CARR stock icon

Carrier Global
CARR

$65.65
2.02%
 

About: Carrier Global manufactures heating, ventilation, and air conditioning, refrigeration, and fire and security products. The HVAC business serves both residential and commercial markets (HVAC segment sales mix is 60% commercial and 40% residential). Carrier's refrigeration segment consists of its transportation refrigeration, Sensitech supply chain monitoring, and commercial refrigeration businesses. The firm's fire and security business manufactures fire detection and suppression, access controls, and intrusion detection products. In April 2023, Carrier announced that it plans to divest its fire and security and commercial refrigeration businesses. The firm also acquired Germany-based Viessmann for approximately $13 billion.

Employees: 53,000

0
Funds holding %
of 6,656 funds
0
Analysts bullish %
of 13 analysts
0
News positive %
of 10 articles

Fund manager confidence

Based on 2023 Q4 SEC filings by fund managers ($100M+ AUM)

83% more first-time investments, than exits

New positions opened: 174 | Existing positions closed: 95

6% more funds holding

Funds holding: 1,282 [Q3] → 1,361 (+79) [Q4]

3% more capital invested

Capital invested by funds: $42.5B [Q3] → $43.6B (+$1.16B) [Q4]

1.32% less ownership

Funds ownership: 91.87% [Q3] → 90.55% (-1.32%) [Q4]

23% less repeat investments, than reductions

Existing positions increased: 409 | Existing positions reduced: 532

33% less funds holding in top 10

Funds holding in top 10: 12 [Q3] → 8 (-4) [Q4]

41% less call options, than puts

Call options by funds: $176M | Put options by funds: $301M

Research analyst outlook

13 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$56
15%
downside
Avg. target
$65
1%
downside
High target
$79
20%
upside

13 analyst ratings

positive
54%
neutral
46%
negative
0%
Baird
Timothy Wojs
3%downside
$64
Neutral
Maintained
3 May 2024
TD Cowen
Gautam Khanna
7%upside
$70
Buy
Maintained
29 Apr 2024
Wells Fargo
Joe O'Dea
1%upside
$66
Equal-Weight
Maintained
26 Apr 2024
Oppenheimer
Noah Kaye
3%downside
$64
Outperform
Maintained
26 Apr 2024
Barclays
Julian Mitchell
20%upside
$79
Overweight
Maintained
26 Apr 2024

Financial journalist opinion

Based on 10 articles about CARR published over the past 30 days