Stock events for Carpenter Technology Corp. (CRS)
In the past six months, Carpenter Technology Corp. stock has seen a substantial increase. Key events include the Q2 FY2026 Earnings Report where the company reported adjusted earnings per diluted share surpassing analyst expectations, despite which shares dipped due to operating income guidance revision. The company announced a quarterly dividend. Several analysts have upgraded their ratings and raised price targets for CRS. The company's GICS reclassification to the aerospace and defense sector aligns with its strategic focus. Carpenter Technology closed a senior notes offering aimed at supporting capital expenditures and debt management. There have been insider sales by Brian J. Malloy and Tony R. Thene.
Demand Seasonality affecting Carpenter Technology Corp.’s stock price
Demand for Carpenter Technology Corp.'s products exhibits some seasonality, influenced by operational schedules and customer behavior around holidays and year-end. Some customers with direct exposure to the Boeing 737 platform have adopted a wait-and-see approach. Demand remains strong in the aerospace and defense, and medical markets, with the company operating at 100% capacity. The energy market also shows consistent customer demand.
Overview of Carpenter Technology Corp.’s business
Carpenter Technology Corp. is a global leader in high-performance specialty alloy-based materials and process solutions, operating in the Materials sector, specifically in the Metals & Mining industry, and also classified under Aerospace and Defense. The company manufactures, fabricates, and distributes specialty metals through two primary segments: Specialty Alloys Operations (SAO) and Performance Engineered Products (PEP). Major products include stainless steels, titanium alloys, nickel-based superalloys, powder metallurgy products, metal powders for additive manufacturing, and precision engineered components, crucial for applications in aerospace and defense, medical, energy, transportation, and industrial and consumer sectors.
CRS’s Geographic footprint
Carpenter Technology Corporation maintains a global presence with manufacturing operations primarily located in the United States, including Reading and Latrobe, Pennsylvania, as well as South Carolina and Alabama. Service and distribution centers are located across the United States, Canada, Mexico, Europe, and Asia.
CRS Corporate Image Assessment
Information specifically detailing Carpenter Technology Corp.'s brand reputation or significant events that have affected its public perception in the past year is not readily available. The available data focuses on financial performance, market positioning, and stock-related news rather than broader brand sentiment or reputation management.
Ownership
Carpenter Technology Corp. has significant institutional ownership, with major holders including BlackRock, Inc., Vanguard Group Inc., and Fmr Llc. Insiders, including Brian J. Malloy and Tony R. Thene, collectively own a small percentage of the company.
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$381.44