Handelsbanken Fonder AB Has $10.63 Million Stock Holdings in Carpenter Technology Corporation $CRS

Posted by George Bondi on Aug 14th, 2026

Handelsbanken Fonder AB boosted its holdings in shares of Carpenter Technology Corporation (NYSE:CRS – Free Report) by 21.4% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 17,240 shares of the basic materials company’s stock after acquiring an additional 3,040 shares during the period. Handelsbanken Fonder AB’s holdings in Carpenter Technology were worth $10,634,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Covestor Ltd boosted its stake in Carpenter Technology by 334.3% during the 4th quarter. Covestor Ltd now owns 3,492 shares of the basic materials company’s stock valued at $1,099,000 after purchasing an additional 2,688 shares during the last quarter. Peregrine Asset Advisers Inc. purchased a new stake in shares of Carpenter Technology in the fourth quarter worth approximately $4,062,000. SteelPeak Wealth LLC bought a new position in shares of Carpenter Technology in the first quarter valued at approximately $2,593,000. Royal Bank of Canada lifted its holdings in shares of Carpenter Technology by 22.5% in the first quarter. Royal Bank of Canada now owns 35,870 shares of the basic materials company’s stock valued at $14,138,000 after purchasing an additional 6,584 shares in the last quarter. Finally, Brookstone Capital Management purchased a new position in shares of Carpenter Technology during the first quarter valued at approximately $2,876,000. 92.03% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages recently issued reports on CRS. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $500.00 price target on shares of Carpenter Technology in a report on Thursday, April 30th. Wells Fargo & Company lifted their price objective on shares of Carpenter Technology from $425.00 to $540.00 and gave the stock an “equal weight” rating in a report on Tuesday, August 4th. Weiss Ratings lowered shares of Carpenter Technology from a “buy (b+)” rating to a “buy (b)” rating in a research note on Wednesday, June 3rd. TD Cowen increased their target price on shares of Carpenter Technology from $470.00 to $650.00 and gave the company a “buy” rating in a report on Monday, July 13th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Carpenter Technology from $705.00 to $700.00 and set an “overweight” rating on the stock in a research report on Friday, July 31st. 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. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $577.25.

Check Out Our Latest Stock Report on CRS

Carpenter Technology Stock Performance

CRS stock opened at $535.17 on Friday. The company has a quick ratio of 2.23, a current ratio of 3.81 and a debt-to-equity ratio of 0.31. The firm has a market cap of $26.59 billion, a PE ratio of 50.87, a P/E/G ratio of 1.92 and a beta of 1.25. The business has a 50 day moving average of $567.80 and a 200-day moving average of $461.68. Carpenter Technology Corporation has a 12-month low of $228.00 and a 12-month high of $625.98.

Carpenter Technology (NYSE:CRS – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The basic materials company reported $3.23 EPS for the quarter, topping analysts’ consensus estimates of $3.09 by $0.14. Carpenter Technology had a return on equity of 26.46% and a net margin of 16.96%.The business had revenue of $679.70 million for the quarter, compared to analyst estimates of $863.33 million. During the same period last year, the company posted $2.21 earnings per share. Carpenter Technology’s quarterly revenue was up 12.6% compared to the same quarter last year. As a group, sell-side analysts expect that Carpenter Technology Corporation will post 12.92 earnings per share for the current year.

Carpenter Technology Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Tuesday, August 25th will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Tuesday, August 25th. Carpenter Technology’s payout ratio is presently 7.60%.

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.