Sone Capital Management LLC Buys New Position in Carrier Global Corporation $CARR

Posted by Stanley Muller on Aug 25th, 2026

Sone Capital Management LLC acquired a new stake in shares of Carrier Global Corporation (NYSE:CARR – Free Report) during the second quarter, Holdings Channel reports. The firm acquired 188,214 shares of the company’s stock, valued at approximately $13,805,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Torren Management LLC bought a new stake in shares of Carrier Global in the 4th quarter worth $25,000. Johnson Financial Group Inc. bought a new position in Carrier Global during the second quarter valued at about $25,000. Meeder Asset Management Inc. bought a new position in Carrier Global during the second quarter valued at about $26,000. Financial Management Professionals Inc. grew its holdings in Carrier Global by 142.4% during the second quarter. Financial Management Professionals Inc. now owns 383 shares of the company’s stock worth $28,000 after acquiring an additional 225 shares during the period. Finally, Garton & Associates Financial Advisors LLC acquired a new position in Carrier Global during the fourth quarter worth about $33,000. 91.00% of the stock is owned by institutional investors.

Carrier Global Trading Down 0.7%

NYSE:CARR opened at $59.92 on Tuesday. The stock has a fifty day simple moving average of $67.15 and a 200 day simple moving average of $64.13. The firm has a market capitalization of $49.39 billion, a price-to-earnings ratio of 41.61, a price-to-earnings-growth ratio of 2.23 and a beta of 1.31. Carrier Global Corporation has a 1-year low of $50.24 and a 1-year high of $76.76. The company has a quick ratio of 0.72, a current ratio of 1.02 and a debt-to-equity ratio of 0.77.

Carrier Global (NYSE:CARR – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.82 by $0.04. Carrier Global had a net margin of 5.52% and a return on equity of 14.68%. The company had revenue of $6.35 billion during the quarter, compared to analyst estimates of $6.02 billion. During the same period in the prior year, the firm earned $0.92 earnings per share. The business’s quarterly revenue was up 3.9% on a year-over-year basis. Carrier Global has set its FY 2026 guidance at 2.900-2.900 EPS. Sell-side analysts forecast that Carrier Global Corporation will post 2.89 earnings per share for the current year.

Carrier Global Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Tuesday, July 21st were given a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Tuesday, July 21st. Carrier Global’s dividend payout ratio is 66.67%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. Evercore upped their price target on shares of Carrier Global from $75.00 to $85.00 in a report on Friday, May 1st. Morgan Stanley lifted their price objective on shares of Carrier Global from $55.00 to $60.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 28th. Rothschild & Co Redburn boosted their target price on shares of Carrier Global from $61.00 to $73.00 and gave the stock a “neutral” rating in a report on Tuesday, May 5th. Wells Fargo & Company raised their target price on shares of Carrier Global from $58.00 to $71.00 in a report on Friday, May 1st. Finally, Argus lifted their price target on shares of Carrier Global from $72.00 to $75.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, Carrier Global presently has an average rating of “Moderate Buy” and an average price target of $73.67.

Check Out Our Latest Research Report on CARR

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.