Carpenter Technology (CRS)

• Market cap: $10.3B
• 1 day: 2.91%
• 5 days: 12.64%
• 1 month: 19.71%
• 3 months: 29.46%
• 6 months: 74.79%
• Year to date: 17.71%
• 1 year: 223.44%
• 5 years: 345.31%
• 10 years: 421.93%
• Sector: Materials
• Industry: Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

117% more first-time investments, than exits

New positions opened: 89 | Existing positions closed: 41

115% more call options, than puts

Call options by funds: $203M | Put options by funds: $94.5M

54% more funds holding in top 10

Funds holding in top 10: 13 [Q2] → 20 (+7) [Q3]

43% more capital invested

Capital invested by funds: $5.2B [Q2] → $7.45B (+$2.25B) [Q3]

12% more funds holding

Funds holding: 360 [Q2] → 404 (+44) [Q3]

2.13% less ownership

Funds ownership: 95.87% [Q2] → 93.74% (-2.13%) [Q3]

16% less repeat investments, than reductions

Existing positions increased: 125 | Existing positions reduced: 149

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $175 15% downside
• Avg. target: $198 4% downside
• High target: $220 6% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

JP Morgan Bennett Moore 100% 1-year accuracy 1 / 1 met price target	7% upside $220	Overweight Initiated	22 Nov 2024
Benchmark Josh Sullivan 77% 1-year accuracy 43 / 56 met price target	15% downside $175	Buy Reiterated	25 Oct 2024