Carrier Global Corporation (CARR) continues to make notable actions in the market and within the company. The board of directors has declared a regular cash dividend. This follows the closing of the $4.95 billion sale of its Global Access Solutions Business, with the unit acquired by Honeywell (HON). A significant level of trading has taken place, with shares invested, sold, and acquired by various financial entities, including Morningstar Investment Services, Scout Investments, and Northern Trust Corp, among others. Carrier's stock performance varied, outperforming competitors on multiple strong trading days but underperforming on others. On the innovation front, Carrier made improvements to its leadership and shareholder rights and completed an acquisition for climate business enhancement. Partnerships were also announced, such as an agreement with Montana Technologies on carbon-reducing cooling technology. The company reported strong results for multiple quarters, and despite some uncertainty around the near-term outlook, set a positive 2024 outlook. Some analysts are optimistic about the stock's upside potential, while others raises concerns of risks due to debt and financial position. Overall, institutional investors currently hold a high percentage of CARR stocks.
Carrier Global Corporation CARR News Analytics from Thu, 26 Oct 2023 07:00:00 GMT to Sun, 09 Jun 2024 16:05:03 GMT -
Rating 0
- Innovation 5
- Information 7
- Rumor -3
