Atria Wealth Solutions Inc. trimmed its position in shares of Carrier Global Co. (NYSE:CARR – Free Report) by 2.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 34,874 shares of the company’s stock after selling 932 shares during the period. Atria Wealth Solutions Inc.’s holdings in Carrier Global were worth $2,005,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Valeo Financial Advisors LLC lifted its holdings in shares of Carrier Global by 5.8% during the 3rd quarter. Valeo Financial Advisors LLC now owns 10,586 shares of the company’s stock worth $584,000 after acquiring an additional 584 shares during the period. PDS Planning Inc bought a new position in Carrier Global during the third quarter worth about $205,000. ST Germain D J Co. Inc. boosted its holdings in Carrier Global by 9.9% during the third quarter. ST Germain D J Co. Inc. now owns 6,355 shares of the company’s stock valued at $351,000 after purchasing an additional 570 shares in the last quarter. Sheets Smith Wealth Management bought a new stake in shares of Carrier Global in the 3rd quarter valued at approximately $209,000. Finally, Mission Wealth Management LP bought a new stake in shares of Carrier Global in the 3rd quarter valued at approximately $326,000. Institutional investors and hedge funds own 91.00% of the company’s stock.
Insider Buying and Selling
In other Carrier Global news, VP Kevin J. O’connor sold 26,551 shares of the firm’s stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $53.77, for a total value of $1,427,647.27. Following the transaction, the vice president now directly owns 66,083 shares of the company’s stock, valued at $3,553,282.91. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, CEO David L. Gitlin sold 354,539 shares of Carrier Global stock in a transaction on Thursday, February 8th. The shares were sold at an average price of $54.16, for a total transaction of $19,201,832.24. Following the transaction, the chief executive officer now directly owns 422,808 shares of the company’s stock, valued at $22,899,281.28. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, VP Kevin J. O’connor sold 26,551 shares of the firm’s stock in a transaction on Thursday, February 8th. The stock was sold at an average price of $53.77, for a total value of $1,427,647.27. Following the sale, the vice president now directly owns 66,083 shares in the company, valued at approximately $3,553,282.91. The disclosure for this sale can be found here. 6.95% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In
Get Our Latest Analysis on Carrier Global
Carrier Global Stock Up 3.8 %
NYSE:CARR opened at $62.77 on Tuesday. The company has a market cap of $56.50 billion, a price-to-earnings ratio of 43.90, a P/E/G ratio of 2.53 and a beta of 1.39. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.99 and a current ratio of 1.36. The stock’s fifty day moving average price is $56.72 and its two-hundred day moving average price is $54.88. Carrier Global Co. has a 52-week low of $40.28 and a 52-week high of $62.88.
Carrier Global (NYSE:CARR – Get Free Report) last issued its quarterly earnings results on Thursday, April 25th. The company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.12. The business had revenue of $6.18 billion for the quarter, compared to analyst estimates of $6.27 billion. Carrier Global had a return on equity of 26.01% and a net margin of 5.41%. On average, analysts anticipate that Carrier Global Co. will post 2.84 EPS for the current year.
Carrier Global Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 22nd. Investors of record on Friday, May 3rd will be paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date is Thursday, May 2nd. Carrier Global’s dividend payout ratio (DPR) is 53.15%.
Carrier Global Profile
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.
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