Carrier Global Corporation (NYSE:CARR – Get Free Report) saw unusually large options trading on Wednesday. Stock investors acquired 38,966 put options on the stock. This is an increase of approximately 584% compared to the average daily volume of 5,698 put options.
Carrier Global Stock Performance
Shares of Carrier Global stock opened at $54.24 on Thursday. The firm has a market cap of $44.71 billion, a PE ratio of 37.67, a price-to-earnings-growth ratio of 2.14 and a beta of 1.30. The firm’s 50-day simple moving average is $62.53 and its 200-day simple moving average is $63.35. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.72 and a current ratio of 1.02. Carrier Global has a 1 year low of $50.24 and a 1 year high of $76.76.
Carrier Global (NYSE:CARR – Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.04. The firm had revenue of $6.35 billion during the quarter, compared to analyst estimates of $6.02 billion. Carrier Global had a return on equity of 14.68% and a net margin of 5.52%.Carrier Global’s quarterly revenue was up 3.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.92 earnings per share. Carrier Global has set its FY 2026 guidance at 2.900-2.900 EPS. Equities analysts forecast that Carrier Global will post 2.87 earnings per share for the current fiscal year.
Analysts Set New Price Targets
View Our Latest Stock Report on CARR
Hedge Funds Weigh In On Carrier Global
Several large investors have recently added to or reduced their stakes in the company. Johnson Financial Group Inc. bought a new stake in shares of Carrier Global in the 2nd quarter worth approximately $25,000. Meeder Asset Management Inc. acquired a new position in shares of Carrier Global during the second quarter valued at $26,000. Financial Management Professionals Inc. grew its position in shares of 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 last quarter. Signature Equity Partners LLC grew its position in shares of Carrier Global by 449.2% during the first quarter. Signature Equity Partners LLC now owns 648 shares of the company’s stock worth $36,000 after acquiring an additional 530 shares during the last quarter. Finally, Burnham & Co LLC acquired a new stake in shares of Carrier Global in the 2nd quarter worth about $37,000. 91.00% of the stock is currently owned by institutional investors.
Carrier Global Company Profile
Carrier Global Corporation (NYSE:CARR) is a global provider of intelligent climate and energy solutions. The company develops and manufactures heating, ventilation and air conditioning (HVAC) systems and related controls, building automation technologies, and services designed to improve indoor comfort, energy efficiency and building performance.
Carrier also provides refrigeration equipment and systems for commercial, industrial and transportation applications, supporting food preservation and cold-chain operations.
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