Carrier Global Corp (CARR) saw downtrend of -0.86% in the recent trading with $75.97 being its most recent. The current price level -8.82% lower than the highest price of $83.32 marked by the stock while trading over the past 52-weeks, whereas it is 40.11% higher than the lowest price of $54.22 the company dropped to over past 52-weeks. The latest news story on CARR appeared in (Zacks) under the title “Comfort Systems or Carrier: Which HVAC Stock Is a Buy Now?” on Jul-17-25.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 13 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.04 for the stock.
Carrier Global Corp Earnings – What Happened With CARR
Coming around sales and income figures on CARR Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
Carrier Global Corp – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 860.19 million. CARR does have institutional investors; and they hold 85.10% of the stock.
As on 2024-06-30, CAPITAL RESEARCH GLOBAL INVESTORS was the top most holder in Carrier Global Corp (NYSE:CARR) with an ownership of 95.48 million shares of the company or 10.5803 of the stake worth $6.02 billion. The filing also reveals VANGUARD GROUP INC as the second largest holder in the company with a control over 10.4808 of the outstanding shares. Its stake is worth $5.97 billion for having 94.58 million shares in hand.
CAPITAL INTERNATIONAL INVESTORS also came holding a key position in the company during the recent quarter and it now holds 9.2349 of the outstanding shares. With this there are now 1953.0 institutions which have possession in CARR’s shares.
Key Metrics forCARR
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Carrier Global Corp has a debt to equity ratio of 0.84.