Lisanti Capital Growth LLC Boosts Holdings in Carpenter Technology Corporation $CRS

Posted by on May 24th, 2026

Lisanti Capital Growth LLC raised its stake in shares of Carpenter Technology Corporation (NYSE:CRS – Free Report) by 47.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 28,625 shares of the basic materials company’s stock after acquiring an additional 9,160 shares during the quarter. Carpenter Technology accounts for 2.1% of Lisanti Capital Growth LLC’s holdings, making the stock its 2nd largest position. Lisanti Capital Growth LLC’s holdings in Carpenter Technology were worth $9,012,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in CRS. Geneos Wealth Management Inc. bought a new position in shares of Carpenter Technology during the 2nd quarter worth about $28,000. Armstrong Advisory Group Inc. increased its holdings in shares of Carpenter Technology by 57.3% during the 4th quarter. Armstrong Advisory Group Inc. now owns 118 shares of the basic materials company’s stock worth $37,000 after purchasing an additional 43 shares during the period. Root Financial Partners LLC bought a new position in shares of Carpenter Technology during the 3rd quarter worth about $41,000. Spire Wealth Management increased its holdings in shares of Carpenter Technology by 164.7% during the 4th quarter. Spire Wealth Management now owns 135 shares of the basic materials company’s stock worth $42,000 after purchasing an additional 84 shares during the period. Finally, Headlands Technologies LLC bought a new position in shares of Carpenter Technology during the 2nd quarter worth about $43,000. Institutional investors own 92.03% of the company’s stock.

Carpenter Technology News Roundup

Here are the key news stories impacting Carpenter Technology this week:

  • Positive Sentiment: Zacks Research raised Carpenter Technology’s earnings estimates for several future periods, including FY2026, FY2027, FY2028, and multiple quarterly forecasts, suggesting stronger profit momentum ahead.
  • Positive Sentiment: Barron’s published a bullish view titled “This Stock Will Melt Up,” arguing that earnings momentum, pricing power, and barriers to entry could support significant upside from here. Barron’s article on Carpenter Technology
  • Positive Sentiment: Carpenter Technology has outperformed many basic materials peers year to date, reinforcing the market’s view that its fundamentals are better than the sector average. Zacks article on CRS performance vs peers
  • Neutral Sentiment: Analyst revisions were mixed in the latest note set, with some near-term estimates nudged up and one Q4 2027 estimate trimmed, but the overall direction remained positive.

Insider Buying and Selling at Carpenter Technology

In other Carpenter Technology news, VP Marshall D. Akins sold 11,815 shares of the business’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $441.36, for a total value of $5,214,668.40. Following the transaction, the vice president directly owned 18,344 shares in the company, valued at $8,096,307.84. The trade was a 39.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 28,365 shares of company stock worth $11,722,687 over the last ninety days. Corporate insiders own 2.90% of the company’s stock.

Carpenter Technology Price Performance

NYSE:CRS opened at $434.10 on Friday. The firm has a market cap of $21.57 billion, a PE ratio of 45.69, a price-to-earnings-growth ratio of 1.61 and a beta of 1.24. Carpenter Technology Corporation has a 12 month low of $219.58 and a 12 month high of $475.69. The company has a quick ratio of 2.08, a current ratio of 3.73 and a debt-to-equity ratio of 0.33. The company’s 50-day moving average price is $413.19 and its two-hundred day moving average price is $365.85.

Carpenter Technology (NYSE:CRS – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The basic materials company reported $2.77 EPS for the quarter, beating analysts’ consensus estimates of $2.59 by $0.18. The firm had revenue of $655.60 million for the quarter, compared to analyst estimates of $797.00 million. Carpenter Technology had a net margin of 15.82% and a return on equity of 25.02%. The company’s revenue for the quarter was up 11.6% compared to the same quarter last year. During the same period in the previous year, the business earned $1.88 earnings per share. On average, equities analysts anticipate that Carpenter Technology Corporation will post 10.49 EPS for the current fiscal year.

Carpenter Technology Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Tuesday, April 28th will be given a $0.20 dividend. The ex-dividend date is Tuesday, April 28th. This represents a $0.80 dividend on an annualized basis and a yield of 0.2%. Carpenter Technology’s payout ratio is 8.42%.

Analysts Set New Price Targets

Several research firms have recently issued reports on CRS. KeyCorp boosted their price objective on shares of Carpenter Technology from $453.00 to $459.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. JPMorgan Chase & Co. upped their target price on shares of Carpenter Technology from $465.00 to $470.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. TD Cowen upped their target price on shares of Carpenter Technology from $450.00 to $470.00 and gave the company a “buy” rating in a research note on Friday. Wells Fargo & Company upped their target price on shares of Carpenter Technology from $400.00 to $425.00 and gave the company an “equal weight” rating in a research note on Monday, May 4th. Finally, Weiss Ratings raised shares of Carpenter Technology from a “buy (b)” rating to a “buy (b+)” rating in a research note on Friday, May 8th. Nine investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Carpenter Technology has a consensus rating of “Moderate Buy” and an average target price of $441.00.

Check Out Our Latest Report on Carpenter Technology

Carpenter Technology Profile

(Free Report)

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.

Featured Articles

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Institutional Ownership by Quarter for Carpenter Technology (NYSE:CRS)

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