Rep. Julie Johnson Sells Off Shares of Carrier Global Corporation (NYSE:CARR)

Representative Julie Johnson (D-Texas) recently sold shares of Carrier Global Corporation (NYSE:CARR). In a filing disclosed on November 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Carrier Global stock on October 6th. The trade occurred in the Representative’s “MERRILL LYNCH LONG TERM GROWTH” account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Parker-Hannifin (NYSE:PH) on 10/31/2025.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 10/31/2025.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 10/27/2025.
• Sold $1,001 – $15,000 in shares of Deere & Company (NYSE:DE) on 10/22/2025.
• Sold $1,001 – $15,000 in shares of Alaska Air Group (NYSE:ALK) on 10/22/2025.
• Sold $1,001 – $15,000 in shares of Weyerhaeuser (NYSE:WY) on 10/22/2025.
• Sold $1,001 – $15,000 in shares of F5 (NASDAQ:FFIV) on 10/22/2025.
• Sold $1,001 – $15,000 in shares of Gen Digital (NASDAQ:GEN) on 10/22/2025.
• Sold $1,001 – $15,000 in shares of The PNC Financial Services Group (NYSE:PNC) on 10/21/2025.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 10/21/2025.

Carrier Global Trading Down 2.0%

NYSE:CARR opened at $52.05 on Wednesday. The firm has a market capitalization of $43.84 billion, a P/E ratio of 11.64, a P/E/G ratio of 2.22 and a beta of 1.30. The business has a 50 day simple moving average of $58.37 and a 200 day simple moving average of $66.54. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.14 and a quick ratio of 0.75. Carrier Global Corporation has a 12-month low of $51.95 and a 12-month high of $81.09.

Carrier Global (NYSE:CARR) last posted its earnings results on Tuesday, October 28th. The company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.10. The company had revenue of $5.58 billion for the quarter, compared to analysts’ expectations of $5.65 billion. Carrier Global had a return on equity of 16.65% and a net margin of 18.05%.The firm’s quarterly revenue was down 6.8% compared to the same quarter last year. During the same period last year, the business posted $0.83 earnings per share. Carrier Global has set its FY 2025 guidance at 2.650-2.650 EPS. Equities research analysts predict that Carrier Global Corporation will post 2.99 EPS for the current year.

Carrier Global announced that its Board of Directors has initiated a stock repurchase program on Tuesday, October 28th that authorizes the company to repurchase $5.00 billion in outstanding shares. This repurchase authorization authorizes the company to reacquire up to 10.1% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its stock is undervalued.

Carrier Global Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, November 18th. Investors of record on Wednesday, October 29th were issued a $0.225 dividend. The ex-dividend date of this dividend was Wednesday, October 29th. This represents a $0.90 annualized dividend and a dividend yield of 1.7%. Carrier Global’s dividend payout ratio (DPR) is 20.13%.

Institutional Investors Weigh In On Carrier Global

Large investors have recently modified their holdings of the stock. Brighton Jones LLC lifted its holdings in shares of Carrier Global by 30.3% during the fourth quarter. Brighton Jones LLC now owns 7,958 shares of the company’s stock valued at $543,000 after purchasing an additional 1,850 shares during the last quarter. Schechter Investment Advisors LLC acquired a new stake in Carrier Global during the 1st quarter worth about $201,000. CWM LLC lifted its stake in Carrier Global by 0.6% during the first quarter. CWM LLC now owns 60,122 shares of the company’s stock valued at $3,812,000 after buying an additional 346 shares in the last quarter. Sigma Planning Corp boosted its holdings in shares of Carrier Global by 8.3% in the first quarter. Sigma Planning Corp now owns 13,999 shares of the company’s stock worth $888,000 after buying an additional 1,076 shares during the period. Finally, Apollon Wealth Management LLC increased its position in shares of Carrier Global by 10.7% in the first quarter. Apollon Wealth Management LLC now owns 28,757 shares of the company’s stock worth $1,823,000 after acquiring an additional 2,774 shares in the last quarter. 91.00% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on CARR. Rothschild & Co Redburn lifted their price objective on shares of Carrier Global from $66.00 to $67.00 in a research note on Thursday, October 30th. The Goldman Sachs Group decreased their price objective on shares of Carrier Global from $76.00 to $72.00 and set a “buy” rating for the company in a report on Wednesday, October 29th. Barclays dropped their target price on Carrier Global from $82.00 to $74.00 and set an “overweight” rating on the stock in a report on Thursday, September 11th. Royal Bank Of Canada decreased their price target on Carrier Global from $87.00 to $75.00 and set an “outperform” rating for the company in a research note on Friday, September 12th. Finally, Wells Fargo & Company cut their price objective on Carrier Global from $65.00 to $62.00 and set an “equal weight” rating for the company in a report on Wednesday, October 29th. Nine research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $72.94.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

About Carrier Global

Carrier Global Corporation provides heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies in the United States, Europe, the Asia Pacific, and internationally. It operates through three segments: HVAC, Refrigeration, and Fire & Security.