Wealth Enhancement Advisory Services LLC Buys 215 Shares of Carpenter Technology Co. (NYSE:CRS) – Information Important Internet

Wealth Enhancement Advisory Services LLC grew its wager in shares of Carpenter Technology Co. (NYSE:CRS – Free Report) by 1.9% during the prototypal quarter, according to the consort in its most past revealing with the SEC. The money owned 11,557 shares of the base materials company’s hit after purchase an added 215 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Carpenter Technology were worth $825,000 as of its most past SEC filing.

Other inclose assets and another institutionalised investors hit also fresh restricted their holdings of the company. Westend Capital Management LLC acquired a newborn function in Carpenter Technology in the 1st lodge worth most $36,000. Orser Capital Management LLC accumulated its wager in shares of Carpenter Technology by 10.8% in the prototypal quarter. Orser Capital Management LLC today owns 31,930 shares of the base materials company’s hit valued at $2,280,000 after purchase an added 3,110 shares during the period. Hennessy Advisors Inc. acquired a newborn function in shares of Carpenter Technology in the ordinal lodge valued at roughly $27,407,000. nihilist Sachs Group Inc. upraised its holdings in Carpenter Technology by 82.3% in the 4th quarter. nihilist Sachs Group Inc. today owns 972,222 shares of the base materials company’s hit valued at $68,833,000 after purchase an added 438,781 shares during the terminal quarter. Finally, dweller International Group Inc. boosted its function in Carpenter Technology by 0.7% during the 4th quarter. dweller International Group Inc. today owns 26,653 shares of the base materials company’s hit worth $1,887,000 after purchase an added 188 shares during the period. Institutional investors possess 92.03% of the company’s stock.

Carpenter Technology Trading Up 1.9 %

NYSE CRS unsealed at $106.75 on Tuesday. Carpenter Technology Co. has a digit assemblage baritone of $53.62 and a digit assemblage broad of $112.75. The consort has a debt-to-equity ratio of 0.46, a underway ratio of 3.20 and a hurried ratio of 1.45. The playing has a 50 period ultimate agitated cipher of $105.11 and a 200 period ultimate agitated cipher of $81.67. The hit has a mart estimation of $5.30 billion, a P/E ratio of 40.59 and a beta of 1.44.

Carpenter Technology (NYSE:CRS – Get Free Report) terminal free its quarterly earnings accumulation on Wednesday, May 1st. The base materials consort reportable $1.19 earnings per deal for the quarter, fighting the consensus judge of $0.94 by $0.25. The consort had income of $684.90 meg during the quarter, compared to shrink estimates of $707.73 million. Carpenter Technology had a gain edge of 4.83% and a convey on justness of 12.75%. Carpenter Technology’s income for the lodge was downbound .8% compared to the aforementioned lodge terminal year. During the aforementioned lodge in the preceding year, the playing posted $0.38 EPS. Research analysts wait that Carpenter Technology Co. module place 4.35 earnings per deal for the underway year.

Carpenter Technology Increases Dividend

The consort also fresh declared a quarterly dividend, which was paying on Thursday, June 6th. Stockholders of achievement on Tuesday, Apr 23rd were paying a $0.20 dividend. The ex-dividend fellow of this dividend was Monday, Apr 22nd. This is an process from Carpenter Technology’s preceding quarterly dividend of $0.18. This represents a $0.80 annualized dividend and a dividend consent of 0.75%. Carpenter Technology’s dividend payout ratio (DPR) is currently 30.42%.

Insider Activity at Carpenter Technology

In another Carpenter Technology news, VP Elizabeth A. Socci oversubscribed 802 shares of the hit in a dealings that occurred on Monday, May 6th. The hit was oversubscribed at an cipher toll of $102.11, for a amount continuance of $81,892.22. Following the transaction, the evilness chair today owns 11,509 shares in the company, valued at $1,175,183.99. The understanding was unconcealed in a filing with the SEC, which crapper be accessed finished this hyperlink. In another Carpenter Technology news, SVP saint D. Dee oversubscribed 23,518 shares of the business’s hit in a dealings on Tuesday, May 21st. The shares were oversubscribed at an cipher toll of $111.26, for a amount dealings of $2,616,612.68. Following the termination of the sale, the grownup evilness chair today owns 84,798 shares in the company, valued at roughly $9,434,625.48. The understanding was unconcealed in a writing filed with the Securities & Exchange Commission, which is reachable finished the SEC website. Also, VP Elizabeth A. Socci oversubscribed 802 shares of the firm’s hit in a dealings on Monday, May 6th. The shares were oversubscribed at an cipher toll of $102.11, for a amount dealings of $81,892.22. Following the termination of the transaction, the evilness chair today direct owns 11,509 shares in the company, valued at $1,175,183.99. The revealing for this understanding crapper be institute here. Insiders oversubscribed 59,678 shares of consort hit valued at $6,261,693 in the terminal threesome months. Corporate insiders possess 3.40% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts hit fresh issued reports on the stock. BTIG Research began programme on shares of Carpenter Technology in a investigate state on Wednesday, June 26th. They ordered a “buy” judgement and a $120.00 toll direct for the company. Northcoast Research reaffirmed a “sell” judgement and ordered a $89.00 direct toll on shares of Carpenter Technology in a investigate inform on Friday, June 14th. TD Cowen upped their toll direct on Carpenter Technology from $116.00 to $125.00 and gave the consort a “buy” judgement in a investigate inform on Monday, June 10th. Benchmark reaffirmed a “buy” judgement and issued a $140.00 toll neutral on shares of Carpenter Technology in a investigate state on Tuesday, May 28th. Finally, Deutsche Bank Aktiengesellschaft started programme on shares of Carpenter Technology in a investigate inform on Tuesday, June 25th. They ordered a “buy” judgement and a $144.00 direct toll for the company. One equities investigate shrink has rated the hit with a delude rating, digit has appointed a stop judgement and quaternary hit presented a acquire judgement to the stock. Based on accumulation from MarketBeat.com, the consort currently has a consensus judgement of “Moderate Buy” and a consensus toll direct of $123.60.

View Our Latest Analysis on Carpenter Technology

Carpenter Technology Company Profile

(Free Report)

Carpenter Technology Corporation engages in the manufacture, fabrication, and organisation of specialty metals in the United States, Europe, the aggregation Pacific, Mexico, Canada, and internationally. It operates in digit segments, Specialty Alloys Operations and Performance Engineered Products. The consort offers specialty alloys, including metal alloys, solid metals, unsullied steels, impureness steels, and agency steels, as substantially as additives, and metal powders and parts.

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