MASTERINVEST Kapitalanlage GmbH Purchases Shares of 20,257 Carrier Global Corporation $CARR

MASTERINVEST Kapitalanlage GmbH purchased a new position in Carrier Global Corporation (NYSE:CARR) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 20,257 shares of the company’s stock, valued at approximately $1,486,000.

Several other institutional investors and hedge funds also recently made changes to their positions in CARR. Dynamic Advisor Solutions LLC lifted its stake in shares of Carrier Global by 2.8% in the second quarter. Dynamic Advisor Solutions LLC now owns 5,801 shares of the company’s stock valued at $426,000 after buying an additional 158 shares during the period. Aigen Investment Management LP grew its position in Carrier Global by 0.3% during the fourth quarter. Aigen Investment Management LP now owns 49,268 shares of the company’s stock worth $2,603,000 after buying an additional 166 shares in the last quarter. Advisory Alpha LLC increased its stake in Carrier Global by 2.9% during the fourth quarter. Advisory Alpha LLC now owns 6,034 shares of the company’s stock valued at $319,000 after acquiring an additional 171 shares during the period. Texas Bank & Trust Co increased its stake in Carrier Global by 1.3% during the first quarter. Texas Bank & Trust Co now owns 13,176 shares of the company’s stock valued at $742,000 after acquiring an additional 175 shares during the period. Finally, Advisor OS LLC increased its stake in Carrier Global by 0.8% during the fourth quarter. Advisor OS LLC now owns 21,477 shares of the company’s stock valued at $1,135,000 after acquiring an additional 178 shares during the period. Institutional investors own 91.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Argus raised their price objective on Carrier Global from $72.00 to $75.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Royal Bank Of Canada boosted their price objective on Carrier Global from $71.00 to $81.00 and gave the company an “outperform” rating in a research report on Friday, May 1st. The Goldman Sachs Group upped their target price on Carrier Global from $74.00 to $80.00 in a research note on Friday, May 1st. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $78.00 target price on shares of Carrier Global in a research report on Thursday, July 30th. Finally, Wells Fargo & Company lifted their price target on shares of Carrier Global from $58.00 to $71.00 in a research note on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, Carrier Global presently has an average rating of “Moderate Buy” and an average price target of $73.67.

Carrier Global Stock Up 0.2%

Shares of CARR opened at $58.83 on Friday. The stock has a market cap of $48.50 billion, a price-to-earnings ratio of 40.85, a P/E/G ratio of 2.17 and a beta of 1.31. The company has a quick ratio of 0.72, a current ratio of 1.02 and a debt-to-equity ratio of 0.77. Carrier Global Corporation has a 12 month low of $50.24 and a 12 month high of $76.76. The company has a 50-day moving average price of $66.42 and a two-hundred day moving average price of $64.02.

Carrier Global (NYSE:CARR) last released its quarterly earnings data on Tuesday, July 28th. The company reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.82 by $0.04. Carrier Global had a return on equity of 14.68% and a net margin of 5.52%.The company had revenue of $6.35 billion for the quarter, compared to the consensus estimate of $6.02 billion. During the same period in the previous year, the business earned $0.92 earnings per share. The company’s quarterly revenue was up 3.9% on a year-over-year basis. Carrier Global has set its FY 2026 guidance at 2.900-2.900 EPS. Equities analysts predict that Carrier Global Corporation will post 2.89 EPS for the current fiscal year.

Carrier Global Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Tuesday, July 21st were paid a $0.24 dividend. The ex-dividend date of this dividend was Tuesday, July 21st. This represents a $0.96 annualized dividend and a yield of 1.6%. Carrier Global’s payout ratio is currently 66.67%.

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.