Panagora Asset Management Inc. Sells 279,073 Shares of Carrier Global Corporation $CARR

Posted by Stanley Muller on Jun 16th, 2026

Panagora Asset Management Inc. decreased its position in shares of Carrier Global Corporation (NYSE:CARR – Free Report) by 38.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 447,848 shares of the company’s stock after selling 279,073 shares during the quarter. Panagora Asset Management Inc.’s holdings in Carrier Global were worth $23,664,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Becker Capital Management Inc. increased its holdings in shares of Carrier Global by 5.6% during the third quarter. Becker Capital Management Inc. now owns 425,547 shares of the company’s stock valued at $25,405,000 after acquiring an additional 22,377 shares in the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of Carrier Global by 6.9% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,127,670 shares of the company’s stock valued at $59,586,000 after acquiring an additional 72,906 shares in the last quarter. Y.D. More Investments Ltd bought a new stake in shares of Carrier Global during the fourth quarter valued at approximately $1,556,000. Cardinal Capital Management Inc. increased its holdings in shares of Carrier Global by 11.3% during the fourth quarter. Cardinal Capital Management Inc. now owns 410,196 shares of the company’s stock valued at $21,675,000 after acquiring an additional 41,647 shares in the last quarter. Finally, Canoe Financial LP increased its holdings in shares of Carrier Global by 607.5% during the fourth quarter. Canoe Financial LP now owns 1,195,050 shares of the company’s stock valued at $63,146,000 after acquiring an additional 1,026,147 shares in the last quarter. Institutional investors own 91.00% of the company’s stock.

Carrier Global Stock Up 1.8%

Shares of NYSE:CARR opened at $71.15 on Tuesday. The stock has a market cap of $59.09 billion, a price-to-earnings ratio of 46.81, a PEG ratio of 2.81 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. Carrier Global Corporation has a 12-month low of $50.24 and a 12-month high of $81.09. The business’s 50 day moving average is $64.01 and its 200 day moving average is $59.81.

Carrier Global (NYSE:CARR – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.06. Carrier Global had a return on equity of 14.81% and a net margin of 5.99%.The business had revenue of $5.34 billion for the quarter, compared to analysts’ expectations of $5.01 billion. During the same quarter in the previous year, the firm earned $0.65 earnings per share. The business’s revenue was up 2.4% on a year-over-year basis. Carrier Global has set its FY 2026 guidance at 2.800-2.800 EPS. On average, sell-side analysts forecast that Carrier Global Corporation will post 2.78 earnings per share for the current fiscal year.

Carrier Global Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Tuesday, July 21st will be given a $0.24 dividend. The ex-dividend date of this dividend is Tuesday, July 21st. This represents a $0.96 annualized dividend and a yield of 1.3%. Carrier Global’s payout ratio is currently 63.16%.

Analysts Set New Price Targets

CARR has been the subject of several recent research reports. The Goldman Sachs Group boosted their price objective on Carrier Global from $74.00 to $80.00 in a report on Friday, May 1st. JPMorgan Chase & Co. boosted their price objective on Carrier Global from $63.00 to $67.00 and gave the company a “neutral” rating in a report on Thursday, May 14th. Argus boosted their price objective on Carrier Global from $72.00 to $75.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Morgan Stanley boosted their price objective on Carrier Global from $55.00 to $60.00 and gave the company an “equal weight” rating in a report on Thursday, May 28th. Finally, Robert W. Baird boosted their price objective on Carrier Global from $70.00 to $75.00 in a report on Friday, May 1st. Twelve equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat.com, Carrier Global presently has an average rating of “Moderate Buy” and a consensus price target of $74.09.

Get Our Latest Stock Analysis on CARR

Carrier Global Company Profile

(Free Report)

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.