OneDigital Investment Advisors LLC Makes New $2.22 Million Investment in Carrier Global Corporation $CARR

OneDigital Investment Advisors LLC bought a new stake in Carrier Global Corporation (NYSE:CARR) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 30,288 shares of the company’s stock, valued at approximately $2,222,000.

Several other institutional investors have also recently bought and sold shares of CARR. Financial Management Professionals Inc. grew its position in shares of Carrier Global by 142.4% in the 2nd quarter. Financial Management Professionals Inc. now owns 383 shares of the company’s stock valued at $28,000 after acquiring an additional 225 shares during the period. Torren Management LLC acquired a new stake in Carrier Global in the 4th quarter valued at about $25,000. Garton & Associates Financial Advisors LLC acquired a new stake in Carrier Global in the 4th quarter valued at about $33,000. Signature Equity Partners LLC grew its holdings in Carrier Global by 449.2% during the first quarter. Signature Equity Partners LLC now owns 648 shares of the company’s stock worth $36,000 after purchasing an additional 530 shares during the period. Finally, Kelleher Financial Advisors bought a new position in Carrier Global during the second quarter worth about $49,000. Institutional investors own 91.00% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on the company. Robert W. Baird upped their price objective on Carrier Global from $70.00 to $75.00 in a research note on Friday, May 1st. Evercore lifted their target price on Carrier Global from $75.00 to $85.00 in a research note on Friday, May 1st. Royal Bank Of Canada increased their price target on Carrier Global from $71.00 to $81.00 and gave the company an “outperform” rating in a research note on Friday, May 1st. Argus raised their price target on Carrier Global from $72.00 to $75.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Finally, Mizuho lifted their price objective on shares of Carrier Global from $67.00 to $75.00 in a research report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $73.67.

Carrier Global Price Performance

Shares of NYSE CARR opened at $62.78 on Monday. The stock has a market capitalization of $51.75 billion, a PE ratio of 43.60, a P/E/G ratio of 2.32 and a beta of 1.31. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.02 and a quick ratio of 0.72. The business has a fifty day moving average price of $68.18 and a two-hundred day moving average price of $64.06. Carrier Global Corporation has a fifty-two week low of $50.24 and a fifty-two week high of $76.76.

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

Carrier Global Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Tuesday, July 21st were issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Tuesday, July 21st. Carrier Global’s dividend payout ratio is presently 66.67%.

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.