Strs Ohio Purchases 74,097 Shares of Carrier Global Corporation $CARR

Strs Ohio increased its stake in shares of Carrier Global Corporation (NYSE:CARR) by 39.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 261,115 shares of the company’s stock after acquiring an additional 74,097 shares during the quarter. Strs Ohio’s holdings in Carrier Global were worth $13,797,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. KERR FINANCIAL PLANNING Corp purchased a new position in shares of Carrier Global in the third quarter worth $25,000. YANKCOM Partnership increased its position in Carrier Global by 78.5% during the 4th quarter. YANKCOM Partnership now owns 473 shares of the company’s stock valued at $25,000 after purchasing an additional 208 shares during the period. Torren Management LLC purchased a new position in Carrier Global during the 4th quarter valued at $25,000. Global Wealth Strategies & Associates increased its position in Carrier Global by 150.0% during the 4th quarter. Global Wealth Strategies & Associates now owns 500 shares of the company’s stock valued at $26,000 after purchasing an additional 300 shares during the period. Finally, True Wealth Design LLC increased its position in Carrier Global by 723.7% during the 4th quarter. True Wealth Design LLC now owns 486 shares of the company’s stock valued at $26,000 after purchasing an additional 427 shares during the period. 91.00% of the stock is owned by institutional investors.

Carrier Global Trading Up 0.2%

Shares of CARR opened at $67.74 on Monday. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.05 and a quick ratio of 0.75. Carrier Global Corporation has a 1 year low of $50.24 and a 1 year high of $81.09. The company has a 50 day simple moving average of $59.74 and a two-hundred day simple moving average of $57.72. The firm has a market cap of $56.59 billion, a P/E ratio of 44.56, a price-to-earnings-growth ratio of 2.70 and a beta of 1.38.

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

Carrier Global Announces Dividend

The business 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 dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Monday, May 4th. Carrier Global’s dividend payout ratio (DPR) is 63.16%.

Key Stories Impacting Carrier Global

Here are the key news stories impacting Carrier Global this week:

• Positive Sentiment: Q1 beat and upbeat outlook — Carrier reported adjusted EPS $0.57 vs. $0.51 consensus and revenue $5.34B vs. $5.01B estimate; management reaffirmed FY‑26 adjusted EPS $2.80 and ~$22B sales while saying backlog fully covers expected 2026 data‑center sales. These results and the guidance re‑affirmation are the main drivers lifting the stock. PR Newswire: Carrier Reports First Quarter 2026 Results
• Positive Sentiment: Data‑center and Commercial HVAC momentum — Carrier highlighted data‑center orders up over 500% and Commercial HVAC orders +35%, with total company orders +11%, signaling durable demand in higher‑margin segments. Seeking Alpha: Data‑center demand story
• Positive Sentiment: Analyst upgrades and price‑target increases — Multiple firms raised targets (examples: Evercore to $85, RBC to $81, Goldman to $80, Citi to $79, others), reinforcing bullish sentiment and providing fresh buy‑side interest. Benzinga: Analysts boost forecasts
• Positive Sentiment: Shareholder returns — Company returned about $500M in the quarter through dividends and repurchases, which supports valuation and investor confidence. PR Newswire: Capital returns
• Neutral Sentiment: Management commentary and detail — The earnings‑call transcript and slide deck provide color on product mix, backlog and timing for data‑center revenue; useful for confirming sustainability but not an immediate catalyst by itself. Seeking Alpha: Q1 call transcript
• Positive Sentiment: Insider buy — CEO David Gitlin bought shares recently, a signal some investors view as management confidence in the outlook. QuiverQuant: Insider activity
• Negative Sentiment: Cash conversion and organic trends — Operating cash flow was $79M and free cash flow was negative (~$15M) in the quarter; organic sales were down ~1% and GAAP EPS ($0.28) lagged the prior year, which could temper enthusiasm if cash conversion and organic growth don’t improve. PR Newswire: Financial details

Analysts Set New Price Targets

A number of research analysts have issued reports on CARR shares. Wells Fargo & Company boosted their price objective on shares of Carrier Global from $58.00 to $71.00 in a research report on Friday. Citigroup upped their target price on shares of Carrier Global from $72.00 to $79.00 and gave the company a “buy” rating in a research note on Friday. BNP Paribas Exane started coverage on shares of Carrier Global in a research report on Tuesday, April 14th. They set a “neutral” rating and a $62.00 price target for the company. Zacks Research raised shares of Carrier Global from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 7th. Finally, Robert W. Baird increased their target price on shares of Carrier Global from $70.00 to $75.00 in a report on Friday. Thirteen equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, Carrier Global presently has an average rating of “Moderate Buy” and an average target price of $73.39.

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.