56,417 Shares in Carrier Global Corporation $CARR Bought by Cambient Family Office LLC

Cambient Family Office LLC bought a new stake in Carrier Global Corporation (NYSE:CARR) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 56,417 shares of the company’s stock, valued at approximately $2,981,000.

A number of other institutional investors have also recently added to or reduced their stakes in CARR. KERR FINANCIAL PLANNING Corp purchased a new position in Carrier Global in the third quarter valued at approximately $25,000. Torren Management LLC acquired a new position in Carrier Global during the fourth quarter valued at approximately $25,000. YANKCOM Partnership grew its stake in Carrier Global by 78.5% during the fourth quarter. YANKCOM Partnership now owns 473 shares of the company’s stock worth $25,000 after buying an additional 208 shares during the period. True Wealth Design LLC increased its position in shares of 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 acquiring an additional 427 shares in the last quarter. Finally, Global Wealth Strategies & Associates increased its position in shares of 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 acquiring an additional 300 shares in the last quarter. Hedge funds and other institutional investors own 91.00% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on CARR. Wolfe Research lifted their target price on shares of Carrier Global from $75.00 to $76.00 and gave the company an “outperform” rating in a report on Wednesday, April 8th. BNP Paribas Exane began coverage on Carrier Global in a report on Tuesday, April 14th. They issued a “neutral” rating and a $62.00 price target for the company. The Goldman Sachs Group raised their price objective on Carrier Global from $74.00 to $80.00 in a research report on Friday, May 1st. Citigroup boosted their price objective on Carrier Global from $72.00 to $79.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Finally, Robert W. Baird upped their target price on Carrier Global from $70.00 to $75.00 in a research report on Friday, May 1st. Twelve research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $74.09.

Carrier Global Trading Up 3.5%

CARR opened at $71.92 on Friday. The firm has a market capitalization of $59.74 billion, a P/E ratio of 47.32, a P/E/G ratio of 2.79 and a beta of 1.34. The firm’s 50 day moving average is $64.92 and its 200-day moving average is $60.15. Carrier Global Corporation has a 52-week low of $50.24 and a 52-week high of $81.09. The company has a quick ratio of 0.75, a current ratio of 1.05 and a debt-to-equity ratio of 0.76.

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

Carrier Global Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Tuesday, July 21st will be given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Tuesday, July 21st. Carrier Global’s dividend payout ratio is currently 63.16%.

About Carrier Global

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.