Sivia Capital Partners LLC Takes $444,000 Position in Carrier Global Corporation $CARR

Sivia Capital Partners LLC purchased a new stake in Carrier Global Corporation (NYSE:CARR) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 8,412 shares of the company’s stock, valued at approximately $444,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. KERR FINANCIAL PLANNING Corp acquired a new stake in Carrier Global in the third quarter valued at $25,000. Torren Management LLC acquired a new stake in Carrier Global in the fourth quarter valued at $25,000. YANKCOM Partnership grew its holdings in Carrier Global by 78.5% during the 4th quarter. YANKCOM Partnership now owns 473 shares of the company’s stock worth $25,000 after acquiring an additional 208 shares during the period. True Wealth Design LLC grew its holdings in Carrier Global by 723.7% during the 4th quarter. True Wealth Design LLC now owns 486 shares of the company’s stock worth $26,000 after acquiring an additional 427 shares during the period. Finally, Global Wealth Strategies & Associates grew its holdings in Carrier Global by 150.0% during the 4th quarter. Global Wealth Strategies & Associates now owns 500 shares of the company’s stock worth $26,000 after acquiring an additional 300 shares during the period. 91.00% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. BNP Paribas Exane assumed coverage on Carrier Global in a report on Tuesday, April 14th. They set a “neutral” rating and a $62.00 price target for the company. Weiss Ratings upgraded Carrier Global from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, April 22nd. Evercore increased their price target on Carrier Global from $75.00 to $85.00 in a report on Friday, May 1st. Rothschild & Co Redburn boosted their target price on Carrier Global from $61.00 to $73.00 and gave the company a “neutral” rating in a research report on Tuesday, May 5th. Finally, Morgan Stanley boosted 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. Twelve investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $74.04.

Carrier Global Stock Down 2.0%

Carrier Global stock opened at $67.18 on Friday. Carrier Global Corporation has a 1-year low of $50.24 and a 1-year high of $81.09. The firm has a market capitalization of $55.79 billion, a price-to-earnings ratio of 44.19, a P/E/G ratio of 2.75 and a beta of 1.34. The company has a current ratio of 1.05, a quick ratio of 0.75 and a debt-to-equity ratio of 0.76. The firm has a 50 day simple moving average of $62.30 and a 200 day simple moving average of $59.02.

Carrier Global (NYSE:CARR) last released its quarterly earnings data on Thursday, April 30th. The company reported $0.57 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.06. Carrier Global had a net margin of 5.99% and a return on equity of 14.81%. The business had revenue of $5.34 billion during the quarter, compared to analyst estimates of $5.01 billion. During the same period in the previous year, the business earned $0.65 EPS. Carrier Global’s revenue was up 2.4% compared to the same quarter last year. Carrier Global has set its FY 2026 guidance at 2.800-2.800 EPS. On average, analysts predict that Carrier Global Corporation will post 2.78 earnings per share for the current year.

Carrier Global Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Tuesday, July 21st will be given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Tuesday, July 21st. Carrier Global’s payout ratio is 63.16%.

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.