29,448 Shares in Carrier Global Corporation $CARR Acquired by Y.D. More Investments Ltd

Y.D. More Investments Ltd purchased a new position in Carrier Global Corporation (NYSE:CARR) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 29,448 shares of the company’s stock, valued at approximately $1,556,000.

Several other large investors also recently bought and sold shares of CARR. KERR FINANCIAL PLANNING Corp acquired a new stake in Carrier Global during the 3rd quarter valued at $25,000. YANKCOM Partnership increased its stake in Carrier Global by 78.5% during the 4th quarter. YANKCOM Partnership now owns 473 shares of the company’s stock worth $25,000 after buying an additional 208 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new position in Carrier Global in the 2nd quarter worth $26,000. Clayton Financial Group LLC purchased a new position in Carrier Global in the 3rd quarter valued at about $26,000. Finally, Global Wealth Strategies & Associates boosted its position in 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 during the last quarter. Institutional investors and hedge funds own 91.00% of the company’s stock.

Carrier Global Price Performance

Shares of NYSE:CARR opened at $55.79 on Monday. The company has a market cap of $46.61 billion, a PE ratio of 32.62, a P/E/G ratio of 2.27 and a beta of 1.32. Carrier Global Corporation has a fifty-two week low of $50.24 and a fifty-two week high of $81.09. The firm has a 50-day simple moving average of $60.35 and a 200 day simple moving average of $57.44. The company has a quick ratio of 0.85, a current ratio of 1.20 and a debt-to-equity ratio of 0.80.

Carrier Global (NYSE:CARR) last issued its earnings results on Thursday, February 5th. The company reported $0.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.02). Carrier Global had a return on equity of 15.30% and a net margin of 6.82%.The business had revenue of $4.84 billion during the quarter, compared to the consensus estimate of $5.05 billion. During the same period in the prior year, the business earned $0.54 EPS. The business’s revenue was down 6.0% on a year-over-year basis. Carrier Global has set its FY 2026 guidance at 2.800-2.800 EPS. On average, sell-side analysts anticipate that Carrier Global Corporation will post 2.99 EPS for the current year.

Analyst Upgrades and Downgrades

CARR has been the topic of a number of analyst reports. Citigroup lifted their target price on Carrier Global from $70.00 to $72.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Argus increased their price target on Carrier Global from $70.00 to $72.00 and gave the company a “buy” rating in a report on Monday, February 9th. Wells Fargo & Company lowered their price objective on Carrier Global from $65.00 to $58.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 1st. JPMorgan Chase & Co. lifted their price objective on Carrier Global from $60.00 to $63.00 and gave the stock a “neutral” rating in a report on Friday, January 16th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Carrier Global in a research report on Monday, December 29th. Twelve research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $70.15.

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.