Carrier Global Corporation $CARR Shares Acquired by Fiera Capital Corp

Fiera Capital Corp increased its holdings in Carrier Global Corporation (NYSE:CARR) by 5.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,923,485 shares of the company’s stock after acquiring an additional 348,812 shares during the quarter. Carrier Global makes up 1.2% of Fiera Capital Corp’s portfolio, making the stock its 25th biggest position. Fiera Capital Corp’s holdings in Carrier Global were worth $365,837,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of CARR. Brighton Jones LLC lifted its stake in shares of Carrier Global by 30.3% in the fourth quarter. Brighton Jones LLC now owns 7,958 shares of the company’s stock worth $543,000 after acquiring an additional 1,850 shares in the last quarter. AQR Capital Management LLC lifted its stake in shares of Carrier Global by 51.5% in the first quarter. AQR Capital Management LLC now owns 68,225 shares of the company’s stock worth $4,236,000 after acquiring an additional 23,200 shares in the last quarter. United Bank lifted its stake in shares of Carrier Global by 41.2% in the second quarter. United Bank now owns 16,991 shares of the company’s stock worth $1,244,000 after acquiring an additional 4,956 shares in the last quarter. Schnieders Capital Management LLC. increased its holdings in Carrier Global by 33.7% in the second quarter. Schnieders Capital Management LLC. now owns 16,967 shares of the company’s stock valued at $1,242,000 after buying an additional 4,277 shares during the last quarter. Finally, Guggenheim Capital LLC increased its holdings in Carrier Global by 6.0% in the second quarter. Guggenheim Capital LLC now owns 9,903 shares of the company’s stock valued at $725,000 after buying an additional 561 shares during the last quarter. Institutional investors and hedge funds own 91.00% of the company’s stock.

Analyst Ratings Changes

CARR has been the subject of several research analyst reports. Citigroup boosted their price objective on Carrier Global from $72.00 to $79.00 and gave the company a “buy” rating in a report on Friday, May 1st. The Goldman Sachs Group boosted their price objective on Carrier Global from $74.00 to $80.00 in a report on Friday, May 1st. Weiss Ratings raised Carrier Global from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, April 22nd. Rothschild & Co Redburn boosted their price objective on Carrier Global from $61.00 to $73.00 and gave the company a “neutral” rating in a report on Tuesday, May 5th. Finally, Evercore boosted their price objective on Carrier Global from $75.00 to $85.00 in a report on Friday, May 1st. Twelve investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, Carrier Global presently has a consensus rating of “Moderate Buy” and a consensus price target of $74.04.

Carrier Global Stock Up 0.0%

NYSE:CARR opened at $67.18 on Monday. The firm has a market capitalization of $55.79 billion, a PE ratio of 44.19, a price-to-earnings-growth ratio of 2.69 and a beta of 1.34. The stock has a 50 day moving average of $62.30 and a 200-day moving average of $59.07. Carrier Global Corporation has a 52 week low of $50.24 and a 52 week 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.

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

Carrier Global Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Tuesday, July 21st will be issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Tuesday, July 21st. Carrier Global’s dividend payout ratio is 63.16%.

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.