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Carpenter Technology Corp. (NYSE:CRS) Director Thomas O. Hicks unloaded 142,184 shares of Carpenter Technology Corp. stock in a transaction dated Tuesday, May 27th. The stock was sold at an average price of $63.51, for a total transaction of $9,030,105.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Separately, analysts at Zacks upgraded shares of Carpenter Technology Corp. from an “underperform” rating to a “neutral” rating in a research note on Thursday, April 24th. They now have a $64.70 price target on the stock.

Shares of Carpenter Technology Corp. (NYSE:CRS) traded down 0.55% on Wednesday, hitting $62.95. 280,197 shares of the company’s stock traded hands. Carpenter Technology Corp. has a 52 week low of $43.91 and a 52 week high of $67.00. The stock’s 50-day moving average is $63.76 and its 200-day moving average is $61.57. The company has a market cap of $3.342 billion and a price-to-earnings ratio of 25.06.

Carpenter Technology Corp. (NYSE:CRS) last issued its quarterly earnings data on Thursday, April 24th. The company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.01. The company had revenue of $566.30 million for the quarter, compared to the consensus estimate of $563.04 million. During the same quarter in the previous year, the company posted $0.69 earnings per share. The company’s revenue for the quarter was down 2.6% on a year-over-year basis. On average, analysts predict that Carpenter Technology Corp. will post $2.52 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Thursday, June 5th. Investors of record on Tuesday, May 13th will be paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 1.14%. The ex-dividend date is Friday, May 9th.

Carpenter Technology Corporation (NYSE:CRS), is engaged in the manufacturing, fabrication and distribution of specialty metals.

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