Carrier Global Corporation ($CARR) has been the focus of various investment firms and noted personalities.
JPMorgan Chase & Co.,
Primecap Management Co. CA,
Vanguard Group Inc., and
Artisan Partners Limited Partnership have increased their holdings, while
Ensign Peak Advisors Inc. and
Nomura Asset Management Co. Ltd. have decreased their shares. Notably,
Rep. Julie Johnson purchased Carrier shares only to later sell them. The stock also marked a new 52-week low which prompted a range of responses from investors, with firms like
Summitry LLC and
Glaxis Capital Management LLC purchasing shares, and others like
Rockefeller Capital Management L.P. and
Candriam S.C.A selling off their stocks. Carrier reported weak
Q3 due to softer demand trends and dealer destocking, resulting in lowered price targets by
Wells Fargo and JPMorgan. The board approved a
$5 billion share repurchase, and is scheduled to present at the
Goldman Sachs Industrials & Materials Conference. The mixed financials have been attributed to
Carrier's mediocre performance in the stock market. Finally, Carrier completed the acquisition of
Addvolt, indicating a move towards electrification solutions.
Carrier Global Corporation CARR News Analytics from Tue, 11 Feb 2025 08:00:00 GMT to Sat, 22 Nov 2025 12:22:40 GMT -
Rating 0
- Innovation -4
- Information 7
- Rumor -5
