Carnegie Investment Counsel Grows Stock Holdings in Carrier Global Corporation $CARR

Key Points

• Carnegie Investment Counsel boosted its stake in Carrier Global by 420.4% in Q4, adding 20,808 shares to hold 25,758 shares worth about $1.36 million at quarter-end.
• Carrier missed Q4 expectations (EPS $0.34 vs. $0.36 expected; revenue $4.84B vs. $5.05B expected) and set FY2026 guidance at $2.80 EPS.
• Analysts are generally positive overall with a consensus “Moderate Buy” rating and an average price target of $69.93 (12 Buys, 9 Holds).

Carnegie Investment Counsel increased its position in Carrier Global Corporation (NYSE:CARR - Free Report) by 420.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 25,758 shares of the company's stock after buying an additional 20,808 shares during the period. Carnegie Investment Counsel's holdings in Carrier Global were worth $1,361,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of CARR. KERR FINANCIAL PLANNING Corp purchased a new position in Carrier Global in the 3rd quarter worth approximately $25,000. Clayton Financial Group LLC bought a new position in Carrier Global in the 3rd quarter worth approximately $26,000. YANKCOM Partnership grew its holdings in Carrier Global by 78.5% during the 4th quarter. YANKCOM Partnership now owns 473 shares of the company's stock valued at $25,000 after buying an additional 208 shares in the last quarter. Salomon & Ludwin LLC grew its holdings in Carrier Global by 460.5% during the 3rd quarter. Salomon & Ludwin LLC now owns 482 shares of the company's stock valued at $29,000 after buying an additional 396 shares in the last quarter. Finally, True Wealth Design LLC raised its position 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 buying an additional 427 shares during the last quarter. Hedge funds and other institutional investors own 91.00% of the company's stock.

Carrier Global Trading Down 0.0%

CARR stock opened at $63.32 on Monday. The firm has a fifty day moving average price of $60.39 and a 200 day moving average price of $57.40. Carrier Global Corporation has a fifty-two week low of $50.24 and a fifty-two week high of $81.09. The firm has a market cap of $52.90 billion, a PE ratio of 37.03, a price-to-earnings-growth ratio of 2.58 and a beta of 1.32. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.85 and a current ratio of 1.20.

Carrier Global (NYSE:CARR - Get Free Report) last released its quarterly earnings results on Thursday, February 5th. The company reported $0.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $5.05 billion. During the same period in the previous year, the company earned $0.54 EPS. Carrier Global's revenue for the quarter was down 6.0% compared to the same quarter last year. Carrier Global has set its FY 2026 guidance at 2.800-2.800 EPS. Sell-side analysts anticipate that Carrier Global Corporation will post 2.99 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Wolfe Research boosted their target price on shares of Carrier Global from $75.00 to $76.00 and gave the stock an "outperform" rating in a report on Wednesday, April 8th. Wells Fargo & Company reduced their price target on shares of Carrier Global from $65.00 to $58.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 1st. Royal Bank Of Canada decreased their price target on shares of Carrier Global from $74.00 to $68.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 8th. CICC Research dropped their price objective on shares of Carrier Global from $76.85 to $69.78 and set an "outperform" rating for the company in a report on Wednesday, February 11th. Finally, Argus raised their price objective on Carrier Global from $70.00 to $72.00 and gave the company a "buy" rating in a research report on Monday, February 9th. Twelve equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $69.93.

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.

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