Carpenter Technology Corporation $CRS Shares Acquired by TD Waterhouse Canada Inc.

Posted by Francis Steltz on Sep 6th, 2026

TD Waterhouse Canada Inc. lifted its stake in Carpenter Technology Corporation (NYSE:CRS – Free Report) by 1,235.9% in the second quarter, HoldingsChannel reports. The firm owned 12,237 shares of the basic materials company’s stock after acquiring an additional 11,321 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Carpenter Technology were worth $7,464,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Concurrent Investment Advisors LLC increased its holdings in Carpenter Technology by 287.2% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 21,206 shares of the basic materials company’s stock worth $13,081,000 after purchasing an additional 15,729 shares during the period. Power Wealth Management LLC purchased a new position in shares of Carpenter Technology in the 2nd quarter valued at about $399,000. Strengthening Families & Communities LLC boosted its stake in shares of Carpenter Technology by 0.6% in the 2nd quarter. Strengthening Families & Communities LLC now owns 13,531 shares of the basic materials company’s stock valued at $8,346,000 after buying an additional 75 shares during the period. Greenspring Advisors LLC acquired a new position in shares of Carpenter Technology during the second quarter worth about $271,000. Finally, Nykredit A S acquired a new position in shares of Carpenter Technology during the second quarter worth about $998,000. 92.03% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Carpenter Technology

In other Carpenter Technology news, CEO Tony R. Thene sold 57,456 shares of Carpenter Technology stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $483.90, for a total value of $27,802,958.40. Following the transaction, the chief executive officer directly owned 439,631 shares in the company, valued at approximately $212,737,440.90. This trade represents a 11.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Ramin Younessi sold 438 shares of the business’s stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $493.15, for a total value of $215,999.70. Following the completion of the transaction, the director directly owned 1,953 shares in the company, valued at approximately $963,121.95. The trade was a 18.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 109,721 shares of company stock valued at $53,091,824. 2.90% of the stock is owned by company insiders.

Carpenter Technology Stock Performance

Shares of Carpenter Technology stock opened at $476.34 on Friday. The firm’s fifty day simple moving average is $546.01 and its 200-day simple moving average is $477.19. Carpenter Technology Corporation has a 12 month low of $228.00 and a 12 month high of $625.98. The stock has a market capitalization of $23.61 billion, a price-to-earnings ratio of 45.28, a PEG ratio of 1.68 and a beta of 1.26. The company has a debt-to-equity ratio of 0.31, a current ratio of 3.81 and a quick ratio of 2.23.

Carpenter Technology (NYSE:CRS – Get Free Report) last announced its earnings results on Thursday, July 30th. The basic materials company reported $3.23 EPS for the quarter, beating analysts’ consensus estimates of $3.09 by $0.14. Carpenter Technology had a net margin of 16.96% and a return on equity of 26.46%. The business had revenue of $679.70 million during the quarter, compared to analysts’ expectations of $863.33 million. During the same period in the prior year, the company earned $2.21 earnings per share. The business’s revenue was up 12.6% compared to the same quarter last year. As a group, equities analysts forecast that Carpenter Technology Corporation will post 13.28 earnings per share for the current year.

Carpenter Technology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Tuesday, August 25th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 0.2%. The ex-dividend date was Tuesday, August 25th. Carpenter Technology’s payout ratio is 7.60%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on CRS. TD Cowen raised 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. Weiss Ratings reiterated a “buy (b)” rating on shares of Carpenter Technology in a report on Monday, August 31st. BTIG Research boosted their price target on shares of Carpenter Technology from $450.00 to $620.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Susquehanna dropped their price objective on shares of Carpenter Technology from $680.00 to $600.00 and set a “positive” rating on the stock in a research report on Friday, July 31st. Finally, KeyCorp reduced their price objective on shares of Carpenter Technology from $644.00 to $608.00 and set an “overweight” rating on the stock in a report on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $577.25.

Check Out Our Latest Stock 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.