One Wealth Advisors LLC acquired a new position in shares of Carrier Global Corporation (NYSE:CARR – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 11,046 shares of the company’s stock, valued at approximately $810,000.
Other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC grew 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 valued at $543,000 after buying an additional 1,850 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Carrier Global by 51.5% during the first quarter. AQR Capital Management LLC now owns 68,225 shares of the company’s stock worth $4,236,000 after buying an additional 23,200 shares in the last quarter. United Bank lifted its holdings in shares of Carrier Global by 41.2% during the second quarter. United Bank now owns 16,991 shares of the company’s stock worth $1,244,000 after buying an additional 4,956 shares in the last quarter. Schnieders Capital Management LLC. boosted its position in shares of Carrier Global by 33.7% in the second quarter. Schnieders Capital Management LLC. now owns 16,967 shares of the company’s stock valued at $1,242,000 after acquiring an additional 4,277 shares during the period. Finally, Guggenheim Capital LLC grew its stake in shares of Carrier Global by 6.0% in the second quarter. Guggenheim Capital LLC now owns 9,903 shares of the company’s stock valued at $725,000 after acquiring an additional 561 shares in the last quarter. Institutional investors own 91.00% of the company’s stock.
Carrier Global Trading Down 0.9%
CARR opened at $62.78 on Friday. The stock has a market capitalization of $51.75 billion, a price-to-earnings ratio of 43.60, a P/E/G ratio of 2.32 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. Carrier Global Corporation has a twelve month low of $50.24 and a twelve month high of $76.76. The company has a 50-day simple moving average of $68.18 and a 200 day simple moving average of $64.01.
Carrier Global Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Tuesday, July 21st were paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Tuesday, July 21st. Carrier Global’s dividend payout ratio (DPR) is 66.67%.
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on CARR shares. Robert W. Baird raised their price target on shares of Carrier Global from $70.00 to $75.00 in a research report on Friday, May 1st. Mizuho boosted their price objective on shares of Carrier Global from $67.00 to $75.00 in a report on Friday, May 1st. Argus increased their target price on shares of Carrier Global from $72.00 to $75.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Barclays raised their target price on shares of Carrier Global from $67.00 to $79.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. Finally, Wells Fargo & Company lifted their price target on shares of Carrier Global from $58.00 to $71.00 in a research report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $73.67.
View Our Latest Report on Carrier Global
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.
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