Two Sigma Securities LLC Sells 18,035 Shares of Carrier Global Corporation $CARR

Two Sigma Securities LLC decreased its position in Carrier Global Corporation (NYSE:CARR) by 60.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,957 shares of the company’s stock after selling 18,035 shares during the period. Two Sigma Securities LLC’s holdings in Carrier Global were worth $877,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of CARR. Brighton Jones LLC increased its stake in Carrier Global by 30.3% in 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 in the last quarter. AQR Capital Management LLC raised its holdings in 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 during the last quarter. United Bank lifted its stake in shares of Carrier Global by 41.2% in the second quarter. United Bank now owns 16,991 shares of the company’s stock valued at $1,244,000 after buying an additional 4,956 shares in the last quarter. Schnieders Capital Management LLC. grew its holdings in shares of Carrier Global by 33.7% during the second quarter. Schnieders Capital Management LLC. now owns 16,967 shares of the company’s stock valued at $1,242,000 after buying an additional 4,277 shares during the last quarter. Finally, Guggenheim Capital LLC grew its holdings in shares of Carrier Global by 6.0% during the second quarter. Guggenheim Capital LLC now owns 9,903 shares of the company’s stock valued at $725,000 after buying an additional 561 shares during the last quarter. Institutional investors own 91.00% of the company’s stock.

Analyst Upgrades and Downgrades

CARR has been the subject of a number of analyst reports. Argus lifted their price target on Carrier Global from $72.00 to $75.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. JPMorgan Chase & Co. increased their price objective on Carrier Global from $63.00 to $67.00 and gave the stock a “neutral” rating in a research note on Thursday, May 14th. Rothschild & Co Redburn raised their target price on Carrier Global from $61.00 to $73.00 and gave the company a “neutral” rating in a report on Tuesday, May 5th. Wolfe Research reaffirmed an “outperform” rating and set a $80.00 target price on shares of Carrier Global in a research report on Thursday, July 9th. Finally, Morgan Stanley lifted their target price on Carrier Global from $55.00 to $60.00 and gave the company an “equal weight” rating in a research report on Thursday, May 28th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Carrier Global currently has an average rating of “Moderate Buy” and a consensus price target of $73.67.

Carrier Global Price Performance

Carrier Global stock opened at $58.34 on Tuesday. Carrier Global Corporation has a 52 week low of $50.24 and a 52 week high of $76.76. The company’s 50 day moving average price is $65.88 and its two-hundred day moving average price is $63.92. The stock has a market cap of $48.09 billion, a P/E ratio of 40.51, a P/E/G ratio of 2.18 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 (NYSE:CARR) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.82 by $0.04. The company had revenue of $6.35 billion during the quarter, compared to the consensus estimate of $6.02 billion. Carrier Global had a return on equity of 14.68% and a net margin of 5.52%.Carrier Global’s revenue was up 3.9% on a year-over-year basis. During the same period last year, the business posted $0.92 earnings per share. Carrier Global has set its FY 2026 guidance at 2.900-2.900 EPS. On average, equities analysts predict that Carrier Global Corporation will post 2.87 earnings per share for the current year.

Carrier Global Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 10th. Stockholders of record on Tuesday, July 21st were paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Tuesday, July 21st. Carrier Global’s payout ratio is presently 66.67%.

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.