$CARR

CARRIER GLOBAL Corp

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No SEC Form 4 filings for $CARR in the last 30 days.

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Carrier Global to spend more than $600M on campus in Fort Worth, Texas

Carrier Global plans to invest over $600M in a new 1M+ sq ft facility in Fort Worth, Texas, creating 1,500 jobs. The project, supported by $10.9M in tax abatements, aims to meet strong demand for HVAC systems. The company cited record backlog levels across various markets. The facility is set to open in 2025, expanding Carrier's U.S. manufacturing capacity for thermal management systems.

5 US manufacturing projects bring more than $1.6B in investments

Hyundai Translead, Carrier Global Corp., and Blue Bird Corp. announced over $1.6B in U.S. manufacturing investments, creating 5,625 jobs. Hyundai Translead increased its Illinois investment to $600M, adding 1,250 jobs. Carrier plans a $600M Texas facility for thermal management systems, starting operations in 2027.

CARR sentiment & insider activity

Over the past 7 days, AlphAI's AI scored 10 news stories mentioning CARR (CARRIER GLOBAL Corp). Coverage has skewed bullish: 7 bullish, 3 neutral, and 0 bearish.

Recent CARR coverage spans financial news, corporate actions and sector analysis.

What's driving CARR

AlphAI scores every news story that mentions CARR with an AI model for sentiment and relevance, and aggregates insider trades from CARRIER GLOBAL Corp's SEC EDGAR Form 4 filings. Figures refresh continuously.

News on $CARR

Score

Carrier Global to spend more than $600M on campus in Fort Worth, Texas

Carrier Global plans to invest over $600M in a new 1M+ sq ft facility in Fort Worth, Texas, creating 1,500 jobs. The project, supported by $10.9M in tax abatements, aims to meet strong demand for HVAC systems. The company cited record backlog levels across various markets. The facility is set to open in 2025, expanding Carrier's U.S. manufacturing capacity for thermal management systems.

Analyst recommendations: Albemarle, Dell Technologies, Domino's Pizza

Analysts updated ratings and price targets for several companies. Albemarle (ALB) was upgraded to buy with a $130 target by Mizuho. Dell (DELL) and Domino's (DPZ) were downgraded by Barclays and Gordon Haskett, respectively. Other notable changes include upgrades for Galaxy Digital (GLXY) and Trane (TT), and downgrades for Carrier (CARR), Lennox (LII), and more. Price targets were adjusted accordingly.

$CARRMed

Goldman Sachs downgrades Carrier Global stock rating on margin concerns

Goldman Sachs downgraded Carrier Global (CARR) to Neutral from Buy, lowering its price target to $61 from $74. Analyst Joe Ritchie cited risks to 2027 incremental margins due to data center business mix and rapid capacity expansion. CARR shares fell 25% since Goldman's December 2024 Buy rating, underperforming the XLI and S&P 500. Goldman's 2027 EPS estimate is 3% below consensus.

JPMorgan Restarts Coverage on Carrier Global (CARR) with Neutral

JPMorgan resumed coverage of Carrier Global (CARR) with a Neutral rating and $61 price target, citing valuation attractiveness but earnings uncertainty. CARR offers a 1.66% dividend yield, trades at a 20.4% discount to GF Value™ of $70.18, and has a GF Score™ of 79. Insiders sold $750M shares, while 12 top investors hold CARR, with 8 adding positions.

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