Union Square Park Capital Management LLC Invests $1.32 Million in Carrier Global Corporation $CARR

Union Square Park Capital Management LLC bought a new position in Carrier Global Corporation (NYSE:CARR) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 25,000 shares of the company’s stock, valued at approximately $1,321,000.

Several other institutional investors have also recently made changes to their positions in the company. Aigen Investment Management LP lifted its holdings in shares of Carrier Global by 0.3% in the 4th quarter. Aigen Investment Management LP now owns 49,268 shares of the company’s stock worth $2,603,000 after acquiring an additional 166 shares during the last quarter. Advisory Alpha LLC boosted its position in Carrier Global by 2.9% in the 4th quarter. Advisory Alpha LLC now owns 6,034 shares of the company’s stock valued at $319,000 after buying an additional 171 shares during the period. Advisor OS LLC boosted its position in Carrier Global by 0.8% in the 4th quarter. Advisor OS LLC now owns 21,477 shares of the company’s stock valued at $1,135,000 after buying an additional 178 shares during the period. Wescott Financial Advisory Group LLC boosted its position in Carrier Global by 4.7% in the 4th quarter. Wescott Financial Advisory Group LLC now owns 4,163 shares of the company’s stock valued at $220,000 after buying an additional 186 shares during the period. Finally, Rossmore Private Capital boosted its position in Carrier Global by 1.5% in the 4th quarter. Rossmore Private Capital now owns 12,944 shares of the company’s stock valued at $684,000 after buying an additional 187 shares during the period. Institutional investors own 91.00% of the company’s stock.

Carrier Global Stock Up 0.1%

NYSE:CARR opened at $71.21 on Wednesday. The company has a market cap of $59.15 billion, a PE ratio of 46.85, a P/E/G ratio of 2.85 and a beta of 1.34. Carrier Global Corporation has a twelve month low of $50.24 and a twelve month high of $81.09. 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 company’s 50 day moving average is $64.32 and its two-hundred day moving average is $59.93.

Carrier Global (NYSE:CARR) last issued its earnings results on Thursday, April 30th. The company reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.06. Carrier Global had a net margin of 5.99% and a return on equity of 14.81%. The firm had revenue of $5.34 billion during the quarter, compared to analysts’ expectations of $5.01 billion. During the same quarter last year, the company posted $0.65 earnings per share. The firm’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. Analysts anticipate that Carrier Global Corporation will post 2.78 EPS for the current year.

Carrier Global Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Tuesday, July 21st will be issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Tuesday, July 21st. Carrier Global’s dividend payout ratio (DPR) is 63.16%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on CARR. JPMorgan Chase & Co. boosted their price objective on shares of Carrier Global from $63.00 to $67.00 and gave the company a “neutral” rating in a research report on Thursday, May 14th. Weiss Ratings upgraded shares of Carrier Global from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, April 22nd. Citigroup boosted their price objective on shares of Carrier Global from $72.00 to $79.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. The Goldman Sachs Group boosted their target price on shares of Carrier Global from $74.00 to $80.00 in a research report on Friday, May 1st. Finally, Morgan Stanley boosted their target price on shares of Carrier Global from $55.00 to $60.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 28th. Twelve research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $74.09.

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.