O Shaughnessy Asset Management LLC Has $7.63 Million Stock Holdings in Carrier Global Corporation $CARR

O Shaughnessy Asset Management LLC cut its holdings in Carrier Global Corporation (NYSE:CARR) by 6.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 144,315 shares of the company’s stock after selling 9,288 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Carrier Global were worth $7,626,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. 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 valued at $319,000 after acquiring an additional 171 shares during the last quarter. Advisor OS LLC lifted its stake in Carrier Global by 0.8% in the fourth quarter. Advisor OS LLC now owns 21,477 shares of the company’s stock valued at $1,135,000 after acquiring an additional 178 shares during the last quarter. Rossmore Private Capital lifted its stake in Carrier Global by 1.5% in the fourth quarter. Rossmore Private Capital now owns 12,944 shares of the company’s stock valued at $684,000 after acquiring an additional 187 shares during the last quarter. Code Waechter LLC lifted its stake in Carrier Global by 5.0% in the fourth quarter. Code Waechter LLC now owns 3,983 shares of the company’s stock valued at $210,000 after acquiring an additional 189 shares during the last quarter. Finally, JFS Wealth Advisors LLC lifted its stake in Carrier Global by 13.7% in the fourth quarter. JFS Wealth Advisors LLC now owns 1,586 shares of the company’s stock valued at $84,000 after acquiring an additional 191 shares during the last quarter. 91.00% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Weiss Ratings raised shares of Carrier Global from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, April 22nd. Sanford C. Bernstein assumed coverage on shares of Carrier Global in a report on Tuesday. They set a “market perform” rating and a $75.00 price objective for the company. Morgan Stanley upped their price objective 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. JPMorgan Chase & Co. upped their price objective on shares of Carrier Global from $63.00 to $67.00 and gave the stock a “neutral” rating in a report on Thursday, May 14th. Finally, Evercore upped their price objective on shares of Carrier Global from $75.00 to $85.00 in a report on Friday, May 1st. Twelve 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, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $74.09.

Carrier Global Price Performance

NYSE:CARR opened at $68.05 on Thursday. The stock has a market cap of $56.52 billion, a P/E ratio of 44.77, a PEG ratio of 2.86 and a beta of 1.34. Carrier Global Corporation has a one year low of $50.24 and a one year high of $81.09. The company has a fifty day moving average price of $63.17 and a 200 day moving average price of $59.44. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.05 and a quick ratio of 0.75.

Carrier Global (NYSE:CARR) last released its earnings results on Thursday, April 30th. The company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.51 by $0.06. The firm 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 business’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.65 EPS. Carrier Global has set its FY 2026 guidance at 2.800-2.800 EPS. Analysts anticipate that Carrier Global Corporation will post 2.78 earnings per share for the current year.

Carrier Global Announces Dividend

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

Carrier Global 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.