Sen. Markwayne Mullin Purchases Shares of Carpenter Technology Corporation (NYSE:CRS)

Posted by ABMN Staff on Feb 5th, 2026

Senator Markwayne Mullin (R-Oklahoma) recently bought shares of Carpenter Technology Corporation (NYSE:CRS). In a filing disclosed on February 04th, the Senator disclosed that they had bought between $15,001 and $50,000 in Carpenter Technology stock on January 5th.

Senator Markwayne Mullin also recently made the following trade(s):

Purchased $15,001 – $50,000 in shares of McKesson (NYSE:MCK) on 1/5/2026.
Purchased $15,001 – $50,000 in shares of Stride (NYSE:LRN) on 1/5/2026.
Purchased $15,001 – $50,000 in shares of APi Group (NYSE:APG) on 1/5/2026.
Purchased $15,001 – $50,000 in shares of Adobe (NASDAQ:ADBE) on 1/5/2026.
Purchased $15,001 – $50,000 in shares of Amkor Technology (NASDAQ:AMKR) on 1/5/2026.
Purchased $15,001 – $50,000 in shares of Monolithic Power Systems (NASDAQ:MPWR) on 1/5/2026.
Purchased $15,001 – $50,000 in shares of Citigroup (NYSE:C) on 1/5/2026.
Purchased $15,001 – $50,000 in shares of VSE (NASDAQ:VSEC) on 1/5/2026.
Purchased $15,001 – $50,000 in shares of FirstCash (NASDAQ:FCFS) on 1/5/2026.
Purchased $15,001 – $50,000 in shares of Deere & Company (NYSE:DE) on 12/29/2025.

Carpenter Technology Price Performance

Carpenter Technology stock opened at $334.34 on Thursday. Carpenter Technology Corporation has a one year low of $138.61 and a one year high of $355.00. The business has a fifty day moving average price of $325.15 and a 200-day moving average price of $287.76. The company has a debt-to-equity ratio of 0.35, a current ratio of 4.25 and a quick ratio of 2.26. The firm has a market capitalization of $16.65 billion, a P/E ratio of 38.83, a PEG ratio of 1.34 and a beta of 1.30.

Carpenter Technology (NYSE:CRS – Get Free Report) last posted its earnings results on Thursday, January 29th. The basic materials company reported $2.33 earnings per share for the quarter, beating analysts’ consensus estimates of $2.20 by $0.13. Carpenter Technology had a return on equity of 23.63% and a net margin of 14.77%.The business had revenue of $589.10 million during the quarter, compared to analyst estimates of $733.76 million. During the same quarter in the previous year, the firm earned $1.66 EPS. The company’s quarterly revenue was up 7.5% compared to the same quarter last year. As a group, equities research analysts forecast that Carpenter Technology Corporation will post 6.83 EPS for the current year.

Carpenter Technology Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Tuesday, January 27th will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Tuesday, January 27th. Carpenter Technology’s dividend payout ratio (DPR) is presently 9.29%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. KeyCorp raised Carpenter Technology from a “sector weight” rating to an “overweight” rating and set a $380.00 price objective for the company in a research note on Thursday, November 13th. TD Cowen reiterated a “buy” rating on shares of Carpenter Technology in a report on Friday, November 14th. Wall Street Zen upgraded shares of Carpenter Technology from a “hold” rating to a “buy” rating in a report on Saturday, January 31st. Jones Trading initiated coverage on Carpenter Technology in a report on Wednesday, October 22nd. They set a “buy” rating and a $400.00 price target on the stock. Finally, Deutsche Bank Aktiengesellschaft set a $425.00 price target on shares of Carpenter Technology and gave the company a “buy” rating in a report on Friday, October 24th. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $373.43.

Get Our Latest Research Report on CRS

Insider Buying and Selling at Carpenter Technology

In other Carpenter Technology news, VP Elizabeth A. Socci sold 3,900 shares of Carpenter Technology stock in a transaction that occurred 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 owned 9,594 shares of the company’s stock, valued at $3,082,072.50. The trade was a 28.90% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, COO Brian J. Malloy sold 43,688 shares of the business’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $304.45, for a total transaction of $13,300,811.60. Following the completion of the sale, the chief operating officer owned 78,875 shares in the company, valued at $24,013,493.75. This represents a 35.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 79,358 shares of company stock valued at $24,254,008 over the last ninety days. 2.90% of the stock is currently owned by corporate insiders.

Institutional Trading of Carpenter Technology

Institutional investors and hedge funds have recently modified their holdings of the business. Geneos Wealth Management Inc. purchased a new stake in Carpenter Technology in the second quarter worth approximately $28,000. Armstrong Advisory Group Inc. increased its holdings in Carpenter Technology by 57.3% in the 4th quarter. Armstrong Advisory Group Inc. now owns 118 shares of the basic materials company’s stock worth $37,000 after acquiring an additional 43 shares in the last quarter. Root Financial Partners LLC purchased a new stake in shares of Carpenter Technology in the third quarter worth $41,000. MassMutual Private Wealth & Trust FSB increased its stake in Carpenter Technology by 54.1% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 171 shares of the basic materials company’s stock worth $42,000 after buying an additional 60 shares in the last quarter. Finally, Spire Wealth Management grew its position in shares of Carpenter Technology by 164.7% during the fourth quarter. Spire Wealth Management now owns 135 shares of the basic materials company’s stock worth $42,000 after purchasing an additional 84 shares in the last quarter. Institutional investors own 92.03% of the company’s stock.

About Senator Mullin

Markwayne Mullin (Republican Party) is a member of the U.S. Senate from Oklahoma. He assumed office on January 11, 2023. His current term ends on January 3, 2027. Mullin (Republican Party) ran in a special election to the U.S. Senate to represent Oklahoma. He won in the special general election on November 8, 2022. Mullin is a member of the Cherokee Nation and one of four Native American members of the 116th Congress. At the age of 20, Mullin took over his father’s plumbing business. He is also a former professional mixed martial artist. Markwayne Mullin graduated from Stilwell High School. Mullin earned an associate degree in construction technology from Oklahoma State University Institute of Technology. His career experience includes owning and founding multiple businesses.

Carpenter Technology Company Profile

(Get 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.