Carpenter Technology Corporation Declares Quarterly Cash Dividend of $0.20 per Share

Carpenter Technology Corporation announced a quarterly dividend of $0.20 per share, payable June 4, 2026.

Quiver AI Summary

Carpenter Technology Corporation announced a quarterly cash dividend of $0.20 per share, which will be payable on June 4, 2026, to shareholders recorded by April 28, 2026. The company, established in 1889, is a leader in high-performance specialty alloys and process solutions, serving critical industries such as aerospace, defense, and medical markets. Carpenter Technology specializes in materials like nickel, cobalt, and titanium, addressing both current and future material requirements. Further information can be accessed through their website.

Potential Positives

The declaration of a quarterly cash dividend of $0.20 per share demonstrates Carpenter Technology's commitment to returning value to its shareholders.
The dividend payment scheduled for June 4, 2026, signals financial stability and confidence in the company's ongoing profitability.
Being a recognized leader in high-performance specialty alloy materials positions Carpenter Technology favorably in critical markets such as aerospace, defense, and medical.
The company's long history since 1889 reflects its resilience and ability to adapt to market changes, enhancing its credibility with investors and stakeholders.

Potential Negatives

Declaring a cash dividend may indicate limited reinvestment opportunities or growth potential, raising concerns among investors about the company's ability to fund future projects or innovations.
The relatively low dividend amount of $0.20 per share may not be sufficient to attract or retain investors, especially in a competitive market where higher returns are possible.

FAQ

What is the quarterly cash dividend declared by Carpenter Technology?

Carpenter Technology has declared a quarterly cash dividend of $0.20 per share of common stock.

When will the cash dividend be paid to shareholders?

The cash dividend will be payable on June 4, 2026, to shareholders of record on April 28, 2026.

What markets does Carpenter Technology serve?

Carpenter Technology serves critical applications in aerospace and defense, medical, and other markets.

When was Carpenter Technology founded?

Carpenter Technology Corporation was founded in 1889.

Where can I find more information about Carpenter Technology?

More information about Carpenter Technology can be found at their official website, https://www.carpentertechnology.com/.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

$CRS Insider Trading Activity

$CRS insiders have traded $CRS stock on the open market 26 times in the past 6 months. Of those trades, 0 have been purchases and 26 have been sales.

Here’s a breakdown of recent trading of $CRS stock by insiders over the last 6 months:

BRIAN J MALLOY (President and COO) has made 0 purchases and 19 sales selling 75,458 shares for an estimated $23,001,395.
JAMES D DEE (SVP, Gen Counsel & Sec) has made 0 purchases and 3 sales selling 15,800 shares for an estimated $6,190,095.
STEVEN E KAROL has made 0 purchases and 2 sales selling 6,500 shares for an estimated $2,473,929.
ELIZABETH A SOCCI (VP, Contr & Ch Acctg Officer) sold 3,900 shares for an estimated $1,252,860
RAMIN YOUNESSI sold 1,300 shares for an estimated $399,347

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$CRS Revenue

$CRS had revenues of $728M in Q2 2026. This is an increase of 7.55% from the same period in the prior year.

You can track CRS financials on Quiver Quantitative's CRS stock page.

$CRS Congressional Stock Trading

Members of Congress have traded $CRS stock 3 times in the past 6 months. Of those trades, 3 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $CRS stock by members of Congress over the last 6 months:

SENATOR MARKWAYNE MULLIN has traded it 3 times. They made 3 purchases worth up to $150,000 on 02/04, 01/05 and 0 sales.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$CRS Hedge Fund Activity

We have seen 322 institutional investors add shares of $CRS stock to their portfolio, and 283 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

LONE PINE CAPITAL LLC added 1,312,938 shares (+inf%) to their portfolio in Q4 2025, for an estimated $413,365,399
SANDS CAPITAL MANAGEMENT, LLC added 621,684 shares (+inf%) to their portfolio in Q4 2025, for an estimated $195,730,990
ASPEX MANAGEMENT (HK) LTD removed 554,758 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $174,660,008
D1 CAPITAL PARTNERS L.P. removed 505,329 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $159,097,782
TEMASEK HOLDINGS (PRIVATE) LTD removed 462,933 shares (-77.6%) from their portfolio in Q4 2025, for an estimated $145,749,825
NORGES BANK added 443,535 shares (+251.1%) to their portfolio in Q4 2025, for an estimated $139,642,559
FMR LLC added 429,812 shares (+12.7%) to their portfolio in Q4 2025, for an estimated $135,322,010

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$CRS Analyst Ratings

Wall Street analysts have issued reports on $CRS in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

JP Morgan issued a "Overweight" rating on 01/30/2026
Keybanc issued a "Overweight" rating on 11/13/2025
TD Cowen issued a "Buy" rating on 10/24/2025
Jones Trading issued a "Buy" rating on 10/22/2025

To track analyst ratings and price targets for $CRS, check out Quiver Quantitative's $CRS forecast page.

$CRS Price Targets

Multiple analysts have issued price targets for $CRS recently. We have seen 8 analysts offer price targets for $CRS in the last 6 months, with a median target of $397.0.

Here are some recent targets:

Michael Leshock from Keybanc set a target price of $453.0 on 04/09/2026
David Strauss from Wells Fargo set a target price of $400.0 on 04/01/2026
Charles Minervino from Susquehanna set a target price of $470.0 on 03/03/2026
Andre Madrid from BTIG set a target price of $375.0 on 01/30/2026
Bennett Moore from JP Morgan set a target price of $394.0 on 01/30/2026
Gautam Khanna from TD Cowen set a target price of $340.0 on 10/24/2025
Josh Sullivan from Jones Trading set a target price of $400.0 on 10/22/2025

Full Release

PHILADELPHIA, April 17, 2026 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share of common stock, payable June 4, 2026, to shareholders of record on April 28, 2026.

About Carpenter Technology
Carpenter Technology Corporation is a recognized leader in high-performance specialty alloy materials and process solutions for critical applications in the aerospace and defense, medical, and other markets. Founded in 1889, Carpenter Technology has evolved to become a pioneer in premium specialty alloys including nickel, cobalt, and titanium and material process capabilities that solve our customers' current and future material challenges. More information about Carpenter Technology can be found at https://www.carpentertechnology.com/ .

Investor Inquiries: John Huyette +1 610-208-2061 [email protected]	Media Inquiries: Heather Beardsley +1 610-208-2278 [email protected]