Carrier Global (NYSE:CARR) Shares Sold Off Rep. Kevin Hern

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of Carrier Global Corporation (NYSE:CARR). In a filing disclosed on September 01st, the Representative disclosed that they had sold between $1,001 and $15,000 in Carrier Global stock on August 14th. The trade occurred in the Representative’s “HERN FAMILY REVOCABLE TRUST” account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 8/24/2026.
• Sold $15,001 – $50,000 in shares of Medtronic (NYSE:MDT) on 8/24/2026.
• Sold $50,001 – $100,000 in shares of Home Depot (NYSE:HD) on 8/24/2026.
• Sold $50,001 – $100,000 in shares of Procter & Gamble (NYSE:PG) on 8/24/2026.
• Sold $1,001 – $15,000 in shares of Lowe’s Companies (NYSE:LOW) on 8/24/2026.
• Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 8/21/2026.
• Sold $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 8/21/2026.
• Sold $15,001 – $50,000 in shares of Honeywell Aerospace (NASDAQ:HONA) on 8/19/2026.
• Sold $1,001 – $15,000 in shares of Colgate-Palmolive (NYSE:CL) on 8/19/2026.
• Sold $1,001 – $15,000 in shares of Biogen (NASDAQ:BIIB) on 8/18/2026.

Carrier Global Stock Up 0.6%

Shares of CARR opened at $57.59 on Thursday. The company has a quick ratio of 0.72, a current ratio of 1.02 and a debt-to-equity ratio of 0.77. The company has a 50-day moving average price of $65.28 and a two-hundred day moving average price of $63.80. The stock has a market cap of $47.48 billion, a price-to-earnings ratio of 40.00, a P/E/G ratio of 2.21 and a beta of 1.30. Carrier Global Corporation has a 12 month low of $50.24 and a 12 month high of $76.76.

Carrier Global (NYSE:CARR) last issued its earnings results on Tuesday, July 28th. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.82 by $0.04. The business had revenue of $6.35 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.92 EPS. Carrier Global has set its FY 2026 guidance at 2.900-2.900 EPS. Equities analysts predict that Carrier Global Corporation will post 2.87 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Johnson Financial Group Inc. acquired a new position in shares of Carrier Global during the second quarter valued at $25,000. Meeder Asset Management Inc. acquired a new stake in Carrier Global in the second quarter worth about $26,000. Financial Management Professionals Inc. raised its holdings in Carrier Global by 142.4% during the 2nd quarter. Financial Management Professionals Inc. now owns 383 shares of the company’s stock worth $28,000 after purchasing an additional 225 shares during the last quarter. Burnham & Co LLC bought a new stake in Carrier Global during the 2nd quarter worth about $37,000. Finally, Garton & Associates Financial Advisors LLC acquired a new position in Carrier Global during the 4th quarter valued at about $33,000. Institutional investors and hedge funds own 91.00% of the company’s stock.

Analyst Ratings Changes

CARR has been the subject of a number of analyst reports. Sanford C. Bernstein reissued a “market perform” rating and set a $78.00 price objective on shares of Carrier Global in a report on Thursday, July 30th. JPMorgan Chase & Co. increased their target price on shares of Carrier Global from $63.00 to $67.00 and gave the stock a “neutral” rating in a research report on Thursday, May 14th. Weiss Ratings reissued a “hold (c)” rating on shares of Carrier Global in a report on Monday, July 20th. Wolfe Research restated an “outperform” rating and issued a $80.00 price target on shares of Carrier Global in a research report on Thursday, July 9th. Finally, Citigroup upped their price objective on shares of Carrier Global from $79.00 to $80.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $73.67.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.

Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.

Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

About Carrier Global

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.