New England Research & Management Inc. Has $437,000 Holdings in Carrier Global Corporation $CARR

Key Points

• New England Research & Management cut its stake in Carrier by 83.3% in Q4, selling 41,275 shares and retaining 8,275 shares worth $437,000.
• Carrier missed Q4 expectations with $0.34 EPS vs. $0.36 expected and revenue of $4.84B vs. $5.05B expected, reporting revenue down 6% year‑over‑year and setting FY2026 guidance at 2.80 EPS.
• Analyst sentiment is a “Moderate Buy” consensus with an average price target of $70.82 (12 Buys, 8 Holds, 1 Sell) and recent targets ranging roughly from $55 to $74.

New England Research & Management Inc. lessened its stake in shares of Carrier Global Corporation (NYSE:CARR - Free Report) by 83.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,275 shares of the company's stock after selling 41,275 shares during the quarter. New England Research & Management Inc.'s holdings in Carrier Global were worth $437,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of CARR. KERR FINANCIAL PLANNING Corp bought a new position in shares of Carrier Global during the third quarter valued at $25,000. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Carrier Global in the 2nd quarter valued at $26,000. Clayton Financial Group LLC bought a new stake in shares of Carrier Global in the 3rd quarter worth about $26,000. Global Wealth Strategies & Associates grew its holdings in shares of Carrier Global by 150.0% in the 4th quarter. Global Wealth Strategies & Associates now owns 500 shares of the company's stock worth $26,000 after purchasing an additional 300 shares during the last quarter. Finally, Union Bancaire Privee UBP SA acquired a new stake in shares of Carrier Global during the 4th quarter worth about $27,000. Institutional investors and hedge funds own 91.00% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on CARR shares. Weiss Ratings reissued a "hold (c+)" rating on shares of Carrier Global in a report on Monday, December 29th. Barclays dropped their price objective on shares of Carrier Global from $74.00 to $72.00 and set an "overweight" rating for the company in a report on Wednesday, December 10th. Wolfe Research lifted their target price on shares of Carrier Global from $71.00 to $74.00 and gave the company an "outperform" rating in a research note on Friday, February 27th. Morgan Stanley set a $55.00 target price on Carrier Global in a report on Thursday, January 8th. Finally, JPMorgan Chase & Co. increased their price target on Carrier Global from $60.00 to $63.00 and gave the stock a "neutral" rating in a research report on Friday, January 16th. Twelve equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $70.82.

Carrier Global Trading Down 1.4%

Shares of NYSE CARR opened at $58.13 on Friday. 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 capitalization of $48.57 billion, a P/E ratio of 34.00, a P/E/G ratio of 2.37 and a beta of 1.32. 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 $60.30 and its 200 day simple moving average is $57.92.

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