CARR icon

Carrier Global

59.47 USD
+1.29
2.22%
At close Apr 22, 4:00 PM EDT
After hours
59.17
-0.30
0.50%
1 day
2.22%
5 days
-1.85%
1 month
-12.49%
3 months
-15.08%
6 months
-25.80%
Year to date
-12.97%
1 year
10.91%
5 years
302.10%
10 years
395.58%
 

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: 48,000

0
Funds holding %
of 7,419 funds
0
Analysts bullish %
of 6 analysts

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

14% more first-time investments, than exits

New positions opened: 169 | Existing positions closed: 148

0% less funds holding

Funds holding: 1,526 [Q3] → 1,520 (-6) [Q4]

0.44% less ownership

Funds ownership: 81.98% [Q3] → 81.54% (-0.44%) [Q4]

4% less repeat investments, than reductions

Existing positions increased: 511 | Existing positions reduced: 535

16% less capital invested

Capital invested by funds: $59.5B [Q3] → $50B (-$9.53B) [Q4]

24% less call options, than puts

Call options by funds: $404M | Put options by funds: $532M

61% less funds holding in top 10

Funds holding in top 10: 18 [Q3] → 7 (-11) [Q4]

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$64
8%
upside
Avg. target
$74
25%
upside
High target
$83
40%
upside

6 analyst ratings

positive
83%
neutral
17%
negative
0%
Citigroup
Andrew Kaplowitz
8% 1-year accuracy
7 / 83 met price target
21%upside
$72
Buy
Maintained
14 Apr 2025
JP Morgan
Stephen Tusa
42% 1-year accuracy
15 / 36 met price target
8%upside
$64
Overweight
Maintained
8 Apr 2025
Barclays
Julian Mitchell
31% 1-year accuracy
38 / 124 met price target
40%upside
$83
Overweight
Maintained
26 Mar 2025
Wolfe Research
Nigel Coe
25% 1-year accuracy
2 / 8 met price target
35%upside
$80
Outperform
Upgraded
24 Feb 2025
RBC Capital
Deane Dray
17% 1-year accuracy
9 / 52 met price target
28%upside
$76
Outperform
Maintained
12 Feb 2025

Financial journalist opinion

Based on 5 articles about CARR published over the past 30 days

Neutral
PRNewsWire
9 hours ago
Carrier First Quarter 2025 Earnings Advisory
PALM BEACH GARDENS, Fla. , April 22, 2025 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, will release its first quarter 2025 earnings on Thursday, May 1, 2025 and host a conference call and webcast at 7:30 a.m.
Carrier First Quarter 2025 Earnings Advisory
Neutral
PRNewsWire
16 hours ago
Carrier Named One of America's Climate Leaders by USA Today for Second Year in a Row
PALM BEACH GARDENS, Fla. , April 22, 2025 /PRNewswire/ -- On the annual celebration of Earth Day, Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, has once again been named as one of 'America's Climate Leaders' by USA Today.
Carrier Named One of America's Climate Leaders by USA Today for Second Year in a Row
Positive
Seeking Alpha
2 days ago
Carrier Global: A Climate Giant Entering A New Phase Of Transformation
Carrier Global has transformed into a focused HVAC leader, bolstered by acquiring Viessmann, enhancing its heat pump segment and European market presence. The company's strategic shift towards climate solutions and sustainable growth has improved margins and positioned it well for megatrends like decarbonization and energy efficiency. Carrier's financial health is strong, with increased profitability, significant free cash flow, and substantial shareholder returns through dividends and buybacks.
Carrier Global: A Climate Giant Entering A New Phase Of Transformation
Neutral
PRNewsWire
1 week ago
Carrier Board of Directors Declares Quarterly Cash Dividend
PALM BEACH GARDENS, Fla. , April 9, 2025 /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR), global leader in intelligent climate and energy solutions, announced today that its Board of Directors declared a quarterly dividend of $0.225 per outstanding share of Carrier common stock.
Carrier Board of Directors Declares Quarterly Cash Dividend
Positive
Market Watch
3 weeks ago
Carrier Stock Has Sidestepped the Industrial Selloff. Gains Are Just Getting Started.
The company's German heat-pump business, Viessmann, looks ready to perform better than current forecasts, while onshoring and data center buildouts can spur more growth—and stock gains.
Carrier Stock Has Sidestepped the Industrial Selloff. Gains Are Just Getting Started.
Neutral
Seeking Alpha
1 month ago
Carrier Global Corporation (CARR) Bank of America Global Industrials Conference (Transcript)
Carrier Global Corporation (NYSE:CARR ) Bank of America Global Industrials Conference March 20, 2025 4:50 AM ET Company Participants Dave Gitlin - Chief Executive Officer Patrick Goris - Chief Financial Officer Conference Call Participants Andrew Obin - Bank of America Andrew Obin My name is Andrew Obin. I'm Bank of America's multi-industrial analyst based in New York.
Carrier Global Corporation (CARR) Bank of America Global Industrials Conference (Transcript)
Neutral
PRNewsWire
1 month ago
Carrier Launches Lynx FacTOR: Automating Pharmaceutical Product Release Evaluations for Improved Speed and Accuracy
SaaS solution minimizes manual processes, accelerates batch release cycles and meets regulatory compliance* PALM BEACH GARDENS, Fla. , March 18, 2025  /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, announces the launch of Carrier Lynx FacTOR™, a revolutionary software-as-a-service (SaaS) solution designed to transform product release processes in the pharmaceutical industry.
Carrier Launches Lynx FacTOR: Automating Pharmaceutical Product Release Evaluations for Improved Speed and Accuracy
Neutral
PRNewsWire
1 month ago
Carrier Unveils Its First Environmental Product Declaration for Residential HVAC Systems in North America
INDIANAPOLIS , March 12, 2025 /PRNewswire/ --  Carrier is pleased to announce the launch of its first Environmental Product Declaration (EPD) for residential HVAC solutions in North America. This milestone reinforces the company's ongoing commitment to sustainability and transparency in the environmental performance of its products.
Carrier Unveils Its First Environmental Product Declaration for Residential HVAC Systems in North America
Negative
Zacks Investment Research
1 month ago
3 Air Conditioner & Heating Stocks in Focus Overcoming Industry Hurdles
The Zacks Building Products - Air Conditioner & Heating industry stocks like CARR, FIX and AZEK are likely to benefit from pro-environmental moves and technological development amid challenges.
3 Air Conditioner & Heating Stocks in Focus Overcoming Industry Hurdles
Neutral
PRNewsWire
1 month ago
Carrier to Present at the Bank of America Global Industrials Conference
PALM BEACH GARDENS, Fla. , March 7, 2025 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) Chairman & CEO David Gitlin and Senior Vice President & CFO Patrick Goris will speak at the Bank of America Global Industrials Conference in London on Thursday, March 20, 2025 at 4:50 a.m.
Carrier to Present at the Bank of America Global Industrials Conference
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