Carrier Global Corporation has had multiple noteworthy occurrences lately. Starting with board-related news, the company appointed Amy Miles, former CEO of Regal Entertainment, to its board of directors. Financially, many establishments such as Avanza Fonder AB, Park Avenue Securities LLC, Professional Advisory Services Inc., Czech National Bank, Miracle Mile Advisors LLC, Avity Investment Management Inc., and M&T Bank Corp have increased their stake in Carrier. Despite this, the company's stock performance has demonstrated mixed results. Despite reporting strong Q2 and Q3 results for 2024, Carrier's stock has underperformed compared to its competitors on several days. Recent business activities include the sale of its global access solutions business for $4.95B, the sale of the industrial fire business for $1.425B, and the acquisition of Carrier's Global Access Solutions Unit by Honeywell. Additionally, Carrier has committed to several sustainability initiatives, including a commitment to donate over $2.5 million in indoor air purifiers for wildfire relief in LA and a global partnership to tackle the urban heat crisis with a $1.05M investment. Despite some recent performance inconsistencies, many analysts remain positive about Carrier's future, with a number predicting a market correction.
Carrier Global Corporation CARR News Analytics from Tue, 06 Feb 2024 08:00:00 GMT to Sat, 18 Jan 2025 14:58:31 GMT -
Rating 5
- Innovation 3
- Information 8
- Rumor -3
