Recent Research Analysts’ Ratings Changes for Carpenter Technology (CRS)

Posted by on May 14th, 2026

Carpenter Technology (NYSE: CRS) recently received a number of ratings updates from brokerages and research firms:

  • 5/8/2026 – Carpenter Technology was upgraded by Weiss Ratings from “buy (b)” to “buy (b+)”.
  • 5/4/2026 – Carpenter Technology had its price target raised by KeyCorp from $453.00 to $459.00. They now have an “overweight” rating on the stock.
  • 5/4/2026 – Carpenter Technology had its price target raised by Wells Fargo & Company from $400.00 to $425.00. They now have an “equal weight” rating on the stock.
  • 4/30/2026 – Carpenter Technology had its “buy” rating reaffirmed by Deutsche Bank Aktiengesellschaft. They now have a $500.00 price target on the stock.
  • 4/30/2026 – Carpenter Technology had its price target raised by TD Cowen from $430.00 to $450.00. They now have a “buy” rating on the stock.
  • 4/30/2026 – Carpenter Technology had its price target raised by Susquehanna from $470.00 to $495.00. They now have a “positive” rating on the stock.
  • 4/30/2026 – Carpenter Technology had its price target raised by JPMorgan Chase & Co. from $465.00 to $470.00. They now have an “overweight” rating on the stock.
  • 4/30/2026 – Carpenter Technology had its price target raised by BTIG Research from $375.00 to $450.00. They now have a “buy” rating on the stock.
  • 4/24/2026 – Carpenter Technology had its “buy (b)” rating reaffirmed by Weiss Ratings.
  • 4/20/2026 – Carpenter Technology had its price target raised by JPMorgan Chase & Co. from $394.00 to $465.00. They now have an “overweight” rating on the stock.
  • 4/9/2026 – Carpenter Technology had its price target raised by KeyCorp from $380.00 to $453.00. They now have an “overweight” rating on the stock.
  • 4/1/2026 – Carpenter Technology is now covered by Wells Fargo & Company. They set an “equal weight” rating and a $400.00 price target on the stock.
  • 3/31/2026 – Carpenter Technology was upgraded by Wells Fargo & Company to “hold”.
  • 3/25/2026 – Carpenter Technology is now covered by KeyCorp. They set an “overweight” rating and a $380.00 price target on the stock.

Carpenter Technology Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Tuesday, April 28th will be given 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, April 28th. Carpenter Technology’s dividend payout ratio is presently 8.42%.

Insider Activity at Carpenter Technology

In other news, Director Steven E. Karol sold 3,500 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $381.12, for a total transaction of $1,333,920.00. Following the transaction, the director directly owned 225,381 shares in the company, valued at approximately $85,897,206.72. This represents a 1.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP James D. Dee sold 15,800 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $391.78, for a total transaction of $6,190,124.00. Following the transaction, the senior vice president owned 73,739 shares in the company, valued at $28,889,465.42. The trade was a 17.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 34,865 shares of company stock valued at $14,196,607 over the last ninety days. Company insiders own 2.90% of the company’s stock.

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.

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