34,003 Carrier Global Corporation $CARR Shares Bought by Pavion Blue Capital LLC

Posted by Brenda Bartman on Nov 12th, 2026

Pavion Blue Capital LLC increased its holdings in Carrier Global Corporation (NYSE:CARR – Free Report) by 805.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,222 shares of the company’s stock after purchasing an additional 34,003 shares during the period. Pavion Blue Capital LLC’s holdings in Carrier Global were worth $2,097,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in CARR. Bank of New York Mellon Corp bought a new stake in shares of Carrier Global during the second quarter valued at approximately $590,759,000. Bank of America Corp DE purchased a new position in shares of Carrier Global in the second quarter worth $572,908,000. Dimensional Fund Advisors LP lifted its holdings in shares of Carrier Global by 4.1% in the first quarter. Dimensional Fund Advisors LP now owns 6,291,311 shares of the company’s stock worth $354,188,000 after buying an additional 246,723 shares in the last quarter. Legal & General Group Plc purchased a new position in shares of Carrier Global in the second quarter worth $322,366,000. Finally, Pictet Asset Management Holding SA boosted its position in shares of Carrier Global by 15.7% during the third quarter. Pictet Asset Management Holding SA now owns 3,957,152 shares of the company’s stock worth $217,089,000 after acquiring an additional 536,316 shares during the last quarter. 91.00% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on CARR shares. Wells Fargo & Company cut their target price on shares of Carrier Global from $67.00 to $65.00 and set an “overweight” rating for the company in a research note on Friday, October 30th. Sanford C. Bernstein decreased their price target on shares of Carrier Global from $78.00 to $64.00 and set a “market perform” rating on the stock in a research note on Wednesday, October 7th. Citigroup decreased their price target on shares of Carrier Global from $80.00 to $71.00 and set a “buy” rating on the stock in a research note on Friday, October 30th. The Goldman Sachs Group downgraded shares of Carrier Global from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $74.00 to $61.00 in a report on Wednesday, October 14th. Finally, Zacks Research lowered Carrier Global from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 1st. Eleven equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Carrier Global has a consensus rating of “Moderate Buy” and an average price target of $69.27.

Check Out Our Latest Report on CARR

Carrier Global Stock Performance

Shares of NYSE:CARR opened at $54.48 on Thursday. The firm has a fifty day simple moving average of $55.61 and a two-hundred day simple moving average of $61.62. Carrier Global Corporation has a 52 week low of $50.24 and a 52 week high of $76.76. The company has a quick ratio of 0.68, a current ratio of 1.00 and a debt-to-equity ratio of 0.96. The stock has a market capitalization of $44.57 billion, a P/E ratio of 20.08, a PEG ratio of 1.95 and a beta of 1.33.

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

Carrier Global Announces Dividend

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

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.