Carpenter Technology (CRS) Expected to Announce Earnings on Thursday

Carpenter Technology (NYSE:CRS) is projected to issue its Q2 2026 results before the market opens on Thursday, January 29th. Analysts expect the company to announce earnings of $2.19 per share and revenue of $733.7570 million for the quarter. Parties may review the information on the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, January 29, 2026 at 10:00 AM ET.

Carpenter Technology (NYSE:CRS) last released its earnings results on Thursday, October 23rd. The basic materials company reported $2.43 earnings per share for the quarter, topping the consensus estimate of $2.13 by $0.30. The company had revenue of $733.70 million during the quarter, compared to the consensus estimate of $741.18 million. Carpenter Technology had a net margin of 14.30% and a return on equity of 22.68%. The company’s revenue was up 2.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.73 EPS. On average, analysts expect Carpenter Technology to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Carpenter Technology Stock Performance

Shares of Carpenter Technology stock opened at $335.85 on Thursday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 2.37 and a current ratio of 4.44. Carpenter Technology has a 1 year low of $138.61 and a 1 year high of $348.99. The firm’s 50-day simple moving average is $323.09 and its 200-day simple moving average is $284.18. The firm has a market cap of $16.73 billion, a PE ratio of 41.06, a price-to-earnings-growth ratio of 1.39 and a beta of 1.29.

Carpenter Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Tuesday, January 27th will be paid a dividend of $0.20 per share. The ex-dividend date is Tuesday, January 27th. This represents a $0.80 annualized dividend and a yield of 0.2%. Carpenter Technology’s dividend payout ratio is presently 9.78%.

Wall Street Analyst Weigh In

A number of research analysts have commented on CRS shares. KeyCorp raised Carpenter Technology from a “sector weight” rating to an “overweight” rating and set a $380.00 target price on the stock in a report on Thursday, November 13th. JPMorgan Chase & Co. raised their price objective on Carpenter Technology from $305.00 to $388.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 29th. TD Cowen reaffirmed a “buy” rating on shares of Carpenter Technology in a report on Friday, November 14th. Zacks Research lowered shares of Carpenter Technology from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 1st. Finally, Deutsche Bank Aktiengesellschaft set a $425.00 price target on shares of Carpenter Technology and gave the stock a “buy” rating in a research report on Friday, October 24th. Eight research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $371.14.

Insider Buying and Selling

In other Carpenter Technology news, VP Elizabeth A. Socci sold 3,900 shares of the firm’s stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $321.25, for a total value of $1,252,875.00. Following the sale, the vice president directly owned 9,594 shares in the company, valued at approximately $3,082,072.50. This trade represents a 28.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, COO Brian J. Malloy sold 43,688 shares of the business’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $304.45, for a total transaction of $13,300,811.60. Following the transaction, the chief operating officer directly owned 78,875 shares of the company’s stock, valued at approximately $24,013,493.75. This trade represents a 35.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 79,358 shares of company stock valued at $24,254,008 in the last 90 days. Insiders own 2.90% of the company’s stock.

Hedge Funds Weigh In On Carpenter Technology

Several hedge funds have recently modified their holdings of CRS. Geneos Wealth Management Inc. bought a new stake in shares of Carpenter Technology in the 2nd quarter worth $28,000. Headlands Technologies LLC acquired a new position in Carpenter Technology during the second quarter worth about $43,000. Rakuten Securities Inc. bought a new stake in Carpenter Technology in the second quarter worth about $45,000. Sunbelt Securities Inc. acquired a new stake in Carpenter Technology in the 3rd quarter valued at about $48,000. Finally, GeoWealth Management LLC acquired a new stake in Carpenter Technology in the 3rd quarter valued at about $49,000. 92.03% of the stock is currently owned by institutional investors and hedge funds.

Carpenter Technology Company Profile

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.