Zacks Research Has Positive Outlook for CRS Q3 Earnings

Carpenter Technology Co. (NYSE:CRS) – Equities researchers at Zacks Research boosted their Q3 2025 earnings per share estimates for Carpenter Technology in a report released on Thursday, February 20th. Zacks Research analyst S. Deb now anticipates that the basic materials company will earn $1.67 per share for the quarter, up from their prior forecast of $1.50. The consensus estimate for Carpenter Technology’s current full-year earnings is $6.83 per share. Zacks Research also issued estimates for Carpenter Technology’s Q4 2025 earnings at $1.86 EPS, FY2025 earnings at $6.92 EPS, Q1 2026 earnings at $1.88 EPS, Q2 2026 earnings at $1.80 EPS, Q3 2026 earnings at $1.89 EPS, Q4 2026 earnings at $2.19 EPS, Q1 2027 earnings at $2.14 EPS, Q2 2027 earnings at $2.09 EPS and FY2027 earnings at $9.11 EPS.

Several other research firms have also recently weighed in on CRS. JPMorgan Chase & Co. increased their price objective on Carpenter Technology from $235.00 to $240.00 and gave the company an “overweight” rating in a research report on Wednesday, February 19th. BTIG Research set a $230.00 price objective on Carpenter Technology in a research report on Friday, January 31st. One analyst has rated the stock with a sell rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $167.17.

Carpenter Technology Stock Down 0.3 %

CRS opened at $199.64 on Monday. Carpenter Technology has a 1-year low of $62.99 and a 1-year high of $213.65. The company has a current ratio of 3.80, a quick ratio of 1.92 and a debt-to-equity ratio of 0.40. The stock has a market capitalization of $9.97 billion, a price-to-earnings ratio of 37.67, a P/E/G ratio of 0.93 and a beta of 1.54. The business has a 50 day moving average of $189.91 and a 200-day moving average of $171.47.

Carpenter Technology (NYSE:CRS) last announced its earnings results on Thursday, January 30th. The basic materials company reported $1.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.58 by $0.08. Carpenter Technology had a return on equity of 19.88% and a net margin of 9.34%.

Carpenter Technology Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Friday, February 28th will be given a $0.20 dividend. The ex-dividend date of this dividend is Tuesday, January 28th. This represents a $0.80 annualized dividend and a yield of 0.40%. Carpenter Technology’s dividend payout ratio (DPR) is currently 15.09%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Ameriflex Group Inc. bought a new position in Carpenter Technology in the fourth quarter worth $44,000. Public Employees Retirement System of Ohio lifted its position in Carpenter Technology by 177.5% in the fourth quarter. Public Employees Retirement System of Ohio now owns 1,540 shares of the basic materials company’s stock worth $261,000 after purchasing an additional 985 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Carpenter Technology by 18.2% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 103,084 shares of the basic materials company’s stock worth $17,494,000 after purchasing an additional 15,853 shares during the period. Squarepoint Ops LLC bought a new position in Carpenter Technology in the fourth quarter worth $20,101,000. Finally, Two Sigma Advisers LP raised its stake in Carpenter Technology by 5.9% during the fourth quarter. Two Sigma Advisers LP now owns 1,800 shares of the basic materials company’s stock worth $305,000 after acquiring an additional 100 shares in the last quarter. 92.03% of the stock is owned by institutional investors.

About Carpenter Technology

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.