Carrier Global Corporation $CARR Stock Acquired by Commonwealth Equity Services LLC

Posted by Francis Steltz on Nov 11th, 2026

Commonwealth Equity Services LLC increased its position in shares of Carrier Global Corporation (NYSE:CARR – Free Report) by 20.8% in the third quarter, HoldingsChannel.com reports. The firm owned 313,916 shares of the company’s stock after acquiring an additional 53,960 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Carrier Global were worth $17,221,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of CARR. Bank of New York Mellon Corp acquired a new stake in Carrier Global in the second quarter valued at $590,759,000. Bank of America Corp DE purchased a new stake in Carrier Global during the 2nd quarter worth about $572,908,000. Dimensional Fund Advisors LP boosted its position in shares of Carrier Global by 4.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 6,291,311 shares of the company’s stock worth $354,188,000 after acquiring an additional 246,723 shares in the last quarter. Legal & General Group Plc acquired a new position in shares of Carrier Global during the 2nd quarter worth about $322,366,000. Finally, Primecap Management Co. CA purchased a new position in shares of Carrier Global in the 2nd quarter valued at about $283,585,000. Institutional investors and hedge funds own 91.00% of the company’s stock.

Carrier Global Stock Performance

NYSE CARR opened at $53.02 on Wednesday. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.00 and a quick ratio of 0.68. Carrier Global Corporation has a 1 year low of $50.24 and a 1 year high of $76.76. The company has a market capitalization of $43.38 billion, a PE ratio of 20.20, a P/E/G ratio of 1.96 and a beta of 1.33. The company has a fifty day moving average of $55.66 and a two-hundred day moving average of $61.63.

Carrier Global (NYSE:CARR – Get Free Report) last posted its earnings results on Thursday, October 29th. The company reported $0.87 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.11. The business had revenue of $6.26 billion for the quarter, compared to analysts’ expectations of $6.09 billion. Carrier Global had a positive return on equity of 16.99% and a negative net margin of 7.90%. The business’s revenue was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.67 earnings per share. As a group, analysts expect that Carrier Global Corporation will post 2.85 earnings per share for the current year.

Carrier Global Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 18th. Stockholders of record on Thursday, October 29th will be issued a $0.24 dividend. The ex-dividend date of this dividend is Thursday, October 29th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.8%. Carrier Global’s payout ratio is presently -43.24%.

Wall Street Analyst Weigh In

CARR has been the topic of several research analyst reports. Sanford C. Bernstein cut their target price on Carrier Global from $78.00 to $64.00 and set a “market perform” rating on the stock in a research report on Wednesday, October 7th. Deutsche Bank Aktiengesellschaft lowered their price target on Carrier Global from $71.00 to $64.00 and set a “hold” rating for the company in a report on Wednesday, September 30th. Citigroup lowered their price target on Carrier Global from $80.00 to $71.00 and set a “buy” rating for the company in a report on Friday, October 30th. Wells Fargo & Company dropped their price target on shares of Carrier Global from $67.00 to $65.00 and set an “overweight” rating on the stock in a research note on Friday, October 30th. Finally, Royal Bank Of Canada cut their price objective on shares of Carrier Global from $72.00 to $70.00 and set an “outperform” rating on the stock in a report on Friday, October 30th. Eleven equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $69.27.

Check Out Our Latest Analysis on Carrier Global

Carrier Global Profile

(Free Report)

Carrier Global Corporation develops and provides heating, ventilation, air conditioning and refrigeration systems, along with related building technologies. Its products and services serve residential, commercial and industrial customers, as well as applications that require temperature-controlled transportation and storage. The company’s offerings include heating and cooling equipment, building automation and energy-management solutions, and fire and security systems. Its portfolio includes brands such as Carrier, Bryant and Kidde, and it provides installation, maintenance and other services to support its equipment.