Carrier Global Corporation $CARR Shares Acquired by Mackenzie Financial Corp

Mackenzie Financial Corp increased its position in Carrier Global Corporation (NYSE:CARR) by 13.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 544,054 shares of the company’s stock after purchasing an additional 64,848 shares during the quarter. Mackenzie Financial Corp’s holdings in Carrier Global were worth $32,480,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in Carrier Global by 30.3% in the 4th quarter. Brighton Jones LLC now owns 7,958 shares of the company’s stock worth $543,000 after buying an additional 1,850 shares in the last quarter. AQR Capital Management LLC boosted its position in Carrier Global by 51.5% in the 1st quarter. AQR Capital Management LLC now owns 68,225 shares of the company’s stock valued at $4,236,000 after buying an additional 23,200 shares during the last quarter. United Bank grew its stake in shares of Carrier Global by 41.2% during the second quarter. United Bank now owns 16,991 shares of the company’s stock valued at $1,244,000 after acquiring an additional 4,956 shares in the last quarter. Schnieders Capital Management LLC. increased its position in shares of Carrier Global by 33.7% during the second quarter. Schnieders Capital Management LLC. now owns 16,967 shares of the company’s stock worth $1,242,000 after acquiring an additional 4,277 shares during the last quarter. Finally, AE Wealth Management LLC increased its position in shares of Carrier Global by 25.8% during the second quarter. AE Wealth Management LLC now owns 11,023 shares of the company’s stock worth $807,000 after acquiring an additional 2,264 shares during the last quarter. 91.00% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. CICC Research cut their price target on Carrier Global from $76.85 to $69.78 and set an “outperform” rating on the stock in a research note on Wednesday, February 11th. Morgan Stanley set a $55.00 price objective on Carrier Global in a report on Thursday, January 8th. Royal Bank Of Canada upped their target price on Carrier Global from $70.00 to $74.00 and gave the company an “outperform” rating in a research report on Friday, February 6th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Carrier Global in a research note on Monday, December 29th. Finally, The Goldman Sachs Group raised their price target on shares of Carrier Global from $68.00 to $74.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Twelve analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Carrier Global currently has a consensus rating of “Moderate Buy” and a consensus target price of $70.82.

Carrier Global Stock Down 3.9%

NYSE:CARR opened at $56.38 on Friday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.85 and a current ratio of 1.20. The company has a market capitalization of $47.10 billion, a price-to-earnings ratio of 32.97, a price-to-earnings-growth ratio of 2.39 and a beta of 1.32. Carrier Global Corporation has a one year low of $50.24 and a one year high of $81.09. The stock has a 50-day simple moving average of $59.90 and a 200 day simple moving average of $58.33.

Carrier Global (NYSE:CARR) last announced its quarterly earnings data on Thursday, February 5th. The company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.02). Carrier Global had a net margin of 6.82% and a return on equity of 15.30%. The firm had revenue of $4.84 billion for the quarter, compared to analyst estimates of $5.05 billion. During the same quarter in the previous year, the company earned $0.54 EPS. The company’s quarterly revenue was down 6.0% compared to the same quarter last year. Carrier Global has set its FY 2026 guidance at 2.800-2.800 EPS. Sell-side analysts predict that Carrier Global Corporation will post 2.99 EPS for the current fiscal year.

Carrier Global 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.