Bull Harbor Capital LLC Takes $554,000 Position in Carpenter Technology Corporation $CRS

Posted by Geri Gentry on Jul 31st, 2026

Bull Harbor Capital LLC bought a new position in shares of Carpenter Technology Corporation (NYSE:CRS – Free Report) during the first quarter, Holdings Channel reports. The firm bought 1,405 shares of the basic materials company’s stock, valued at approximately $554,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Amundi increased its holdings in Carpenter Technology by 126.9% during the first quarter. Amundi now owns 6,639 shares of the basic materials company’s stock worth $2,617,000 after buying an additional 3,713 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in Carpenter Technology by 47.1% in the first quarter. EverSource Wealth Advisors LLC now owns 759 shares of the basic materials company’s stock valued at $299,000 after acquiring an additional 243 shares during the last quarter. California State Teachers Retirement System increased its stake in shares of Carpenter Technology by 22.3% during the 1st quarter. California State Teachers Retirement System now owns 57,662 shares of the basic materials company’s stock worth $22,727,000 after purchasing an additional 10,521 shares during the last quarter. Riposte Capital LLC bought a new stake in shares of Carpenter Technology in the 1st quarter worth approximately $9,854,000. Finally, Royal Bank of Canada raised its holdings in shares of Carpenter Technology by 22.5% in the 1st quarter. Royal Bank of Canada now owns 35,870 shares of the basic materials company’s stock worth $14,138,000 after purchasing an additional 6,584 shares during the period. 92.03% of the stock is owned by hedge funds and other institutional investors.

Carpenter Technology Price Performance

Carpenter Technology stock opened at $501.80 on Friday. The firm has a market capitalization of $24.93 billion, a P/E ratio of 52.82, a PEG ratio of 1.49 and a beta of 1.22. Carpenter Technology Corporation has a one year low of $228.00 and a one year high of $625.98. The company has a debt-to-equity ratio of 0.33, a current ratio of 3.73 and a quick ratio of 2.08. The business has a fifty day moving average price of $551.23 and a 200-day moving average price of $446.32.

Carpenter Technology (NYSE:CRS – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.09 by $0.14. Carpenter Technology had a return on equity of 25.02% and a net margin of 15.82%.The business had revenue of $679.70 million for the quarter, compared to analysts’ expectations of $863.33 million. During the same quarter in the prior year, the firm posted $2.21 EPS. The firm’s quarterly revenue was up 12.6% on a year-over-year basis. As a group, equities research analysts forecast that Carpenter Technology Corporation will post 10.58 EPS for the current year.

Insider Activity

In other news, VP Marshall D. Akins sold 11,815 shares of the 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 sale, the vice president directly owned 18,344 shares of the company’s stock, valued at approximately $8,096,307.84. This represents a 39.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Anastasios John Hart sold 750 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $423.86, for a total transaction of $317,895.00. Following the completion of the transaction, the director owned 750 shares of the company’s stock, valued at $317,895. This trade represents a 50.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 2.90% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. TD Cowen increased their price objective on Carpenter Technology from $470.00 to $650.00 and gave the company a “buy” rating in a report on Monday, July 13th. Susquehanna boosted their target price on Carpenter Technology from $495.00 to $680.00 and gave the company a “positive” rating in a research note on Thursday, July 9th. Zacks Research raised Carpenter Technology from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 15th. KeyCorp lifted their price objective on Carpenter Technology from $459.00 to $644.00 and gave the stock an “overweight” rating in a report on Tuesday, June 30th. Finally, BTIG Research boosted their price objective on Carpenter Technology from $375.00 to $450.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Carpenter Technology currently has an average rating of “Buy” and a consensus price target of $556.75.

Check Out Our Latest Analysis on CRS

About Carpenter Technology

(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.