Carrier Global Corporation (CARR) has been under significant investment and divestment activity recently. **Rep. Lisa C. McClain** and various institutions such as Swedbank AB, Avity Investment Management, Sumitomo Mitsui and Ilmarinen Mutual Pension are increasing stakes in Carrier, which could suggest confidence in the company's trajectory. However, at the same time, sizable portions of Carrier stock were sold by entities including Canoe Financial LP and Goldman Sachs Group Inc. In the field of innovation, Carrier is making impressive strides by launching field trials for battery-enabled HVAC systems, seen as an industry game-changer. It has also set a benchmark with a U.S. DOE validated 10-14 Ton Commercial Rooftop Unit. The investment in Technician-focused initiatives points towards the company's long-term outlook. Broad analyst consensus assigns a target price of $84.47, but opinions vary ($75 - $80). Additionally, expected strong HVAC demand leads the company to lift its 2025 forecast. However, the company's share prices faced declines, precipitated by weak international sales and Analysts at Oppenheimer, Mizuho, and The Goldman Sachs Group lowering the price target.
Carrier Global Corporation CARR News Analytics from Mon, 02 Dec 2024 08:00:00 GMT to Sun, 21 Sep 2025 00:13:22 GMT -
Rating 6
- Innovation 7
- Information 5
- Rumor 3
