KeyBanc Capital Markets upgrades Carpenter Technology Corp (CRS) rating to an Overweight

Jaxson Clark

Carpenter Technology Corp’s recently made public that its President and COO Malloy Brian J unloaded Company’s shares for reported $13.3 million on Dec 10 ’25. In the deal valued at $304.45 per share,43,688 shares were sold. As a result of this transaction, Malloy Brian J now holds 78,875 shares worth roughly $25.36 million.

Then, Malloy Brian J sold 27,640 shares, generating $8,446,850 in total proceeds. Upon selling the shares at $305.60, the President and COO now owns 78,875 shares.

Before that, Malloy Brian J sold 4,130 shares. Carpenter Technology Corp shares valued at $1,253,520 were divested by the President and COO at a price of $303.52 per share. As a result of the transaction, Malloy Brian J now holds 78,875 shares, worth roughly $25.36 million.

KeyBanc Capital Markets upgraded its Carpenter Technology Corp [CRS] rating to an Overweight from a a Sector weight in a research note published recently. A number of analysts have revised their coverage, including Northcoast’s analysts, who increased its forecast for the stock in early April from “a Sell” to “a Neutral”. JP Morgan began covering CRS with “an Overweight” recommendation on November 22, 2024. BTIG Research maintained its rating on July 30, 2024. It rated CRS as “a Buy”.

Price Performance Review of CRS

On Tuesday, Carpenter Technology Corp [NYSE:CRS] saw its stock fall -0.66% to $321.49. Over the last five days, the stock has gained 6.99%. Carpenter Technology Corp shares have risen nearly 81.46% since the year began. Nevertheless, the stocks have risen 89.43% over the past one year. While a 52-week high of $342.11 was reached on 11/13/25, a 52-week low of $138.61 was recorded on 04/07/25.

Levels Of Support And Resistance For CRS Stock

The 24-hour chart illustrates a support level at 317.15, which if violated will result in even more drops to 312.81. On the upside, there is a resistance level at 326.05. A further resistance level may holdings at 330.61.

How much short interest is there in Carpenter Technology Corp?

A steep rise in short interest was recorded in Carpenter Technology Corp stocks on 2025-11-28, growing by 0.11 million shares to a total of 2.65 million shares. Yahoo Finance data shows the prior-month short interest on 2025-10-31 was 2.54 million shares. There was a rise of 4.22%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on June 26, 2024 when BTIG Research began covering the stock and recommended ‘”a Buy”‘ rating along with a $120 price target.

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