Lisanti Capital Growth LLC Acquires New Position in Carpenter Technology Corporation $CRS

Posted by Stanley Muller on Aug 20th, 2026

Lisanti Capital Growth LLC purchased a new position in shares of Carpenter Technology Corporation (NYSE:CRS – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 11,665 shares of the basic materials company’s stock, valued at approximately $7,195,000. Carpenter Technology makes up about 1.6% of Lisanti Capital Growth LLC’s portfolio, making the stock its 10th biggest holding.

A number of other hedge funds have also recently made changes to their positions in CRS. Geneos Wealth Management Inc. bought a new stake in shares of Carpenter Technology in the 2nd quarter valued at about $28,000. Whittier Trust Co. of Nevada Inc. bought a new stake in Carpenter Technology in the first quarter valued at approximately $30,000. SJS Investment Consulting Inc. boosted its stake in shares of Carpenter Technology by 81.8% during the first quarter. SJS Investment Consulting Inc. now owns 80 shares of the basic materials company’s stock valued at $32,000 after purchasing an additional 36 shares during the period. Headlands Technologies LLC bought a new position in shares of Carpenter Technology in the second quarter worth approximately $43,000. Finally, Rakuten Securities Inc. purchased a new position in shares of Carpenter Technology in the second quarter worth $45,000. 92.03% of the stock is currently owned by institutional investors.

Carpenter Technology Stock Performance

Carpenter Technology stock opened at $509.03 on Thursday. 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 company has a market capitalization of $25.23 billion, a P/E ratio of 48.39, a PEG ratio of 1.93 and a beta of 1.25. The stock’s 50 day moving average is $569.66 and its 200 day moving average is $467.22. Carpenter Technology Corporation has a twelve month low of $228.00 and a twelve month high of $625.98.

Carpenter Technology (NYSE:CRS – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.23 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $863.33 million. During the same quarter in the previous year, the business earned $2.21 earnings per share. The firm’s quarterly revenue was up 12.6% compared to the same quarter last year. On average, equities research analysts predict that Carpenter Technology Corporation will post 12.92 earnings per share for the current fiscal year.

Carpenter Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders 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 yield of 0.2%. The ex-dividend date is Tuesday, August 25th. Carpenter Technology’s dividend payout ratio (DPR) is currently 7.60%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on CRS shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $500.00 target price on shares of Carpenter Technology in a report on Thursday, April 30th. BTIG Research upped their price target on Carpenter Technology from $450.00 to $620.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Wells Fargo & Company increased their price objective on 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 Carpenter Technology from a “buy (b+)” rating to a “buy (b)” rating in a research report on Wednesday, June 3rd. Finally, Susquehanna reduced their target price on Carpenter Technology from $680.00 to $600.00 and set a “positive” rating on the stock in a research note on Friday, July 31st. One research 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 company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average target price of $577.25.

Read Our Latest Research Report 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.