Q2 EPS Estimate for Carpenter Technology Boosted by Analyst

Carpenter Technology Co. (NYSE:CRS) – Analysts at Zacks Research raised their Q2 2025 EPS estimates for Carpenter Technology in a note issued to investors on Thursday, November 14th. Zacks Research analyst S. Deb now anticipates that the basic materials company will post earnings of $1.45 per share for the quarter, up from their previous estimate of $1.26. The consensus estimate for Carpenter Technology’s current full-year earnings is $6.68 per share. Zacks Research also issued estimates for Carpenter Technology’s Q3 2025 earnings at $1.50 EPS, Q4 2025 earnings at $1.73 EPS, Q3 2026 earnings at $1.71 EPS and Q4 2026 earnings at $2.00 EPS.

Carpenter Technology (NYSE:CRS) last issued its earnings results on Thursday, October 24th. The basic materials company reported $1.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.58 by $0.15. The company had revenue of $717.60 million during the quarter, compared to analyst estimates of $742.96 million. Carpenter Technology had a return on equity of 18.01% and a net margin of 8.05%. The firm’s quarterly revenue was up 10.1% on a year-over-year basis. During the same quarter last year, the business posted $0.88 EPS.

Several other analysts have also recently commented on CRS. BTIG Research lifted their price objective on shares of Carpenter Technology from $120.00 to $165.00 and gave the company a “buy” rating in a research note on Tuesday, July 30th. Benchmark restated a “buy” rating and set a $175.00 target price on shares of Carpenter Technology in a research report on Friday, October 25th. One analyst has rated the stock with a sell rating and four have issued a buy rating to the company. Based on data from MarketBeat, Carpenter Technology has an average rating of “Moderate Buy” and a consensus price target of $139.60.

Carpenter Technology Trading Up 2.2 %

Shares of NYSE:CRS opened at $179.33 on Monday. The business has a 50-day moving average price of $159.17 and a 200-day moving average price of $133.54. The stock has a market cap of $8.94 billion, a price-to-earnings ratio of 39.94, a PEG ratio of 0.88 and a beta of 1.46. Carpenter Technology has a 52-week low of $58.87 and a 52-week high of $182.52. The company has a quick ratio of 2.00, a current ratio of 3.84 and a debt-to-equity ratio of 0.42.

Carpenter Technology Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Tuesday, October 22nd will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 0.45%. The ex-dividend date of this dividend is Tuesday, October 22nd. Carpenter Technology’s dividend payout ratio (DPR) is 17.82%.

Institutional Trading of Carpenter Technology

A number of hedge funds have recently added to or reduced their stakes in CRS. Strengthening Families & Communities LLC grew its holdings in Carpenter Technology by 0.6% in the third quarter. Strengthening Families & Communities LLC now owns 17,314 shares of the basic materials company’s stock valued at $2,763,000 after purchasing an additional 100 shares during the period. CWM LLC grew its stake in Carpenter Technology by 12.6% in the 2nd quarter. CWM LLC now owns 921 shares of the basic materials company’s stock valued at $101,000 after acquiring an additional 103 shares during the period. GAMMA Investing LLC increased its holdings in Carpenter Technology by 9.2% in the 2nd quarter. GAMMA Investing LLC now owns 1,614 shares of the basic materials company’s stock worth $177,000 after acquiring an additional 136 shares in the last quarter. KBC Group NV raised its position in Carpenter Technology by 13.5% during the third quarter. KBC Group NV now owns 1,355 shares of the basic materials company’s stock worth $216,000 after acquiring an additional 161 shares during the period. Finally, Arete Wealth Advisors LLC lifted its holdings in Carpenter Technology by 7.5% during the third quarter. Arete Wealth Advisors LLC now owns 2,423 shares of the basic materials company’s stock valued at $384,000 after purchasing an additional 169 shares in the last quarter. 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.