Carrier Global Corporation $CARR Shares Purchased by Deprince Race & Zollo Inc.

Key Points

• Deprince Race & Zollo Inc. raised its stake in Carrier by 51.5%, buying 178,436 shares to hold 524,804 shares (about 0.06% of the company) worth $27.73 million, while overall institutional ownership stands near 91% as multiple funds also boosted positions.
• Analysts rate Carrier an overall "Moderate Buy" with an average price target of $69.93 (12 Buys, 9 Holds), though individual targets and ratings were recently mixed across firms.
• Carrier missed Q4 estimates (EPS $0.34 vs. $0.36; revenue $4.84B vs. $5.05B, down 6% YoY) and set FY2026 guidance at 2.800 EPS; the stock trades around $63.32 with a 1‑year range of $50.24–$81.09.

Deprince Race & Zollo Inc. increased its holdings in shares of Carrier Global Corporation (NYSE:CARR - Free Report) by 51.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 524,804 shares of the company's stock after acquiring an additional 178,436 shares during the period. Deprince Race & Zollo Inc. owned approximately 0.06% of Carrier Global worth $27,731,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of CARR. Spirepoint Private Client LLC boosted its holdings in Carrier Global by 547.7% in the 3rd quarter. Spirepoint Private Client LLC now owns 60,694 shares of the company's stock worth $3,623,000 after buying an additional 51,324 shares during the last quarter. Becker Capital Management Inc. boosted its holdings in Carrier Global by 5.6% in the 3rd quarter. Becker Capital Management Inc. now owns 425,547 shares of the company's stock worth $25,405,000 after buying an additional 22,377 shares during the last quarter. Foster Victor Wealth Advisors LLC boosted its holdings in Carrier Global by 24.1% in the 3rd quarter. Foster Victor Wealth Advisors LLC now owns 216,777 shares of the company's stock worth $12,931,000 after buying an additional 42,161 shares during the last quarter. Oak Thistle LLC acquired a new stake in Carrier Global in the 3rd quarter worth about $1,986,000. Finally, Brookstone Capital Management boosted its holdings in Carrier Global by 220.8% in the 3rd quarter. Brookstone Capital Management now owns 51,852 shares of the company's stock worth $3,096,000 after buying an additional 35,691 shares during the last quarter. 91.00% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. UBS Group lowered their price objective on Carrier Global from $73.00 to $70.00 and set a "buy" rating on the stock in a report on Monday, January 5th. Robert W. Baird lifted their price objective on Carrier Global from $66.00 to $72.00 and gave the stock an "outperform" rating in a report on Friday, February 6th. Zacks Research upgraded Carrier Global from a "strong sell" rating to a "hold" rating in a report on Tuesday, April 7th. Wolfe Research raised their target price on shares of Carrier Global from $75.00 to $76.00 and gave the stock an "outperform" rating in a research note on Wednesday, April 8th. Finally, Morgan Stanley set a $55.00 target price on shares of Carrier Global in a research note on Thursday, January 8th. Twelve analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, Carrier Global has an average rating of "Moderate Buy" and an average price target of $69.93.

Carrier Global Trading Down 0.0%

CARR opened at $63.32 on Monday. 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 company's 50 day simple moving average is $60.39 and its two-hundred day simple moving average is $57.40. Carrier Global Corporation has a 1-year low of $50.24 and a 1-year high of $81.09. The firm has a market capitalization of $52.90 billion, a price-to-earnings ratio of 37.03, a price-to-earnings-growth ratio of 2.58 and a beta of 1.32.

Carrier Global (NYSE:CARR - Get Free Report) last released its earnings results on Thursday, February 5th. The company reported $0.34 earnings per share for the quarter, missing analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $5.05 billion. During the same period last year, the business earned $0.54 earnings per share. The company'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. Analysts expect that Carrier Global Corporation will post 2.99 EPS for the current fiscal year.

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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