Gateway Wealth Partners LLC Invests $385,000 in Carpenter Technology Corporation $CRS

Posted by Stanley Muller on Aug 1st, 2026

Gateway Wealth Partners LLC acquired a new position in Carpenter Technology Corporation (NYSE:CRS – Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 977 shares of the basic materials company’s stock, valued at approximately $385,000.

A number of other hedge funds have also recently made changes to their positions in CRS. Geneos Wealth Management Inc. acquired a new stake in Carpenter Technology in the 2nd quarter valued at approximately $28,000. Whittier Trust Co. of Nevada Inc. purchased a new stake in Carpenter Technology in the first quarter valued at approximately $30,000. SJS Investment Consulting Inc. lifted its stake in Carpenter Technology by 81.8% during the first quarter. SJS Investment Consulting Inc. now owns 80 shares of the basic materials company’s stock worth $32,000 after purchasing an additional 36 shares in the last quarter. Spire Wealth Management lifted its stake in Carpenter Technology by 164.7% during the fourth quarter. Spire Wealth Management now owns 135 shares of the basic materials company’s stock worth $42,000 after purchasing an additional 84 shares in the last quarter. Finally, Headlands Technologies LLC purchased a new position in shares of Carpenter Technology during the second quarter worth $43,000. Hedge funds and other institutional investors own 92.03% of the company’s stock.

Insider Activity

In related news, VP Marshall D. Akins sold 11,815 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $441.36, for a total transaction of $5,214,668.40. Following the sale, the vice president directly owned 18,344 shares in the company, valued at approximately $8,096,307.84. This represents a 39.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Anastasios John Hart sold 750 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $423.86, for a total transaction of $317,895.00. Following the sale, the director owned 750 shares in the company, valued at $317,895. The trade was a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 2.90% of the company’s stock.

Trending Headlines about Carpenter Technology

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

Positive Sentiment: Fiscal Q4 earnings exceeded expectations: Carpenter reported adjusted earnings of $3.23 per share, ahead of the $3.09 consensus estimate and up from $2.21 a year earlier. The company also posted 12.6% year-over-year revenue growth, supporting the market’s view that profitability is accelerating. CRS Q4 Earnings and Revenues Surpass Estimates
Positive Sentiment: Management outlined an ambitious growth trajectory: Carpenter entered fiscal 2027 with record profitability, improving aerospace demand and a fiscal 2029 operating-income target of $1.2 billion to $1.3 billion. The outlook reinforces expectations for sustained demand in aerospace and other high-performance materials markets. CRS Q4 Earnings Call Highlights Strong Growth Outlook
Positive Sentiment: BTIG became more bullish: BTIG raised its price target from $450 to $620 and assigned a “buy” rating, indicating confidence that Carpenter’s earnings growth and industry exposure can support further upside.
Neutral Sentiment: Analyst views remain positive but targets are being recalibrated: JPMorgan trimmed its target from $705 to $700 while maintaining an “overweight” rating, and Susquehanna reduced its target from $680 to $600 but retained a “positive” rating. These changes suggest valuation or near-term execution concerns, but neither firm turned bearish.
Negative Sentiment: Revenue performance was mixed relative to estimates: Carpenter reported quarterly revenue of $679.7 million. Although revenue increased year over year, it was below the $863.3 million consensus cited in one report, creating a potential concern despite the EPS beat and strong profitability.

Carpenter Technology Stock Up 3.2%

Shares of NYSE CRS opened at $520.02 on Friday. The stock has a market cap of $25.84 billion, a P/E ratio of 49.43, a PEG ratio of 1.42 and a beta of 1.22. The company has a current ratio of 3.81, a quick ratio of 2.08 and a debt-to-equity ratio of 0.31. Carpenter Technology Corporation has a 12-month low of $228.00 and a 12-month high of $625.98. The business’s fifty day simple moving average is $552.95 and its 200-day simple moving average is $446.84.

Carpenter Technology (NYSE:CRS – Get Free Report) last released its earnings results on Thursday, July 30th. The basic materials company reported $3.23 EPS for the quarter, topping the consensus estimate of $3.09 by $0.14. Carpenter Technology had a return on equity of 26.46% and a net margin of 16.96%.The firm had revenue of $679.70 million during the quarter, compared to analysts’ expectations of $863.33 million. During the same period in the previous year, the firm posted $2.21 EPS. Carpenter Technology’s revenue for the quarter was up 12.6% on a year-over-year basis. As a group, equities analysts predict that Carpenter Technology Corporation will post 12.81 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

CRS has been the subject of a number of research reports. BTIG Research lifted their price objective on Carpenter Technology from $450.00 to $620.00 and gave the company a “buy” rating in a research note on Friday. JPMorgan Chase & Co. decreased their target price on Carpenter Technology from $705.00 to $700.00 and set an “overweight” rating on the stock in a research note on Friday. TD Cowen increased their target price on Carpenter Technology from $470.00 to $650.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. Zacks Research upgraded Carpenter Technology from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 15th. Finally, Weiss Ratings downgraded Carpenter Technology from a “buy (b+)” rating to a “buy (b)” rating in a research report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $567.38.

Read Our Latest Stock Analysis on CRS

Carpenter Technology Company 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.