Carrier Global Corporation (CARR) is seemingly performing well, with a recent surge in stock price after an upgrade by
J.P. Morgan. The company is consistently delivering strong quarterly results, has upped its quarterly dividend by 18%, and is progressing positively through 2024 in anticipation of their 2025 Outlook. They are making substantial strides in
sustainable energy management, partnering with Google Cloud and advancing the development of AI-powered home energy management systems. Furthermore, Carrier is simultaneously integrating its EcoEnergy Insights and Abound Digital Solutions, emphasising its ongoing digital transformation.
Carrier's much-discussed TechVantage initiative places substantial investment in its U.S. workforce. The vision for Carrier's future, revealed at the Bank of America Global Industrials Conference, points towards a solid growth strategy. An appointment to the board has been made, as
Amy Miles joins. Despite some stock sliding, the fundamentals remain strong and the market is expected to correct the share price.
While they seem to be in a temperate outlook, Carrier is still making significant moves, selling part of its business entities. The progress of Carrier's transformation is highlighted by their BBB+ rating by
S&P.
Carrier Global Corporation CARR News Analytics from Tue, 02 Jul 2024 07:00:00 GMT to Fri, 07 Mar 2025 14:00:00 GMT -
Rating 8
- Innovation 6
- Information 9
- Rumor 4
