Carrier Global Corporation (CARR), despite posting good results, saw a decline in Q3 and has also received several downward target price adjustments. Regardless, companies like Pacer Advisors Inc., Brookstone Capital Management, Deprince Race & Zollo Inc., and Foster Victor Wealth Advisors LLC, have expanded their stakes in Carrier, highlighting their belief in the company's long-term prospects. Even amidst softer demand trends and dealer destocking that impacted Carrier's Q3 performance, the company declared quarterly cash dividends and continued advancements in emerging tech. Certain challenges remain, such as lowered guidance, leading to sell-offs, and mixed financials which have raised questions amongst investors. However, the company's bold rebranding and new initiatives demonstrate future planning, despite market challenges. Looking ahead, Carrier's strategic acquisitions of Addvolt and Blaich Automation GmbH enhance its product offerings and position it for future growth. Its investments in the U.S. manufacturing footprint, R&D, and workforce expansion signal this company's aspirations for the long haul.
Carrier Global Corporation CARR News Analytics from Tue, 11 Feb 2025 08:00:00 GMT to Thu, 01 Jan 2026 10:16:15 GMT -
Rating -3
- Innovation 4
- Information 7
- Rumor 4
