Research Analysts’ Recent Ratings Changes for Carpenter Technology (CRS)

A number of firms have modified their ratings and price targets on shares of Carpenter Technology (NYSE: CRS) recently:

• 7/15/2026 – Carpenter Technology was upgraded by Zacks Research from “hold” to “strong-buy”.
• 7/14/2026 – Carpenter Technology had its price target raised by JPMorgan Chase & Co. from $470.00 to $705.00. They now have an “overweight” rating on the stock.
• 7/13/2026 – Carpenter Technology had its price target raised by TD Cowen from $470.00 to $650.00. They now have a “buy” rating on the stock.
• 7/9/2026 – Carpenter Technology had its price target raised by Susquehanna from $495.00 to $680.00. They now have a “positive” rating on the stock.
• 6/30/2026 – Carpenter Technology had its price target raised by KeyCorp from $459.00 to $644.00. They now have an “overweight” rating on the stock.
• 6/3/2026 – Carpenter Technology was downgraded by Weiss Ratings from “buy (b+)” to “buy (b)”.

Insiders Place Their Bets

In other news, VP Marshall D. Akins sold 11,815 shares of the stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $441.36, for a total transaction of $5,214,668.40. Following the completion of the transaction, the vice president directly owned 18,344 shares in the company, valued at $8,096,307.84. This represents a 39.18% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Anastasios John Hart sold 750 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $423.86, for a total value of $317,895.00. Following the transaction, the director directly owned 750 shares of the company’s stock, valued at $317,895. This trade represents a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 2.90% of the stock is currently owned by company insiders.

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.