460 Shares in Carrier Global Co. (NYSE:CARR) Bought by Bradley & Co. Private Wealth Management LLC

Bradley & Co. Private Wealth Management LLC bought a new position in Carrier Global Co. (NYSE:CARR) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 460 shares of the company’s stock, valued at approximately $31,000.

A number of other large investors have also modified their holdings of the stock. FSM Wealth Advisors LLC grew its stake in Carrier Global by 2.2% during the 3rd quarter. FSM Wealth Advisors LLC now owns 6,373 shares of the company’s stock valued at $513,000 after purchasing an additional 136 shares in the last quarter. Meridian Wealth Management LLC boosted its stake in shares of Carrier Global by 2.3% during the 3rd quarter. Meridian Wealth Management LLC now owns 6,030 shares of the company’s stock valued at $485,000 after buying an additional 137 shares during the last quarter. UMB Bank n.a. grew its position in shares of Carrier Global by 1.1% during the fourth quarter. UMB Bank n.a. now owns 13,293 shares of the company’s stock worth $907,000 after buying an additional 143 shares in the last quarter. Essex Savings Bank increased its stake in shares of Carrier Global by 2.2% in the third quarter. Essex Savings Bank now owns 6,608 shares of the company’s stock worth $532,000 after buying an additional 144 shares during the last quarter. Finally, Chicago Partners Investment Group LLC raised its holdings in Carrier Global by 2.6% in the fourth quarter. Chicago Partners Investment Group LLC now owns 5,887 shares of the company’s stock valued at $403,000 after acquiring an additional 147 shares in the last quarter. Institutional investors and hedge funds own 91.00% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on CARR shares. Wells Fargo & Company decreased their price objective on shares of Carrier Global from $75.00 to $70.00 and set an “equal weight” rating for the company in a report on Wednesday, February 12th. Royal Bank of Canada decreased their price target on Carrier Global from $86.00 to $76.00 and set an “outperform” rating for the company in a research note on Wednesday, February 12th. Mizuho upgraded Carrier Global from a “neutral” rating to an “outperform” rating and set a $78.00 price objective on the stock in a research note on Friday, February 14th. Citigroup reduced their target price on Carrier Global from $94.00 to $90.00 and set a “buy” rating on the stock in a report on Monday, January 13th. Finally, Barclays lowered their price target on Carrier Global from $90.00 to $87.00 and set an “overweight” rating for the company in a report on Wednesday, February 12th. Six equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $82.47.

Carrier Global Trading Up 0.7 %

NYSE:CARR opened at $67.03 on Wednesday. The stock has a market cap of $58.21 billion, a price-to-earnings ratio of 10.67, a PEG ratio of 2.01 and a beta of 1.35. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.96 and a current ratio of 1.25. The business has a fifty day moving average of $67.30 and a 200-day moving average of $72.43. Carrier Global Co. has a 1 year low of $53.33 and a 1 year high of $83.32.

Carrier Global (NYSE:CARR) last posted its quarterly earnings data on Tuesday, February 11th. The company reported $0.54 EPS for the quarter, beating 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 last year, the firm earned $0.53 EPS. Equities analysts predict that Carrier Global Co. will post 2.99 earnings per share for the current year.

Carrier Global Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 7th. Stockholders of record on Friday, December 20th were issued a $0.225 dividend. This is a positive change from Carrier Global’s previous quarterly dividend of $0.19. The ex-dividend date was Friday, December 20th. This represents a $0.90 annualized dividend and a dividend yield of 1.34%. Carrier Global’s dividend payout ratio is 14.33%.

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.