Carpenter Technology (CRS) news

Third Point reduces TDS, CRS, AMZN, MTZ in 2Q: 13F

Daniel Loeb’s Third Point LLC disclosed its second-quarter 2026 portfolio through an SEC 13F filing dated August 14, 2026, revealing reduced stakes in several key holdings compared to the prior quarter. The top five positions in the $4.65 billion portfolio as of June 30, 2026, include Warner Bros…

Carpenter Technology reports added $1.0B share buyback program

Carpenter Technology Corporation (NYSE: CRS) has announced an expansion of its share repurchase program, increasing the total authorization to $1.0 billion from the previous $400.0 million. The updated program reflects the company's balanced approach to capital allocation . The company executed…

Carpenter Technology Corporation: Wells Fargo raises target price to $540 from $425

Carpenter Technology Corp: BTIG raises target price to $620 from $450

Carpenter Technology Corporation (NYSE: CRS) has seen recent analyst activity as BTIG raised its price target for the stock to $620 from $450, maintaining a Buy rating on the shares. The firm cited improved visibility into continued earnings growth beyond current targets and management's indication…

Carpenter Technology Corp: JP Morgan cuts target price to $700 from $705

JP Morgan has revised its price target for Carpenter Technology Corp (CRS), lowering it to $700 from the previous $705. The adjustment reflects the firm’s updated assessment of the company’s near-term outlook amid evolving market conditions. The stock 2.9% decline from the previous session .…