million. During the same period in the prior year, the firm posted $1.73 EPS. The company’s revenue was up 2.2% on a year-over-year basis. 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 Performance

Shares of CRS stock opened at $335.85 on Thursday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 2.37 and a current ratio of 4.44. The firm has a market capitalization of $16.73 billion, a price-to-earnings ratio of 41.06, a price-to-earnings-growth ratio of 1.39 and a beta of 1.29. Carpenter Technology has a one year low of $138.61 and a one year high of $348.99. The company has a 50 day moving average price of $323.09 and a 200 day moving average price of $284.18.

Carpenter Technology Dividend Announcement

The company also recently disclosed 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 is Tuesday, January 27th. Carpenter Technology’s dividend payout ratio is presently 9.78%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on CRS shares. Jones Trading assumed coverage on Carpenter Technology in a research report on Wednesday, October 22nd. They set a “buy” rating and a $400.00 price target for the company. Weiss Ratings restated a “buy (b)” rating on shares of Carpenter Technology in a report on Thursday, October 30th. Zacks Research downgraded shares of Carpenter Technology from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 1st. TD Cowen reissued a “buy” rating on shares of Carpenter Technology in a research note on Friday, November 14th. Finally, KeyCorp raised shares of Carpenter Technology from a “sector weight” rating to an “overweight” rating and set a $380.00 price target for the company in a research report on Thursday, November 13th. Eight analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Carpenter Technology has a consensus rating of “Moderate Buy” and an average target price of $371.14.

Insiders Place Their Bets

In other news, COO Brian J. Malloy sold 43,688 shares of the company’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $304.45, for a total value of $13,300,811.60. Following the completion of the transaction, the chief operating officer directly owned 78,875 shares in the company, valued at approximately $24,013,493.75. This represents a 35.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Elizabeth A. Socci sold 3,900 shares of Carpenter Technology stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $321.25, for a total transaction 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. This trade represents a 28.90% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 79,358 shares of company stock worth $24,254,008. Corporate insiders own 2.90% of the company’s stock.

Institutional Trading of Carpenter Technology

A number of hedge funds and other institutional investors have recently modified their holdings of CRS. State Street Corp boosted its holdings in Carpenter Technology by 10.1% in the third quarter. State Street Corp now owns 2,096,145 shares of the basic materials company’s stock valued at $514,687,000 after purchasing an additional 192,533 shares during the last quarter. SurgoCap Partners LP increased its holdings in Carpenter Technology by 29.5% during the 3rd quarter. SurgoCap Partners LP now owns 1,198,895 shares of the basic materials company’s stock worth $294,377,000 after purchasing an additional 272,896 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of Carpenter Technology by 20.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 631,088 shares of the basic materials company’s stock valued at $154,840,000 after purchasing an additional 107,552 shares in the last quarter. Qube Research & Technologies Ltd boosted its stake in shares of Carpenter Technology by 111.6% during the 3rd quarter. Qube Research & Technologies Ltd now owns 617,948 shares of the basic materials company’s stock valued at $151,731,000 after buying an additional 325,919 shares during the last quarter. Finally, Raymond James Financial Inc. grew its position in shares of Carpenter Technology by 8.4% during the third quarter. Raymond James Financial Inc. now owns 445,640 shares of the basic materials company’s stock worth $109,422,000 after buying an additional 34,363 shares in the last quarter. 92.03% of the stock is owned by hedge funds and other institutional investors.

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.