Zacks Research Has Positive Outlook for CRS Q3 Earnings

Carpenter Technology Co. (NYSE:CRS) – Analysts at Zacks Research lifted their Q3 2025 earnings estimates for shares of Carpenter Technology in a research report issued on Thursday, February 20th. Zacks Research analyst S. Deb now expects that the basic materials company will post earnings of $1.67 per share for the quarter, up from their prior forecast of $1.50. The consensus estimate for Carpenter Technology’s current full-year earnings is $6.83 per share. Zacks Research also issued estimates for Carpenter Technology’s Q4 2025 earnings at $1.86 EPS, FY2025 earnings at $6.92 EPS, Q1 2026 earnings at $1.88 EPS, Q2 2026 earnings at $1.80 EPS, Q3 2026 earnings at $1.89 EPS, Q4 2026 earnings at $2.19 EPS, Q1 2027 earnings at $2.14 EPS, Q2 2027 earnings at $2.09 EPS and FY2027 earnings at $9.11 EPS.

Other equities research analysts have also issued reports about the stock. JPMorgan Chase & Co. upped their price objective on shares of Carpenter Technology from $235.00 to $240.00 and gave the company an “overweight” rating in a research note on Wednesday, February 19th. BTIG Research set a $230.00 price objective on shares of Carpenter Technology in a research note on Friday, January 31st. One equities research analyst has rated the stock with a sell rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $167.17.

Carpenter Technology Trading Down 6.2 %

NYSE:CRS opened at $195.21 on Monday. The firm’s fifty day moving average is $188.87 and its 200-day moving average is $170.62. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.92 and a current ratio of 3.80. Carpenter Technology has a 52 week low of $62.99 and a 52 week high of $213.65. The firm has a market cap of $9.75 billion, a P/E ratio of 36.83, a P/E/G ratio of 0.93 and a beta of 1.54.

Carpenter Technology (NYSE:CRS) last posted its quarterly earnings data on Thursday, January 30th. The basic materials company reported $1.66 EPS for the quarter, beating analysts’ consensus estimates of $1.58 by $0.08. Carpenter Technology had a net margin of 9.34% and a return on equity of 19.88%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. FMR LLC raised its holdings in Carpenter Technology by 47.1% during the third quarter. FMR LLC now owns 3,465,295 shares of the basic materials company’s stock worth $552,992,000 after buying an additional 1,108,963 shares during the last quarter. SurgoCap Partners LP raised its holdings in Carpenter Technology by 117.6% during the fourth quarter. SurgoCap Partners LP now owns 1,442,069 shares of the basic materials company’s stock worth $244,734,000 after buying an additional 779,357 shares during the last quarter. Norges Bank acquired a new position in Carpenter Technology during the fourth quarter worth $100,505,000. Allspring Global Investments Holdings LLC raised its holdings in Carpenter Technology by 428.4% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 592,034 shares of the basic materials company’s stock worth $103,714,000 after buying an additional 479,985 shares during the last quarter. Finally, Freestone Grove Partners LP acquired a new position in Carpenter Technology during the fourth quarter worth $69,285,000. 92.03% of the stock is owned by institutional investors.

Carpenter Technology Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Friday, February 28th will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 0.41%. The ex-dividend date is Tuesday, January 28th. Carpenter Technology’s dividend payout ratio is presently 15.09%.

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.