Carrier Global Corporation $CARR Shares Bought by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp raised its stake in shares of Carrier Global Corporation (NYSE:CARR) by 28.4% in the 1st quarter, Holdings Channel reports. The fund owned 36,971 shares of the company’s stock after acquiring an additional 8,172 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in Carrier Global were worth $2,082,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Torren Management LLC purchased a new position in shares of Carrier Global during the 4th quarter worth approximately $25,000. YANKCOM Partnership grew its holdings in Carrier Global by 78.5% during the fourth quarter. YANKCOM Partnership now owns 473 shares of the company’s stock worth $25,000 after acquiring an additional 208 shares during the period. Garton & Associates Financial Advisors LLC acquired a new position in Carrier Global during the fourth quarter worth $33,000. Signature Equity Partners LLC raised its position in Carrier Global by 449.2% in the first quarter. Signature Equity Partners LLC now owns 648 shares of the company’s stock worth $36,000 after acquiring an additional 530 shares in the last quarter. Finally, Princeton Global Asset Management LLC purchased a new position in Carrier Global in the fourth quarter worth $39,000. 91.00% of the stock is currently owned by institutional investors and hedge funds.

Carrier Global Stock Performance

Shares of CARR opened at $63.08 on Wednesday. The company has a current ratio of 1.05, a quick ratio of 0.75 and a debt-to-equity ratio of 0.76. The stock has a market cap of $52.39 billion, a P/E ratio of 41.50, a PEG ratio of 2.78 and a beta of 1.31. The company has a 50-day moving average of $68.63 and a two-hundred day moving average of $63.41. Carrier Global Corporation has a 12-month low of $50.24 and a 12-month high of $76.76.

Carrier Global (NYSE:CARR) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.82 by $0.04. Carrier Global had a net margin of 5.99% and a return on equity of 14.81%. The business had revenue of $6.35 billion for the quarter, compared to analyst estimates of $6.02 billion. During the same period in the prior year, the business earned $0.92 earnings per share. The company’s quarterly revenue was up 3.9% on a year-over-year basis. Carrier Global has set its FY 2026 guidance at 2.900-2.900 EPS. As a group, research analysts predict that Carrier Global Corporation will post 2.79 EPS for the current fiscal year.

Carrier Global Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Tuesday, July 21st will be given a dividend of $0.24 per share. The ex-dividend date is Tuesday, July 21st. This represents a $0.96 dividend on an annualized basis and a yield of 1.5%. Carrier Global’s dividend payout ratio (DPR) is 63.16%.

Key Stories Impacting Carrier Global

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

• Positive Sentiment: Quarterly results exceeded expectations: Carrier reported adjusted EPS of $0.86 versus the $0.82-$0.83 analyst consensus, while revenue of $6.35 billion surpassed estimates of roughly $6.02 billion. Revenue increased 3.9% year over year, and HVAC orders rose, supporting investor confidence in demand. Carrier Q2 Earnings & Sales Top Estimates, HVAC Orders Up Y/Y
• Positive Sentiment: Full-year outlook was raised: Carrier now expects approximately $23 billion in 2026 sales and adjusted EPS of about $2.90, above consensus expectations of approximately $22.2 billion and $2.80, respectively. The company also increased its outlook for adjusted operating profit. Carrier Reports Second Quarter 2026 Results
• Positive Sentiment: Data-center demand is becoming a larger growth driver: Carrier lifted its 2026 data-center revenue outlook to approximately $2 billion, indicating strong commercial HVAC demand tied to data-center construction and expansion. Carrier forecasts 2026 sales and EPS
• Neutral Sentiment: NORESCO sale streamlines the portfolio: Carrier agreed to sell its NORESCO energy-services business to OPTERRA Energy Services, an LS Power subsidiary. The transaction may sharpen Carrier’s focus on climate and HVAC solutions, although financial terms and the effect on earnings were not highlighted. Carrier Announces Agreement to Sell NORESCO
• Negative Sentiment: Profitability remains a concern: Quarterly EPS declined from $0.92 a year earlier to $0.86, and reports noted margin pressure. With Carrier trading at a relatively demanding earnings multiple, investors appear to have treated the guidance increase as insufficient to offset concerns about near-term margins and earnings quality.

Wall Street Analysts Forecast Growth

Several brokerages have commented on CARR. Royal Bank Of Canada upped their price target on shares of Carrier Global from $71.00 to $81.00 and gave the stock an “outperform” rating in a research note on Friday, May 1st. Evercore raised their price objective on shares of Carrier Global from $75.00 to $85.00 in a research note on Friday, May 1st. Weiss Ratings reissued a “hold (c)” rating on shares of Carrier Global in a report on Monday, July 20th. The Goldman Sachs Group upped their target price on shares of Carrier Global from $74.00 to $80.00 in a research report on Friday, May 1st. Finally, Sanford C. Bernstein assumed coverage on shares of Carrier Global in a report on Tuesday, June 9th. They issued a “market perform” rating and a $75.00 target price for the company. Twelve investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat.com, Carrier Global has an average rating of “Moderate Buy” and an average target price of $73.51.

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.