Carpenter Tech Climbs 1.93 as 12.1 Q1 Stake Boost by Advent Pushes Holdings to 1.62% Amid 428th Trading Volume Rank

On September 4, 2025, Carpenter Technology Corporation (CRS) rose 1.93% to $241.50, with a trading volume of $250 million, ranking 428th in market activity. Institutional ownership of the specialty metals firm increased as Advent International L.P. boosted its stake by 12.1% in Q1, now holding 1.62% of the stock valued at $145.8 million. The fund’s position represents 4.6% of its total portfolio, highlighting growing institutional confidence.

Analysts remain bullish, with Cowen, Benchmark, and JPMorgan Chase upgrading price targets. Benchmark raised its target to $300 from $250, while JPMorgan increased it to $305 from $245. The stock carries a “Moderate Buy” rating with a consensus price of $278.33. Recent earnings beat estimates, reporting $2.21 per share, though revenue declined 5.4% year-over-year to $755.6 million.

Carpenter announced a quarterly dividend of $0.20 per share, yielding 0.3% annually. However, insider sales by Director Anastasios John Hart and CEO Tony Thene reduced their holdings by 3.43% and 25,691 shares, respectively, valued at $6.3 million in the last quarter. Insiders now own 2.9% of the company.

Backtest results show CRS outperformed benchmarks: +42% year-to-date versus +10.55% for the S&P 500, and +77.85% over one year compared to +17.79% for the index. The stock’s three-year return of 659.92% far exceeds the S&P 500’s 65.69%.