FinArc Investments Inc. Takes Position in Carrier Global Corporation $CARR

Posted by Brian Himes on Jul 31st, 2026

FinArc Investments Inc. bought a new stake in Carrier Global Corporation (NYSE:CARR – Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 37,802 shares of the company’s stock, valued at approximately $2,129,000. Carrier Global accounts for 2.0% of FinArc Investments Inc.’s investment portfolio, making the stock its 22nd largest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of CARR. Western Wealth Management LLC increased its holdings in Carrier Global by 12.7% during the 1st quarter. Western Wealth Management LLC now owns 5,975 shares of the company’s stock worth $336,000 after purchasing an additional 674 shares during the period. Orographic Financial Advisors LLC acquired a new stake in Carrier Global in the 1st quarter valued at about $421,000. Bank of America Corp DE boosted its stake in shares of Carrier Global by 14.4% in the 1st quarter. Bank of America Corp DE now owns 6,592,682 shares of the company’s stock valued at $371,234,000 after buying an additional 831,327 shares during the period. Strategic Investment Advisors MI purchased a new position in shares of Carrier Global in the 1st quarter valued at about $210,000. Finally, Arkadios Wealth Advisors grew its position in shares of Carrier Global by 19.0% during the first quarter. Arkadios Wealth Advisors now owns 8,975 shares of the company’s stock worth $505,000 after buying an additional 1,435 shares in the last quarter. 91.00% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Rothschild & Co Redburn upped their target price on shares of Carrier Global from $61.00 to $73.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 5th. Evercore lifted their price target on shares of Carrier Global from $75.00 to $85.00 in a research note on Friday, May 1st. Barclays boosted their price target on shares of Carrier Global from $67.00 to $79.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. JPMorgan Chase & Co. increased their price objective on shares of Carrier Global from $63.00 to $67.00 and gave the company a “neutral” rating in a research report on Thursday, May 14th. Finally, The Goldman Sachs Group raised their price target on Carrier Global from $74.00 to $80.00 in a research note on Friday, May 1st. Twelve equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat, Carrier Global currently has a consensus rating of “Moderate Buy” and an average price target of $73.67.

Read Our Latest Research Report on CARR

Carrier Global Stock Up 2.4%

CARR opened at $61.36 on Friday. Carrier Global Corporation has a one year low of $50.24 and a one year high of $76.76. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.75 and a current ratio of 1.02. The stock has a market capitalization of $50.97 billion, a P/E ratio of 42.61, a price-to-earnings-growth ratio of 2.32 and a beta of 1.31. The business’s 50-day simple moving average is $68.54 and its 200-day simple moving average is $63.49.

Carrier Global (NYSE:CARR – Get Free Report) last announced its earnings results on Tuesday, July 28th. The company reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.82 by $0.04. The firm had revenue of $6.35 billion during the quarter, compared to analysts’ expectations of $6.02 billion. Carrier Global had a return on equity of 14.68% and a net margin of 5.52%.The business’s revenue was up 3.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.92 EPS. Carrier Global has set its FY 2026 guidance at 2.900-2.900 EPS. Analysts anticipate that Carrier Global Corporation will post 2.88 EPS for the current year.

Carrier Global Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Tuesday, July 21st will be issued a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Tuesday, July 21st. Carrier Global’s dividend payout ratio is presently 66.67%.

About Carrier Global

(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.