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 January 15th, the Representative disclosed that they had sold between $1,001 and $15,000 in Carrier Global stock on December 18th. The trade occurred in the Representative’s “CHASE BROKERAGE ACCOUNT (3935)” account.

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

• Sold $1,001 – $15,000 in shares of Texas Instruments (NASDAQ:TXN) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of General Dynamics (NYSE:GD) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Dover (NYSE:DOV) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Philip Morris International (NYSE:PM) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Bank of America (NYSE:BAC) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Republic Services (NYSE:RSG) on 12/18/2025.

Carrier Global Price Performance

Carrier Global stock opened at $56.20 on Friday. The company has a quick ratio of 0.75, a current ratio of 1.14 and a debt-to-equity ratio of 0.76. The firm’s 50-day simple moving average is $53.82 and its 200 day simple moving average is $61.07. Carrier Global Corporation has a 52 week low of $50.24 and a 52 week high of $81.09. The firm has a market capitalization of $47.33 billion, a PE ratio of 12.57, a P/E/G ratio of 2.17 and a beta of 1.31.

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

Carrier Global declared that its Board of Directors has initiated a share buyback plan on Tuesday, October 28th that authorizes the company to repurchase $5.00 billion in shares. This repurchase authorization authorizes the company to repurchase up to 10.1% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s management believes its stock is undervalued.

Carrier Global Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 9th. Investors of record on Tuesday, January 20th will be paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.7%. This is a boost from Carrier Global’s previous quarterly dividend of $0.23. The ex-dividend date is Tuesday, January 20th. Carrier Global’s dividend payout ratio (DPR) is presently 21.48%.

Wall Street Analyst Weigh In

CARR has been the subject of several recent research reports. Rothschild & Co Redburn upped their price objective on shares of Carrier Global from $66.00 to $67.00 in a research report on Thursday, October 30th. Deutsche Bank Aktiengesellschaft reduced their price target on Carrier Global from $70.00 to $64.00 and set a “hold” rating for the company in a report on Wednesday, October 29th. Zacks Research upgraded Carrier Global from a “strong sell” rating to a “hold” rating in a report on Friday, November 21st. Robert W. Baird set a $72.00 target price on Carrier Global in a research report on Wednesday, October 29th. Finally, Barclays cut their price target on shares of Carrier Global from $74.00 to $72.00 and set an “overweight” rating on the stock in a report on Wednesday, December 10th. Ten investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $71.00.

Hedge Funds Weigh In On Carrier Global

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Brighton Jones LLC lifted its position in shares of Carrier Global by 30.3% during the 4th quarter. Brighton Jones LLC now owns 7,958 shares of the company’s stock valued at $543,000 after acquiring an additional 1,850 shares during the last quarter. AQR Capital Management LLC raised its position 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 purchasing an additional 23,200 shares during the period. Apella Capital LLC acquired a new stake in shares of Carrier Global during the second quarter worth $239,000. Everpar Advisors LLC purchased a new stake in shares of Carrier Global during the second quarter valued at $234,000. Finally, Czech National Bank boosted its position in shares of Carrier Global by 5.1% in the 2nd quarter. Czech National Bank now owns 194,914 shares of the company’s stock valued at $14,266,000 after purchasing an additional 9,431 shares during the period. 91.00% of the stock is currently owned by institutional investors and hedge funds.

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.

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.