Carrier Global Co. (NYSE:CARR) Shares Bought by Mesirow Financial Investment Management Inc.

Mesirow Financial Investment Management Inc. lifted its stake in Carrier Global Co. (NYSE:CARR) by 7.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,119 shares of the company’s stock after acquiring an additional 996 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in Carrier Global were worth $964,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. RFG Advisory LLC lifted its stake in shares of Carrier Global by 36.2% in the 4th quarter. RFG Advisory LLC now owns 7,170 shares of the company’s stock worth $489,000 after acquiring an additional 1,904 shares during the period. Princeton Global Asset Management LLC lifted its stake in shares of Carrier Global by 1,156.1% in the 4th quarter. Princeton Global Asset Management LLC now owns 20,663 shares of the company’s stock worth $1,410,000 after acquiring an additional 19,018 shares during the period. Daiwa Securities Group Inc. lifted its stake in shares of Carrier Global by 12.3% in the 3rd quarter. Daiwa Securities Group Inc. now owns 100,440 shares of the company’s stock worth $8,084,000 after acquiring an additional 11,032 shares during the period. Cerity Partners LLC lifted its stake in shares of Carrier Global by 39.0% in the 3rd quarter. Cerity Partners LLC now owns 136,821 shares of the company’s stock worth $11,013,000 after acquiring an additional 38,365 shares during the period. Finally, Miracle Mile Advisors LLC acquired a new stake in shares of Carrier Global in the 4th quarter worth approximately $2,213,000. 91.00% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CARR has been the topic of a number of research reports. Royal Bank of Canada dropped their target price on shares of Carrier Global from $86.00 to $76.00 and set an “outperform” rating on the stock in a report on Wednesday, February 12th. Citigroup dropped their target price on shares of Carrier Global from $94.00 to $90.00 and set a “buy” rating on the stock in a report on Monday, January 13th. Wolfe Research upgraded shares of Carrier Global from a “peer perform” rating to an “outperform” rating and set a $80.00 target price on the stock in a report on Monday, February 24th. The Goldman Sachs Group initiated coverage on shares of Carrier Global in a report on Thursday, December 12th. They issued a “buy” rating and a $96.00 target price on the stock. Finally, Northcoast Research initiated coverage on shares of Carrier Global in a report on Friday, November 22nd. They issued a “neutral” rating on the stock. Five research 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 company’s stock. Based on data from MarketBeat.com, Carrier Global currently has a consensus rating of “Moderate Buy” and an average price target of $82.53.

Carrier Global Stock Up 3.0 %

CARR stock opened at $67.36 on Friday. Carrier Global Co. has a 52-week low of $53.33 and a 52-week high of $83.32. The company’s 50 day simple moving average is $66.68 and its 200-day simple moving average is $72.27. 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 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 released its quarterly earnings data on Tuesday, February 11th. The company reported $0.54 earnings per share for the quarter, beating the consensus estimate 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 period last year, the firm posted $0.53 EPS. As a group, equities research analysts anticipate that Carrier Global Co. will post 2.99 EPS for the current year.

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.