Legal & General Group Plc Increases Stake in Carrier Global Corporation

Investment firm adds 175,796 shares to its position in the HVAC manufacturer

Mar. 12, 2026 at 10:21am

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Legal & General Group Plc, a major institutional investor, increased its stake in Carrier Global Corporation by 3.8% in the third quarter of 2026, according to a recent SEC filing. The firm now owns 4,845,332 shares of the HVAC manufacturer's stock, worth approximately $289 million.

Why it matters

Carrier Global is a leading global provider of heating, ventilation, air conditioning, refrigeration, and other building technology solutions. This increased investment by a major institutional investor signals confidence in the company's long-term growth prospects.

The details

According to the SEC filing, Legal & General Group Plc purchased an additional 175,796 shares of Carrier Global during the third quarter, bringing its total stake in the company to approximately 0.58%. The investment firm now owns over 4.8 million shares of Carrier Global, making it one of the company's largest institutional shareholders.

  • Legal & General Group Plc increased its stake in Carrier Global in the third quarter of 2026.

The players

Legal & General Group Plc

A major global investment management firm that owns a significant stake in Carrier Global Corporation.

Carrier Global Corporation

A leading global provider of heating, ventilation, air conditioning, refrigeration, and other building technology solutions.

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The takeaway

This investment by Legal & General Group Plc underscores the market's confidence in Carrier Global's long-term growth potential as a leader in the HVAC and building technology industries.