Concurrent Investment Advisors LLC Has $1.35 Million Stock Holdings in Carrier Global Corporation $CARR

Concurrent Investment Advisors LLC reduced its stake in shares of Carrier Global Corporation (NYSE:CARR) by 27.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 25,559 shares of the company’s stock after selling 9,814 shares during the period. Concurrent Investment Advisors LLC’s holdings in Carrier Global were worth $1,351,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Carrier Global during the 3rd quarter worth $25,000. YANKCOM Partnership grew its holdings in shares of Carrier Global by 78.5% during the 4th quarter. YANKCOM Partnership now owns 473 shares of the company’s stock worth $25,000 after purchasing an additional 208 shares in the last quarter. Global Wealth Strategies & Associates grew its holdings in shares of Carrier Global by 150.0% during the 4th quarter. Global Wealth Strategies & Associates now owns 500 shares of the company’s stock worth $26,000 after purchasing an additional 300 shares in the last quarter. True Wealth Design LLC boosted its stake in Carrier Global by 723.7% in the fourth quarter. True Wealth Design LLC now owns 486 shares of the company’s stock valued at $26,000 after buying an additional 427 shares in the last quarter. Finally, Union Bancaire Privee UBP SA acquired a new stake in Carrier Global in the fourth quarter valued at about $27,000. 91.00% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently weighed in on CARR. UBS Group reduced their price objective on Carrier Global from $73.00 to $70.00 and set a “buy” rating on the stock in a research note on Monday, January 5th. Wolfe Research increased their target price on Carrier Global from $75.00 to $76.00 and gave the company an “outperform” rating in a research report on Wednesday, April 8th. Robert W. Baird lowered their price objective on Carrier Global from $72.00 to $70.00 and set an “outperform” rating for the company in a research report on Monday. Citigroup raised their price objective on Carrier Global from $70.00 to $72.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Finally, Zacks Research upgraded Carrier Global from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 7th. Thirteen investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $69.69.

Key Stories Impacting Carrier Global

Here are the key news stories impacting Carrier Global this week:

• Positive Sentiment: Q1 results topped consensus: adjusted EPS $0.57 (beat) on $5.34B revenue (beat), signaling stronger near‑term profitability than analysts expected. Carrier Reports First Quarter 2026 Results
• Positive Sentiment: Data‑center HVAC demand is a clear driver: management said data‑center orders jumped over 500% and backlog fully covers expected 2026 data‑center sales — a high‑growth end market driving Commercial HVAC momentum. Carrier shares surge after revenue beat driven by data center HVAC demand
• Positive Sentiment: Company reaffirmed FY‑2026 targets (roughly $22B revenue, $2.80 adj. EPS) — guidance slightly above Street consensus and management emphasized targeted ~$1.5B in data‑center sales for the year. That reduces execution risk for the year. Carrier reaffirms ~$22b 2026 sales outlook and projects ~$2.80 adjusted EPS while targeting $1.5b
• Positive Sentiment: Active capital returns: Carrier repurchased stock and paid dividends totaling roughly $500M in the quarter, supporting EPS per share and shareholder confidence. Carrier (CARR) jumps 9.5% as Q1 results beat expectations and data-center HVAC demand surges
• Positive Sentiment: Strategic tech exposure: Carrier Ventures expanded its investment in ZutaCore to scale liquid‑cooling for AI/data centers — a long‑term growth/investment angle in high‑value end markets. Carrier Ventures Expands Investment in ZutaCore
• Neutral Sentiment: Revenue mix is mixed: total net sales were up ~2% but organic sales declined about 1% year‑over‑year — underlying end‑market variability remains. Carrier 1Q Down, Backs 2026 Adjusted EPS View Amid Strong Data-Center Sales
• Negative Sentiment: GAAP EPS and cash metrics are softer: GAAP EPS fell vs. year‑ago ($0.28 vs $0.65) and free cash flow was negative (~$‑15M) this quarter, which could concern investors focused on cash conversion. Carrier Reports First Quarter 2026 Results

Carrier Global Trading Up 8.7%

Shares of CARR stock opened at $67.08 on Friday. The company has a market cap of $56.04 billion, a P/E ratio of 39.23, a PEG ratio of 2.52 and a beta of 1.32. The stock has a 50 day simple moving average of $59.74 and a two-hundred day simple moving average of $57.72. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.85 and a current ratio of 1.20. Carrier Global Corporation has a fifty-two week low of $50.24 and a fifty-two week high of $81.09.

Carrier Global (NYSE:CARR) last issued its earnings results on Thursday, April 30th. The company reported $0.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.06. The business had revenue of $5.34 billion during the quarter, compared to the consensus estimate of $5.01 billion. Carrier Global had a return on equity of 15.30% and a net margin of 6.82%.The firm’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.65 earnings per share. Carrier Global has set its FY 2026 guidance at 2.800-2.800 EPS. Research analysts forecast that Carrier Global Corporation will post 2.74 earnings per share for the current year.

Carrier Global Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Monday, May 4th will be issued a dividend of $0.24 per share. The ex-dividend date is Monday, May 4th. This represents a $0.96 annualized dividend and a dividend yield of 1.4%. Carrier Global’s payout ratio is currently 56.14%.

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.