Various investment firms have increased or decreased their holdings in Carrier Global Corporation (NYSE:CARR), with Cetera Advisors LLC and Plato Investment Management Ltd buying significant additional shares and Burney Co. and Tidal Investments LLC selling part of their holdings. Carrier has had a dynamic second quarter in 2024, where it beat analysts' forecasts and reported strong financial results. Additionally, they have had confidence in their corporate outlook, providing positive expectations for 2024. Carrier Global Corp has made significant business moves, including the $4.95 billion sale of its Global Access Solutions business and the acquisition of Berlinger & Co. monitoring solutions. Strategic investments are also being made such as in Strategic Thermal Labs for their innovative data centre cooling technology. On the downside, certain sections of the business have performed weaker than others and there are general uncertainties regarding the stock's near-term outlook. However, the company's stock rating has been upgraded by Bank of America, pointing towards positive market sentiment.
Carrier Global Corporation CARR News Analytics from Thu, 30 Nov 2023 08:00:00 GMT to Sun, 04 Aug 2024 14:28:35 GMT - Rating 8 - Innovation 5 - Information 6 - Rumor -2
