Roberts Glore & Co. Inc. IL Sells 479 Shares of Carrier Global Co. (NYSE:CARR)

Roberts Glore & Co. Inc. IL lessened its holdings in shares of Carrier Global Co. (NYSE:CARR) by 2.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 15,852 shares of the company’s stock after selling 479 shares during the quarter. Roberts Glore & Co. Inc. IL’s holdings in Carrier Global were worth $1,082,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. State Street Corp raised its position in Carrier Global by 1.4% during the third quarter. State Street Corp now owns 33,665,505 shares of the company’s stock valued at $2,709,736,000 after acquiring an additional 469,108 shares in the last quarter. Geode Capital Management LLC raised its position in Carrier Global by 1.7% during the third quarter. Geode Capital Management LLC now owns 16,937,689 shares of the company’s stock valued at $1,357,961,000 after acquiring an additional 289,439 shares in the last quarter. Fisher Asset Management LLC raised its position in Carrier Global by 0.3% during the fourth quarter. Fisher Asset Management LLC now owns 14,313,331 shares of the company’s stock valued at $977,028,000 after acquiring an additional 46,222 shares in the last quarter. FMR LLC grew its holdings in Carrier Global by 36.2% during the third quarter. FMR LLC now owns 8,729,073 shares of the company’s stock valued at $702,603,000 after purchasing an additional 2,320,909 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Carrier Global by 1.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,993,169 shares of the company’s stock valued at $482,390,000 after purchasing an additional 110,988 shares during the last quarter. Institutional investors own 91.00% of the company’s stock.

Carrier Global Stock Up 3.0 %

CARR opened at $67.36 on Friday. Carrier Global Co. has a fifty-two week low of $53.33 and a fifty-two week high of $83.32. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.25 and a quick ratio of 0.96. The firm’s fifty day moving average price is $66.68 and its two-hundred day moving average price is $72.27. The company has a market capitalization of $58.20 billion, a P/E ratio of 10.73, a P/E/G ratio of 2.01 and a beta of 1.35.

Carrier Global (NYSE:CARR) last posted its quarterly earnings results on Tuesday, February 11th. The company reported $0.54 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.03. Carrier Global had a net margin of 23.83% and a return on equity of 18.82%. During the same quarter in the prior year, the company earned $0.53 EPS. On average, analysts anticipate that Carrier Global Co. will post 2.99 EPS for the current year.

Wall Street Analysts Forecast Growth

CARR has been the topic of several analyst reports. Citigroup lowered their price target on Carrier Global from $94.00 to $90.00 and set a “buy” rating on the stock in a report on Monday, January 13th. JPMorgan Chase & Co. upgraded Carrier Global from a “neutral” rating to an “overweight” rating and increased their price target for the company from $77.00 to $78.00 in a report on Wednesday. Wells Fargo & Company lowered their price target on Carrier Global from $75.00 to $70.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 12th. Wolfe Research upgraded Carrier Global from a “peer perform” rating to an “outperform” rating and set a $80.00 price target on the stock in a report on Monday, February 24th. Finally, The Goldman Sachs Group initiated coverage on Carrier Global in a report on Thursday, December 12th. They set a “buy” rating and a $96.00 price target on the stock. Five analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Carrier Global currently has a consensus rating of “Moderate Buy” and an average target price of $82.53.

About Carrier Global

Carrier Global Corporation provides heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies in the United States, Europe, the Asia Pacific, and internationally. It operates through three segments: HVAC, Refrigeration, and Fire & Security.