Rep. Kevin Hern Sells Off Carrier Global Corporation (NYSE:CARR) Shares

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of Carrier Global Corporation (NYSE:CARR). In a filing disclosed on September 01st, the Representative disclosed that they had sold between $1,001 and $15,000 in Carrier Global stock on August 14th. The trade occurred in the Representative’s “HERN FAMILY REVOCABLE TRUST” account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 8/24/2026.
• Sold $15,001 – $50,000 in shares of Medtronic (NYSE:MDT) on 8/24/2026.
• Sold $50,001 – $100,000 in shares of Home Depot (NYSE:HD) on 8/24/2026.
• Sold $50,001 – $100,000 in shares of Procter & Gamble (NYSE:PG) on 8/24/2026.
• Sold $1,001 – $15,000 in shares of Lowe’s Companies (NYSE:LOW) on 8/24/2026.
• Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 8/21/2026.
• Sold $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 8/21/2026.
• Sold $15,001 – $50,000 in shares of Honeywell Aerospace (NASDAQ:HONA) on 8/19/2026.
• Sold $1,001 – $15,000 in shares of Colgate-Palmolive (NYSE:CL) on 8/19/2026.
• Sold $1,001 – $15,000 in shares of Biogen (NASDAQ:BIIB) on 8/18/2026.

Carrier Global Trading Up 2.4%

NYSE:CARR opened at $58.99 on Friday. The stock has a market cap of $48.63 billion, a price-to-earnings ratio of 40.97, a price-to-earnings-growth ratio of 2.22 and a beta of 1.30. Carrier Global Corporation has a one year low of $50.24 and a one year high of $76.76. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.72 and a current ratio of 1.02. The business’s 50-day simple moving average is $64.94 and its 200 day simple moving average is $63.75.

Carrier Global (NYSE:CARR) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.82 by $0.04. Carrier Global had a return on equity of 14.68% and a net margin of 5.52%.The firm had revenue of $6.35 billion during the quarter, compared to analyst estimates of $6.02 billion. During the same quarter last year, the firm earned $0.92 EPS. Carrier Global’s quarterly revenue was up 3.9% on a year-over-year basis. Carrier Global has set its FY 2026 guidance at 2.900-2.900 EPS. As a group, sell-side analysts predict that Carrier Global Corporation will post 2.87 earnings per share for the current fiscal year.

Analyst Ratings Changes

CARR has been the subject of a number of research analyst reports. JPMorgan Chase & Co. lifted their price target on shares of Carrier Global from $63.00 to $67.00 and gave the stock a “neutral” rating in a research note on Thursday, May 14th. Wolfe Research reissued an “outperform” rating and issued a $80.00 target price on shares of Carrier Global in a research report on Thursday, July 9th. Morgan Stanley upped their target price on shares of Carrier Global from $55.00 to $60.00 and gave the company an “equal weight” rating in a research note on Thursday, May 28th. Citigroup increased their price target on shares of Carrier Global from $79.00 to $80.00 and gave the stock a “buy” rating in a research report on Monday, July 13th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Carrier Global in a research note on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, Carrier Global currently has an average rating of “Moderate Buy” and a consensus target price of $73.67.

Hedge Funds Weigh In On Carrier Global

Several large investors have recently added to or reduced their stakes in CARR. Johnson Financial Group Inc. acquired a new stake in shares of Carrier Global during the second quarter worth $25,000. Meeder Asset Management Inc. bought a new position in shares of Carrier Global in the 2nd quarter worth about $26,000. Financial Management Professionals Inc. boosted its holdings in shares of Carrier Global by 142.4% in the 2nd quarter. Financial Management Professionals Inc. now owns 383 shares of the company’s stock valued at $28,000 after buying an additional 225 shares during the period. Garton & Associates Financial Advisors LLC acquired a new position in shares of Carrier Global in the 4th quarter valued at about $33,000. Finally, Signature Equity Partners LLC grew its position in shares of Carrier Global by 449.2% during the 1st quarter. Signature Equity Partners LLC now owns 648 shares of the company’s stock valued at $36,000 after buying an additional 530 shares during the last quarter. 91.00% of the stock is currently owned by institutional investors.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.

Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.

Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

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.