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An update from Carpenter Technology ( (CRS) ) is now available.
On February 18, 2025, Carpenter Technology hosted an Investor Update Event to discuss the company’s strategy and growth opportunities. The company has increased its aerospace and defense revenue share to 60% and expanded its market capitalization significantly. The firm is on track to generate substantial cash flow and has initiated a $400 million share repurchase program and a $40 million annual dividend, reflecting a strong shareholder return.
More about Carpenter Technology
Carpenter Technology Corporation operates in the specialty materials industry, focusing on manufacturing highly specialized products for critical applications. Their market focus includes aerospace, defense, medical, energy, transportation, industrial, and consumer sectors.
YTD Price Performance: 11.15%
Average Trading Volume: 830,697
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $9.41B
See more insights into CRS stock on TipRanks’ Stock Analysis page.
