48,379 Shares in Carrier Global Corporation $CARR Acquired by Gator Capital Management LLC

Gator Capital Management LLC bought a new position in shares of Carrier Global Corporation (NYSE:CARR) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 48,379 shares of the company’s stock, valued at approximately $2,556,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. KERR FINANCIAL PLANNING Corp bought a new stake in Carrier Global during the 3rd quarter worth approximately $25,000. YANKCOM Partnership increased its holdings in Carrier Global by 78.5% during the 4th quarter. YANKCOM Partnership now owns 473 shares of the company’s stock worth $25,000 after acquiring an additional 208 shares during the period. Torren Management LLC bought a new stake in Carrier Global during the 4th quarter worth approximately $25,000. Global Wealth Strategies & Associates increased its holdings in Carrier Global by 150.0% during the 4th quarter. Global Wealth Strategies & Associates now owns 500 shares of the company’s stock worth $26,000 after acquiring an additional 300 shares during the period. Finally, True Wealth Design LLC increased its holdings in shares of Carrier Global by 723.7% in the 4th quarter. True Wealth Design LLC now owns 486 shares of the company’s stock worth $26,000 after buying an additional 427 shares during the last quarter. Institutional investors own 91.00% of the company’s stock.

Carrier Global Trading Up 0.1%

Shares of CARR opened at $69.84 on Friday. The stock has a market capitalization of $58.01 billion, a P/E ratio of 45.95, a PEG ratio of 2.80 and a beta of 1.34. The company has a quick ratio of 0.75, a current ratio of 1.05 and a debt-to-equity ratio of 0.76. The firm has a fifty day simple moving average of $63.70 and a two-hundred day simple moving average of $59.63. Carrier Global Corporation has a twelve month low of $50.24 and a twelve month high of $81.09.

Carrier Global (NYSE:CARR) last announced its quarterly earnings results on Thursday, April 30th. The company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.06. The business had revenue of $5.34 billion during the quarter, compared to analysts’ expectations of $5.01 billion. Carrier Global had a net margin of 5.99% and a return on equity of 14.81%. The firm’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.65 EPS. Carrier Global has set its FY 2026 guidance at 2.800-2.800 EPS. On average, research analysts anticipate that Carrier Global Corporation will post 2.78 EPS for the current year.

Carrier Global Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Tuesday, July 21st will be paid a dividend of $0.24 per share. The ex-dividend date of this dividend is Tuesday, July 21st. This represents a $0.96 annualized dividend and a dividend yield of 1.4%. Carrier Global’s payout ratio is 63.16%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on CARR shares. Morgan Stanley increased their price target on shares of Carrier Global from $55.00 to $60.00 and gave the stock an “equal weight” rating in a report on Thursday, May 28th. Argus increased their price target on shares of Carrier Global from $72.00 to $75.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Barclays increased their price target on shares of Carrier Global from $67.00 to $79.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. Zacks Research raised shares of Carrier Global from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 7th. Finally, Weiss Ratings raised shares of Carrier Global from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, April 22nd. Twelve equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat.com, Carrier Global currently has a consensus rating of “Moderate Buy” and an average price target of $74.09.

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.