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CRS
LONGINSIDER SELLCARPENTER TECHNOLOGY CORP
Funds
4
Score
6.00
vs SPY
+2.7%
Stock return (since Q-end)
+19.0%
SPY return (since Q-end)
+16.3%
Current price
$468.98
News Summary
PositiveCarpenter Technology delivered record Q3 results with $2.77 EPS (beating estimates by 4.8%), record SAO margins of 35.6%, and raised FY2026 guidance to $700–$705M operating income (+33% YoY), driven by robust aerospace & defense demand (65% of sales, +15% YoY). However, the stock has pulled back 28% over four weeks from its May 7 high of $475.69, suggesting investors are locking in gains after a 90%+ 12-month run and reassessing valuation.
Red flags
- •Stock down 28% in four weeks from 52-week high; significant profit-taking and potential overvaluation at peak
- •CEO transition effective July 1, 2026 introduces management change risk, though successor (Malloy) has relevant aerospace/defense experience
- •PEP segment sales down 6% YoY; medical end-use market weakness offsetting A&D gains
Funds Buying (4)
| Fund | Manager | Shares Held | ∆ Shares | Position Value | QoQ | Status |
|---|---|---|---|---|---|---|
| Lone Pine Capital | Steve Mandel | 1.8M | +1.8M | $716.5B | — | NEW |
| Third Point | Dan Loeb | 310K | +310K | $122.2B | — | NEW |
| Point72 | Steve Cohen | 250K | +250K | $98.6B | — | NEW |
| Soros Fund Management | Soros Family Office | 8K | +8K | $3.3B | — | NEW |
Shares Held and Position Value reflect total quarter-end holdings. ∆ Shares is the change from the prior quarter.
Insider Activity
| Name | Title | Type | Shares | Price | Value | Filed |
|---|---|---|---|---|---|---|
| AKINS MARSHALL D | VP and Chief Comm Officer | SELL | 235 | $443.78 | $0.10M | 2026-05-05 |
| AKINS MARSHALL D | VP and Chief Comm Officer | SELL | 560 | $436.37 | $0.24M | 2026-05-05 |
| AKINS MARSHALL D | VP and Chief Comm Officer | SELL | 837 | $437.86 | $0.37M | 2026-05-05 |
| AKINS MARSHALL D | VP and Chief Comm Officer | SELL | 999 | $438.87 | $0.44M | 2026-05-05 |
| AKINS MARSHALL D | VP and Chief Comm Officer | SELL | 850 | $439.86 | $0.37M | 2026-05-05 |
| AKINS MARSHALL D | VP and Chief Comm Officer | SELL | 2K | $441.18 | $0.86M | 2026-05-05 |
| AKINS MARSHALL D | VP and Chief Comm Officer | SELL | 3K | $442.15 | $1.30M | 2026-05-05 |
| AKINS MARSHALL D | VP and Chief Comm Officer | SELL | 3K | $443.37 | $1.52M | 2026-05-05 |
| HART ANASTASIOS JOHN | — | SELL | 750 | $423.86 | $0.32M | 2026-05-04 |