SG Americas Securities LLC Has $6.42 Million Stake in Carrier Global Corporation $CARR

SG Americas Securities LLC lowered its position in shares of Carrier Global Corporation (NYSE:CARR) by 84.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 114,043 shares of the company’s stock after selling 599,647 shares during the period. SG Americas Securities LLC’s holdings in Carrier Global were worth $6,422,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. KERR FINANCIAL PLANNING Corp bought a new stake in Carrier Global during the third quarter worth about $25,000. YANKCOM Partnership increased its holdings in Carrier Global by 78.5% in the 4th quarter. YANKCOM Partnership now owns 473 shares of the company’s stock valued at $25,000 after buying an additional 208 shares during the period. Torren Management LLC bought a new position in Carrier Global in the 4th quarter valued at about $25,000. Global Wealth Strategies & Associates raised its position in shares of Carrier Global by 150.0% in the 4th quarter. Global Wealth Strategies & Associates now owns 500 shares of the company’s stock valued at $26,000 after buying an additional 300 shares in the last quarter. Finally, True Wealth Design LLC raised its position in shares of Carrier Global by 723.7% in the 4th quarter. True Wealth Design LLC now owns 486 shares of the company’s stock valued at $26,000 after buying an additional 427 shares in the last quarter. Institutional investors own 91.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on CARR. Zacks Research raised shares of Carrier Global from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 7th. Wolfe Research upped their target price on Carrier Global from $75.00 to $76.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 8th. The Goldman Sachs Group raised their target price on Carrier Global from $74.00 to $80.00 in a report on Friday, May 1st. Evercore lifted their price target on Carrier Global from $75.00 to $85.00 in a research note on Friday, May 1st. Finally, Argus boosted their price target on Carrier Global from $72.00 to $75.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Twelve equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $74.09.

Carrier Global Stock Performance

NYSE CARR opened at $73.56 on Monday. The firm’s fifty day moving average price is $66.28 and its two-hundred day moving average price is $60.96. The stock has a market cap of $61.09 billion, a PE ratio of 48.39, a PEG ratio of 2.95 and a beta of 1.34. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.75 and a current ratio of 1.05. Carrier Global Corporation has a fifty-two week low of $50.24 and a fifty-two week high of $81.09.

Carrier Global (NYSE:CARR) last announced its quarterly earnings results on Thursday, April 30th. The company reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.06. Carrier Global had a return on equity of 14.81% and a net margin of 5.99%.The company had revenue of $5.34 billion during the quarter, compared to analysts’ expectations of $5.01 billion. During the same period in the prior year, the company 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, equities analysts expect that Carrier Global Corporation will post 2.78 EPS for the current fiscal year.

Carrier Global Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Tuesday, July 21st will be given a $0.24 dividend. The ex-dividend date is Tuesday, July 21st. This represents a $0.96 annualized dividend and a yield of 1.3%. Carrier Global’s dividend payout ratio (DPR) is currently 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.