Carrier Global Corporation $CARR Shares Acquired by Deprince Race & Zollo Inc.

Posted by Brian Himes on Jul 2nd, 2026

Deprince Race & Zollo Inc. boosted its holdings in Carrier Global Corporation (NYSE:CARR – Free Report) by 9.1% during the first quarter, Holdings Channel.com reports. The fund owned 572,588 shares of the company’s stock after acquiring an additional 47,784 shares during the period. Deprince Race & Zollo Inc.’s holdings in Carrier Global were worth $32,242,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in CARR. Norges Bank purchased a new stake in shares of Carrier Global in the fourth quarter valued at about $380,299,000. Capital International Investors increased its stake in shares of Carrier Global by 6.7% during the 3rd quarter. Capital International Investors now owns 57,982,302 shares of the company’s stock worth $3,461,142,000 after purchasing an additional 3,630,524 shares in the last quarter. Ameriprise Financial Inc. raised its position in shares of Carrier Global by 506.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,187,219 shares of the company’s stock worth $249,977,000 after purchasing an additional 3,496,372 shares during the last quarter. Assenagon Asset Management S.A. raised its position in shares of Carrier Global by 461.5% during the 4th quarter. Assenagon Asset Management S.A. now owns 2,460,321 shares of the company’s stock worth $130,003,000 after purchasing an additional 2,022,136 shares during the last quarter. Finally, Ontario Teachers Pension Plan Board purchased a new stake in Carrier Global in the 4th quarter valued at approximately $99,839,000. 91.00% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Zacks Research raised Carrier Global from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 7th. Sanford C. Bernstein assumed coverage on Carrier Global in a research note on Tuesday, June 9th. They set a “market perform” rating and a $75.00 price objective on the stock. Morgan Stanley lifted their price objective on Carrier Global from $55.00 to $60.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 28th. Argus boosted their target price on shares of Carrier Global from $72.00 to $75.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Finally, The Goldman Sachs Group upped their target price on shares of Carrier Global from $74.00 to $80.00 in a report on Friday, May 1st. Twelve research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Carrier Global presently has a consensus rating of “Moderate Buy” and an average target price of $73.25.

View Our Latest Stock Report on Carrier Global

Carrier Global Price Performance

Carrier Global stock opened at $72.21 on Thursday. Carrier Global Corporation has a 1 year low of $50.24 and a 1 year high of $81.09. 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 firm has a 50 day moving average price of $67.01 and a 200 day moving average price of $61.37. The company has a market cap of $59.98 billion, a price-to-earnings ratio of 47.51, a PEG ratio of 2.94 and a beta of 1.31.

Carrier Global (NYSE:CARR – Get Free Report) last issued its earnings results on Thursday, April 30th. The company reported $0.57 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.06. The firm had revenue of $5.34 billion for the quarter, compared to analysts’ expectations of $5.01 billion. Carrier Global had a return on equity of 14.81% and a net margin of 5.99%.The firm’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.65 earnings per share. Carrier Global has set its FY 2026 guidance at 2.800-2.800 EPS. Sell-side analysts predict that Carrier Global Corporation will post 2.78 earnings per share for the current 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 issued a $0.24 dividend. The ex-dividend date is Tuesday, July 21st. This represents a $0.96 annualized dividend and a yield of 1.3%. Carrier Global’s dividend payout ratio (DPR) is presently 63.16%.

Carrier Global Company 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.