Mn Services Vermogensbeheer B.V. Has $6.53 Million Stake in Carrier Global Corporation $CARR

Mn Services Vermogensbeheer B.V. reduced its stake in shares of Carrier Global Corporation (NYSE:CARR) by 12.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 123,600 shares of the company’s stock after selling 17,900 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Carrier Global were worth $6,531,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of CARR. Ironwood Investment Counsel LLC lifted its holdings in Carrier Global by 4.6% during the 3rd quarter. Ironwood Investment Counsel LLC now owns 4,090 shares of the company’s stock worth $244,000 after buying an additional 181 shares in the last quarter. River Wealth Advisors LLC increased its stake in shares of Carrier Global by 2.2% in the 2nd quarter. River Wealth Advisors LLC now owns 8,603 shares of the company’s stock valued at $630,000 after buying an additional 184 shares during the period. JFS Wealth Advisors LLC raised its position in shares of Carrier Global by 13.7% during the fourth quarter. JFS Wealth Advisors LLC now owns 1,586 shares of the company’s stock worth $84,000 after acquiring an additional 191 shares during the last quarter. HCR Wealth Advisors lifted its stake in shares of Carrier Global by 4.3% during the third quarter. HCR Wealth Advisors now owns 4,673 shares of the company’s stock valued at $275,000 after acquiring an additional 193 shares during the period. Finally, Diversified Trust Co boosted its holdings in Carrier Global by 1.1% in the third quarter. Diversified Trust Co now owns 17,444 shares of the company’s stock valued at $1,041,000 after acquiring an additional 194 shares during the last quarter. Institutional investors own 91.00% of the company’s stock.

Analyst Ratings Changes

CARR has been the topic of a number of research reports. Zacks Research downgraded shares of Carrier Global from a “hold” rating to a “strong sell” rating in a research report on Monday, February 9th. Morgan Stanley set a $55.00 price target on shares of Carrier Global in a research note on Thursday, January 8th. UBS Group cut their price objective on shares of Carrier Global from $73.00 to $70.00 and set a “buy” rating on the stock in a report on Monday, January 5th. Wolfe Research lifted their target price on shares of Carrier Global from $71.00 to $74.00 and gave the stock an “outperform” rating in a report on Friday, February 27th. Finally, JPMorgan Chase & Co. upped their target price on shares of Carrier Global from $60.00 to $63.00 and gave the company a “neutral” rating in a research report on Friday, January 16th. 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 company’s stock. According to MarketBeat, Carrier Global has an average rating of “Moderate Buy” and an average price target of $70.15.

Carrier Global Stock Performance

Shares of CARR stock opened at $55.79 on Friday. The stock has a market cap of $46.61 billion, a PE ratio of 32.62, a price-to-earnings-growth ratio of 2.32 and a beta of 1.32. The stock has a 50-day moving average of $60.38 and a 200-day moving average of $57.53. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.20 and a quick ratio of 0.85. Carrier Global Corporation has a one year low of $50.24 and a one year high of $81.09.

Carrier Global (NYSE:CARR) last released its quarterly earnings data on Thursday, February 5th. The company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.02). Carrier Global had a return on equity of 15.30% and a net margin of 6.82%.The firm had revenue of $4.84 billion for the quarter, compared to the consensus estimate of $5.05 billion. During the same period in the previous year, the business earned $0.54 EPS. The firm’s 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. As a group, sell-side analysts expect that Carrier Global Corporation will post 2.99 earnings per share for the current 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.