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No insider purchase over the last 90 days. The latest was filed 25 Nov 2025.
CARRIER GLOBAL Corp: what insiders have been doing
This page follows insider dealings at CARRIER GLOBAL Corp as filed with SEC (Form 4), a company from the Industry sector based in Farmington, United States. The group dates from 1915. Over the twelve months to 18 October 2026, 15 filings were filed, from 9 insiders.
No insider sold shares on the market over the period. Instead, the filings list 1 purchase totalling €882k, made by 1 insider. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. On the buying side, the filings list 1 chief executive among the declarants. One trade stands out by size: a purchase of €882k from Gitlin David L., disclosed on 25 November 2025.
Compared with its exchange (5,810 companies, median 19 filings), a count of 15 filings is below the norm. Our records for CARRIER GLOBAL Corp go back to 2021, with 1 purchase and 7 sales on the open market in total. In its latest annual report filed with the SEC (10-K, fiscal year ended 31 December 2025), the company reported revenue of 21.75 bn USD and net income of 1.48 bn USD, with a dividend of 0.68 USD per share.
The most recent open-market purchase was published on 25 November 2025, 327 days ago. Typically, a trade is published a median of 2 days after it takes place. Section 16 rules allow two business days to file each Form 4.
For comparison within the same sector, see the insider buying recorded at Tennant Co and Butler National Corp. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.
Insider Decl.
110
Thresholds
n/a
Buy Volume
€881,567
1 ops. · all time
Sell Volume
€271M
7 ops. · all time
Who traded when
BuySaleDavid L. Gitlin1 buy
Maximilian Viessmann1 sale
Since the insiders bought
- +16.9%Entry US$54.36 · Close at T+90 US$63.53
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
Analyst consensus: bullish or bearish?
Analysts rate CARRIER GLOBAL Corp Buy (bullish), based on 23 analysts. Average price target: US$73.66.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Fundamental score
Ranked 13,613 of 24,158 companies
47.9
score / 100
Value49
Quality47
FCF yld4.6%
Earn yld3.2%
EV/EBITDA16.4x
ROE9.0%
Gross mgn26%
Net mgn6.8%
Debt/EBITDA3.5x
Pillars2/3
Transparent value + quality ranking, distinct from the insider signal.
Financial data
as of FY 2025FY ended December 2025 · cache
US$54.24
Analyst consensus
23 analystsBuy
US$60.00Target US$73.66(+36%)US$90.00
Income statement
RevenueUS$21.7B
Gross profitUS$5.6B26% margin
EBITDAUS$3.5B16% margin
Net incomeUS$1.5B5.5% margin
Valuation
PER (trailing)39.9x
PER (forward)16.4x
P/Book3.4x
Beta1.29
Balance sheet & cash
Market capUS$45.1B
Total debtUS$12.3B
Free Cash FlowUS$2.1B
Debt / Equity92%
Profitability & ownership
ROE9.0%
ROA3.0%
% insiders4.8%
% institutions89.9%
Last declaration on 2 October 2026
Declarations110 total
1,065 shares0Common StockSEC:0001225208-26-008122:0
260 shares@ US$55.220.0000% mcap100.0% of flowCommon StockSEC:0001225208-26-008122:1
50,616 shares0Common StockSEC:0001225208-26-004769:0
21,546 shares@ US$67.620.0026% mcap100.0% of flowCommon StockSEC:0001225208-26-004769:1
1,296 shares@ US$56.90100.0% of flowCommon StockSEC:0001225208-26-004251:1
5,320 shares0Common StockSEC:0001225208-26-004251:0
50 shares0Common StockSEC:0001225208-26-001717:0
1,958 shares0Common StockSEC:0001225208-26-001264:0
15,194 shares0Common StockSEC:0001225208-26-001263:0
5,705 shares0Common StockSEC:0001225208-26-001261:0
90,872 shares0Common StockSEC:0001225208-26-001259:0
13,797 shares0Common StockSEC:0001225208-26-001266:0
5,705 shares0Common StockSEC:0001225208-26-001262:0
40,750 shares0Common StockSEC:0001225208-26-001260:0
19,300 shares@ US$52.620312.2% of flowCommon StockSEC:0000950142-25-003064:0
Canonical exit: 23 Feb 2026 (T+90)
66 shares0Common StockSEC:0001225208-25-007207:0
19,190 shares0Common StockSEC:0001225208-25-007043:0
6,791 shares0Common StockSEC:0001225208-25-006515:0
4,267,425 shares@ US$70.30100.0% of flowCommon StockSEC:0000950142-25-001578:0
24,545 shares@ US$38.3336.5% of flowCommon StockSEC:0001225208-25-002008:0
22,972 shares0Common StockSEC:0001225208-25-001305:0
3,856 shares0Common StockSEC:0001225208-25-001301:0
7,625 shares0Common StockSEC:0001225208-25-001303:0
8,567 shares0Common StockSEC:0001225208-25-001304:0
49,395 shares0Common StockSEC:0001225208-25-001300:0
25 of 110 declarations
About CARRIER GLOBAL Corp
Carrier Global Corporation (NYSE: CARR), headquartered in Palm Beach Gardens, Florida, United States, is a leading industrial company focused on intelligent climate and energy solutions. The business traces its heritage to Willis Carrier, widely recognized as the inventor of modern air conditioning, and today it has evolved into a diversified platform spanning HVAC, refrigeration, building automation, and transport refrigeration. Carrier was separated from United Technologies in 2020, which sharpened its strategic and market focus around climate technologies and made the equity story more directly tied to building efficiency and energy-transition themes. ([corporate.carrier.com](https://www.corporate.carrier.com/?utm_source=openai))
Carrier’s core business lines include commercial HVAC, residential and light commercial HVAC, refrigeration solutions, building controls, and connected aftermarket services. Its portfolio covers air conditioners, heat pumps, boilers, controls, building management systems, and cold-chain technologies for refrigerated trucks, trailers, and containers. The company emphasizes digitally enabled lifecycle solutions, which combines equipment sales with recurring service, maintenance, and software-driven optimization. This model supports customer stickiness and can improve the quality of revenue over time. ([carrier.com](https://www.carrier.com/us/en/our-company/?utm_source=openai))
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In competitive terms, Carrier benefits from one of the most recognizable brands in climate control, a large installed base, and a broad international footprint. It serves commercial, industrial, institutional, and residential customers across multiple geographies, with meaningful exposure to North America, Europe, and Asia. A notable growth driver has been data-center cooling, where Carrier has highlighted strong order momentum and introduced the QuantumLeap suite in 2025 to address thermal-management needs in a rapidly expanding end market. That positioning gives the company exposure to a structural demand tailwind beyond traditional building markets. ([carrier.com](https://www.carrier.com/commercial/en/us/news/news-article/carrier-introduces-quantumleap--a-comprehensive-suite-of-innovative--energy-efficient-solutions-for-data-center-thermal-management.html?utm_source=openai))
Recent corporate actions suggest an active portfolio and innovation strategy. In May 2025, Carrier completed the acquisition of Addvolt, a Portuguese electrification technology company serving refrigerated transport applications, strengthening its energy-efficiency and transport solutions offering. In August 2025, it acquired Blaich Automation GmbH, expanding Automated Logic’s building-automation presence in Germany. Financially, Carrier reported 2025 results showing solid performance in global commercial HVAC and aftermarket, while residential and light commercial demand remained more mixed, especially in the Americas. For investors in France, Belgium, and Switzerland, Carrier stands out as a high-quality U.S.-listed industrial name on the NYSE, with leverage to electrification, building efficiency, and critical infrastructure cooling. ([ir.carrier.com](https://ir.carrier.com/news/news-details/2025/Carrier-Completes-Acquisition-of-Addvolt-Enhancing-its-Electrification-Solutions/default.aspx?utm_source=openai))
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