Carrier Global Corporation $CARR Shares Purchased by MASTERINVEST Kapitalanlage GmbH

MASTERINVEST Kapitalanlage GmbH boosted its holdings in Carrier Global Corporation (NYSE:CARR) by 63.0% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 20,249 shares of the company’s stock after buying an additional 7,827 shares during the period. MASTERINVEST Kapitalanlage GmbH’s holdings in Carrier Global were worth $1,140,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. State Street Corp increased its position in shares of Carrier Global by 1.1% in the fourth quarter. State Street Corp now owns 33,728,829 shares of the company’s stock worth $1,782,231,000 after acquiring an additional 351,490 shares in the last quarter. Morgan Stanley lifted its holdings in shares of Carrier Global by 1.8% during the 4th quarter. Morgan Stanley now owns 11,757,449 shares of the company’s stock valued at $621,264,000 after acquiring an additional 210,952 shares in the last quarter. Norges Bank acquired a new position in shares of Carrier Global during the 4th quarter valued at $380,299,000. PineStone Asset Management Inc. boosted its position in Carrier Global by 34.6% during the 4th quarter. PineStone Asset Management Inc. now owns 7,153,429 shares of the company’s stock worth $377,987,000 after purchasing an additional 1,837,985 shares during the period. Finally, Fiera Capital Corp boosted its position in Carrier Global by 5.3% during the 4th quarter. Fiera Capital Corp now owns 6,923,485 shares of the company’s stock worth $365,837,000 after purchasing an additional 348,812 shares during the period. 91.00% of the stock is owned by institutional investors and hedge funds.

Carrier Global Stock Down 1.4%

Shares of NYSE:CARR opened at $68.78 on Thursday. The company has a current ratio of 1.05, a quick ratio of 0.75 and a debt-to-equity ratio of 0.76. The company has a fifty day simple moving average of $68.19 and a 200 day simple moving average of $62.49. The firm has a market cap of $57.13 billion, a PE ratio of 45.25, a price-to-earnings-growth ratio of 2.79 and a beta of 1.31. Carrier Global Corporation has a 12-month low of $50.24 and a 12-month high of $81.09.

Carrier Global (NYSE:CARR) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.06. The firm had revenue of $5.34 billion for the quarter, compared to the consensus estimate of $5.01 billion. Carrier Global had a net margin of 5.99% and a return on equity of 14.81%. The firm’s revenue was up 2.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.65 EPS. Carrier Global has set its FY 2026 guidance at 2.800-2.800 EPS. On average, equities research analysts anticipate that Carrier Global Corporation will post 2.79 EPS for the current fiscal year.

Carrier Global Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Tuesday, July 21st will be given a dividend of $0.24 per share. The ex-dividend date of this dividend is Tuesday, July 21st. 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%.

Wall Street Analyst Weigh In

CARR has been the topic of several research reports. Weiss Ratings raised Carrier Global from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, April 22nd. Barclays upped their target price on Carrier Global from $67.00 to $79.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Zacks Research upgraded Carrier Global from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 7th. JPMorgan Chase & Co. raised their target price on Carrier Global from $63.00 to $67.00 and gave the company a “neutral” rating in a report on Thursday, May 14th. Finally, Sanford C. Bernstein assumed coverage on Carrier Global in a research report on Tuesday, June 9th. They set a “market perform” rating and a $75.00 price target on the stock. Twelve analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $73.51.

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.