First Trust Advisors LP Raises Stock Holdings in Carrier Global Corporation $CARR

Posted by Brian Himes on Jul 29th, 2026

First Trust Advisors LP raised its holdings in Carrier Global Corporation (NYSE:CARR – Free Report) by 128.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 436,163 shares of the company’s stock after purchasing an additional 245,558 shares during the period. First Trust Advisors LP’s holdings in Carrier Global were worth $24,560,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Aigen Investment Management LP raised its stake in shares of Carrier Global by 0.3% during the 4th quarter. Aigen Investment Management LP now owns 49,268 shares of the company’s stock worth $2,603,000 after buying an additional 166 shares during the period. Advisory Alpha LLC grew its stake in Carrier Global by 2.9% in the 4th 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 period. Texas Bank & Trust Co grew its stake in Carrier Global by 1.3% in the 1st quarter. Texas Bank & Trust Co now owns 13,176 shares of the company’s stock valued at $742,000 after acquiring an additional 175 shares during the period. Advisor OS LLC increased its holdings in Carrier Global by 0.8% in the 4th quarter. Advisor OS LLC now owns 21,477 shares of the company’s stock worth $1,135,000 after acquiring an additional 178 shares in the last quarter. Finally, Personal CFO Solutions LLC increased its holdings in Carrier Global by 0.7% in the 1st quarter. Personal CFO Solutions LLC now owns 24,671 shares of the company’s stock worth $1,389,000 after acquiring an additional 181 shares in the last quarter. 91.00% of the stock is currently owned by hedge funds and other institutional investors.

Carrier Global Stock Down 9.0%

NYSE CARR opened at $63.08 on Wednesday. The business has a fifty day moving average price of $68.63 and a 200 day moving average price of $63.41. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.75 and a current ratio of 1.05. The company has a market cap of $52.39 billion, a P/E ratio of 41.50, a P/E/G ratio of 2.78 and a beta of 1.31. Carrier Global Corporation has a one year low of $50.24 and a one year high of $76.76.

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

Carrier Global Announces Dividend

The firm also recently declared 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 payout ratio is presently 63.16%.

Carrier Global News Summary

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.

Analysts Set New Price Targets

Several research firms have issued reports on CARR. Royal Bank Of Canada increased their price objective on shares of Carrier Global from $71.00 to $81.00 and gave the company an “outperform” rating in a report on Friday, May 1st. The Goldman Sachs Group boosted their target price on shares of Carrier Global from $74.00 to $80.00 in a research note on Friday, May 1st. JPMorgan Chase & Co. upped their price target on shares of Carrier Global from $63.00 to $67.00 and gave the stock a “neutral” rating in a research report on Thursday, May 14th. Mizuho raised their price target on shares of Carrier Global from $67.00 to $75.00 in a research note on Friday, May 1st. Finally, Wolfe Research reiterated an “outperform” rating and issued a $80.00 price objective on shares of Carrier Global in a report on Thursday, July 9th. Twelve research 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 has a consensus rating of “Moderate Buy” and an average target price of $73.51.

Get Our Latest Stock Analysis on Carrier Global

Carrier Global 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.