Carrier Global Slides to 453rd in Volume Amid Mixed Institutional Bets as Insiders Cut Holdings

On August 8, 2025, Carrier Global (CARR) fell 0.50% to a volume of $0.22 billion, ranking 453rd in daily trading activity. Analysts have issued a "Moderate Buy" consensus rating based on 17 Wall Street evaluations, with 10 "Buy" and 7 "Hold" recommendations. The average 12-month price target of $84.47 implies a 27.89% upside from its current price of $66.05, though volatility remains a concern given its beta of 1.25.

Institutional investors have adjusted stakes in CARR, with Vanguard Group reducing its position by 2.5% to 10.84% ownership. Corporate insiders, including Director Maximilian Viessmann, sold over 4 million shares, reflecting a 7.28% reduction in ownership. This selling pressure contrasts with recent institutional buying by Brown Advisory and UBS, which increased holdings by 82.6% and 15.6%, respectively, signaling mixed confidence in the stock.

Carrier’s Q2 earnings report showed $0.92 per share, exceeding estimates by $0.02, while revenue reached $6.11 billion, slightly above expectations. The company declared a $0.225 quarterly dividend, maintaining a payout ratio of 19.61%. Despite these positives, analysts have lowered some price targets, with Barclays reducing its target to $82.00 from $84.00, and insider selling has raised short-term uncertainty.

Backtest data highlights the effectiveness of a high-volume trading strategy: purchasing the top 500 stocks by daily trading volume and holding for one day generated a 166.71% return from 2022 to 2025, outperforming the benchmark by 137.53%. This underscores the role of liquidity concentration in short-term performance, particularly for volatile stocks like CARR, which traded at the 453rd highest volume on August 8.