Carrier Global Corporation $CARR Stock Holdings Boosted by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund increased its position in Carrier Global Corporation (NYSE:CARR) by 36.8% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 179,139 shares of the company’s stock after acquiring an additional 48,150 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Carrier Global were worth $10,087,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. KERR FINANCIAL PLANNING Corp acquired a new position in Carrier Global during the 3rd quarter valued at about $25,000. YANKCOM Partnership increased its stake in shares of Carrier Global by 78.5% in the fourth quarter. YANKCOM Partnership now owns 473 shares of the company’s stock valued at $25,000 after purchasing an additional 208 shares during the period. Torren Management LLC acquired a new stake in shares of Carrier Global in the fourth quarter valued at approximately $25,000. Global Wealth Strategies & Associates raised its holdings in shares of Carrier Global by 150.0% during the fourth quarter. Global Wealth Strategies & Associates now owns 500 shares of the company’s stock valued at $26,000 after buying an additional 300 shares during the last quarter. Finally, True Wealth Design LLC raised its holdings in shares of Carrier Global by 723.7% during the fourth quarter. True Wealth Design LLC now owns 486 shares of the company’s stock valued at $26,000 after buying an additional 427 shares during the last quarter. 91.00% of the stock is currently owned by institutional investors.

Carrier Global Trading Down 0.1%

Shares of NYSE:CARR opened at $69.97 on Friday. The company has a 50 day moving average of $67.36 and a 200-day moving average of $61.55. 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 market cap of $58.12 billion, a P/E ratio of 46.03, a P/E/G ratio of 2.81 and a beta of 1.31. Carrier Global Corporation has a twelve month low of $50.24 and a twelve month high of $81.09.

Carrier Global (NYSE:CARR) last posted its quarterly earnings data 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 net margin of 5.99% and a return on equity of 14.81%. The business had revenue of $5.34 billion for the quarter, compared to analyst estimates of $5.01 billion. During the same quarter last year, the business earned $0.65 earnings per share. The business’s revenue for the quarter was up 2.4% on a year-over-year basis. Carrier Global has set its FY 2026 guidance at 2.800-2.800 EPS. As a group, analysts anticipate that Carrier Global Corporation will post 2.78 earnings per share for the current fiscal year.

Carrier Global Announces Dividend

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

Analyst Ratings Changes

Several equities analysts have recently issued reports on CARR shares. Mizuho boosted their price objective on Carrier Global from $67.00 to $75.00 in a research report on Friday, May 1st. Evercore raised their target price on Carrier Global from $75.00 to $85.00 in a research report on Friday, May 1st. Barclays lifted their target price on Carrier Global from $67.00 to $79.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Wolfe Research boosted their price target on Carrier Global from $75.00 to $76.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 8th. Finally, BNP Paribas Exane started coverage on Carrier Global in a research note on Tuesday, April 14th. They issued a “neutral” rating and a $62.00 price target for the company. Twelve investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, Carrier Global currently has an average rating of “Moderate Buy” and an average target price of $73.25.

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.