The renowned HVAC solutions provider,
Carrier Global Corporation (CARR), exhibited inconsistency throughout quarter 3 of 2025. While it achieved
strong sales for Q1 and Q2 of 2025 and
increased its quarterly dividend to $0.24 per share, the quarter 3 performance did not chart the expected trajectory. This was attributed to weak international sales albeit a surge in domestic sales, leading to a
price target adjustment. Additionally, there were significant transactions from leading investment management firms including Vontobel Holding, Alpine Woods Capital, and Texas Permanent School Fund.
Share repurchase authorization of $5 billion was approved by the Board of Directors while the stock recorded a 10.6% drop due to earnings decline. Despite Q3 shortfalls, Carrier advanced its
next-generation rooftop heat pump technology with field trials, aiming at lower energy use in freezing temperature. Furthermore, Carrier made strategic inroads by successfully completing the acquisition of AddVolt and is set to present at the Goldman Sachs prestigious event in 2025, which might reflect positively in future.
Carrier Global Corporation CARR News Analytics from Tue, 11 Feb 2025 08:00:00 GMT to Fri, 26 Dec 2025 13:42:24 GMT -
Rating -5
- Innovation 5
- Information 7
- Rumor 3
