Kane Investment Management Inc. has made a significant investment in Carpenter Technology Corporation, purchasing a stake valued at approximately $618,000. This acquisition, disclosed in the firm’s recent Form 13F filing with the U.S. Securities and Exchange Commission (SEC), involved the purchase of 2,206 shares of the company listed on the New York Stock Exchange under the ticker CRS.
Other institutional investors have also adjusted their positions in Carpenter Technology recently. Radnor Capital Management LLC increased its stake by 3.3% during the second quarter, bringing its total holdings to 1,240 shares valued at $343,000 after acquiring an additional 40 shares. Similarly, M&T Bank Corp raised its position by 3.9% in the first quarter, now owning 1,541 shares worth approximately $279,000 after purchasing an additional 58 shares.
KLP Kapitalforvaltning AS and Gabelli Funds LLC also reported increases in their stakes during the first quarter, with KLP adding 100 shares to reach a total of 9,600 shares valued at $1,739,000, and Gabelli acquiring an additional 100 shares, bringing its total to 10,600 shares valued at $1,921,000. Additionally, TLWM raised its stake by 1.1% in the second quarter, now holding 10,274 shares worth $2,840,000. Overall, institutional investors control a substantial 92.03% of Carpenter Technology’s stock.
Market Performance and Dividend Announcement
As of last Friday, shares of Carpenter Technology opened at $330.36. The company boasts a market capitalization of $16.46 billion, a price-to-earnings (PE) ratio of 40.39, and a price-to-earnings-growth (PEG) ratio of 1.41. Its financial stability is reflected in a quick ratio of 2.37 and a current ratio of 4.44, alongside a debt-to-equity ratio of 0.36. Over the past year, the stock has fluctuated between a low of $138.61 and a high of $342.11. The fifty-day moving average stands at $269.64, while the two-hundred day moving average is $256.32.
In addition to its investment news, Carpenter Technology has announced a quarterly dividend of $0.20 per share, set to be paid on December 4, 2025. Shareholders of record on October 21, 2025 will receive this dividend, which amounts to an annualized total of $0.80 and a yield of 0.2%. The company’s dividend payout ratio is currently 9.78%.
Analyst Ratings and Insider Trading Activity
Recent analyst ratings reflect a positive outlook for Carpenter Technology. TD Cowen revised its target price from $305.00 to $340.00 and assigned a “buy” rating. Conversely, Zacks Research downgraded the stock from a “strong-buy” to a “hold” rating. BTIG Research increased its price target to $365.00 and reiterated a “buy” rating. Deutsche Bank Aktiengesellschaft has set an ambitious target of $425.00 for the stock, while JPMorgan Chase & Co. raised its target to $388.00. The consensus among analysts shows nine ratings as “buy” and two as “hold,” resulting in an average target price of $371.14 according to MarketBeat.
In a separate development regarding insider trading, Director Steven E. Karol sold 3,433 shares of Carpenter Technology on September 9, 2025, at an average price of $245.78, totaling approximately $843,762.74. After this transaction, Karol retains 180,000 shares of the company, valued at around $44,240,400. Another insider, Director I Martin Inglis, sold 5,691 shares on August 18, 2025, for a total of $1,391,677.14. This sale reduced his ownership by 45.81%. Over the past ninety days, insiders have sold a total of 28,124 shares valued at approximately $6,890,250, with insiders currently holding 2.90% of the company’s stock.
Carpenter Technology Corporation specializes in the manufacture, fabrication, and distribution of specialty metals across various regions, including the United States, Europe, Asia Pacific, Mexico, and Canada. The company operates in two segments: Specialty Alloys Operations and Performance Engineered Products, offering a variety of specialty alloys and metal powders.
This latest investment and the favorable analyst reviews signify a notable interest in Carpenter Technology, reflecting broader confidence in its market position and financial health.
