BlackRock Amends Carrier Global Stake, Maintains Significant Position

Ticker: CARR · Form: SC 13G/A · Filed: 2024-01-26T00:00:00.000Z

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

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'.

From the Filing

0001086364-24-004676.txt : 20240126 0001086364-24-004676.hdr.sgml : 20240126 20240126162349 ACCESSION NUMBER: 0001086364-24-004676 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240126 DATE AS OF CHANGE: 20240126 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CARRIER GLOBAL Corp CENTRAL INDEX KEY: 0001783180 STANDARD INDUSTRIAL CLASSIFICATION: AIR COND & WARM AIR HEATING EQUIP & COMM & INDL REFRIG EQUIP [3585] ORGANIZATION NAME: 06 Technology IRS NUMBER: 834051582 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-91500 FILM NUMBER: 24568234 BUSINESS ADDRESS: STREET 1: 13995 PASTEUR BOULEVARD CITY: PALM BEACH GARDENS STATE: FL ZIP: 33418 BUSINESS PHONE: 5613652000 MAIL ADDRESS: STREET 1: 13995 PASTEUR BOULEVARD CITY: PALM BEACH GARDENS STATE: FL ZIP: 33418 FORMER COMPANY: FORMER CONFORMED NAME: Carrier Global Corp DATE OF NAME CHANGE: 20190722 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 us14448c1045_012624.txt us14448c1045_012624.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 3) CARRIER GLOBAL CORPORATION -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 14448C104 -------------------------------------------------------- (CUSIP Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 14448C104 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 54871786 (6) Shared voting power 0 (7) Sole dispositive power 60728408 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 60728408 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 7.2% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- CARRIER GLOBAL CORPORATION Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 13995 Pasteur Boulevard PALM BEACH GARDENS FL 33418 Item 2. 2(a) Name of person filing: ----------------------

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