Date | Price Target | Rating | Analyst |
---|---|---|---|
9/6/2024 | Underperform → Peer Perform | Wolfe Research | |
9/6/2024 | $75.00 | Equal-Weight | Morgan Stanley |
8/16/2024 | $70.00 → $74.00 | Outperform | Oppenheimer |
7/29/2024 | $55.00 → $72.00 | Underperform → Neutral | BofA Securities |
7/15/2024 | $64.00 → $75.00 | Neutral → Outperform | Robert W. Baird |
6/24/2024 | $65.00 → $74.00 | Neutral → Buy | Citigroup |
10/12/2023 | $56.00 | Peer Perform → Underperform | Wolfe Research |
10/6/2023 | $53.00 | Neutral → Underweight | JP Morgan |
8-K - CARRIER GLOBAL Corp (0001783180) (Filer)
10-Q - CARRIER GLOBAL Corp (0001783180) (Filer)
8-K - CARRIER GLOBAL Corp (0001783180) (Filer)
Carrier Global Corp (NYSE:CARR) shares are trading lower after it reported second-quarter FY24 results. Net sales rose 12% Y/Y to $6.70 billion, missing the consensus of $7.00 billion. Revenue included 2% organic growth and a 12% boost from the Viessmann Climate Solutions acquisition, partially offset by a 2% decline from divestitures. GAAP operating profit of $3.7 billion was up over 650% from last year, primarily due to the gain on the sale of Access Solutions and the addition of Viessmann Climate Solutions. Adjusted operating profit of $1.2 billion was up 26% Y/Y, driven by contribution from Viessmann Climate Solutions. Carrier Chairman & CEO David Gitlin said, “We delivered s
Carrier Global (NYSE:CARR) reported quarterly earnings of $0.87 per share which beat the analyst consensus estimate of $0.84 by 3.57 percent. The company reported quarterly sales of $6.70 billion which missed the analyst consensus estimate of $7.00 billion by 4.29 percent. This is a 11.82 percent increase over sales of $5.99 billion the same period last year.
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. Below are some instances of options activity happening in the Industrials sector: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume UBER CALL TRADE BULLISH 07/19/24 $70.00 $56.7K 25.3K 12.5K FLR CALL SWEEP BEARISH 11/
PALM BEACH GARDENS, Fla., Aug. 28, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR) Chairman & CEO David Gitlin and Senior Vice President & CFO Patrick Goris will speak at the 12th Annual Morgan Stanley Laguna Conference on Wednesday, September 11, 2024 at 11:10 a.m. ET. The event will be broadcast live at ir.carrier.com. A webcast replay will be available on the website following the event. About CarrierCarrier Global Corporation, global leader in intelligent climate and energy solutions, is committed to creating solutions that matter for people and our planet for
PALM BEACH GARDENS, Fla., Aug. 15, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR), global leader in intelligent climate and energy solutions, entered into a definitive agreement today to sell its Commercial and Residential Fire business to an affiliate of Lone Star Funds for an enterprise value of $3 billion. "The sale of our Commercial and Residential Fire business marks a defining step in our planned business exits critical to our transformational journey to becoming a focused, agile, higher-growth, pure-play company dedicated to creating a more sustainable worl
PALM BEACH GARDENS, Fla., Aug. 9, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR) (the "Company") today announced the Reference Yields for its previously announced cash tender offers (the "Tender Offers"), in the order of priority set forth in the table below, for the outstanding notes listed in the table below (collectively, the "Securities" and each, a "series") such that (i) the aggregate purchase price (excluding accrued and unpaid interest) for all Securities purchased in the Tender Offers does not exceed $1.0 billion (the "Aggregate Purchase Price") and (ii) the aggregate principal amount of (x) the Company's 5.900% Notes due 2034 (the "Notes due 2034") purchased in the Ten
SC 13D/A - CARRIER GLOBAL Corp (0001783180) (Subject)
SC 13G/A - CARRIER GLOBAL Corp (0001783180) (Subject)
SC 13G/A - CARRIER GLOBAL Corp (0001783180) (Subject)
Net sales of $6.7 billion up 12% versus second quarter 2023; organic sales up 2%GAAP EPS of $2.55 up significantly and adjusted EPS of $0.87 up double-digitsGAAP operating margin expanded significantly year over year; adjusted operating margin expanded 200 bpsReaffirming full year 2024 adjusted EPS guidance rangeClosed two of four business exit transactions; remaining two on-trackExpect to repurchase about $1 billion worth of shares in the second half of 2024PALM BEACH GARDENS, Fla., July 25, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR), global leader in intelligent climate and energy solutions, today reported strong financial results for the second quarter of 2024 and reaffir
PALM BEACH GARDENS, Fla., July 9, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR), global leader in intelligent climate and energy solutions, will release its second quarter 2024 earnings on Thursday, July 25, 2024 and host a conference call and webcast at 7:30 a.m. ET. The webcast and presentation will be available at ir.carrier.com. To listen to the earnings call by phone, participants must pre-register at Carrier Earnings Call Registration. All registrants will receive dial-in information and a PIN allowing access to the live call. A recording will be archived a
PALM BEACH GARDENS, Fla., June 6, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR), global leader in intelligent climate and energy solutions, announced today that its Board of Directors declared a quarterly dividend of $0.19 per outstanding share of Carrier common stock. The dividend will be payable on August 8, 2024 to shareowners of record at the close of business on June 21, 2024. About CarrierCarrier Global Corporation, a global leader in intelligent climate and energy solutions, is committed to creating solutions that matter for people and our planet for gener
Wolfe Research upgraded Carrier Global from Underperform to Peer Perform
Morgan Stanley initiated coverage of Carrier Global with a rating of Equal-Weight and set a new price target of $75.00
Oppenheimer reiterated coverage of Carrier Global with a rating of Outperform and set a new price target of $74.00 from $70.00 previously
PALM BEACH GARDENS, Fla., Sept. 29, 2022 /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR), the leading global provider of healthy, safe, sustainable and intelligent building and cold chain solutions, today announced that Susan N. Story, former President and Chief Executive Officer of American Water Works Company, Inc., has been elected to Carrier's Board of Directors, effective Jan. 15, 2023. She will serve on the Board's Audit and Compensation Committees. "Susan is a highly accomplished and successful business leader with significant expertise in finance, operations, cy
PALM BEACH GARDENS, Fla., Dec. 17, 2021 /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR), the leading global provider of healthy, safe, sustainable and intelligent building and cold chain solutions, today announced that director John V. Faraci will not stand for re-election at the company's upcoming Annual Meeting of Shareowners on April 14, 2022. Mr. Faraci will continue to serve on the Board until the Annual Meeting. "On behalf of the Board of Directors and everyone at Carrier, I would like to express our sincere gratitude and thanks to John who, as Executive Chairman,
PALM BEACH GARDENS, Fla., June 9, 2021 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) today announced that Beth Wozniak, Chief Executive Officer and Director of nVent Electric plc, has been appointed to Carrier's Board of Directors. Prior to leading nVent, Wozniak was Senior Vice President & President of Pentair's electrical business. Pentair spun its electrical business to form nVent in April 2018. Before joining Pentair, Wozniak held key leadership and P&L roles during her 25-year tenure at Honeywell, including overseeing critical technologies for HVAC systems. In her various roles she has developed deep experience in sensing, automation, controls and electrification, and in appl
4 - CARRIER GLOBAL Corp (0001783180) (Issuer)
4 - CARRIER GLOBAL Corp (0001783180) (Issuer)
4 - CARRIER GLOBAL Corp (0001783180) (Issuer)