Various investment firms such as
GM Advisory Group LLC, Franklin Resources Inc., Primecap Management, and others, have invested in and bought shares of the
Carrier Global Corporation. However, instances of share trimming and selling were reported by
Charles Schwab Investment Management, Quantum Private Wealth LLC, and Banco Bilbao Vizcaya Argentaria S.A. among others.
Gitlin, the CEO of Carrier Global, also purchased $1m in CARR stock. Despite a 10.5% decline since the last earnings report, analysis predictions show mixed sentiments. Carrier experienced negative impacts in Q3 due to softer demand trends and ongoing dealer destocking. However, the company was credited for navigating these challenges. Notably, developments such as
rebranding of Global Command Centers, inclusion on Fortune's 2025 Change the World list, Board's approval of a $5 billion share repurchase, and the
acquisition of Addvolt and Blaich Automation GmbH were announced.
Jim Cramer of CNBC has expressed a positive stance on Carrier, advising to buy its stock amidst market challenges.
Carrier Global Corporation CARR News Analytics from Tue, 11 Feb 2025 08:00:00 GMT to Sat, 29 Nov 2025 13:20:36 GMT -
Rating 2
- Innovation 4
- Information 6
- Rumor -1
