Carrier Global

CARR

Market cap $57.7B

Carrier Global Corporation has delivered strong revenue growth and operational changes, but current valuation limits further upside. I downgrade CARR to Hold as shares are expensive on an absolute basis, despite being cheaper than peers. Short-term headwinds include declining residential HVAC sales and mixed profitability, with analysts expecting near-term revenue and net income declines.

Here is how Carrier Global (CARR) and Sterling Infrastructure (STRL) have performed compared to their sector so far this year.

PALM BEACH GARDENS, Fla., July 7, 2026 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, will release its second quarter 2026 earnings on Tuesday, July 28, 2026 and host a conference call and webcast at 7:30 a.m.

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PALM BEACH GARDENS, Fla., July 1, 2026 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced it has completed the sale of its Riello business to Ariston Group for gross proceeds of approximately $440 million.

WASHINGTON--(BUSINESS WIRE)-- #LetsSolveWater--Xylem Inc. (NYSE: XYL), a leading global water solutions company, today announced two executive leadership appointments, effective July 1, both reporting to President and Chief Executive Officer Matthew Pine. Meredith Emmerich has been appointed EVP and President, Measurement and Control Solutions. Most recently, she served as EVP and President, Applied Water at Xylem. Emmerich joined Xylem in 2024 from Carrier Global Corporation (NYSE: CARR), where she was Vice Pre.

Carrier Global continues to pivot toward higher-margin climate solutions after divesting its fire and security businesses. Owens Corning remains a dominant player in residential roofing and insulation with significant exposure to North American housing markets.

Carrier Global Corporation (CARR) Presents at 16th Annual Wells Fargo Industrials & Materials Conference Transcript

PALM BEACH GARDENS, Fla., June 4, 2026 /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 $0.24 per outstanding share of Carrier common stock.

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