Carrier Global Corporation $CARR Shares Acquired by Corient Private Wealth LP

Key Points

• Corient Private Wealth increased its Carrier Global stake by 36.5% in the second quarter, purchasing 107,611 additional shares to own 402,497 shares valued at approximately $29.5 million. Institutional investors and hedge funds collectively own 91% of the stock.
• Carrier Global reported quarterly adjusted earnings of $0.86 per share, topping analyst expectations of $0.82, while revenue of $6.35 billion also exceeded estimates. Revenue increased 3.9% year over year, and the company maintained fiscal 2026 EPS guidance of $2.90.
• Analyst sentiment is generally positive, with Carrier holding a “Moderate Buy” consensus rating and an average price target of $73.67. The stock recently opened at $57.48, compared with a 52-week range of $50.24 to $76.76.

Corient Private Wealth LP boosted its stake in Carrier Global Corporation (NYSE:CARR - Free Report) by 36.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 402,497 shares of the company's stock after purchasing an additional 107,611 shares during the period. Corient Private Wealth LP's holdings in Carrier Global were worth $29,523,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. HORAN Wealth LLC raised its position in Carrier Global by 3.6% in the second quarter. HORAN Wealth LLC now owns 5,977 shares of the company's stock valued at $438,000 after purchasing an additional 206 shares during the period. Amundi lifted its position in Carrier Global by 9.3% during the 2nd quarter. Amundi now owns 3,418,666 shares of the company's stock worth $250,759,000 after acquiring an additional 290,120 shares in the last quarter. California State Teachers Retirement System lifted its position in Carrier Global by 6,864.2% during the 2nd quarter. California State Teachers Retirement System now owns 81,575,322 shares of the company's stock worth $5,983,550,000 after acquiring an additional 80,403,966 shares in the last quarter. Ameritas Advisory Services LLC purchased a new position in Carrier Global in the 2nd quarter worth approximately $1,632,000. Finally, Wedmont Private Capital boosted its holdings in Carrier Global by 2.8% in the 2nd quarter. Wedmont Private Capital now owns 17,840 shares of the company's stock worth $1,237,000 after acquiring an additional 488 shares during the period. 91.00% of the stock is currently owned by institutional investors and hedge funds.

Carrier Global Stock Performance

CARR stock opened at $57.48 on Monday. The company has a current ratio of 1.02, a quick ratio of 0.72 and a debt-to-equity ratio of 0.77. The firm has a market cap of $47.38 billion, a P/E ratio of 39.91, a P/E/G ratio of 2.21 and a beta of 1.30. Carrier Global Corporation has a 12-month low of $50.24 and a 12-month high of $76.76. The stock's 50 day simple moving average is $63.30 and its 200 day simple moving average is $63.50.

Carrier Global (NYSE:CARR - Get Free Report) last released its earnings results on Tuesday, July 28th. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.04. The firm had revenue of $6.35 billion during the quarter, compared to analyst estimates of $6.02 billion. Carrier Global had a net margin of 5.52% and a return on equity of 14.68%. The firm's revenue for the quarter was up 3.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.92 earnings per share. Carrier Global has set its FY 2026 guidance at 2.900-2.900 EPS. As a group, equities research analysts predict that Carrier Global Corporation will post 2.87 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on CARR. Morgan Stanley lifted their price objective on shares of Carrier Global from $55.00 to $60.00 and gave the company an "equal weight" rating in a research note on Thursday, May 28th. Zacks Research upgraded shares of Carrier Global from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 30th. Sanford C. Bernstein reiterated a "market perform" rating and issued a $78.00 price target on shares of Carrier Global in a research note on Thursday, July 30th. Weiss Ratings restated a "hold (c)" rating on shares of Carrier Global in a report on Monday, July 20th. Finally, Citigroup raised their price target on shares of Carrier Global from $79.00 to $80.00 and gave the stock a "buy" rating in a research report on Monday, July 13th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $73.67.

Carrier Global Company Profile

Carrier Global Corporation NYSE: CARR is a global provider of intelligent climate and energy solutions. The company develops and manufactures heating, ventilation and air conditioning (HVAC) systems and related controls, building automation technologies, and services designed to improve indoor comfort, energy efficiency and building performance.

Carrier also provides refrigeration equipment and systems for commercial, industrial and transportation applications, supporting food preservation and cold-chain operations.

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