Dodge & Cox Adds $923M in Carrier Global Corporation ($CARR)

Dodge & Cox increased its Carrier Global holdings by 98%, reflecting confidence in the company.

Written by Trueearnings · Published Jun 12, 2026, 10:05 AM EDT · Updated Jun 14, 2026, 4:15 AM EDT

Key Points

Dodge & Cox added 13.2 million shares of Carrier Global, boosting its stake by 98% to 26.6 million shares.
Carrier Global's stock trades near $69.74 with a market cap of $57.9 billion and a P/E ratio of 46.5.
Carrier Global pays a 1.38% dividend yield; next earnings report is expected on April 30, 2026.

Dodge & Cox has significantly increased its investment in Carrier Global Corporation (CARR) according to its latest 13F filing with the SEC. The fund added 13,200,981 shares, nearly doubling its position to 26,622,273 shares, valued at approximately $1.86 billion as of the reporting period.

What Changed in Dodge & Cox's Carrier Global Position

Dodge & Cox's recent move shows a substantial boost in its holdings of Carrier Global, growing by 98% from 13,421,292 shares to 26,622,273 shares. This addition reflects a strong belief in the company's prospects, as the new position is valued at over $1.86 billion.

Carrier Global Stock Snapshot

Shares of Carrier Global traded around $69.74. The company has a market cap of about $57.9 billion and a P/E ratio of 46.5, indicating its earnings are priced higher than many peers. Carrier Global's beta of 1.337 suggests it is more volatile than the overall market. Over the past year, the stock has ranged from a low of $50.24 to a high of $81.09. The stock's 50-day moving average is $67.97, providing a recent benchmark.

Recent Earnings

Carrier Global reported its latest earnings on April 30, 2026. The company's earnings per share (EPS) stand at $1.50, with a market valuation that reflects its strong industry presence. Investors are keenly awaiting the next earnings release to gauge the company's ongoing performance.

Dividend

Carrier Global offers a dividend yield of 1.38%, providing a steady income stream for shareholders. This yield is part of the company's broader strategy to return value to investors alongside its growth initiatives.

About Carrier Global Corporation

Carrier Global Corporation is a leader in providing intelligent climate and energy solutions worldwide. Headquartered in Palm Beach Gardens, Florida, the company operates across several regions including the Americas, Europe, and Asia Pacific. Carrier's offerings range from air conditioners and heating systems to transport refrigeration and monitoring products. With brands like Carrier, Toshiba, and Bryant, it serves both residential and commercial markets. The company was incorporated in 2019 and is led by CEO David L. Gitlin, employing around 47,000 people.

Bottom Line

Dodge & Cox's significant increase in its stake in Carrier Global signals confidence in the company's growth potential. Investors often track such large institutional moves for insights into market sentiment. However, it's important to remember that 13F filings are backward-looking and may not reflect current positions.