Carrier Global shares rose 5.4% this evening to a price of $58.81. The stock is still trading within range of its average target price of $58.36, and over the last 52 weeks, it has recorded a 31.4% performance. Analysts have given the large-cap Farm & Heavy Construction Machinery stock target prices ranging from $50.0 to $67.0 dollars per share, with an average rating of buy.
Carrier Global's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 3.5%. The stock's short ratio is 6.38. The company's insiders own 0.11% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 94.6%. In conclusion, we believe there is mixed market sentiment regarding Carrier Global.
Institutions Invested in Carrier Global
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-09-30 | Vanguard Group Inc | 11% | 93,778,971 | $5,515,141,413 |
| 2023-09-30 | Capital Research Global Investors | 11% | 89,867,984 | $5,285,136,262 |
| 2023-09-30 | Capital International Investors | 10% | 80,619,896 | $4,741,256,194 |
| 2023-09-30 | Capital World Investors | 10% | 80,540,930 | $4,736,612,203 |
| 2023-09-30 | Blackrock Inc. | 7% | 59,769,652 | $3,515,053,316 |
| 2023-09-30 | State Street Corporation | 4% | 32,670,288 | $1,921,339,682 |
| 2023-09-30 | Geode Capital Management, LLC | 2% | 18,167,301 | $1,068,418,996 |
| 2023-09-30 | Price (T.Rowe) Associates Inc | 2% | 15,817,692 | $930,238,488 |
| 2023-09-30 | Nuveen Asset Management, LLC | 2% | 15,240,258 | $896,279,593 |
| 2023-09-30 | Dodge & Cox Inc | 2% | 14,505,956 | $853,095,292 |
