14,888 Shares in Carrier Global Corporation $CARR Purchased by Everett Harris & Co. CA

Everett Harris & Co. CA bought a new stake in Carrier Global Corporation (NYSE:CARR) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 14,888 shares of the company’s stock, valued at approximately $1,092,000.

Several other large investors have also recently bought and sold shares of the stock. Torren Management LLC bought a new position in shares of Carrier Global in the fourth quarter valued at approximately $25,000. Financial Management Professionals Inc. raised its holdings in Carrier Global by 142.4% during the second quarter. Financial Management Professionals Inc. now owns 383 shares of the company’s stock worth $28,000 after purchasing an additional 225 shares in the last quarter. Garton & Associates Financial Advisors LLC bought a new stake in Carrier Global during the fourth quarter worth approximately $33,000. Signature Equity Partners LLC lifted its position in Carrier Global by 449.2% in the first quarter. Signature Equity Partners LLC now owns 648 shares of the company’s stock worth $36,000 after purchasing an additional 530 shares during the period. Finally, Reflection Asset Management bought a new position in Carrier Global during the 4th quarter valued at $41,000. Institutional investors and hedge funds own 91.00% of the company’s stock.

Carrier Global Stock Performance

CARR opened at $62.78 on Friday. The firm has a market cap of $51.75 billion, a PE ratio of 43.60, a P/E/G ratio of 2.34 and a beta of 1.31. The company has a quick ratio of 0.72, a current ratio of 1.02 and a debt-to-equity ratio of 0.77. The business has a fifty day simple moving average of $68.18 and a 200-day simple moving average of $64.01. Carrier Global Corporation has a fifty-two week low of $50.24 and a fifty-two week high of $76.76.

Carrier Global (NYSE:CARR) last issued its earnings results on Tuesday, July 28th. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.82 by $0.04. The business had revenue of $6.35 billion for the quarter, compared to analysts’ expectations of $6.02 billion. Carrier Global had a return on equity of 14.68% and a net margin of 5.52%.The company’s quarterly revenue was up 3.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.92 EPS. Carrier Global has set its FY 2026 guidance at 2.900-2.900 EPS. As a group, equities analysts predict that Carrier Global Corporation will post 2.89 EPS for the current fiscal year.

Carrier Global Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Tuesday, July 21st were paid a $0.24 dividend. The ex-dividend date of this dividend was Tuesday, July 21st. This represents a $0.96 dividend on an annualized basis and a yield of 1.5%. Carrier Global’s dividend payout ratio (DPR) is currently 66.67%.

Wall Street Analyst Weigh In

CARR has been the topic of several research analyst reports. Mizuho lifted their price target on Carrier Global from $67.00 to $75.00 in a research report on Friday, May 1st. The Goldman Sachs Group raised their target price on Carrier Global from $74.00 to $80.00 in a research note on Friday, May 1st. Zacks Research raised Carrier Global from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 30th. Wells Fargo & Company boosted their price target on shares of Carrier Global from $58.00 to $71.00 in a research report on Friday, May 1st. Finally, Royal Bank Of Canada upped their price target on shares of Carrier Global from $71.00 to $81.00 and gave the company an “outperform” rating in a report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, Carrier Global currently has an average rating of “Moderate Buy” and an average price target of $73.67.

Carrier Global Company Profile

Carrier Global Corporation is a leading global provider of heating, ventilation and air conditioning (HVAC), refrigeration, fire and security, and building automation solutions. The company designs, manufactures and sells a broad portfolio of products that includes air conditioners, furnaces, heat pumps, chillers, rooftop units, commercial refrigeration systems, fire and smoke detection and suppression systems, security sensors and access controls, and a range of building controls and analytics software.