MUFG Securities EMEA plc Has $1.72 Million Position in Carrier Global Corporation $CARR

MUFG Securities EMEA plc grew its stake in shares of Carrier Global Corporation (NYSE:CARR) by 112.0% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 32,455 shares of the company’s stock after buying an additional 17,143 shares during the period. MUFG Securities EMEA plc’s holdings in Carrier Global were worth $1,715,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in CARR. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Carrier Global during the third quarter valued at about $25,000. YANKCOM Partnership raised its position in Carrier Global by 78.5% in the fourth quarter. YANKCOM Partnership now owns 473 shares of the company’s stock worth $25,000 after purchasing an additional 208 shares in the last quarter. Torren Management LLC acquired a new position in Carrier Global in the fourth quarter worth about $25,000. Global Wealth Strategies & Associates raised its position in Carrier Global by 150.0% in the fourth quarter. Global Wealth Strategies & Associates now owns 500 shares of the company’s stock worth $26,000 after purchasing an additional 300 shares in the last quarter. Finally, True Wealth Design LLC raised its position in Carrier Global by 723.7% in the fourth quarter. True Wealth Design LLC now owns 486 shares of the company’s stock worth $26,000 after purchasing an additional 427 shares in the last quarter. Institutional investors and hedge funds own 91.00% of the company’s stock.

Carrier Global Stock Performance

NYSE CARR opened at $66.34 on Wednesday. The firm has a market cap of $55.10 billion, a price-to-earnings ratio of 43.65, a PEG ratio of 2.61 and a beta of 1.34. The company has a 50 day moving average of $61.60 and a 200-day moving average of $58.70. The company has a current ratio of 1.05, a quick ratio of 0.75 and a debt-to-equity ratio of 0.76. Carrier Global Corporation has a 1-year low of $50.24 and a 1-year high of $81.09.

Carrier Global (NYSE:CARR) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.06. The company had revenue of $5.34 billion during the quarter, compared to analyst estimates of $5.01 billion. Carrier Global had a net margin of 5.99% and a return on equity of 14.81%. The company’s revenue was up 2.4% on a year-over-year basis. During the same quarter last year, the business posted $0.65 earnings per share. Carrier Global has set its FY 2026 guidance at 2.800-2.800 EPS. On average, equities analysts forecast that Carrier Global Corporation will post 2.78 earnings per share for the current fiscal year.

Carrier Global Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 4th were issued a dividend of $0.24 per share. The ex-dividend date of this dividend was Monday, May 4th. This represents a $0.96 annualized dividend and a dividend yield of 1.4%. Carrier Global’s dividend payout ratio (DPR) is presently 63.16%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on CARR shares. Zacks Research raised shares of Carrier Global from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 7th. Barclays increased their price target on shares of Carrier Global from $67.00 to $79.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Wells Fargo & Company increased their price target on shares of Carrier Global from $58.00 to $71.00 in a research report on Friday, May 1st. The Goldman Sachs Group increased their price target on shares of Carrier Global from $74.00 to $80.00 in a research report on Friday, May 1st. Finally, BNP Paribas Exane started coverage on shares of Carrier Global in a research report on Tuesday, April 14th. They issued a “neutral” rating and a $62.00 price target for the company. Twelve equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $74.04.

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.