Carrier Global (NYSE:CARR) Price Target Raised to $72.00

Carrier Global (NYSE:CARR) had its price target lifted by Robert W. Baird from $66.00 to $72.00 in a research report report published on Friday,MarketScreener reports. The firm currently has an outperform rating on the stock.

Several other analysts have also commented on CARR. JPMorgan Chase & Co. lifted their price objective on shares of Carrier Global from $60.00 to $63.00 and gave the stock a “neutral” rating in a research report on Friday, January 16th. Royal Bank Of Canada decreased their price target on shares of Carrier Global from $75.00 to $70.00 and set an “outperform” rating for the company in a research note on Friday, December 5th. Barclays dropped their price objective on Carrier Global from $74.00 to $72.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 10th. Weiss Ratings reissued a “hold (c+)” rating on shares of Carrier Global in a research report on Monday, December 29th. Finally, Morgan Stanley set a $55.00 target price on Carrier Global in a research note on Thursday, January 8th. Ten research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $70.56.

Carrier Global Stock Performance

Shares of CARR stock opened at $63.98 on Friday. The firm has a 50 day moving average of $55.44 and a 200-day moving average of $59.18. The company has a market cap of $53.88 billion, a price-to-earnings ratio of 37.42, a price-to-earnings-growth ratio of 2.63 and a beta of 1.33. The company has a quick ratio of 0.85, a current ratio of 1.20 and a debt-to-equity ratio of 0.80. Carrier Global has a 52 week low of $50.24 and a 52 week high of $81.09.

Carrier Global (NYSE:CARR) last announced its quarterly earnings data on Thursday, February 5th. The company reported $0.34 earnings per share 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 company had revenue of $4.84 billion for the quarter, compared to analyst estimates of $5.05 billion. During the same quarter in the prior year, the company posted $0.54 EPS. Carrier Global’s revenue for the quarter was down 6.0% on a year-over-year basis. Carrier Global has set its FY 2026 guidance at 2.800-2.800 EPS. On average, equities analysts forecast that Carrier Global will post 2.99 earnings per share for the current year.

Carrier Global declared that its Board of Directors has approved a stock buyback plan on Tuesday, October 28th that permits the company to repurchase $5.00 billion in shares. This repurchase authorization permits the company to repurchase up to 10.1% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its shares are undervalued.

Carrier Global Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 9th. Investors of record on Tuesday, January 20th will be paid a dividend of $0.24 per share. This is an increase from Carrier Global’s previous quarterly dividend of $0.23. This represents a $0.96 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Tuesday, January 20th. Carrier Global’s dividend payout ratio is presently 56.14%.

Hedge Funds Weigh In On Carrier Global

Hedge funds and other institutional investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC boosted its stake in shares of Carrier Global by 11.2% in the 4th quarter. EverSource Wealth Advisors LLC now owns 6,314 shares of the company’s stock valued at $334,000 after purchasing an additional 636 shares in the last quarter. Bristol Gate Capital Partners Inc. raised its position in Carrier Global by 38.2% in the 4th quarter. Bristol Gate Capital Partners Inc. now owns 1,304,888 shares of the company’s stock worth $68,950,000 after purchasing an additional 360,703 shares during the period. Advisory Alpha LLC lifted its stake in Carrier Global by 2.9% in the fourth quarter. Advisory Alpha LLC now owns 6,034 shares of the company’s stock worth $319,000 after purchasing an additional 171 shares during the last quarter. Global Retirement Partners LLC lifted its stake in Carrier Global by 37.7% in the fourth quarter. Global Retirement Partners LLC now owns 14,004 shares of the company’s stock worth $740,000 after purchasing an additional 3,836 shares during the last quarter. Finally, Leonteq Securities AG purchased a new stake in Carrier Global during the fourth quarter valued at about $782,000. Hedge funds and other institutional investors own 91.00% of the company’s stock.

Trending Headlines about Carrier Global

Here are the key news stories impacting Carrier Global this week:

• Positive Sentiment: Several major brokers raised targets and kept favorable ratings, signaling buyside optimism and supporting upside. Highlights: Baird raised its target to $72 and kept an outperform rating. Baird Raises PT
• Positive Sentiment: RBC raised its target to $74 and maintained an outperform, and Goldman Sachs also lifted its target to $74 and kept a buy — both imply mid‑teens upside vs. recent levels. RBC Raises PT Goldman Raises PT
• Positive Sentiment: Baird/RBC/Goldman’s moves reflect confidence in non‑residential end markets (notably data centers and aftermarket), which analysts cite as durable growth drivers.
• Neutral Sentiment: Carrier highlighted plans for ~50% data‑center revenue growth in 2026 and reiterated margin expansion, buybacks and free cash flow generation — positives for medium‑term earnings power but partially offset by soft residential demand. Data Center Growth
• Neutral Sentiment: Company press release and investor materials show strong cash flow and ~$3.7B returned to shareholders in 2025, supporting buyback-led EPS support. Company PR
• Negative Sentiment: Q4 results missed: adjusted EPS of $0.34 vs. consensus $0.36 and revenue ~$4.84B vs. ~$5.05B — revenue and EPS were down year‑over‑year, prompting near‑term investor caution. Q4 Results
• Negative Sentiment: FY‑2026 guidance below consensus: company issued EPS guidance of $2.80 (Street ~2.87) and revenue guide roughly $22.0B vs. Street ~$22.5B — a key driver of downward pressure after the print. Guidance Miss
• Negative Sentiment: Street reaction to the miss was immediate: several outlets report shares fell on the results and guidance. Continued residential weakness remains the primary risk to near‑term revenue. Market Reaction

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.