Rep. Jared Moskowitz Buys Carrier Global Co. (NYSE:CARR) Shares

Representative Jared Moskowitz (D-Florida) recently bought shares of Carrier Global Co. (NYSE:CARR). In a filing disclosed on May 09th, the Representative disclosed that they had bought between $1,001 and $15,000 in Carrier Global stock on April 7th. The trade occurred in the Representative’s “MORGAN STANLEY ACTIVE ASSETS (1)” account.

Representative Jared Moskowitz also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 4/16/2025.
• Purchased $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 4/16/2025.
• Sold $1,001 – $15,000 in shares of Starbucks (NASDAQ:SBUX) on 4/10/2025.
• Sold $15,001 – $50,000 in shares of The Goldman Sachs Group (NYSE:GS) on 4/10/2025.
• Sold $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 4/10/2025.
• Purchased $1,001 – $15,000 in shares of Southern (NYSE:SO) on 4/7/2025.
• Purchased $1,001 – $15,000 in shares of AbbVie (NYSE:ABBV) on 4/7/2025.
• Purchased $1,001 – $15,000 in shares of Sherwin-Williams (NYSE:SHW) on 4/7/2025.
• Purchased $1,001 – $15,000 in shares of Texas Instruments (NASDAQ:TXN) on 4/7/2025.
• Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 4/7/2025.

Carrier Global Stock Up 1.1%

CARR stock traded up $0.79 during midday trading on Tuesday, reaching $74.23. The company had a trading volume of 1,075,764 shares, compared to its average volume of 4,544,453. The company has a 50 day moving average of $63.89 and a two-hundred day moving average of $67.90. The company has a market capitalization of $63.64 billion, a P/E ratio of 11.82, a PEG ratio of 2.01 and a beta of 1.33. Carrier Global Co. has a 1 year low of $54.22 and a 1 year high of $83.32. The company has a current ratio of 1.25, a quick ratio of 0.96 and a debt-to-equity ratio of 0.77.

Carrier Global (NYSE:CARR) last announced its quarterly earnings data on Thursday, May 1st. The company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.07. The business had revenue of $5.22 billion during the quarter, compared to analyst estimates of $5.17 billion. Carrier Global had a return on equity of 18.82% and a net margin of 23.83%. Carrier Global’s quarterly revenue was down 3.7% compared to the same quarter last year. During the same period last year, the company earned $0.51 earnings per share. On average, equities research analysts expect that Carrier Global Co. will post 2.99 earnings per share for the current fiscal year.

Carrier Global Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd. Shareholders of record on Friday, May 2nd will be paid a $0.225 dividend. The ex-dividend date is Friday, May 2nd. This represents a $0.90 annualized dividend and a yield of 1.21%. Carrier Global’s dividend payout ratio is presently 13.93%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in CARR. RFG Advisory LLC increased its position in Carrier Global by 36.2% during the fourth quarter. RFG Advisory LLC now owns 7,170 shares of the company’s stock worth $489,000 after acquiring an additional 1,904 shares during the period. Princeton Global Asset Management LLC increased its holdings in shares of Carrier Global by 1,156.1% during the 4th quarter. Princeton Global Asset Management LLC now owns 20,663 shares of the company’s stock worth $1,410,000 after purchasing an additional 19,018 shares during the period. Miracle Mile Advisors LLC acquired a new position in shares of Carrier Global during the fourth quarter valued at about $2,213,000. Waldron Private Wealth LLC raised its position in shares of Carrier Global by 90.5% during the fourth quarter. Waldron Private Wealth LLC now owns 16,532 shares of the company’s stock valued at $1,128,000 after buying an additional 7,854 shares during the last quarter. Finally, Gateway Wealth Partners LLC lifted its stake in shares of Carrier Global by 221.8% in the fourth quarter. Gateway Wealth Partners LLC now owns 10,327 shares of the company’s stock valued at $705,000 after buying an additional 7,118 shares during the period. 91.00% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Northcoast Research upgraded Carrier Global from a “neutral” rating to a “buy” rating and set a $85.00 price target for the company in a report on Friday. JPMorgan Chase & Co. cut their price objective on shares of Carrier Global from $78.00 to $64.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 8th. Barclays boosted their target price on shares of Carrier Global from $83.00 to $84.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 7th. Citigroup dropped their price target on shares of Carrier Global from $89.00 to $72.00 and set a “buy” rating on the stock in a research note on Monday, April 14th. Finally, Mizuho set a $72.00 price objective on shares of Carrier Global in a research note on Tuesday, April 22nd. Four investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $81.53.

About Representative Moskowitz

Jared Evan Moskowitz (Democratic Party) is a member of the U.S. House, representing Florida’s 23rd Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Moskowitz (Democratic Party) is running for re-election to the U.S. House to represent Florida’s 23rd Congressional District. He declared candidacy for the 2026 election.

Jared Evan Moskowitz was born in Coral Springs, Florida. Moskowitz graduated from Marjory Stoneman Douglas High School. He earned a bachelor’s degree in political science and government from George Washington University in 2003 and a law degree from Nova Southeastern University in 2007. Moskowitz’s career experience includes working as the director of the Florida Division of Emergency Management and general counsel with AshBritt Inc.

Carrier Global Company Profile

Carrier Global Corporation provides heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies in the United States, Europe, the Asia Pacific, and internationally. It operates through three segments: HVAC, Refrigeration, and Fire & Security.