Tredje AP fonden Increases Stake in Carrier Global Corporation $CARR

Tredje AP fonden raised its stake in Carrier Global Corporation (NYSE:CARR) by 20.9% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 543,937 shares of the company’s stock after purchasing an additional 93,937 shares during the quarter. Tredje AP fonden owned 0.06% of Carrier Global worth $28,742,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. KERR FINANCIAL PLANNING Corp bought a new stake in Carrier Global during the 3rd quarter valued at $25,000. YANKCOM Partnership grew its holdings in Carrier Global by 78.5% in 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 last quarter. Torren Management LLC bought a new stake in Carrier Global in the 4th quarter worth $25,000. Global Wealth Strategies & Associates increased its position in shares of Carrier Global by 150.0% in the fourth quarter. Global Wealth Strategies & Associates now owns 500 shares of the company’s stock valued at $26,000 after acquiring an additional 300 shares during the period. Finally, True Wealth Design LLC increased its position in shares of Carrier Global by 723.7% in the fourth quarter. True Wealth Design LLC now owns 486 shares of the company’s stock valued at $26,000 after acquiring an additional 427 shares during the period. Hedge funds and other institutional investors own 91.00% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on CARR shares. The Goldman Sachs Group boosted their price target on Carrier Global from $74.00 to $80.00 in a report on Friday, May 1st. Evercore lifted their price objective on Carrier Global from $75.00 to $85.00 in a research report on Friday, May 1st. Argus boosted their target price on Carrier Global from $72.00 to $75.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Mizuho upped their target price on Carrier Global from $67.00 to $75.00 in a report on Friday, May 1st. Finally, CICC Research dropped their price target on Carrier Global from $76.85 to $69.78 and set an “outperform” rating for the company in a research note on Wednesday, February 11th. Twelve equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, Carrier Global presently has a consensus rating of “Moderate Buy” and a consensus price target of $73.78.

Carrier Global Stock Performance

Shares of CARR opened at $64.68 on Tuesday. The company has a 50-day simple moving average of $60.40 and a two-hundred day simple moving average of $58.31. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.05 and a quick ratio of 0.75. The firm has a market capitalization of $53.72 billion, a PE ratio of 42.55, a price-to-earnings-growth ratio of 2.57 and a beta of 1.38. Carrier Global Corporation has a one year low of $50.24 and a one year high of $81.09.

Carrier Global (NYSE:CARR) last posted its earnings results on Thursday, April 30th. The company reported $0.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.06. The firm had revenue of $5.34 billion for the quarter, compared to the consensus estimate of $5.01 billion. Carrier Global had a return on equity of 14.81% and a net margin of 5.99%.The business’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.65 EPS. Carrier Global has set its FY 2026 guidance at 2.800-2.800 EPS. On average, analysts anticipate that Carrier Global Corporation will post 2.8 EPS for the current fiscal year.

Carrier Global Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Monday, May 4th will be issued a $0.24 dividend. The ex-dividend date is Monday, May 4th. This represents a $0.96 dividend on an annualized basis and a yield of 1.5%. Carrier Global’s dividend payout ratio is 63.16%.

Carrier Global Company 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.