Carrier Global (NYSE:CARR) Shares Acquired Rep. Rick Larsen

Key Points

• Rep. Rick Larsen (D‑WA) disclosed an April 7 purchase of between $1,001 and $15,000 of Carrier Global (NYSE:CARR) shares held in his "RICHARD R LARSEN IRA" account.
• Carrier reported a quarterly missed EPS ($0.34 vs. $0.36 expected) and a 6.0% year‑over‑year revenue decline, set FY2026 guidance at 2.80 EPS (sell‑side average ~2.99), and declared a $0.24 quarterly dividend (annualized yield ~1.6%).

Representative Rick Larsen (Democratic-Washington) recently bought shares of Carrier Global Corporation NYSE: CARR. In a filing disclosed on April 15th, the Representative disclosed that they had bought between $1,001 and $15,000 in Carrier Global stock on April 7th. The trade occurred in the Representative's "RICHARD R LARSEN IRA" account.

Representative Rick Larsen also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Broadridge Financial Solutions NYSE: BR on 4/7/2026.
• Sold $1,001 - $15,000 in shares of American Water Works NYSE: AWK on 4/7/2026.
• Sold $1,001 - $15,000 in shares of Paychex NASDAQ: PAYX on 4/7/2026.
• Purchased $1,001 - $15,000 in shares of NextEra Energy NYSE: NEE on 4/7/2026.
• Sold $1,001 - $15,000 in shares of American Express NYSE: AXP on 4/7/2026.
• Purchased $1,001 - $15,000 in shares of Wabtec NYSE: WAB on 4/7/2026.
• Sold $1,001 - $15,000 in shares of Sonida Senior Living NYSE: SNDA on 4/7/2026.
• Purchased $1,001 - $15,000 in shares of Casey's General Stores NASDAQ: CASY on 4/7/2026.

Carrier Global Stock Up 2.0%

Shares of NYSE:CARR opened at $59.70 on Friday. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.20 and a quick ratio of 0.85. The stock has a market cap of $49.88 billion, a price-to-earnings ratio of 34.91, a P/E/G ratio of 2.39 and a beta of 1.32. The company has a 50 day moving average of $60.36 and a 200-day moving average of $57.50. Carrier Global Corporation has a one year low of $50.24 and a one year high of $81.09.

Carrier Global (NYSE:CARR - Get Free Report) last announced its quarterly earnings data on Thursday, February 5th. The company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.02). Carrier Global had a net margin of 6.82% and a return on equity of 15.30%. The business had revenue of $4.84 billion during the quarter, compared to analyst estimates of $5.05 billion. During the same quarter in the prior year, the company earned $0.54 earnings per share. The company's quarterly revenue was down 6.0% on a year-over-year basis. Carrier Global has set its FY 2026 guidance at 2.800-2.800 EPS. On average, sell-side analysts forecast that Carrier Global Corporation will post 2.99 earnings per share for the current year.

Carrier Global Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Monday, May 4th will be given a dividend of $0.24 per share. The ex-dividend date is Monday, May 4th. This represents a $0.96 annualized dividend and a dividend yield of 1.6%. Carrier Global's payout ratio is currently 56.14%.

Carrier Global News Roundup

Here are the key news stories impacting Carrier Global this week:

• Positive Sentiment: Board declares quarterly cash dividend of $0.24/sh (annualized yield ~1.6%), signaling continued shareholder returns and helping support the share price. Carrier Board of Directors Declares Quarterly Cash Dividend
• Positive Sentiment: Insider buying by CEO David Gitlin (reported in recent market commentary) can be read as management confidence, which tends to be viewed positively by investors. Quiver Quantitative commentary
• Neutral Sentiment: BNP Paribas (Exane) initiated coverage with a Neutral rating and $62 price target (only modest upside from current levels), providing formal coverage but not a clear bullish catalyst. BNP Paribas initiates coverage
• Neutral Sentiment: Evercore has begun coverage of CARR (coverage starts to increase analyst visibility and trading interest, but initial impact depends on published stance). Evercore Begins Coverage on Carrier Global
• Negative Sentiment: Unusually large put-option buying (≈13,175 puts, ~133% above typical daily put volume) signals increased short-term bearish bets and can amplify downside moves or volatility. (Options flow reported in market data entry.)
• Negative Sentiment: Recent analyst price-target reductions and investor focus on softer near-term HVAC demand and conservative 2026 commentary have pressured sentiment; several notes flagged weaker residential trends and trimmed upside, which helps explain intraday weakness. Quiver Quantitative analysis

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on CARR. Rothschild & Co Redburn reduced their price target on Carrier Global from $67.00 to $61.00 and set a "neutral" rating on the stock in a research report on Wednesday, January 21st. Wolfe Research upped their price objective on Carrier Global from $75.00 to $76.00 and gave the company an "outperform" rating in a report on Wednesday, April 8th. Zacks Research raised Carrier Global from a "strong sell" rating to a "hold" rating in a research note on Tuesday, April 7th. JPMorgan Chase & Co. raised their target price on Carrier Global from $60.00 to $63.00 and gave the stock a "neutral" rating in a report on Friday, January 16th. Finally, Barclays decreased their target price on Carrier Global from $72.00 to $67.00 and set an "overweight" rating for the company in a research report on Wednesday, April 1st. Thirteen equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $69.79.

Institutional Trading of Carrier Global

A number of large investors have recently made changes to their positions in CARR. Spirepoint Private Client LLC lifted its stake in Carrier Global by 547.7% in the third quarter. Spirepoint Private Client LLC now owns 60,694 shares of the company's stock valued at $3,623,000 after buying an additional 51,324 shares in the last quarter. Becker Capital Management Inc. boosted its holdings in shares of Carrier Global by 5.6% in the third quarter. Becker Capital Management Inc. now owns 425,547 shares of the company's stock valued at $25,405,000 after buying an additional 22,377 shares during the period. Foster Victor Wealth Advisors LLC increased its position in shares of Carrier Global by 24.1% during the third quarter. Foster Victor Wealth Advisors LLC now owns 216,777 shares of the company's stock worth $12,931,000 after acquiring an additional 42,161 shares in the last quarter. Oak Thistle LLC acquired a new stake in shares of Carrier Global during the third quarter worth $1,986,000. Finally, Massachusetts Financial Services Co. MA raised its holdings in shares of Carrier Global by 6.9% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,127,670 shares of the company's stock worth $59,586,000 after acquiring an additional 72,906 shares during the period. Institutional investors own 91.00% of the company's stock.

About Representative Larsen

Rick Larsen (Democratic Party) is a member of the U.S. House, representing Washington's 2nd Congressional District. He assumed office on January 3, 2001. His current term ends on January 3, 2027. Larsen (Democratic Party) is running for re-election to the U.S. House to represent Washington's 2nd Congressional District. He declared candidacy for the 2026 election. Since at least 2011, Larsen has been assigned to the Committee on Armed Services and the Committee on Transportation and Infrastructure. Larsen's first position as an elected official was in 1998 as a member of the Snohomish County Council. Larsen earned his bachelor's degree from Pacific Lutheran University. After earning his master's degree in public affairs from the University of Minnesota, Larsen worked as the director of public affairs for the Washington State Dental Association and then as an economic development official with the Port of Everett. He went on to serve on the Snohomish County Council before seeking election to the U.S. House.

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.

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