Carrier Global (NYSE:CARR) Issues FY 2026 Earnings Guidance

Carrier Global (NYSE:CARR) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 2.900-2.900 for the period, compared to the consensus estimate of 2.800. The company issued revenue guidance of $23.0 billion-$23.0 billion, compared to the consensus revenue estimate of $22.2 billion.

Analyst Upgrades and Downgrades

CARR has been the subject of several research reports. Evercore raised their price objective on shares of Carrier Global from $75.00 to $85.00 in a research report on Friday, May 1st. Barclays upped their target price on shares of Carrier Global from $67.00 to $79.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. The Goldman Sachs Group boosted their price objective on shares of Carrier Global from $74.00 to $80.00 in a research report on Friday, May 1st. Argus upped their price objective on Carrier Global from $72.00 to $75.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Finally, BNP Paribas Exane initiated coverage on Carrier Global in a research note on Tuesday, April 14th. They issued a “neutral” rating and a $62.00 target price for the company. Twelve equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat.com, Carrier Global has an average rating of “Moderate Buy” and a consensus price target of $73.51.

Carrier Global Trading Up 0.8%

CARR opened at $69.43 on Tuesday. The firm has a 50 day simple moving average of $68.60 and a 200 day simple moving average of $63.33. Carrier Global has a fifty-two week low of $50.24 and a fifty-two week high of $81.09. The company has a market cap of $57.67 billion, a price-to-earnings ratio of 45.68, a price-to-earnings-growth ratio of 2.76 and a beta of 1.31. 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 (NYSE:CARR) last released its earnings results on Tuesday, July 28th. The company reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.82 by $0.04. The firm had revenue of $6.35 billion during the quarter, compared to analyst estimates of $6.02 billion. Carrier Global had a net margin of 5.99% and a return on equity of 14.81%. Carrier Global has set its FY 2026 guidance at 2.900-2.900 EPS. On average, sell-side analysts anticipate that Carrier Global will post 2.79 earnings per share for the current year.

Carrier Global Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Tuesday, July 21st will be given a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Tuesday, July 21st. Carrier Global’s dividend payout ratio (DPR) is currently 63.16%.

Hedge Funds Weigh In On Carrier Global

Several hedge funds have recently added to or reduced their stakes in CARR. Wescott Financial Advisory Group LLC boosted its holdings in Carrier Global by 4.7% during the fourth quarter. Wescott Financial Advisory Group LLC now owns 4,163 shares of the company’s stock worth $220,000 after buying an additional 186 shares during the last quarter. L2 Asset Management LLC raised its position in shares of Carrier Global by 5.9% in the 4th quarter. L2 Asset Management LLC now owns 3,979 shares of the company’s stock valued at $210,000 after acquiring an additional 221 shares during the period. Financial Engines Advisors L.L.C. raised its position in shares of Carrier Global by 5.7% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 4,973 shares of the company’s stock valued at $297,000 after acquiring an additional 270 shares during the period. Orion Porfolio Solutions LLC boosted its stake in Carrier Global by 0.8% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 37,188 shares of the company’s stock worth $2,722,000 after acquiring an additional 286 shares during the last quarter. Finally, First Citizens Bank & Trust Co. boosted its stake in Carrier Global by 3.7% during the 4th quarter. First Citizens Bank & Trust Co. now owns 9,483 shares of the company’s stock worth $501,000 after acquiring an additional 337 shares during the last quarter. Institutional investors and hedge funds own 91.00% of the company’s stock.

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.