Carrier Global Sees Unusually Large Options Volume (NYSE:CARR)
by Amy Steele · The Cerbat GemCarrier Global Corporation (NYSE:CARR – Get Free Report) was the target of unusually large options trading activity on Wednesday. Stock investors purchased 13,175 put options on the stock. This is an increase of 133% compared to the typical daily volume of 5,655 put options.
More Carrier Global News
Here are the key news stories impacting Carrier Global this week:
- Positive Sentiment: Board declares quarterly cash dividend of $0.24/sh (annualized yield ~1.6%), signaling continued shareholder returns and helping support the share price. Carrier Board of Directors Declares Quarterly Cash Dividend
- Positive Sentiment: Insider buying by CEO David Gitlin (reported in recent market commentary) can be read as management confidence, which tends to be viewed positively by investors. Quiver Quantitative commentary
- Neutral Sentiment: BNP Paribas (Exane) initiated coverage with a Neutral rating and $62 price target (only modest upside from current levels), providing formal coverage but not a clear bullish catalyst. BNP Paribas initiates coverage
- Neutral Sentiment: Evercore has begun coverage of CARR (coverage starts to increase analyst visibility and trading interest, but initial impact depends on published stance). Evercore Begins Coverage on Carrier Global
- Negative Sentiment: Unusually large put-option buying (≈13,175 puts, ~133% above typical daily put volume) signals increased short-term bearish bets and can amplify downside moves or volatility. (Options flow reported in market data entry.)
- Negative Sentiment: Recent analyst price-target reductions and investor focus on softer near-term HVAC demand and conservative 2026 commentary have pressured sentiment; several notes flagged weaker residential trends and trimmed upside, which helps explain intraday weakness. Quiver Quantitative analysis
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the business. Capital International Investors raised its holdings in Carrier Global by 6.7% during the third quarter. Capital International Investors now owns 57,982,302 shares of the company’s stock worth $3,461,142,000 after buying an additional 3,630,524 shares during the last quarter. State Street Corp raised its holdings in shares of Carrier Global by 1.1% in the fourth quarter. State Street Corp now owns 33,728,829 shares of the company’s stock valued at $1,782,231,000 after purchasing an additional 351,490 shares during the last quarter. Fisher Asset Management LLC raised its holdings in shares of Carrier Global by 0.6% in the third quarter. Fisher Asset Management LLC now owns 15,139,140 shares of the company’s stock valued at $903,807,000 after purchasing an additional 90,585 shares during the last quarter. Dodge & Cox raised its holdings in shares of Carrier Global by 5.1% in the third quarter. Dodge & Cox now owns 13,427,697 shares of the company’s stock valued at $801,634,000 after purchasing an additional 651,648 shares during the last quarter. Finally, Morgan Stanley raised its holdings in shares of Carrier Global by 1.8% in the fourth quarter. Morgan Stanley now owns 11,757,449 shares of the company’s stock valued at $621,264,000 after purchasing an additional 210,952 shares during the last quarter. Institutional investors and hedge funds own 91.00% of the company’s stock.
Carrier Global Stock Performance
CARR opened at $59.70 on Friday. The company has a current ratio of 1.20, a quick ratio of 0.85 and a debt-to-equity ratio of 0.80. The company’s fifty day moving average price is $60.36 and its two-hundred day moving average price is $57.50. Carrier Global has a 1-year low of $50.24 and a 1-year high of $81.09. The company has a market cap of $49.88 billion, a price-to-earnings ratio of 34.91, a PEG ratio of 2.39 and a beta of 1.32.
Carrier Global (NYSE:CARR – Get Free Report) last released its quarterly earnings data on Thursday, February 5th. The company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.02). Carrier Global had a return on equity of 15.30% and a net margin of 6.82%.The business had revenue of $4.84 billion for the quarter, compared to analyst estimates of $5.05 billion. During the same quarter in the previous year, the company posted $0.54 EPS. The business’s quarterly revenue was down 6.0% on a year-over-year basis. Carrier Global has set its FY 2026 guidance at 2.800-2.800 EPS. On average, analysts expect that Carrier Global will post 2.99 EPS for the current fiscal year.
Carrier Global Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders 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 yield of 1.6%. Carrier Global’s dividend payout ratio is presently 56.14%.
Analysts Set New Price Targets
Several research analysts recently issued reports on the stock. Wolfe Research increased their target price on shares of Carrier Global from $75.00 to $76.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 8th. BNP Paribas Exane assumed coverage on shares of Carrier Global in a research note on Tuesday. They set a “neutral” rating and a $62.00 target price on the stock. Mizuho cut their target price on shares of Carrier Global from $75.00 to $67.00 and set an “outperform” rating on the stock in a research note on Monday, January 5th. Wells Fargo & Company cut their target price on shares of Carrier Global from $65.00 to $58.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 1st. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Carrier Global in a research note on Monday, December 29th. Thirteen analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, Carrier Global presently has a consensus rating of “Moderate Buy” and an average target price of $69.79.
Get Our Latest Stock Report on Carrier Global
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.