15,583 Shares in Carpenter Technology Corporation $CRS Purchased by Lombard Odier Asset Management Europe Ltd

Posted by Brian Himes on Aug 29th, 2026

Lombard Odier Asset Management Europe Ltd bought a new position in shares of Carpenter Technology Corporation (NYSE:CRS – Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 15,583 shares of the basic materials company’s stock, valued at approximately $9,612,000.

Other large investors have also recently bought and sold shares of the company. BlackRock Inc. bought a new position in shares of Carpenter Technology during the second quarter worth approximately $3,834,623,000. Jennison Associates LLC bought a new stake in shares of Carpenter Technology in the first quarter valued at about $317,411,000. SurgoCap Partners LP bought a new stake in shares of Carpenter Technology in the second quarter valued at about $423,444,000. Sands Capital Management LLC acquired a new position in shares of Carpenter Technology in the fourth quarter valued at about $195,731,000. Finally, Norges Bank acquired a new position in shares of Carpenter Technology in the fourth quarter valued at about $195,254,000. 92.03% of the stock is owned by institutional investors.

Carpenter Technology Stock Performance

Shares of Carpenter Technology stock opened at $477.32 on Friday. The company has a market cap of $23.66 billion, a P/E ratio of 45.37, a PEG ratio of 1.76 and a beta of 1.25. The business has a 50-day moving average price of $557.70 and a two-hundred day moving average price of $473.62. The company has a current ratio of 3.81, a quick ratio of 2.23 and a debt-to-equity ratio of 0.31. Carpenter Technology Corporation has a 1-year low of $228.00 and a 1-year 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 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.09 by $0.14. The firm had revenue of $679.70 million for the quarter, compared to analyst estimates of $863.33 million. Carpenter Technology had a return on equity of 26.46% and a net margin of 16.96%.The company’s revenue was up 12.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.21 earnings per share. As a group, analysts anticipate that Carpenter Technology Corporation will post 13.08 EPS for the current year.

Carpenter Technology Announces Dividend

The company 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 $0.20 dividend. The ex-dividend date is Tuesday, August 25th. This represents a $0.80 annualized dividend and a dividend yield of 0.2%. Carpenter Technology’s dividend payout ratio (DPR) is currently 7.60%.

Insider Activity

In other news, CEO Tony R. Thene sold 57,456 shares of the company’s stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $483.90, for a total transaction of $27,802,958.40. Following the transaction, the chief executive officer directly owned 439,631 shares of the company’s stock, valued at $212,737,440.90. This represents a 11.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Ramin Younessi sold 438 shares of the company’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $493.15, for a total transaction of $215,999.70. Following the transaction, the director owned 1,953 shares in the company, valued at approximately $963,121.95. The trade was a 18.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 109,721 shares of company stock valued at $53,091,824. 2.90% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have commented on CRS. TD Cowen raised their price objective on Carpenter Technology from $470.00 to $650.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. Susquehanna lowered their price objective on shares of Carpenter Technology from $680.00 to $600.00 and set a “positive” rating for the company in a research report on Friday, July 31st. Wall Street Zen downgraded Carpenter Technology from a “buy” rating to a “hold” rating in a research report on Saturday, August 22nd. BTIG Research lifted their price target on Carpenter Technology from $450.00 to $620.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Finally, JPMorgan Chase & Co. reduced their price target on Carpenter Technology from $705.00 to $700.00 and set an “overweight” rating on the stock in a report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $577.25.

Read Our Latest Analysis on Carpenter Technology

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.