Carrier Global (NYSE:CARR) Updates FY 2026 Earnings Guidance

Carrier Global (NYSE:CARRGet Free Report) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 2.900-2.900 for the period, compared to the consensus estimate of 2.800. The company issued revenue guidance of $23.0 billion-$23.0 billion, compared to the consensus revenue estimate of $22.2 billion.

Carrier Global Price Performance

Carrier Global stock opened at $60.34 on Thursday. Carrier Global has a 12 month low of $50.24 and a 12 month high of $76.76. The company has a current ratio of 1.02, a quick ratio of 0.75 and a debt-to-equity ratio of 0.77. The business’s 50 day simple moving average is $68.56 and its 200 day simple moving average is $63.45. The company has a market cap of $50.11 billion, a price-to-earnings ratio of 41.92, a PEG ratio of 2.52 and a beta of 1.31.

Carrier Global (NYSE:CARRGet Free Report) last announced its earnings results on Tuesday, July 28th. The company reported $0.86 earnings per share 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 business had revenue of $6.35 billion for the quarter, compared to the consensus estimate of $6.02 billion. During the same period last year, the firm posted $0.92 earnings per share. Carrier Global’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 will post 2.8 EPS for the current year.

Carrier Global Announces Dividend

The firm also recently disclosed 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. This represents a $0.96 annualized dividend and a yield of 1.6%. The ex-dividend date is Tuesday, July 21st. Carrier Global’s dividend payout ratio (DPR) is presently 63.16%.

Analyst Ratings Changes

A number of brokerages recently weighed in on CARR. Barclays increased their price objective on shares of Carrier Global from $67.00 to $79.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Wolfe Research reaffirmed an “outperform” rating and issued a $80.00 target price on shares of Carrier Global in a report on Thursday, July 9th. Morgan Stanley lifted their price target on shares of Carrier Global from $55.00 to $60.00 and gave the company an “equal weight” rating in a report on Thursday, May 28th. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Carrier Global in a report on Thursday. Finally, Rothschild & Co Redburn raised their price objective on Carrier Global from $61.00 to $73.00 and gave the company a “neutral” rating in a research report on Tuesday, May 5th. Twelve equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, Carrier Global currently has a consensus rating of “Moderate Buy” and a consensus price target of $73.51.

View Our Latest Report on Carrier Global

Institutional Trading of Carrier Global

Several institutional investors and hedge funds have recently bought and sold shares of CARR. Garton & Associates Financial Advisors LLC acquired a new position in shares of Carrier Global during the fourth quarter worth about $33,000. Kelleher Financial Advisors acquired a new position in Carrier Global during the third quarter worth about $49,000. Transamerica Financial Advisors LLC increased its holdings in Carrier Global by 862.9% in the fourth quarter. Transamerica Financial Advisors LLC now owns 1,011 shares of the company’s stock valued at $53,000 after buying an additional 906 shares in the last quarter. DV Equities LLC acquired a new stake in shares of Carrier Global during the 4th quarter valued at approximately $58,000. Finally, EFG International AG purchased a new stake in shares of Carrier Global during the 4th quarter worth approximately $70,000. Hedge funds and other institutional investors own 91.00% of the company’s stock.

Carrier Global Company Profile

(Get 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.

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