Carrier Global Sees Unusually Large Options Volume (NYSE:CARR)

Carrier Global Corporation (NYSE:CARR) saw unusually large options trading activity on Thursday. Stock traders bought 18,275 put options on the company. This represents an increase of 189% compared to the average daily volume of 6,314 put options.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in CARR. Dynamic Advisor Solutions LLC grew its stake in shares of Carrier Global by 2.8% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 5,801 shares of the company’s stock valued at $426,000 after purchasing an additional 158 shares during the period. Texas Bank & Trust Co lifted its holdings in Carrier Global by 1.3% during the 1st quarter. Texas Bank & Trust Co now owns 13,176 shares of the company’s stock valued at $742,000 after purchasing an additional 175 shares during the last quarter. Personal CFO Solutions LLC lifted its holdings in Carrier Global by 0.7% during the 1st quarter. Personal CFO Solutions LLC now owns 24,671 shares of the company’s stock valued at $1,389,000 after purchasing an additional 181 shares during the last quarter. Brookstone Capital Management increased its holdings in shares of Carrier Global by 3.2% during the third quarter. Brookstone Capital Management now owns 6,192 shares of the company’s stock worth $340,000 after buying an additional 194 shares in the last quarter. Finally, PFG Investments LLC boosted its holdings in shares of Carrier Global by 2.8% in the 1st quarter. PFG Investments LLC now owns 7,242 shares of the company’s stock worth $408,000 after acquiring an additional 198 shares in the last quarter. Institutional investors and hedge funds own 91.00% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on CARR. Deutsche Bank Aktiengesellschaft cut their target price on shares of Carrier Global from $71.00 to $64.00 and set a “hold” rating for the company in a report on Wednesday, September 30th. Wells Fargo & Company began coverage on shares of Carrier Global in a research note on Thursday, September 24th. They set an “overweight” rating and a $67.00 target price on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Carrier Global in a report on Friday, October 16th. Mizuho decreased their price target on Carrier Global from $75.00 to $70.00 and set an “outperform” rating on the stock in a research note on Thursday, October 15th. Finally, Royal Bank Of Canada reduced their price target on shares of Carrier Global from $82.00 to $72.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 14th. Eleven analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, Carrier Global currently has an average rating of “Moderate Buy” and an average price target of $70.43.

Carrier Global News Summary

Here are the key news stories impacting Carrier Global this week:

• Positive Sentiment: Carrier reported third-quarter adjusted EPS of $0.87, ahead of the $0.76–$0.81 analyst estimates, while revenue rose 12% year over year to $6.26 billion, exceeding the $6.09 billion consensus. Carrier Reports Third Quarter 2026 Results
• Positive Sentiment: Demand indicators were strong: total orders increased approximately 35%, Commercial HVAC orders climbed about 60%, and data-center orders surged roughly 300%. The company also reported a record backlog above $8.5 billion and signed multibillion-dollar long-term agreements with minimum-volume commitments. Carrier Global Q3 2026 Data Center Orders
• Positive Sentiment: Carrier updated its 2026 outlook to reflect stronger sales, supported by HVAC demand, its backlog and tariff refunds. Operating cash flow was $813 million, free cash flow was $674 million, and the company returned approximately $600 million to shareholders through dividends and repurchases. Carrier Q3 Earnings and Guidance
• Neutral Sentiment: The company announced a planned investment exceeding $600 million in a new Fort Worth facility, potentially expanding long-term capacity but also increasing near-term capital requirements. Carrier Fort Worth Investment
• Negative Sentiment: GAAP EPS was a loss of $3.16 because of a goodwill impairment charge. Management also cited cost pressures, while unusually high put-option activity—18,275 contracts, about 189% above typical volume—signals increased investor hedging or bearish speculation.

Carrier Global Price Performance

Shares of NYSE:CARR traded down $0.84 on Thursday, reaching $55.43. 10,948,290 shares of the company were exchanged, compared to its average volume of 6,716,584. The company has a 50-day moving average of $56.62 and a 200-day moving average of $61.72. The company has a current ratio of 1.02, a quick ratio of 0.72 and a debt-to-equity ratio of 0.77. Carrier Global has a 1-year low of $50.24 and a 1-year high of $76.76. The firm has a market cap of $45.69 billion, a price-to-earnings ratio of 38.49, a price-to-earnings-growth ratio of 1.92 and a beta of 1.29.

Carrier Global (NYSE:CARR) last posted its quarterly earnings results on Thursday, October 29th. The company reported $0.87 EPS for the quarter, beating the consensus estimate of $0.76 by $0.11. Carrier Global had a net margin of 5.52% and a return on equity of 14.68%. The firm had revenue of $6.26 billion for the quarter, compared to analyst estimates of $6.09 billion. During the same quarter last year, the firm posted $0.67 earnings per share. Carrier Global’s revenue for the quarter was up 12.3% compared to the same quarter last year. Equities analysts forecast that Carrier Global will post 2.87 earnings per share for the current fiscal year.

Carrier Global Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 18th. Shareholders of record on Thursday, October 29th will be paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Thursday, October 29th. Carrier Global’s payout ratio is presently 66.67%.

Carrier Global Company Profile

Carrier Global Corporation (NYSE:CARR) is a global provider of intelligent climate and energy solutions. The company develops and manufactures heating, ventilation and air-conditioning (HVAC) systems, refrigeration equipment, building automation technologies and related controls and services for residential, commercial and industrial customers.

Its offerings include air conditioners, heat pumps, furnaces, boilers, chillers, ventilation systems, refrigeration systems and building management solutions.