849 Shares in Carrier Global Co. (NYSE:CARR) Bought by Murphy & Mullick Capital Management Corp

Murphy & Mullick Capital Management Corp bought a new position in shares of Carrier Global Co. (NYSE:CARR) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 849 shares of the company’s stock, valued at approximately $58,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CARR. State Street Corp grew its holdings in Carrier Global by 1.4% during the 3rd quarter. State Street Corp now owns 33,665,505 shares of the company’s stock worth $2,709,736,000 after acquiring an additional 469,108 shares during the period. Geode Capital Management LLC boosted its stake in Carrier Global by 1.7% during the third quarter. Geode Capital Management LLC now owns 16,937,689 shares of the company’s stock worth $1,357,961,000 after acquiring an additional 289,439 shares in the last quarter. Fisher Asset Management LLC grew its holdings in Carrier Global by 0.3% in the fourth quarter. Fisher Asset Management LLC now owns 14,313,331 shares of the company’s stock worth $977,028,000 after purchasing an additional 46,222 shares during the period. FMR LLC raised its holdings in shares of Carrier Global by 36.2% during the third quarter. FMR LLC now owns 8,729,073 shares of the company’s stock valued at $702,603,000 after purchasing an additional 2,320,909 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Carrier Global by 1.9% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,993,169 shares of the company’s stock valued at $482,390,000 after buying an additional 110,988 shares during the period. 91.00% of the stock is owned by institutional investors and hedge funds.

Carrier Global Stock Down 1.9 %

Shares of NYSE CARR opened at $65.67 on Friday. 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 stock has a market capitalization of $56.74 billion, a PE ratio of 10.46, a P/E/G ratio of 2.01 and a beta of 1.35. Carrier Global Co. has a one year low of $53.33 and a one year high of $83.32. The business’s fifty day moving average price is $66.21 and its 200-day moving average price is $71.86.

Carrier Global (NYSE:CARR) last issued its earnings results on Tuesday, February 11th. The company reported $0.54 earnings per share for the quarter, topping 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 earnings per share. On average, equities research analysts anticipate that Carrier Global Co. will post 2.99 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on CARR. The Goldman Sachs Group initiated coverage on Carrier Global in a research note on Thursday, December 12th. They set a “buy” rating and a $96.00 price target on the stock. Royal Bank of Canada dropped their target price on Carrier Global from $86.00 to $76.00 and set an “outperform” rating on the stock in a report on Wednesday, February 12th. Mizuho upgraded Carrier Global from a “neutral” rating to an “outperform” rating and set a $78.00 price target for the company in a report on Friday, February 14th. JPMorgan Chase & Co. raised shares of Carrier Global from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $77.00 to $78.00 in a report on Wednesday, March 5th. Finally, Barclays dropped their price target on shares of Carrier Global from $87.00 to $83.00 and set an “overweight” rating on the stock in a research report on Wednesday. Five research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $82.27.

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.