Carrier Global Corporation $CARR Shares Sold by Azzad Asset Management Inc. ADV

Azzad Asset Management Inc. ADV decreased its position in shares of Carrier Global Corporation (NYSE:CARR) by 32.6% during the 3rd quarter, Holdings Channel.com reports. The firm owned 20,152 shares of the company’s stock after selling 9,754 shares during the quarter. Azzad Asset Management Inc. ADV’s holdings in Carrier Global were worth $1,203,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of CARR. JPMorgan Chase & Co. grew its holdings in Carrier Global by 23.8% during the second quarter. JPMorgan Chase & Co. now owns 38,536,301 shares of the company’s stock worth $2,820,485,000 after acquiring an additional 7,409,432 shares during the period. Norges Bank bought a new position in shares of Carrier Global during the 2nd quarter valued at about $524,939,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its stake in shares of Carrier Global by 1,742.8% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 3,623,000 shares of the company’s stock worth $265,167,000 after purchasing an additional 3,426,395 shares during the last quarter. Artisan Partners Limited Partnership raised its holdings in shares of Carrier Global by 63.6% in the 2nd quarter. Artisan Partners Limited Partnership now owns 4,952,738 shares of the company’s stock worth $362,491,000 after purchasing an additional 1,924,804 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in Carrier Global by 29.2% during the third quarter. Bank of New York Mellon Corp now owns 6,740,099 shares of the company’s stock valued at $402,384,000 after purchasing an additional 1,525,266 shares during the last quarter. Institutional investors own 91.00% of the company’s stock.

Carrier Global Price Performance

Shares of CARR opened at $63.98 on Monday. The business’s 50-day moving average is $55.44 and its 200-day moving average is $59.18. 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 has a market capitalization of $53.88 billion, a price-to-earnings ratio of 37.42, a P/E/G ratio of 2.63 and a beta of 1.33. Carrier Global Corporation has a fifty-two week low of $50.24 and a fifty-two week high of $81.09.

Carrier Global (NYSE:CARR) last announced its quarterly earnings data on Thursday, February 5th. The company reported $0.34 EPS for the quarter, missing analysts’ consensus estimates 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 analysts’ expectations of $5.05 billion. During the same period in the previous year, the firm posted $0.54 earnings per share. The business’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. Equities research analysts expect that Carrier Global Corporation will post 2.99 EPS for the current fiscal year.

Carrier Global Increases Dividend

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

Carrier Global announced that its Board of Directors has initiated a share buyback program on Tuesday, October 28th that allows the company to repurchase $5.00 billion in shares. This repurchase authorization allows the company to repurchase up to 10.1% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s management believes its stock is undervalued.

Analysts Set New Price Targets

Several research analysts have issued reports on CARR shares. Mizuho decreased their price target on shares of Carrier Global from $75.00 to $67.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. Barclays reduced their price objective on Carrier Global from $74.00 to $72.00 and set an “overweight” rating for the company in a research note on Wednesday, December 10th. JPMorgan Chase & Co. boosted their target price on Carrier Global from $60.00 to $63.00 and gave the stock a “neutral” rating in a research report on Friday, January 16th. Zacks Research upgraded Carrier Global from a “strong sell” rating to a “hold” rating in a report on Friday, November 21st. Finally, Oppenheimer reiterated a “market perform” rating on shares of Carrier Global in a report on Wednesday, October 29th. Ten equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $70.56.

More Carrier Global News

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

Carrier Global Company Profile

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.