BlackRock Amends Carrier Global Stake, Maintains Significant Position
Ticker: CARR · Form: SC 13G/A · Filed: Jan 26, 2024 · CIK: 1783180
| Field | Detail |
|---|---|
| Company | Carrier Global CORP (CARR) |
| Form Type | SC 13G/A |
| Filed Date | Jan 26, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**BlackRock still owns a big chunk of Carrier Global, good sign for the stock!**
AI Summary
BlackRock Inc. filed an amended Schedule 13G/A on January 26, 2024, disclosing its ownership of Carrier Global Corp (NYSE: CARR) common stock as of December 31, 2023. This filing indicates that BlackRock, a major institutional investor, continues to hold a significant stake in Carrier Global, signaling its ongoing confidence in the company. For investors, this means a large, influential fund manager sees value in Carrier Global, which can be a positive indicator for the stock's stability and future prospects.
Why It Matters
This filing shows that a major institutional investor, BlackRock, continues to hold a substantial position in Carrier Global, which can be interpreted as a vote of confidence in the company's long-term outlook.
Risk Assessment
Risk Level: low — This filing is a routine update from a large institutional investor and does not indicate any immediate negative risks for the company.
Analyst Insight
An investor should note that BlackRock's continued significant ownership suggests institutional confidence in Carrier Global, but this routine update doesn't provide new information to warrant immediate action. It's a data point to consider alongside other fundamental analysis.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- CARRIER GLOBAL Corp (company) — the subject company whose shares are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 26, 2024 (date) — the date the SC 13G/A was filed
- 14448C104 (other) — the CUSIP number for Carrier Global Corp's Common Stock
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G, filed under Rule 13d-1(b) of the Securities Exchange Act of 1934.
Who is the filer of this SC 13G/A?
The filer of this SC 13G/A is BlackRock Inc., identified by CIK 0001364742.
What company's securities are the subject of this filing?
The subject company is CARRIER GLOBAL Corp, identified by CIK 0001783180, and the securities are its Common Stock.
What was the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' was December 31, 2023.
When was this specific amendment (Amendment No: 3) filed?
This amendment, Amendment No: 3, was filed on January 26, 2024, as indicated by the 'FILED AS OF DATE' and 'DATE AS OF CHANGE'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 26, 2024 regarding CARRIER GLOBAL Corp (CARR).