Carrier Global Corporation (CARR) has seen increased activity, both transformative and transactional. Results for
2023 and
Q1 2024 were positive, prompting a progressive outlook for 2024. Notable investment movements included acquisitions by
First Trust Direct Indexing,
Azzad Asset Management Inc., and
LVW Advisors LLC, despite some holdings being decreased by investors like
Private Advisor Group and State of Michigan Retirement System. The
Wolfe Research 17th Annual Global Transportation & Industrials Conference featured Carrier Global Corporation.
Dividend payments and a successful strategy to yield-boost their stock from 1.2% to 7.5% have also been noted. The company completed the sale of its
industrial-fire business for $1.425B and its
refrigeration unit to Haier for a significant enterprise value. In innovation, an exciting partnership with
Montana Technologies to develop carbon-reducing cooling technology is in line with Carrier's climate and net-zero targets, validated by the
Science-Based Target Initiative.
Carrier Global Corporation CARR News Analytics from Thu, 26 Oct 2023 07:00:00 GMT to Sun, 07 Jul 2024 12:50:45 GMT -
Rating 6
- Innovation 7
- Information 9
- Rumor 7
