Mn Services Vermogensbeheer B.V. Sells 17,900 Shares of Carrier Global Corporation $CARR

Mn Services Vermogensbeheer B.V. lowered its holdings in shares of Carrier Global Corporation (NYSE:CARR) by 12.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 123,600 shares of the company’s stock after selling 17,900 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Carrier Global were worth $6,531,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC increased its stake in Carrier Global by 30.3% in the fourth quarter. Brighton Jones LLC now owns 7,958 shares of the company’s stock valued at $543,000 after acquiring an additional 1,850 shares during the period. AQR Capital Management LLC boosted its holdings in Carrier Global by 51.5% during the first quarter. AQR Capital Management LLC now owns 68,225 shares of the company’s stock valued at $4,236,000 after purchasing an additional 23,200 shares in the last quarter. United Bank boosted its holdings in Carrier Global by 41.2% during the second quarter. United Bank now owns 16,991 shares of the company’s stock valued at $1,244,000 after purchasing an additional 4,956 shares in the last quarter. Schnieders Capital Management LLC. grew its stake in shares of Carrier Global by 33.7% in the 2nd quarter. Schnieders Capital Management LLC. now owns 16,967 shares of the company’s stock valued at $1,242,000 after purchasing an additional 4,277 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of Carrier Global by 16.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 21,440 shares of the company’s stock worth $1,569,000 after buying an additional 3,107 shares in the last quarter. Institutional investors own 91.00% of the company’s stock.

Carrier Global Trading Down 2.0%

CARR stock opened at $55.79 on Friday. The business has a fifty day moving average price of $60.38 and a 200 day moving average price of $57.53. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.20 and a quick ratio of 0.85. Carrier Global Corporation has a fifty-two week low of $50.24 and a fifty-two week high of $81.09. The stock has a market capitalization of $46.61 billion, a price-to-earnings ratio of 32.62, a P/E/G ratio of 2.32 and a beta of 1.32.

Carrier Global (NYSE:CARR) last announced its earnings results on Thursday, February 5th. The company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.02). Carrier Global had a return on equity of 15.30% and a net margin of 6.82%.The business had revenue of $4.84 billion for the quarter, compared to the consensus estimate of $5.05 billion. During the same quarter in the previous year, the company posted $0.54 EPS. Carrier Global’s revenue for the quarter was down 6.0% on a year-over-year basis. Carrier Global has set its FY 2026 guidance at 2.800-2.800 EPS. Analysts expect that Carrier Global Corporation will post 2.99 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently commented on the company. CICC Research cut their target price on Carrier Global from $76.85 to $69.78 and set an “outperform” rating for the company in a research report on Wednesday, February 11th. Royal Bank Of Canada lifted their price objective on Carrier Global from $70.00 to $74.00 and gave the company an “outperform” rating in a report on Friday, February 6th. Wolfe Research boosted their target price on shares of Carrier Global from $71.00 to $74.00 and gave the company an “outperform” rating in a research note on Friday, February 27th. Barclays lowered their target price on shares of Carrier Global from $72.00 to $67.00 and set an “overweight” rating on the stock in a report on Wednesday. Finally, JPMorgan Chase & Co. lifted their price target on shares of Carrier Global from $60.00 to $63.00 and gave the company a “neutral” rating in a report on Friday, January 16th. Twelve equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $70.15.

Carrier Global Company Profile

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.