Core Viewpoint - Carrier Global Corporation announced a quarterly dividend of $0.24 per share, reflecting a 200% increase since its spin-off in early 2020, demonstrating a commitment to capital allocation and returning value to shareholders [1] Company Overview - Carrier Global Corporation is a global leader in intelligent climate and energy solutions, focusing on innovations that enhance comfort, safety, and sustainability [1] - The company has a history of over a century, having invented modern air conditioning in 1902, and continues to prioritize customer-centric solutions [1] Dividend Announcement - The declared dividend of $0.24 per share will be payable on February 9, 2026, to shareholders of record as of January 20, 2026 [1] - The increase in dividend is part of the company's disciplined approach to capital allocation [1]

Core Insights - Carrier Global Corporation (CARR) is a leading provider of intelligent climate and energy solutions with a market cap of $46.2 billion, offering HVAC systems, refrigeration equipment, fire and security products, and building automation technologies [1][2] Company Performance - CARR's shares have declined 32.3% from its 52-week high of $81.09, reached on July 28, and have underperformed the S&P 500 Index, which rose 5.3% over the same period [3] - Year-to-date, CARR shares are down 19.6%, compared to the S&P 500's 16.5% return, and have decreased 28.6% over the past 52 weeks, significantly lagging behind the S&P 500's 14.2% increase [4] - CARR has been trading below its 200-day and 50-day moving averages since late July, confirming a bearish trend [4] Recent Financial Results - On October 28, CARR reported Q3 results that exceeded expectations, with net sales of $5.6 billion, a decline of 6.8% year-over-year but slightly above analyst estimates [5] - The adjusted EPS of $0.67 fell 13% from the previous year but was 17.5% ahead of consensus estimates, supported by double-digit aftermarket growth and strong momentum in Commercial HVAC [5] Competitive Landscape - CARR has significantly underperformed its rival, Johnson Controls International plc (JCI), which has seen a 38.9% increase over the past 52 weeks and a 47.4% rise year-to-date [6]

Core Insights - Carrier Global Corporation is a leading company in intelligent climate and energy solutions, with a significant stock purchase by CEO David Gitlin indicating confidence in the company's future [1][4]. Company Overview - Carrier Global is known for its innovations in climate solutions, including temperature control, air quality, and transportation, and has been a leader in the industry since inventing modern air conditioning in 1902 [2]. Stock Performance - The current stock price of Carrier is $53.74, reflecting a 3.85% increase or $1.99, with a trading range today between $52.14 and $53.85. Over the past year, the stock has reached a high of $81.09 and a low of $50.30. The company's market capitalization is approximately $45.26 billion, with a trading volume of 3,703,977 shares on the NYSE [3]. Leadership Engagement - Carrier's leadership, including CEO David Gitlin and Senior VP & CFO Patrick Goris, actively engages with investors and stakeholders, recently participating in the Baird 55th Annual Global Industrial Conference, providing insights into the company's strategic directions [4]. Upcoming Events - David Gitlin is scheduled to speak at the Goldman Sachs Industrials and Materials Conference on December 4, 2025, with the event being broadcast live and a webcast replay available on Carrier's investor relations website, highlighting the company's commitment to transparency and communication [5].

Core Insights - Carrier Global Corporation will be represented by Chairman & CEO David Gitlin at the Goldman Sachs Industrials and Materials Conference on December 4, 2025, at 8:40 a.m. ET, with a live broadcast available [1] - The company is recognized as a global leader in intelligent climate and energy solutions, focusing on innovations that enhance comfort, safety, and sustainability [2] Company Overview - Carrier Global Corporation has a long history of innovation, having invented modern air conditioning in 1902, and continues to lead in climate solutions such as temperature control and air quality [2] - The company emphasizes an inclusive workforce that prioritizes customer needs in its operations [2] Recent Achievements - Carrier has been recognized by the U.S. Department of Energy as an Energy Skilled Training Provider for Heat Pump Installation, highlighting its commitment to sustainable HVAC solutions [3]

Core Insights - The logistics sector has seen significant engagement from investors, particularly in the ASEAN and US markets, highlighting its growth potential and diversification opportunities [1] - The popularity of insurance companies in the Philippines since 2014 indicates a shift in investment strategies among local investors, moving towards a more diversified portfolio [1] - The entry into the US market has provided additional avenues for investment, particularly in sectors such as banking, hotels, and logistics, reflecting a broader trend of globalization in investment strategies [1] Investment Strategies - Initial investments were focused on blue-chip companies, but there has been a diversification into various industries and market capitalizations over time [1] - The approach includes holding stocks for retirement as well as for trading profits, showcasing a dual strategy in investment [1] - The use of platforms like Seeking Alpha has facilitated knowledge sharing and comparative analysis between different markets, enhancing investment decision-making [1]

Core Points - The article emphasizes the importance of enabling Javascript and cookies in browsers to prevent access issues [1] Group 1 - The article suggests that users may face blocks if they have an ad-blocker enabled, indicating a need to disable it for proper access [1]

Carrier Global FY Conference Summary Company Overview - **Company**: Carrier Global (NYSE:CARR) - **Industry**: HVAC (Heating, Ventilation, and Air Conditioning) and Transportation Refrigeration Equipment - **Event**: FY Conference held on November 12, 2025 Key Points and Arguments Company Strategy and Market Position - Carrier has established a focused and balanced portfolio aimed at sustained growth through leadership in products, aftermarket, and systems [4][5] - The company is a market leader in residential and commercial HVAC, with significant investments made post-spin to enhance product offerings and market share [5][6] - Carrier's data center revenues are projected to double to $1 billion this year, with a backlog extending into 2028, indicating strong future growth potential [6][10] Residential Business Insights - The residential HVAC market in the U.S. is estimated to have about 130 million installed units, with a historical replacement rate of approximately 6% annually [7][8] - Current estimates suggest a decline in replacement rates to about 7.5 million units for the year, with expectations of gradual recovery to historical norms over the next few years [9][10] - The company is focused on reducing field inventories by 30% to mitigate destocking headwinds, achieving a reduction of over 25% as of October [11][12] Market Dynamics and Challenges - Factors affecting the residential market include high interest rates, low existing home sales, and consumer reluctance to replace HVAC systems [20][21] - The company acknowledges that excess stocking levels from the previous year have contributed to current market challenges [19][20] - The residential replacement market is primarily driven by break-fix scenarios, with pent-up demand expected as consumers transition to new refrigerants [24][25] Pricing and Margin Outlook - Carrier's pricing environment remains robust, with overall pricing up double digits year-over-year, and plans for mid-single-digit price increases in residential HVAC for the next year [26][28] - The company anticipates carryover cost savings of at least $100 million next year, contributing positively to margins [29][42] Growth Projections - Carrier maintains a medium-term organic growth target of 6%-8%, supported by market share gains and product differentiation strategies [30][31] - The commercial HVAC segment is expected to grow significantly, particularly in data centers, which are projected to see a 20%-25% increase in activity next year [36][35] Capital Allocation and Share Repurchase - The company plans to focus on share repurchases, with an expected $3 billion allocated for this purpose in the current year, alongside funding for organic growth and dividends [43][45] - Carrier is not currently pursuing large-scale acquisitions, emphasizing a focus on execution and customer service [45] Additional Important Insights - The company is leveraging technology and data analytics to enhance forecasting and operational efficiency [21][22] - There is a strong emphasis on aftermarket growth through improved parts capture, service attachment, and modifications/upgrades [40][41] - Carrier's commitment to cost reduction while investing in growth positions it well for future recovery and market leadership [12][45]

Core Insights - Carillon Tower Advisers released its third-quarter 2025 investor letter for the Carillon Eagle Growth & Income Fund, highlighting the S&P 500 Index's year-to-date return of 13.7% and emphasizing the reliance on AI deployment as a key market driver [1] - The fund's top holdings include Carrier Global Corporation, which has shown a one-month return of -0.42% and a 52-week gain of 25.43% [2] - Carrier Global Corporation's stock underperformed in the third quarter due to lowered guidance in its residential HVAC segment, reflecting softer demand trends and dealer destocking [3] Company Performance - Carrier Global Corporation reported sales of $5.6 billion in the third quarter of 2025, with a market capitalization of $47.981 billion as of November 11, 2025 [4] - The company's stock closed at $56.97 per share, indicating a significant increase over the past year despite recent underperformance [2][4] - The company is not among the top 30 most popular stocks among hedge funds, with 53 hedge fund portfolios holding its shares at the end of the second quarter [4] Market Context - The current market performance is heavily influenced by growth and momentum, particularly in AI-related stocks, which poses a risk if the AI deployment narrative weakens [1] - The reset in Carrier's residential HVAC guidance has overshadowed stable results in its commercial HVAC and aftermarket segments, raising concerns about near-term earnings [3] - There is a belief that certain AI stocks may offer greater upside potential compared to Carrier Global Corporation, suggesting a shift in investment focus [4]

Core Insights - Investors should closely monitor Carrier Global Corporation (CARR) due to significant movements in the options market, particularly the high implied volatility of the Jan 16, 2026 $35.00 Call option [1] Company Analysis - Carrier Global currently holds a Zacks Rank of 5 (Strong Sell) in the Building Products - Air Conditioner and Heating Industry, which is positioned in the bottom 21% of the Zacks Industry Rank [3] - Over the past 60 days, no analysts have increased their earnings estimates for the current quarter, while four analysts have revised their estimates downward, leading to a decrease in the Zacks Consensus Estimate from 63 cents per share to 40 cents [3] Options Market Insights - The high implied volatility surrounding Carrier Global suggests that options traders anticipate a significant price movement, which could indicate an upcoming event that may lead to a substantial rally or sell-off [2][4] - Options traders often seek to sell premium on options with high implied volatility, aiming to benefit from the decay of the option's value if the underlying stock does not move as much as expected by expiration [4]

Core Insights - Carrier Global Corporation (CARR) is a leading provider of heating, ventilation, air conditioning, refrigeration, fire protection, security, and building automation technologies, with a market cap of $47.9 billion [1] Performance Overview - CARR shares have underperformed the broader market, declining 23.1% over the past year, while the S&P 500 Index has increased by 17.5% [2] - Year-to-date, CARR stock is down 16.7%, compared to a 15.6% rise in the S&P 500 [2] - Compared to the SPDR S&P Homebuilders ETF, which has declined about 12.2% over the past year, CARR's performance is notably weaker [3] Financial Results - In Q3, CARR reported revenue of $5.58 billion, exceeding analyst estimates of $5.56 billion [4] - The adjusted EPS of $0.67 surpassed analyst expectations by 17.7% [4] - For the current fiscal year ending in December, analysts project a 3.1% growth in EPS to $2.64 on a diluted basis [4] - CARR has consistently beaten consensus estimates in the last four quarters [4] Analyst Ratings - Among 24 analysts covering CARR, the consensus rating is a "Moderate Buy," consisting of 12 "Strong Buy" ratings, one "Moderate Buy," 10 "Holds," and one "Strong Sell" [5] - The consensus rating has become less bullish compared to the previous month, with 13 analysts previously suggesting a "Strong Buy" [6] - JPMorgan Chase & Co. maintained a "Neutral" rating on CARR and lowered the price target to $60, indicating a potential upside of 5.5% from current levels [6] - The mean price target of $74.65 suggests a 31.3% premium to CARR's current price, while the highest price target of $90 indicates an upside potential of 58.3% [6]