Vanguard Group Inc. Sells 461,022 Shares of Carrier Global Corporation $CARR

Key Points

• Vanguard Group Inc. sold 461,022 shares, trimming its stake by 0.5% to 92,665,185 shares (about 11.0% of Carrier) valued at roughly $4.90 billion.
• Carrier missed Q4 estimates with EPS $0.34 vs. $0.36 and revenue $4.84B vs. $5.05B (revenue down 6% YoY), and set FY2026 guidance at 2.800 EPS.
• Dividend announced: Carrier declared a $0.24 quarterly dividend ($0.96 annualized, ~1.5% yield), with an ex‑dividend date of May 4 and payment on May 22.

Vanguard Group Inc. lowered its stake in shares of Carrier Global Corporation (NYSE:CARR - Free Report) by 0.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 92,665,185 shares of the company's stock after selling 461,022 shares during the quarter. Vanguard Group Inc. owned 11.00% of Carrier Global worth $4,896,428,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. KERR FINANCIAL PLANNING Corp bought a new position in Carrier Global in the 3rd quarter valued at $25,000. YANKCOM Partnership grew its stake in Carrier Global by 78.5% in the 4th quarter. YANKCOM Partnership now owns 473 shares of the company's stock valued at $25,000 after purchasing an additional 208 shares during the period. Salomon & Ludwin LLC grew its stake in Carrier Global by 460.5% in the 3rd quarter. Salomon & Ludwin LLC now owns 482 shares of the company's stock valued at $29,000 after purchasing an additional 396 shares during the period. True Wealth Design LLC grew its stake in Carrier Global by 723.7% in the 4th quarter. True Wealth Design LLC now owns 486 shares of the company's stock valued at $26,000 after purchasing an additional 427 shares during the period. Finally, Global Wealth Strategies & Associates grew its stake in Carrier Global by 150.0% in the 4th quarter. Global Wealth Strategies & Associates now owns 500 shares of the company's stock valued at $26,000 after purchasing an additional 300 shares during the period. Institutional investors own 91.00% of the company's stock.

Carrier Global Stock Performance

NYSE:CARR opened at $61.95 on Tuesday. The company has a quick ratio of 0.85, a current ratio of 1.20 and a debt-to-equity ratio of 0.80. The stock has a market cap of $51.75 billion, a P/E ratio of 36.23, a PEG ratio of 2.48 and a beta of 1.32. The business's 50-day moving average price is $59.79 and its two-hundred day moving average price is $57.58. Carrier Global Corporation has a twelve month low of $50.24 and a twelve month 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 EPS 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 firm had revenue of $4.84 billion for the quarter, compared to the consensus estimate of $5.05 billion. During the same quarter last year, the company posted $0.54 earnings per share. 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. As a group, equities analysts predict that Carrier Global Corporation will post 2.74 EPS for the current fiscal year.

Carrier Global Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Monday, May 4th will be given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 1.5%. The ex-dividend date is Monday, May 4th. Carrier Global's dividend payout ratio (DPR) is presently 56.14%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on CARR shares. Mizuho dropped their price target on Carrier Global from $75.00 to $67.00 and set an "outperform" rating on the stock in a research report on Monday, January 5th. Citigroup upped their price target on Carrier Global from $70.00 to $72.00 and gave the company a "buy" rating in a research report on Friday, February 6th. Barclays dropped their price objective on Carrier Global from $72.00 to $67.00 and set an "overweight" rating on the stock in a report on Wednesday, April 1st. The Goldman Sachs Group increased their price objective on Carrier Global from $68.00 to $74.00 and gave the stock a "buy" rating in a report on Friday, February 6th. Finally, Morgan Stanley set a $55.00 price objective on Carrier Global in a report on Thursday, January 8th. Thirteen investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, Carrier Global has an average rating of "Moderate Buy" and an average price target of $69.69.

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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