Carrier Global (CARR) to Release Quarterly Earnings on Tuesday

Carrier Global (NYSE:CARR) is expected to issue its Q2 2025 quarterly earnings data before the market opens on Tuesday, July 29th. Analysts expect Carrier Global to post earnings of $0.90 per share and revenue of $6.08 billion for the quarter. Carrier Global has set its FY 2025 guidance at 3.000-3.100 EPS.

Carrier Global (NYSE:CARR) last released its quarterly earnings results on Thursday, May 1st. The company reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.07. The business had revenue of $5.22 billion during the quarter, compared to analysts’ expectations of $5.17 billion. Carrier Global had a return on equity of 18.10% and a net margin of 25.45%. The company’s revenue was down 3.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.51 EPS. On average, analysts expect Carrier Global to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Carrier Global Stock Performance

NYSE CARR opened at $75.99 on Tuesday. The stock has a market cap of $65.14 billion, a PE ratio of 11.76, a P/E/G ratio of 2.09 and a beta of 1.31. The company has a current ratio of 1.20, a quick ratio of 0.83 and a debt-to-equity ratio of 0.78. Carrier Global has a twelve month low of $54.22 and a twelve month high of $83.32. The stock has a fifty day simple moving average of $73.11 and a 200-day simple moving average of $67.87.

Carrier Global Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 8th. Investors of record on Monday, July 21st will be paid a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a yield of 1.18%. The ex-dividend date of this dividend is Monday, July 21st. Carrier Global’s payout ratio is 13.93%.

Wall Street Analyst Weigh In

CARR has been the topic of several research analyst reports. JPMorgan Chase & Co. reissued a “neutral” rating and set a $79.00 target price on shares of Carrier Global in a research report on Tuesday, July 15th. Robert W. Baird cut their target price on Carrier Global from $88.00 to $85.00 and set an “outperform” rating on the stock in a research report on Thursday, July 17th. Melius Research raised Carrier Global to a “hold” rating and set a $90.00 target price on the stock in a research report on Tuesday, July 1st. Wells Fargo & Company raised their target price on Carrier Global from $65.00 to $75.00 and gave the stock an “equal weight” rating in a research report on Monday, May 5th. Finally, Mizuho set a $72.00 price target on Carrier Global in a research note on Tuesday, April 22nd. Seven analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $84.65.

Insider Transactions at Carrier Global

In other news, Director Maximilian Viessmann sold 4,267,425 shares of the stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $70.30, for a total transaction of $299,999,977.50. Following the completion of the sale, the director owned 54,341,534 shares in the company, valued at approximately $3,820,209,840.20. This represents a 7.28% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 7.20% of the company’s stock.

Institutional Trading of Carrier Global

An institutional investor recently raised its position in Carrier Global stock. AQR Capital Management LLC boosted its holdings in shares of Carrier Global Corporation (NYSE:CARR) by 51.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 68,225 shares of the company’s stock after buying an additional 23,200 shares during the quarter. AQR Capital Management LLC’s holdings in Carrier Global were worth $4,236,000 at the end of the most recent quarter. 91.00% of the stock is currently owned by institutional investors and hedge funds.

Carrier Global Company 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.