14,805 Shares in Carrier Global Corporation $CARR Purchased by Leonteq Securities AG

Leonteq Securities AG bought a new stake in shares of Carrier Global Corporation (NYSE:CARR) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 14,805 shares of the company’s stock, valued at approximately $782,000.

A number of other hedge funds have also made changes to their positions in CARR. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Carrier Global during the third quarter valued at approximately $25,000. YANKCOM Partnership raised its holdings in shares of Carrier Global by 78.5% during the fourth quarter. YANKCOM Partnership now owns 473 shares of the company’s stock valued at $25,000 after acquiring an additional 208 shares during the last quarter. Torren Management LLC acquired a new position in shares of Carrier Global during the fourth quarter valued at approximately $25,000. Global Wealth Strategies & Associates raised its holdings in shares of Carrier Global by 150.0% during the fourth quarter. Global Wealth Strategies & Associates now owns 500 shares of the company’s stock valued at $26,000 after acquiring an additional 300 shares during the last quarter. Finally, True Wealth Design LLC raised its holdings in shares of Carrier Global by 723.7% during the fourth quarter. True Wealth Design LLC now owns 486 shares of the company’s stock valued at $26,000 after acquiring an additional 427 shares during the last quarter. Institutional investors and hedge funds own 91.00% of the company’s stock.

Carrier Global Price Performance

CARR stock opened at $63.19 on Friday. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.05 and a quick ratio of 0.75. The business has a 50 day simple moving average of $60.72 and a 200-day simple moving average of $58.40. The firm has a market capitalization of $52.49 billion, a PE ratio of 41.57, a price-to-earnings-growth ratio of 2.47 and a beta of 1.38. Carrier Global Corporation has a 1 year low of $50.24 and a 1 year high of $81.09.

Carrier Global (NYSE:CARR) last posted its quarterly earnings results 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. The business had revenue of $5.34 billion during the quarter, compared to analyst estimates of $5.01 billion. Carrier Global had a return on equity of 14.81% and a net margin of 5.99%.The business’s revenue was up 2.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.65 earnings per share. Carrier Global has set its FY 2026 guidance at 2.800-2.800 EPS. Equities research analysts anticipate that Carrier Global Corporation will post 2.8 earnings per share for the current fiscal year.

Carrier Global Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 4th were given a $0.24 dividend. The ex-dividend date was Monday, May 4th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.5%. Carrier Global’s dividend payout ratio is 63.16%.

Wall Street Analyst Weigh In

A number of brokerages have commented on CARR. Royal Bank Of Canada increased their target price on Carrier Global from $71.00 to $81.00 and gave the company an “outperform” rating 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. Wells Fargo & Company increased their target price on Carrier Global from $58.00 to $71.00 in a report on Friday, May 1st. Mizuho increased their target price on Carrier Global from $67.00 to $75.00 in a report on Friday, May 1st. Finally, Robert W. Baird increased their target price on Carrier Global from $70.00 to $75.00 in a report on Friday, May 1st. Twelve investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat, Carrier Global presently has a consensus rating of “Moderate Buy” and an average target price of $73.78.

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.