OMERS ADMINISTRATION Corp Raises Stock Position in Carrier Global Corporation $CARR

OMERS ADMINISTRATION Corp raised its position in Carrier Global Corporation (NYSE:CARR) by 28.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 36,971 shares of the company’s stock after buying an additional 8,172 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Carrier Global were worth $2,082,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. YANKCOM Partnership grew its holdings in Carrier Global by 78.5% in the 4th quarter. YANKCOM Partnership now owns 473 shares of the company’s stock valued at $25,000 after buying an additional 208 shares in the last quarter. Torren Management LLC purchased a new position in shares of Carrier Global during the 4th quarter worth $25,000. Garton & Associates Financial Advisors LLC acquired a new position in shares of Carrier Global during the 4th quarter valued at about $33,000. Signature Equity Partners LLC boosted its position in shares of Carrier Global by 449.2% during the 1st quarter. Signature Equity Partners LLC now owns 648 shares of the company’s stock valued at $36,000 after acquiring an additional 530 shares during the last quarter. Finally, Princeton Global Asset Management LLC purchased a new stake in shares of Carrier Global in the fourth quarter valued at about $39,000. 91.00% of the stock is currently owned by institutional investors and hedge funds.

Carrier Global Stock Performance

Shares of CARR stock opened at $63.08 on Wednesday. The firm has a 50 day moving average of $68.63 and a two-hundred day moving average of $63.41. The stock has a market capitalization of $52.39 billion, a PE ratio of 41.50, a P/E/G ratio of 2.78 and a beta of 1.31. The company has a quick ratio of 0.75, a current ratio of 1.05 and a debt-to-equity ratio of 0.76. Carrier Global Corporation has a 52 week low of $50.24 and a 52 week high of $76.76.

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

Carrier Global Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Tuesday, July 21st will be issued a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Tuesday, July 21st. Carrier Global’s dividend payout ratio is 63.16%.

Analyst Ratings Changes

A number of research analysts recently commented on CARR shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Carrier Global in a report on Monday, July 20th. Robert W. Baird lifted their target price on Carrier Global from $70.00 to $75.00 in a research report on Friday, May 1st. Royal Bank Of Canada upped their price target on Carrier Global from $71.00 to $81.00 and gave the company an “outperform” rating in a research note on Friday, May 1st. Barclays raised their price objective on Carrier Global from $67.00 to $79.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Carrier Global from $63.00 to $67.00 and gave the company a “neutral” rating in a report on Thursday, May 14th. Twelve analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $73.51.

Carrier Global News Roundup

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.

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.