SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Disclose 10.7% Stake in Carpenter Technology Corp

FMR LLC and its affiliates, along with Abigail P. Johnson, have filed an amended Schedule 13G, disclosing a combined beneficial ownership of 10.7% of Carpenter Technology Corp's common stock as of February 28, 2025.

Summary

• FMR LLC and Abigail P. Johnson reported beneficial ownership of 5,322,001.53 shares of Carpenter Technology Corp's common stock.
• This represents 10.7% of the total outstanding common stock of Carpenter Technology Corp.
• FMR LLC holds sole voting power over 5,031,253.60 shares and sole dispositive power over 5,322,001.53 shares.
• Abigail P. Johnson holds sole dispositive power over 5,322,001.53 shares.
• The filing is an Amendment No. 2 to a Schedule 13G, indicating an update to previously reported ownership.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Carpenter Technology Corp.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing disclosing beneficial ownership, providing factual information without expressing explicit positive or negative sentiment regarding the issuer's performance or outlook. The certification states the stake is held in the ordinary course of business and not for control purposes.

Future Outlook

NA

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11."

Industry Context

NA

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional ownership stake, which can influence market perception and liquidity.

Key Dates

Keywords

Carpenter Technology Corp, FMR LLC, Abigail P. Johnson, Schedule 13G, beneficial ownership, common stock, institutional investor, SEC filing, equity stake, metals industry, specialty materials